Update to Shareholders

Horizonte Minerals PLC
11 March 2008

        Horizonte Minerals plc / Index: AIM / Epic: HZM / Sector: Mining



11 March 2008

                      Horizonte Minerals plc ('Horizonte')

                  Quarterly Exploration Update to Shareholders



Horizonte Minerals plc, the AIM listed exploration and development company
focused on Brazil and Peru, has today sent a Quarterly Exploration Update to
shareholders, giving an overview of its current projects and summarising recent
news. An extract from the update is provided below;



'The Horizonte field teams have been making good progress over the last three
months. In Brazil the principle focus is now the Lontra Nickel Laterite project,
where we are working towards resource definition. In Peru, we have significantly
increased field activity, a 1,600m diamond drilling programme was concluded on
the El Aguila project in late December, and in the last two months, over 14
projects have been reviewed with three now under exclusive due diligence.



The Company is set for growth in 2008, with three intermediate stage projects
being worked towards resource definition, a generative programme of pipeline
projects and a healthy cash position of £2.2 million to fund exploration. In
addition we have a solid and expanding economic management team and new
corporate presence in London. When you benchmark our current market
capitalisation against peer group companies operating in the region we believe
Horizonte represents a value story.'



The Exploration Update is available on Horizonte's website
www.horizonteminerals.com.



                                  * * ENDS * *



For further information visit www.horizonteminerals.com or contact:

Jeremy Martin/David Hall       Horizonte Minerals plc         Tel: [phone]
Jeremy Porter/Laura Littley    Fairfax I.S. PLC               Tel: [phone]
Hugo de Salis                  St Brides Media & Finance Ltd  Tel: [phone]


Notes to Editors:

Horizonte Minerals plc is an AIM listed exploration and development company with
an extensive portfolio of gold, nickel, silver, lead and zinc projects in
producing mineral districts in Brazil and Peru.  It has three primary projects
working towards a resource definition including the 22,556 hectare Lontra nickel
project situated in the Araguaia mobile belt, which flanks the eastern margin of
the Carajas Mineral Province of northern Brazil, the silver-zinc-lead project El
Aguilia in Peru, located in the historic mining district of Cerro de Pasco and
the 300 sq km Falcao gold project located near the Lontra project. In addition
it has a generative pipeline of early stage projects in development.



The Company is focused on generating and rapidly advancing exploration projects
before joint venturing them with a major mining company to further develop the
projects and provide mid-term cash flow, which can be fed back into the business
and its other projects.  This model was proven in December 2007 when Horizonte
signed an option agreement with Troy Resources (ASX:TRY), to operate and develop
its Brazilian Tangara gold project by expending a total US$2.8 million on
exploration and development as well as a royalty payment on production.






                      This information is provided by RNS
            The company news service from the London Stock Exchange