Horizonte Minerals Reports Further High-Grade Nickel Drill Results at Araguaia

- November 21st, 2011

Horizonte Minerals (TSX:HZM,AIM:HZM) announced continuing positive results from the infill resource drilling programme at its Araguaia nickel project.

Horizonte Minerals (TSX:HZM,AIM:HZM) announced continuing positive results from the infill resource drilling programme at its Araguaia nickel project.

As quoted in the press release:

Highlights

  • New high grade intersections on the Baião target include:
    • 11.1 metres grading 2.01% Ni
    • 15.0 metres grading 1.88% Ni
    • 16.9 metres grading 1.85% Ni

Horizonte’s CEO, Jeremy Martin said:

The Company is fast tracking work on the Araguaia nickel project and with the current phase of resource drilling now complete, this will allow us to expand our maiden resource of 76.6Mt grading 1.35% nickel that was released in March of this year.

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

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