Horizonte Minerals (AIM:HZM)(TSX:HZM) (‘Horizonte’ or ‘the Company’) the nickel development company focussed in Brazil, is pleased to announce that it has submitted its Mine Plan to Brazil’s National Mining Agency (‘Agência Nacional de Mineração’ ou ‘ANM’), for its Araguaia nickel project (‘Araguaia’ or ‘the Project’), Brazil’s next ferronickel project.
Horizonte CEO, Jeremy Martin, commented:
“In addition to the Mine Construction Permit filed last month, the submission of the Mine Plan marks another important permitting milestone for the Araguaia Project as both advance us towards receipt of the principal permits necessary to commence mine construction.
We are pleased that ANM has approved the final exploration reports for all of the Mineral Reserves to cover Araguaia’s initial 28 year mine life, a strong endorsement by Brazil’s National Mining Agency. The permitting steps for developing a new mine in Brazil follow a stage gate process and the approval of the final exploration reports have now allowed us to progress to the Mine Plan stage.”