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

Dec. 28, 2010 07:12AM PST

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.

To access the full story, click here.