Horizonte Minerals gets positive results from latest test work at Lontra project
26 November 2009
Horizonte Minerals, the AIM quoted exploration group with operations in Brazil and Peru, has reported positive metallurgical results from the laterite nickel discovery at its Lontra project in the Carajas Mineral Province of Northern Brazil.
Test work has indicated that the discovery is suitable for low cost heap leach processing, with significant nickel and cobalt recovery in the limonite zone. In addition, nickel recovery averaged 92% and cobalt 82% in the transition and silicate zones.
Horizonte is now planning a drilling programme for the first quarter of 2010 that will aim to define a JORC-code compliant resource.
Horizonte’s chief executive, Jeremy Martin, said: “These results indicate that the mineralogy of the Lontra deposit is amenable to tank or heap leaching at atmospheric pressure, with very good recoveries being obtained from the transition and silicate zones of mineralisation. Either of these technologies can be implemented at relatively low capital cost when compared to a pyrometallurgical route.”
Mr Martin said the results justified advancing the project to a resource definition drilling programme on the Northern and Raimundo targets initially tested in the first phase programme, as well as exploration drilling on the targets in the south and un-tested targets in the north.
|
Relevant Companies
For more company information click below:
Headlines
31 August 2010
30 August 2010
27 August 2010
20 August 2010
18 August 2010
13 August 2010
09 August 2010
06 August 2010
30 July 2010
29 July 2010
28 July 2010
27 July 2010
26 July 2010
23 July 2010
23 July 2010
22 July 2010
21 July 2010
19 July 2010
16 July 2010
12 July 2010
09 July 2010
08 July 2010
07 July 2010
06 July 2010
05 July 2010
02 July 2010
06 May 2010
13 April 2010
24 March 2010
23 March 2010
23 March 2010
23 March 2010
23 March 2010
23 March 2010
23 March 2010
23 March 2010
23 March 2010
22 March 2010
22 March 2010
22 March 2010
22 March 2010
22 March 2010
22 March 2010
22 March 2010
22 March 2010
22 March 2010
22 March 2010
22 March 2010
19 March 2010
19 March 2010
» See all News
Features
31 August 2010
28 July 2010
23 July 2010
13 April 2010
24 March 2010
22 March 2010
19 March 2010
19 March 2010
18 March 2010
16 March 2010
15 March 2010
12 March 2010
11 March 2010
08 March 2010
05 March 2010
05 March 2010
» See all Features
Round-Ups
27 August 2010
20 August 2010
13 August 2010
06 August 2010
30 July 2010
23 July 2010
16 July 2010
09 July 2010
02 July 2010
19 March 2010
19 March 2010
12 March 2010
12 March 2010
05 March 2010
05 March 2010
28 February 2010
Popular
31 August 2010
28 July 2010
27 August 2010
30 August 2010
18 August 2010
30 July 2010
04 December 2009
26 July 2010
20 August 2010
29 July 2010
23 March 2010
06 August 2010
19 March 2010
08 July 2010
27 July 2010
01 February 2010
|