BEIJING (Asian Metal) 12 Jun 19 – On June 11, Canadian-based Largo Resources Ltd. announced an update on the Novo Amparo Norte deposit in Maracas, Brazil.

The updated resource estimate for the Novo Amparo Norte deposit is as follows:

(1) Total Measured and Indicated Mineral Resources of 12.23 million tonnes grading 0.88% V2O5 with magnetic concentrate grades of 2.41% V2O5;

(2) Inferred Mineral Resources of 11.33 million tonnes grading 0.90% V2O5 with magnetic concentrate grades of 2.46% V2O5.

The updated resource estimate is based on approximately 12,912m of diamond drilling over 88 holes and 5,549 sample intervals across the deposit.

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