Arequipa, Peru, May 13th, 2013 – Gold Horizons Mining (G.H.M) a B.V.I Corporation (ticker: GHMG on GXG markets). In the coming weeks G.H.M expects their new processing plant to begin processing the mineral from the Gloria Mine as well as from local surrounding mines. In anticipation of this event the Company has been introducing its processing services to surrounding local mines during which it came across a community seeking investment to develop their gold mine. Upon visiting the mine we took several assays to see if this project warranted our time and efforts to proceed with the due diligence required in order to put a deal together. On May 8th we received the results from Laboratorios Analoticos del Sur. Sample: MN13005424 reported 46.30 grams per ton. This sample came directly from the vein. Two other samples were taken from their tailings at the site. Sample: MN13006525 reported 33.72 grams per ton and MN13005426 reported 20.22 grams per ton. CEO and President, Scott Francis: “These results are very good. Whenever we come across mineral over 1 ounce per ton we get excited. Given these results we are proceeding with the due diligence which will include legal as well as more geo technical surveying of the ore deposit and more sampling along the veins in order to get a better idea of the overall potential of the mine. I am encouraged by this project given the 1 ounce plus assay results and more importantly because the community that owns the mine is seeking a partner to develop their mine. Often times the community is at odds with the project and skeptical of mining companies, in this case they want the mine and need a partner.”
Gold Horizons Mining Co. Ltd. is a start up gold and silver producer as well as an exploration company operating in Arequipa, Peru. The Company is committed to building long-term shareholder value through strategic opportunities and identification in the mineral resource sector. Gold Horizons Mining specializes in small mine development, specifically underground, narrow vein mining. The Company’s strategy has now evolved to include the processing of its own mineral which has lowered total production costs by up to 50% per ounce. The Company, in partnership with its Peruvian joint venture partner, locates, develops and operates near production ready mineral projects in Peru.
Forward Looking Statements
This press release by its very nature contains forward-looking information. Except for statements of historical fact certain information contained herein constitutes forward-looking statements which may include statements regarding production estimates and targeted production for 2013/14. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “anticipation”, “scheduled” or “believe”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information.Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in this forward-looking information there may be other factors that cause the results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on any forward-looking information or statements. The Company does not undertake to update any forward-looking information or statements except in accordance with applicable securities laws.