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Thursday, January 3, 2013

Largo Resources Ltd focuses on Vanadium, Tungsten and Molybdenum - Overview

Largo Resources Ltd (Largo) is a Canadian natural resource development and exploration company. Largo is focused on developing and advancing of Vanadium and Tungsten projects in Brazil and Canada. As of December 31, 2011, Largo held 90% interest in the Maracas Vanadium Project, 100% interest in the Currais Novos Tungsten Tailing Project, 100% interest in the Campo Alegre de Lourdes Iron-Vanadium Project, all in Brazil, and 100% interest in the Northern Dancer Tungsten-Molybdenum property located in the Yukon Territory, Canada. The Maracas property is located 405 kilometers southwest of Salvador. On October 13, 2011, the Company began exploration on new project areas near its Currais Novos Tungsten project, Rio Grande De Norte, Brazil. On June 15, 2011, the Company acquired the 30% interest in the Northern Dancer tungsten-molybdenum porphyry project in Yukon, Canada. In February 2012, Largo completed 11,000-metre diamond drill program consisting of 65 holes.

Largo has a market cap of $165M with over 869.6M shares outstanding. Largo trades on the Canadian Venture Exchange as LGO and the OTCBB as LGORF and traded today at .19c per share. 

CONTACT INFORMATION

HeadquartersSuite 1101, 55 University Ave.
TORONTO, ON, Canada M5J 2H7
Phone416-861-9797
Fax416-861-8165

EXECUTIVE OFFICERS

President, Chief Executive Officer, DirectorMark Brennan
Chief Financial OfficerJohn Laurie
Chief Operating OfficerTimothy Mann
Vice President - ExplorationRobert Campbell
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