TIDMHZM
Horizonte Minerals PLC
28 September 2017
28 September 2017
Horizonte Minerals Plc
('Horizonte' or 'the Company')
COMMUNITY DEVELOPMENT WORK
Horizonte Minerals Plc, (AIM: HZM, TSX: HZM) the nickel
development company focussed in Brazil, is pleased to report on its
recent social investment activities at its 100%-owned Araguaia
nickel project ('Araguaia' or 'the Project').
Horizonte has launched a rural literacy development programme in
schools located close to the Project. Additionally, the Company has
implemented a sexual health campaign as part of an ongoing public
health programme in the Municipality of Conceição do Araguaia,
which is the largest community around the Project area.
Highlights
-- Selected schools within the project area were provided with
new libraries, education equipment and furniture;
-- The literacy programme implemented by the Company has
benefited over 600 students in the rural areas of the Conceição do
Araguaia community; and,
-- Horizonte hired an experienced non-governmental organisation
(NGO) to kick-off a sexual health programme, which in its initial
campaign, reached over 1,500 students and community members in
Conceição do Araguaia.
Horizonte's CEO, Jeremy Martin, commented;
"The communities close to Horizonte's Araguaia nickel project
are some of the Company's most important stakeholder groups.
Horizonte is committed to supporting these communities and our
recent investment in the literacy and health programmes marks the
beginning of this commitment.
"Horizonte remains focussed on developing and maintaining these
strong partnerships as we progress Araguaia into Brazil's next
major nickel producing mine."
Literacy Initiative
The initiative aims to promote literacy and engagement in
education within Araguaia's direct area of influence. Importantly,
the targeted schools received renovated libraries, with new
education equipment and furniture including: bookshelves, tables,
chairs, audio equipment and an array of new books to meet the needs
of all reading levels from kindergarten to high-school aged
readers. The schools that benefited are within 5-10 kilometres of
the planned Araguaia pits and processing plant. The Company also
partnered with teachers and the local government as part of this
programme.
The new libraries were inaugurated in the presence of Conceição
do Araguaia's Minister for Education; the school directors; and
Horizonte's Sustainability Manager, Katie Millar, in addition to
students, parents and teachers.
Sexual Health Campaign, Conceição do Araguaia
Horizonte promoted its first sexual health campaign in the
Conceição do Araguaia community. The initial campaign was led by
specialist consultants of the Barong NGO, which has been acting as
a sexual health advocate for over 22 years in Brazil. The attendees
included pre-adolescents, adolescents and young students from five
schools and two public universities.
In addition, the campaign included community awareness
presentations at public events on the theme of sexually transmitted
disease prevention. The initiative is supported by the local
government's Department of Health, Tourism and Environment of
Conceição do Araguaia. This campaign marked the beginning of an
ongoing health partnership between Horizonte and the community, as
part of the broader community development plan.
Social Investment Programme
Horizonte is committed to creating sustainable value for our key
stakeholder groups, including our local communities and
governments. Throughout the Araguaia project's lifetime, Horizonte
will focus its community contributions into three main categories:
economic development; social development; and care & respect
for its community.
Further details are available on the Company's website:
http://horizonteminerals.com/uk/en/responsibility/
Lastly, as part of the Company's permitting programme with the
State Government's environment agency, to obtain the construction
licence for the Araguaia project, Horizonte is establishing a local
government development programme in consultation with local
residents and the elected governments of Conceição do Araguaia and
Floresta do Araguaia communities.
For further information visit www.horizonteminerals.com or
contact:
Horizonte Minerals
plc
Jeremy Martin (CEO) +44 (0) 20
/ David Hall (Chairman) 7763 7157
Tavistock (Financial
PR)
Jos Simson / Barney +44 (0) 207
Hayward / Emily Fenton 920 3150
About Horizonte Minerals:
Horizonte Minerals Plc is an AIM and TSX-listed nickel
development company focussed in Brazil, which wholly owns the
advanced Araguaia nickel laterite project located to the south of
the Carajás mineral district of northern Brazil. The Company is
developing Araguaia as the next major nickel mine in Brazil, with
targeted production by 2020.
The Project has good infrastructure in place including rail,
road, water and power.
Horizonte has a strong shareholder structure including Teck
Resources Limited 17.9%, Lombard Odier Asset Management (Europe)
Limited 14.11%, Richard Griffiths 14.5%, JP Morgan 8.4%, Hargreave
Hale 6.4% and Glencore 6.4%.
CAUTIONARY STATEMENT REGARDING FORWARD LOOKING INFORMATION
Except for statements of historical fact relating to the
Company, certain information contained in this press release
constitutes "forward-looking information" under Canadian securities
legislation. Forward-looking information includes, but is not
limited to, statements with respect to the potential of the
Company's current or future property mineral projects; the success
of exploration and mining activities; cost and timing of future
exploration, production and development; the estimation of mineral
resources and reserves and the ability of the Company to achieve
its goals in respect of growing its mineral resources; and the
realization of mineral resource and reserve estimates. Generally,
forward-looking information can be identified by the use of
forward-looking terminology such as "plans", "expects" or "does not
expect", "is expected", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates" or "does not anticipate", or
"believes", or variations of such words and phrases or statements
that certain actions, events or results "may", "could", "would",
"might" or "will be taken", "occur" or "be achieved".
Forward-looking information is based on the reasonable assumptions,
estimates, analysis and opinions of management made in light of its
experience and its perception of trends, current conditions and
expected developments, as well as other factors that management
believes to be relevant and reasonable in the circumstances at the
date that such statements are made, and are inherently subject to
known and unknown risks, uncertainties and other factors that may
cause the actual results, level of activity, performance or
achievements of the Company to be materially different from those
expressed or implied by such forward-looking information, including
but not limited to risks related to: exploration and mining risks,
competition from competitors with greater capital; the Company's
lack of experience with respect to development-stage mining
operations; fluctuations in metal prices; uninsured risks;
environmental and other regulatory requirements; exploration,
mining and other licences; the Company's future payment
obligations; potential disputes with respect to the Company's title
to, and the area of, its mining concessions; the Company's
dependence on its ability to obtain sufficient financing in the
future; the Company's dependence on its relationships with third
parties; the Company's joint ventures; the potential of currency
fluctuations and political or economic instability in countries in
which the Company operates; currency exchange fluctuations; the
Company's ability to manage its growth effectively; the trading
market for the ordinary shares of the Company; uncertainty with
respect to the Company's plans to continue to develop its
operations and new projects; the Company's dependence on key
personnel; possible conflicts of interest of directors and officers
of the Company, and various risks associated with the legal and
regulatory framework within which the Company operates.
Although management of the Company has attempted to identify
important factors that could cause actual results to differ
materially from those contained in forward-looking information,
there may be other factors that cause results not to be as
anticipated, estimated or intended. There can be no assurance that
such statements will prove to be accurate, as actual results and
future events could differ materially from those anticipated in
such statements.
This information is provided by RNS
The company news service from the London Stock Exchange
END
NRALIFFTARITFID
(END) Dow Jones Newswires
September 28, 2017 04:30 ET (08:30 GMT)
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