NEVADO Assays More Significant Grades at 63.5% Iron

Nevado Resources (TSXV:VDO) announced that they have discovered new Iron, Titanium and Vanadium.

The press release is quoted as saying:

The sixth occurrence, termed the Farrell-Taylor Occurrence (at Km 3), occurs only 3 kilometres east of the initial Hervieux East Extension Occurrence at Km 3 (in a clockwise direction) along the 45 kilometres ellipse or La Blache Ring of Iron-Titanium-Vanadium. The occurrence consists of a minimum 25 metres long and 5 metres wide magnetite-ilmenite lens. The surface grab sample yielded 63.5% Iron (expressed as Iron Oxide or Fe2O3), 18.7% Titanium (TiO2) and 0.10% Vanadium (V2O5). The grades of the magnetite-ilmenite surface channel and grab samples are comparable to the previous surface sample assays of the new occurrences at Hervieux East Extension, Hervieux North Extension, Leduc-Farrell, E. Girard and Leduc as previously announced

To access the full press release, click here.