Largo more than doubles strike length at NAN vanadium deposit

Date: Dec 20, 2018

The Maracás Menchen Mine

Largo Resources (TSX: LGO; US-OTC: LGORF) drilled 24 holes totalling 4,223 metres during phase two drilling at its Novo Amparo Norte (NAN) vanadium deposit. The deposit lies 6.5 km north of Largo’s Campbell pit at its Maracas Menchen vanadium mine in Bahia State, Brazil. NAN is the northernmost zone of known mineralization at the project.

Highlights from the program’s first 20 holes include: 1.18% vanadium oxide over 13 metres from 26 metres downhole and 1.12% vanadium oxide over 14 metres from 96 metres downhole. The company expects to receive the remaining results by the end of December 2018.Largo expects to table a maiden resource at NAN in early 2019 after receiving all the assays from its latest program

When Largo drilled NAN in 2011 and 2012 it defined a 790 metre zone of mineralization, on average 18 metres wide and grading 0.87% vanadium oxide. Its latest program extended that zone north and south along strike to 1.84 km. The deposit remains open to the south and at depth.. It will drill another 25,000 metres at NAN and other regional targets in 2019.

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