Largo Investigates Potential Production of Platinum at Maracas Menchen Mine

Largo Resources Ltd. (TSXV:LGO) announced that it has started a prefeasibility study on the prospects of producing salable platinum concentrates at its Maracas Menchen mine in Bahia, Brazil.

As quoted in the press release:

The Company has conducted preliminary investigations into the potential production of platinum concentrate as a by-product. The initial findings indicate that the potential exists to produce platinum in addition to vanadium pentoxide.

The Pre-Feasibility Study is being conducted by DRA Taggart, an engineering and project management company headquartered in Johannesburg, South Africa to formally evaluate the possible production of the platinum as well as determine the prospective economics for the Project. Largo expects to announce the Report’s findings in the New Year.

Click here for the Largo Resources Ltd. (TSXV:LGO) press release.