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Horizonte's maiden resource for Vermelho

Horizonte Minerals (AIM: HZM/TSX:HZM) says its maiden resource for its recently-acquired Vermelho project makes it “one of the largest, highest grade undeveloped laterite nickel-cobalt resources globally”.

Staff reporter
The Vermelho project

The Vermelho project

The company agreed to acquire the advanced Brazil project from Vale SA in December for US$8 million. Vale had put Vermelho's resource at more than 1 million tonnes of contained nickel and 43,000t of...

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