LAS VEGAS, NEVADA–(Marketwired – Aug 10, 2016) – Horizon Minerals Corp., (“Horizon” or the “Company”) (OTC PINK:HZNM) is pleased to announce it has engaged Gold Exploration Management Inc. (“Gold Exploration”), a private corporation controlled by David A. Bending, M.Sc., P. Geo., providing mineral exploration project management services. Gold Exploration has been actively involved in the evaluation of Gold and Lithium exploration concessions in Nevada, California and Mexico, and will be instrumental in helping the Company to acquire potential projects. Clayton Valley, Nevada hosts the only commercial producing lithium operation in North America – Silver Peak, owned and operated by Albemarle, the world’s largest lithium producers.
According to a 2013 report on lithium brine deposits released by the United States Geological Survey (USGS), the floor of Clayton Valley has an area of about 100 km2 and a catchment of about 1,400 km2. Clayton Valley is the topographically lowest of at least five adjacent basins that are hydrologically linked by groundwater flow. In this case, it is the combined area of all five linked catchments that result in the effective area of the Clayton Valley Li-brine system much larger than the footprint of the Clayton Valley (Source: USGS Open File 13-1006, 2013).
About Horizon Minerals Corp.:
Horizon Minerals Corp. is a development stage corporation with no current operations. Horizon was incorporated under the laws of the State of Delaware on May 11, 2011, with the intent to develop an anti-theft vehicle ignition system, for which Horizon acquired certain patents and other intellectual property. On March 25, 2013, Horizon changed its name from Safe Dynamics Corp. to Horizon Minerals Corp., with the intent to enter the gold and mineral mining industry.
On behalf of the Board of Directors, Robert Fedun, President and CEO
Forward Looking Statements
Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management’s current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Horizon cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Horizon’s control. Such factors include, among other things: risks and uncertainties relating to Horizon’s business plan, Horizon’s ability to raise sufficient financing and Horizon’s limited operating history. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward looking information. Except as required under applicable securities legislation, Horizon undertakes no obligation to publicly update or revise forward-looking information. No stock exchange, securities commission or other regulatory body has reviewed nor accepts responsibility for the adequacy or accuracy of this release. Investors are advised to carefully review the reports and documents that Horizon files from time to time with the SEC, including its Annual, Quarterly and Current Reports.