Horizonte makes progress at Araguaia nickel project and Pequizeiro West drilling now complete

Steel Guru.com reports that Horizonte Minerals (LON:HZM) is making progress at their nickel projects.

The story is quoted as saying:

A Phase 1 drilling program is underway at Araguaia, testing the Baião and Pequizeiro targets. There are currently three rigs turning on site with a fourth expected to join the effort in January and the program is expected to provide enough data for a NI43-101 compliant resource estimate in Q1 2011.

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