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Horizonte Minerals Reports "Further Positive Results" From Brazil; Shares Shy of Year Highs

Horizonte Minerals Plc, (HZM.TO), the exploration and development company focused in Brazil, announced "further positive results" from the on-going infill resource drilling programme at its 100% owned Araguaia nickel project in Para State, north central Brazil.

Highlights:

- New high grade nickel intersections at the Jacutinga Target include: 7.61 metres grading 1.80% Ni

- New high grade nickel intersections from the Vila Oito Target include: 6.75 metres grading 2.53% Ni, 10.52 metres grading 1.91% Ni, 13.33 metres grading 1.78% Ni; 166 holes (5,500 metres) of the 7,000m infill drill programme completed to date (commenced on 18 September 2012) targeting the Jacutinga, Vila Oito, Vila Oito East and Pequizeiro West targets at Araguaia.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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