- Horizonte Minerals has been awarded three new mineral exploration concession areas, which increase its land position to a total of 132,278 hectares.

The new areas are adjacent to the company's recently acquired Glencore Araguaia project forming part of Horizonte's 100% owned Araguaia nickel project which is being developed as the next major nickel project in Brazil.

Horizonte says initial exploration work indicates the areas contain ultramafic intrusion of a similar type and structural setting to those hosting the high grade resource at the Vale dos Sonhos deposit.

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