NEVADO Issues an Update on Ongoing Testing of a 200-kg La Blache Sample
March 04 2014 - 7:30AM
Marketwired
NEVADO Issues an Update on Ongoing Testing of a 200-kg La Blache
Sample
MONTREAL, QUEBEC--(Marketwired - Mar 4, 2014) - NEVADO RESOURCES
CORPORATION (TSX-VENTURE:VDO)(FRANKFURT:NSV) ("NEVADO" or the
"Company") is pleased to announce that tests on the 200-kg
titanium-vanadium-iron sample from the La Blache deposit are
progressing well at the facilities of Kunming Metallurgical
Research Institute of China Yunnan Metallurgical Group Co., Ltd.
("Kunming China"). Kunming China has informed the Company that the
report on the Bench-Scale Mineral Processing Study of the La Blache
sample should be ready in the next few weeks.
The main goal of the preliminary study is to establish the
process that will enable NEVADO to economically recover the
titanium, vanadium and iron minerals from its La Blache deposit.
Kunming China has its own proprietary process and is currently
conducting tests to optimize the recovery of these metals from the
La Blache deposit.
On May 14, 2012, NEVADO received a NI 43-101 Technical Report on
Resources Estimation of the La Blache project using a base case
cut-off grade of 5.1% TiO2 Equivalent, the resources for the La
Blache deposit totals 101,700,000 tonnes grading 18% TiO2, 0.33%
V2O5 and 59.7% Fe2O3 (41.76% FeT) in the Inferred category.
Michael Curtis, President and Chief Executive Officer of NEVADO,
said that: "We are looking forward to receiving Kunming China's
report. With positive results, NEVADO will be that much closer to
its goal of recovering the titanium, vanadium and iron
economically. Positive results could also spur project development.
As we have said before, Kunming China is a leader in this sector,
with over 60 years of experience in the treatment and recovery of
these types of minerals."
About Nevado Resources Corporation
NEVADO is a junior strategic metals company with properties in
Northern Quebec. The Company is currently focused on advancing its
world-class La Blache titanium-vanadium-iron project. NEVADO also
owns the Fermont project, a graphite property adjacent to Focus
Graphite's Lac Knife deposit.
This news release was reviewed and approved by Michael Curtis,
President and Chief Executive Officer of NEVADO.
Neither the TSX Venture Exchange nor its regulation services
provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this news release. The statements made in this news
release that are not historical facts are "forward-looking
statements" and readers are cautioned that any such statements are
not guarantees of future performance, and that actual developments
or results, may vary materially from those in these
"forward-looking" statements.
Michael CurtisPresident and Chief Executive Officer(514)
303-7895www.nevadoresources.comFrancois KalosSOLAK
Communications(514) 817-9987fkalos@gmail.com
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