Arequipa, Peru, 9-13-2013
Gold Horizons Mining (GHM) a BVI corporation (ticker: GHMG on GXG markets) is pleased to announce the Yuromayo Processing Plant will begin processing its first mineral starting next week, the 16th of September 2013. CEO and President, Scott Francis explains,“This past week, we have been transporting mineral from the Gloria mine to the plant in anticipation of starting the plant in the coming days. It has been 10 months since we began building this plant, ten long months, and I am pleased to see G.H.M will now be a commercially producing gold mine. Not only will we start processing the mineral from our Gloria Mine which we have been mining this past year, but we will also begin processing mineral from the surrounding local mines, thereby providing the company with a second independent revenue stream.”
G.H.M has secured numerous letters of intent from local miners to process their mineral. We are confident our plant will be operating at full capacity within 30 to 90 days and believe we will need to increase the capacity from the current 50 tons per day to 100 tons per day in a matter of months. Anticipating this, we have construction plans already in place to meet this demand. With the addition of a conical crusher, an agitation tank, and a larger ball mill we will meet this new demand. Our long term plans for the plant is to have it processing up to 300 tons per day.
Peru Operations: +51 988 988 003
Investor relations: 1 940 604 6397
FAX: 1 702 920 7611
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", "believe" or "confident". 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.