19th Feb 2009 07:00
Horizonte Minerals plc / Index: AIM / Epic: HZM / Sector: Mining
19th February 2009
Horizonte Minerals plc ('Horizonte' or 'the Company')
Change of Adviser and Broker
Horizonte Minerals plc, the AIM quoted exploration and development company focused on Brazil and Peru, has appointed Hanson Westhouse Limited as its Nominated Adviser and Broker with immediate effect.
* * ENDS * *
For further information visit www.horizonteminerals.com or contact:
|
Jeremy Martin |
Horizonte Minerals plc |
Tel: 020 7495 5446 |
|
David Hall |
Horizonte Minerals plc |
Tel: 020 7495 5446 |
|
Richard Baty |
Hanson Westhouse Limited |
Tel: 020 7601 6100 |
|
Harry Barraclough |
Hanson Westhouse Limited |
Tel: 020 7601 6100 |
|
Hugo de Salis |
St Brides Media & Finance Ltd |
Tel: 020 7236 1177 |
|
Felicity Edwards |
St Brides Media & Finance Ltd |
Tel: 020 7236 1177 |
Notes to Editors:
Horizonte Minerals plc is an AIM quoted exploration and development company with a portfolio of gold, silver, nickel, lead and zinc projects in producing mineral districts in Brazil and Peru. It has three primary projects working towards a resource definition, including the 22,556 hectare Lontra nickel project situated in the Araguaia mobile belt, which flanks the eastern margin of the Carajas Mineral Province of northern Brazil, the 2,147 hectare Pararapa gold property located in the Department of Arequipa, southern Peru, which it is advancing in tandem with Barrick Gold and the silver-zinc-lead project El Aguilia in Peru, located in the historic mining district of Cerro de Pasco. In addition it has a generative pipeline of early stage projects in development including 300 sq km Falcao gold project located near the Lontra project.
The Company is focused on generating and rapidly advancing exploration projects before joint venturing them with a major mining company to further develop the projects and provide mid-term cash flow, which can be fed back into the business and its other projects. This model was initially proven in December 2007 when Horizonte signed an option agreement with Troy Resources (ASX:TRY), to operate and develop its Brazilian Tangara gold project by expending a total US$2.0 million on exploration and development as well as a royalty payment on production.
Related Shares:
HZM.L