Horizonte Minerals Plc - Posting Of Annual Report And Account And Notice Of AGM
TORONTO, Feb. 28, 2013 /CNW/ - Horizonte Minerals Plc, (AIM: HZM, TSX: HZM) ('Horizonte' or 'the Company') the exploration and development company focused in Brazil, announces that its annual report and accounts for the year ended 31 December 2012 and notice of Annual General Meeting ('AGM') were posted to shareholders on 27 February 2013 and are available to download on the Company's website at www.horizonteminerals.com.
The AGM will be held on 25 March 2013 at 2.30 p.m at the offices of FinnCap Limited, 60 New Broad Street, London EC2M 1JJ. About Horizonte Minerals: Horizonte Minerals plc is an AIM and TSX listed exploration and development Company with a portfolio of nickel and gold projects in the Carajas District of Brazil. The Company is focussed on creating value by generating and rapidly advancing exploration projects in tandem with joint ventures with major mining companies, providing mid-term cash flow, which is then used to develop the business and pipeline projects.
Horizonte has two committed major mining partners: Teck Resources Limited, a major strategic shareholder in the Company, and AngloGold, a JV partner on the Falcao gold project.
Horizonte owns 100 per cent of the advanced Araguaia nickel project located to the south of the Carajas mineral district of northern Brazil. The project has defined a resource with size and grades comparable to other world-class projects in northern Brazil and the Company has completed a Preliminary Economic Assessment on the project which illustrates robust economics based on low strip ratio, good infrastructure, and large mineral resource with two viable alternatives for processing.Horizonte is well funded to accelerate the development of its core project.
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