Horizonte Minerals Plc, (AIM:HZM) (TSX:HZM) (‘Horizonte’ or ‘the Company’) the nickel development company focused in Brazil, is pleased to announce that it has appointed Geotechreserves Do Brasil – Serviços De Perfurações E Sondagens Ltda (‘Geotechreserves’) to conduct the diamond drilling associated with the Feasibility Study (‘FS’) for its 100%-owned Araguaia nickel project (‘Araguaia’ or ‘the …

Horizonte CEO Jeremy Martin said, “The Feasibility Study at Araguaia is now fully underway. Having successfully completed the project kick-off meeting on site which was attended by all of our consulting groups during the second week of March, the drill programme will provide data which will form an integral part of the Feasibility Study. This includes detailed information of the trial excavation programme as well as geotechnical information over the planned process plant site which will be used to design the foundations and the main structures that support the electric furnace and kiln. We look forward to providing updates on this programme, as well as in respect to our other work streams including site engineering, mining, and the permitting progress, in the coming months.”