Investor Presentaiton
HORIZONTE
MINERALS
NI 43-101 Resource
Horizonte Inferred and Indicated Mineral Resource at a 0.95% Ni Cut-off
Category
Material Tonnage
type
Nickel
Ni
Co
Fe
MgO
SiO2
Al2O3
Cr₂O3
(Mt)
(Kt)
%
%
%
%
%
%
%
Limonite
7.8
96
1.22
0.118
35.54
4.11
19.04
9.88
0.49
Transition
13.3
205
1.54
0.062
18.83
12.39
40.72
5.53
0.66
Indicated
Saprolite
18.1
246
1.36
0.035
12.19
22.24
42.18
4.11
0.63
Sub-Total
39.3
548
1.39
0.061
19.10
15.28
37.07
5.74
0.61
Limonite
13.5
154
1.14
0.105
34.61
3.81
22.76
8.77
0.94
Transition
21.3
279
1.31
0.053
19.31
12.67
40.80
5.15
0.58
Inferred
Saprolite
26.2
312
1.19
0.036
12.57
23.30 41.95
3.51
0.20
Sub-total
60.9
744
1.22
0.058
19.81
15.27
37.30
5.25
0.50
"Resource is Transition and Saprolite dominated making it suitable for ferronickel"
Developing the next major nickel project in Brazil
AIM: HZM TSX: HZM
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