Horizonte Minerals Regulatory News (HZM)

25 Sep 2009 17:01



Horizonte Minerals Plc / Index: AIM / Epic: HZM / Sector: Mining

25 September 2009

Horizonte Minerals Plc ('Horizonte' or 'the Company')

Notification of Interests in Shares

Horizonte Minerals plc, the AIM quoted exploration and development company focussed on Brazil and Peru, announces that it has been notified, that Anglo Pacific Group plc, subsequent to the Company's recent placing, holds 9,150,000 ordinary shares in Horizonte, representing 15.50% of the total issued share capital of the Company.

* * ENDS * *

For further information visit www.horizonteminerals.com or contact:

Notes:

Horizonte Minerals plc is an AIM listed exploration and development company with a portfolio of gold, silver and base metal projects in producing mineral districts in Brazil and Peru. The Company is focused on creating value by generating and rapidly advancing new exploration projects to joint venture out to the major mining companies, providing mid term cash flow which is then used to develop the business and pipeline projects.

Horizonte has four strategic partnerships; AngloGold Ashanti, Troy Resources, Mineração e Siderugia Ltda and Barrick Gold, which the Company is working together with to develop its multi commodity portfolio and explore further development opportunities in Brazil and Peru. 

The Company has two primary projects situated in the Carajas Mineral Province of northern Brazil being advanced towards a resource definition; the 22,556 hectare Lontra nickel project situated in the Araguaia mobile belt and the Tangara gold, which the Company signed a US$2.8 million option agreement to advance the project with Troy Resources in Dec 2007. Horizonte is also developing in tandem with Barrick Gold, the 2,147 hectare Pararapa gold property located in the Department of Arequipa, southern Peru.