Investor Presentaiton

HORIZONTE MINERALS Why Brazil? ☐ Brazilian mineral production has the potential to reach a value of US$35 billion in 2010 ☐ Brazil is the leader in the seaborne iron ore trade ☐ Third largest bauxite producer ☐ Significant producer of manganese, nickel, copper, gold and phosphate ☐ Excellent record of recent nickel, iron ore and copper discoveries Large areas of the country are largely under explored – upside potential ORDEM E PROGRESSO 5

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