Gold Horizons Mining’s assay results shine at lower depths.
We are pleased to announce the latest independent results from the recent samplings of our mineral from the shaft in the lower Blanca vein. Laboratorios Analiticos del Sur on July 13th reported 44.93 grams (MN13007809) per ton or 1.311 ounces per ton in the Blanca Pique. This sample was taken at a depth of 45 plus meters. We are encouraged and impressed with these results considering all mineral above 7 grams per ton is profitable. Our consulting engineers believe the mineral grade and the width of the vein will increase as we go further down in depth. Past assays of the mineral grade in the main tunnel above the shaft have been in the 7 to 15 gram per ton range. Past assay results of the Blanca shaft are as follows:
Grams per ton Sample Number Date
1. 23.17 g/ton (MN12011117) 9/21/12
2. 22.33 g/ton (MN13002783) 2/4/13
3. 78.37 g/ton (MN13003857) 3/8/13
4. 97.15 g/ton (MN13003858) 3/8/13
5. 26.48 g/ton (MN13006915) 5/25/13
CEO and President, Scott Francis: ”We will continue to develop the Blanca shaft especially in light of these latest results which are promising. We have started a new front at 45-meter depth and will continue to drift along this vein extracting mineral. We are also continuing the shaft deeper to start a second front. It is our hope the vein will widen and continue to return assay results of over 1 ounce per ton.”
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.
Peru operations +51988 988 003
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.