Investor Presentaiton

HORIZONTE MINERALS Nickel in Brazil - Proven Process ATLANTIC OCEA Project Company Tonnes Grade Stage Type Jacare Anglo Am. 290Mt 1.30% Feas. FeNi TUCURUI POWER DAM Para State CARAJAS SAO LUIZ RAILWAY S. Do Tapa Xstrata 60Mt 1.63% Pfeas FeNi Barro Alto Anglo Am. 123Mt 1.50% Prod. FeNi MARABA Rio Novo POWER TRANSMISSION LINES (500-1000 KV) Onca Puma Vale 83Mt 1.70% Prod. FeNi Niquelandia Votorantim 60Mt 1.40% Prod. FeNi Maranhao State Serra do Tapa - Ni Sossego Cuo Vale dos Sonhos - Ni Vermelho Ni Onca Puma ARAGUAINA ARAGUAIA PROJECT 0 100 200 Quatipuru Tocantins State kilometres Developing the next major nickel project in Brazil Araguaia Horizonte Indicated 39.3 Mt 1.39% Inferred 60.9 Mt 1.22% Potential FeNi 24Mt of the resource is high grade at >1.6 Ni (at a 1.2% Ni cut-off) AIM: HZM TSX: HZM 6

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