Horizonte Minerals PLC's (LON:HZM) Jeremy Martin speaks to Proactive London's Andrew Scott soon after releasing the findings of a successful pre-feasibility study on its Vermelho project.
The PFS confirms a 'large, high-grade resource, with a long life and low-cost source of nickel sulphate for the battery industry.'
Martin also discusses the completion today of a US$25mln royalty transaction with Orion Mine Finance and the drawing down of the funds.
The cash will help fund the pre-construction work at its nickel plant at Araguaia in Brazil.