NEVADO to Re-Assay All Drill Core Samples From its Winter 2011 Drilling Campaign

Nevado Resources (TSXV:VDO,FRA:NSV) reports there may be more vanadium in assay results on drill cores from mineralization at the La Blache iron-titanium-vanadium project.

The market news is quoted as saying,

The QA/QC work conducted on hole FT-10-09 revealed individual and interval assay grades almost four times higher than reported by NEVADO. A 27.6 metre interval from drill hole FT-10-09 (Azimuth 360, Dip -55 and Length 359 metres) had originally yielded 0.10% V₂O₅ (using the ME-MS81 preparation and assay method), whereas control testing using a different sample preparation protocol and assay method (using the ME-MS61 preparation and assay method as more fully described hereafter) found 0.37% V₂O₅ in the same interval.

Nevado’s President and CEO, Michael Curtis says,

NEVADO will ensure that all future Vanadium assay grades are an accurate representation of the metal content in the oxide mineralization at La Blache. At this point, NEVADO is satisfied that the current Iron and Titanium assay grades do reflect the metal content of the oxide mineralization based on the historical assay grades in the La Blache sector.

For the complete press release, click here.