lithium and rare metals - nova scotia
DESCRIPTION
On of the purist Lithium occurrences in North America. Also contains Beryllium, Rubidium and TantalumTRANSCRIPT
Lithium & Rare MetalsIn Atlantic Canada
TSX.V: PHEFrankfurt: PH0
Pink Sheets: PRZCF
TSX.V: PHE FRANKFURT: PH0 PINK SHEETS: PRZCF
www.PetroHorizonEnergy.ca
Management & Directors
Ron BourgeoisPresident & Director
J. Paul Sorbara - M.Sc., P.GeoChairman & Director
Richard GranholmDirector
Chris WensleyDirector
Patrick Forseille P.Geo.
Corporate Secretary
Corporate Office
Petro Horizon Energy Corp.
Suite 1710 - 1040West Georgia Street Box 83Vancouver, BC, Canada V6E 4H1 Telephone: 604-488-3900
Fax: 604-488-3910Email: [email protected]
Investor Relations
John CurleEmail: [email protected]
604.488.3900
TSX.V: PHE FRANKFURT: PH0 PINK SHEETS: PRZCF
www.PetroHorizonEnergy.ca
Shares Outstanding: 10,588,566
52 Week Rang:
Average daily Vol
Low 0.0650 High 0.48
150,000
Market Capitalization:
Management holdings
$4.0 million
30 %
Incorporation:Province of British
Columbia
Legal Counsel:Tupper Johnsson
& Yeadon
Cash On Hand: $150,000
Fully Diluted Cash Position:
$1.2 Million
Capital Structure: PHE Stock Chart to April 2010
METAL PRICESLITHIUM
Approximately
$6,000 us Per Tonne
BERYLLIUM
Approximately
$1,000 us Per KG
RUBIDIUM
Approximately
$10,000 us Per KG
TANTALUM
Approximately
$110 us Per KG
COSMETIC GRADE MICA
Market Cap
4.0 Million
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Brazil Lake Property - Nova Scotia Canada
Drill results to date have identified two lithium and rare earth metal
bearing pegmatite dikes that appear at surface and are up to 20
meters wide and having exposed lengths up to 300 meters long. The
deepest drill hole intersected the dikes at 50 meters depth.
Both pegmatites remain open at depth and future drilling will extend
the depth of the dikes to 100 or 150 meters and determine if metal
grades increase with depth.
Three other potential pegmatites have been indicated through
geochemical surveys. Further geochem surveys, exploration and
subsequent drilling are planned to define other pegmatite dikes on the
property indicated by pegmatite float fields.
Recent Articles can be found at:
www.LithiumNotes.comClick “Featured Companies”
Discovering Developing and Exploringfor Lithium & Rare Metals
Recent Company News:
March 17, 2010 Petro Horizon Initiates a 43-101 Reporton its Lithium, Rare Metals Project
March 2, 2010Brazil Lake Lithium and Rare Metals Project Rubidium (“Rb”) Beryllium and Tantalum and drill results. Core results feature 2,625ppm Rb over 4.2 meters
February 10, 2010 Brazil Lake Lithium and Rare Metals Project (One of the Highest Grade Lithium Deposits in North America)
By Carla AllenTHE VANGUARD A Vancouver-based exploration and development company is partnering with Nova Scotia’s Champlain Mineral Ventures Ltd. to develop one of the highest-grade lithium deposits in North America.
By BRUCE ERSKINEIncreasing demand for electric and hybrid vehicles is sparking interest in lithium mining in Nova Scotia. "Lithium is the fastest-growing sector in the battery business," said Chris Anderson, a spokesman for Petro Horizon Energy Corp.
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Brazil Lake Property Location
Brazil Lake
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Brazil Lake Property
• Original Staked claims (in yellow) at Brazil Lake have been held for ten years
• Over $1,000,000.00 spent to date
• Road access on either side and crossing the property
• Power to the property
• Safe Political Environment
•Area in blue outlines proposed ground to be acquired 79 Current + 134 new = 211 claims
Originally
Staked Claims
Scale 1: 50,000Each square on the
grid on the claim map
= 1 sq. mile
=
Approx 7 miles north to south and
2 miles east to west = >13 sq miles
. 16 claims per sq. mile = 13.2 sq. miles
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Pegmatities formed within an active shear zone environment
Brazil Lake Pegmatite Formations
Distal Pegmatites
Ms granite
Bt-Ms granite
Bt granite
Pegmatitic granite
Li,Cs,Be,Ta,Nb
Li,Be,Ta,Nb
Be,Nb,Ta
Be
Barren
Pegmatites always appear in swarms
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North Zone
South Zone
Pegmatities formed within
an active shear zone
environment
Brazil Lake Pegmatite Map
5 Pegmatites identified
2 Confirmed by 30 drill holes
25 – 50m deep
Depth confirmed visually
3 Identified with Bolder float
and Geo chem.
Belt yet to be explored
Pegmatites appear in
swarms.
Expenditures to date approx
$1,000,000
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Tantalite in Albite Zone Spodumene Megacrysts
Aplitic Albite Zones: areas
of new mica (5,000 ppm Rb;
cosmetic grade!)
Pegmatite Outcrop
K-Feldspar (Rb)
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Pegamtite Boulder Spodumene Megacrysts
"Located on north side of Holly Road"
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Property Access – Easy to ExploreBoulder Train – indicating Several
Undiscovered Pegmatites
on the Property
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Tantalite and Muscovite in Albite Zone Spodumene Megacryst
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Project Objectives2010 Work Program
•Completion of 43-101 Report
•Drill North & South Zone to depth of 150 meters
•Drill test three developed Pegamatite targets
•Prospect the belt for additional targets
Petro Horizon president,Ron Bourgeois stated
“ My initial impression is there is significant support from both the provincial government and the local mining industry in our proposed endeavor at Brazil Lake.“ Nova Scotia
Lithium & Rare Metals Project Nova Scotia Canada
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Investment Highlights
• One of the purest Lithium discoveries in North America, up to 7.7% in spodumene
• Project includes Rare Metals such as; Beryllium, Rubidium & Tantalum & Cosmetic grade mica
• Over $1,000,000 already spent by optionee including Drilling & Positive Metallurgical Studies
• 2010 Drill Program/Work Program being designed
• Prime location in Atlantic Canada, road and power access to the property 12km away from AVL Avalon Rare Metals.
• China announces auto sales have doubled for Jan 2010 to 1.66 million units and is now a net importer of Lithium
• Lithium to become strategic metal in the USA Lithium Powered Smart Cars
Lithium Batteries = 35% of Market
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Thank you for your interest and participation in:
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Forward-looking statements relate to future events or future performance and reflect Petro Horizon’s management's expectations or beliefs
regarding future events and include, but are not limited to, statements with respect completion of the private placement and related matters. In
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phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the
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and other factors which may cause the actual results, performance or achievements of Petro Horizon to be materially different from any future
results, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, risks related to
actual results of current exploration activities; changes in project parameters as plans continue to be refined; future prices of resources; possible
variations in ore reserves, grade or recovery rates; accidents, labour disputes and other risks of the mining industry; delays in obtaining
governmental approvals or financing or in the completion of development or construction activities; as well as those factors detailed from time to
time in Petro Horizon's interim and annual financial statements and management's discussion and analysis of those statements, all of which are
filed and available for review on SEDAR at www.sedar.com. Although Petro Horizon has attempted to identify important factors that could cause
actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause
actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to
be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not
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