Aim- and TSX-listed Horizonte Minerals on Tuesday announced that it had a new high-grade resource that could serve either one of its two production centres in Brazil – Araguaia or Vermelho.
The Serra do Tapa nickel deposit has a NI 43-101 mineral resource estimate in the measured and indicated category of 70-million tonnes, grading 1.22% nickel, at a 0.9% nickel cut-off.