Horizonte Minerals Regulatory News (HZM)

18 Oct 2007 07:01

Horizonte Minerals PLC18 October 2007 Horizonte Minerals plc / Index: AIM / Epic: HZM / Sector: Mining 18 October 2007 Horizonte Minerals plc ('Horizonte') Letter to Shareholders Horizonte Minerals plc, the AIM listed exploration and development companyfocused on Brazil and Peru, has posted a letter to shareholders, giving anoverview of its current projects and strategy. The letter is also available onHorizonte's website - www.horizonteminerals.com. * * ENDS * * For further information visit www.horizonteminerals.com or contact: Jeremy Martin/David Hall Horizonte Minerals plc Tel: 020 7495 5446 David Paxton Hichens Harrison Tel: 020 7382 7785 Hugo de Salis St Brides Media & Finance Ltd Tel: 020 7242 4477 John Frain/Fergal Meegan Davy Tel: +353 1 679 6363 Notes to Editors: Horizonte Minerals plc is an AIM listed exploration and development companyfocused on gold, silver and base metal opportunities in Brazil and Peru. It aimsto become, through experience and a track record of discovery success, to becomethe preferred exploration partner for Major gold and base metal miningcompanies, in the region. The Group's has two flagship gold exploration projects in Brazil, a onesilver-zinc-lead project in Peru as well as additional gold, zinc and nickelexploration projects in Brazil. The two Brazilian gold projects, Tangara andFalcao, south of the highly prospective Carajas Mineral Province each cover anarea of approximately 300 sq km and are centred over greenstone belts, withknown gold mineralisation. The scale of these project areas, early results, theoverall aerial extent of the mineralised system and the high density andmagnitude of related gold anomalies, indicate the potential for multiple depositdiscoveries. The El Aguila silver-zinc-lead project is located in the historic miningdistrict of Cerro de Pasco in Central Peru. Drilling has demonstrated the highgrade potential of this project. Additional projects include the 4,660 hectareon the prospective Achaean aged Crixas greenstone belt, where multiplenickel-copper anomalies have been defined and the 25,556 hectare Lontra NiProject situated in the Araguaia mobile belt, which flanks the eastern margin ofthe Carajas Mineral Province of northern Brazil. This information is provided by RNS The company news service from the London Stock Exchange