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Largo Resources Receives Installation License/Construction License for Its Maracas Vanadium Project, Bahia, Brazil
Oct. 25, 2011 09:38AM PST
Company NewsLargo Resources Ltd. (TSXV:LGO) is pleased to announce that The Environmental and Water Resources Agency of the State of Bahia (“INEMA”), has granted the final Installation License (the “Construction License” or “LI”) to Largo’s subsidiary, Vanádio de Maracás S.A.
The Construction License, which also incorporates a license for site preparation involving the removal of trees and vegetation (Autorização de Supressão de Vegetação (ASV)) allows Largo to commence the installation and development of a facility that will produce 5,000 tonnes of Vanadium per annum at its Maracás Vanadium Project located in the municipality of Maracás, Bahia, Brazil. The Construction License provides permits for the following: deposition of tailings ponds, waste dumps, access to necessary land, construction of a water pipeline and other key infrastructure requirements for the operation.
Click here to read the entire Largo Resources (TSXV:LGO) press release.
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