Horizonte Minerals Files Araguaia Nickel Project Report

Horizonte Minerals plc, (TSX:HZM,AIM:HZM) announced it has filed an NI 43-101 technical report for its Araguaia nickel project in Brazil.

Horizonte’s CEO, Jeremy Martin said:

I am pleased to file the NI 43-101 report for the new resource at Araguaia, which, at a 0.95% Ni cut-off, totals 39.3 million tonnes grading 1.39% nickel in the Indicated category and 60.9 million tonnes averaging 1.22% Ni in the Inferred category.  Work is now focussed on the metallurgical test work and the Preliminary Economic Assessment in H1 2012, and we look forward to updating shareholders on our progress in due course.

Click here to read the Horizonte Minerals plc, (TSX:HZM) press release.