Toronto, Ontario-(market wire)--05/01/11-Largo resources Ltd. (TSX Venture: LGO) ("Largo" or "company") is pleased to announce it has received an initial positive results ????????? for Iron-Titanium project, its Project Campo Alegre de Lourdes his Brazil, Bahia.
Main points of ????????? preliminary test results include:
?????????-test results indicate massive magnetite iron ore can produce of magnetite at high yield. -A test produced even high-end concentrate--ilmenite, potentially ilmenite in magnetite produced massive Alegre Campo can be used for the manufacture of TiO2 slag smelting the slag and ilmenite to produce pig iron TiO2 that is well-established process currently in use in South Africa, Canada-Slag Titanium is the raw material market and sells the preferred producer pigment for now from US $ 1,500 per ton.Mark Brennan, CEO of Largo resources stated "based on these initial encouraging results, Largo continues to focus its work on the test ????????? to optimize even more magnetic separation processes in the hope that further enhance ??????? of massive magnetite, oxidized materials materials in project Alegre Campo".
Similarly, Largo diamond drill program on the purpose of identifying minerals resources for two massive magnetite oxidized materials vthmoct and complete an independent resource estimate independent 43-101 compliant. The resources will come from a number of high priority goals that stretch 13 km along strike by wide of 2.5 km and from North to South the Morro Branco, Lazan, Branca Testa Moreau, Moreau, Moreau Redondo velho Chico, Moreau de Carlota, Morro do Tuiuiu, Morro do early and Moro Anfilofio. These areas have been tested previously target nine by CBPM, there is potential for iron resources-titanium high grade (see Figure 1 in the bottom of the release).
Results Overview: ?????????
Magnetite concentrate:
With low-intensity magnetic wet separator on particle size of 1600 Gauss 80% passes 180 microns, produced samples from massive magnetite deposit of Campo Alegre de Lourdes high-quality and low on impurity with mass yield of 36.0%. Concentrate on analysis indicated below:
-------------------------------------------------------- Fe P Si Al TiO2 V2O5 LOI FeO-------------------------------------------------------- 59.8% 0.006% 0.5% 0.4% 12.7% 0.8% -2.4% 26.7%--------------------------------------------------------Ilmenite concentrate:
The magnetic mmgnti of Gauss-1600 produced of ilmenite concentrate with very high grades of titanium and low levels of contaminants between 1600 and 6400 Gauss mass yield of 17.1% mldogma the original ore. These grades, received without the cleaning phase two, which improve concentrate grade is added. This focus on quality can lead to the use of producing synthetic rutile TiO2 slag on the market. Concentrate on analysis indicated below:
-------------------------------------------------------- Fe P Si Al TiO2 V2O5 LOI FeO-------------------------------------------------------- 37.7% 0.008% 1.0% 0.8% 42.1% 0.3% -2.1% 18.7%--------------------------------------------------------Oxidized materials materials:
The initial test of samples oxidized materials excellent potential ore producing concentrate magnetic on 1600 Gauss, with mass yield of 26.4%. Indications were that the increased yield can be achieved with higher magnetic strength than consisting. Later in the test you will need to provide a firm estimate. Concentrate on analysis indicated below:
-------------------------------------------------------- Fe P Si Al TiO2 V2O5 LOI FeO-------------------------------------------------------- 57.4% 0.026% 0.4% 0.4% 15.0% 0.8% 0.5% 18.2%--------------------------------------------------------????????? inspection processes:
Samples from drill cores from Lourdes de Campo Alegre, representing the massive material, oxidized materials submitted laboratory Fundacao Gorceix located Preto, State of Minas Gerais, Brazil appreciated. The processes used by the test program were established by the technical team of Largo to determine if the important components of the ore was separated using magnetic separator of the magnetic field strength varies.
Samples of ore were to reduce the size to give products a separate ????? of 80% passes 180 microns and 80% moving microns 66 using a field strength of 800, 1600, 3200, 6400 12800 Gauss. Were any varying size fractions of ore samples were first detailed 800 g wet magnetic separation, fraction without magnetics collected magnetic separation on a given followed 1600G, was similarly based on phase separation 12800G. Examples of magnetics field varying strengths, and final stage from material discarded 12800G then were collected and analyzed.
Quality control
Mr. Tim Mann, p. Eng, Chief Operating Officer for resources Largo, is a qualified person as defined under national instrument 43-101 is responsible for the scientific work on the program.
About Largo
Largo is a Canadian-based mineral resource exploration and development company focused on creating a world leading company strategic metals. The company currently holds a 90% interest in the project vanadium maracas, a 100% interest in the project automatically Currais tungsten Tailing, a 100% interest in Campo Alegre de Lourdes Iron-Titanium project, all 100% in Brazil and tungsten-molybdenum located Northern Dancer Yukon, Canada. The immediate goal of the company is to develop a project vanadium maracas by 2013 in the first quarter to start production of WO3 concentrate of ??????? tungsten tailings from Currais automatically in July 2011.
Largo listed on TSX Venture Exchange under the symbol "LGO".
For more information please see the Web site of the Largo: www.largoresources.com
Cautionary statement on information look forward
This press release contains "the future of information ' within the meaning of applicable Canadian securities legislation. The future of information including, without limitation, statements regarding future exploration work and analysis; Check the results of the ability to produce future regulatory and approvals, permits. In General, you can identify the future for information about using the future terms such as "plans", "expects" or "expects", "unexpected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "anticipate", or "believe" or variations of words, phrases or state that actions, events or results "may", and some such as "was", "was", "may" or "will", "Awakening" or "available". Future information is subject to known and unknown risks, uncertainties and other factors that could cause actual results, level of activity, performance or achievements of the company to differ materially from those expressed or implied by such information as to the future, including risks inherent in mining industry and risk public exposure of the company described, which is available under the company profile on SEDAR www.sedar.com. Although the company attempted to identify important factors that could cause actual results to vary materially from those contained in the information for the future, there may be other factors that may cause unintended consequences be of, estimated or intended. There is no guarantee that such information would prove to be accurate, actual results and future events could materially from those anticipated in such statements. Accordingly, readers should be placed more reliance on the information for the future. The company does not undertake to update information for the future, except in accordance with applicable securities laws.
To view the accompanying figure 1, visit the following link: http://media3.marketwire.com/docs/LargoFigure1.pdf
No EXCHANGE TSX Venture (rather than regulatory services provider) accepts responsibility for adjustment or accuracy of this release.
Contacts: Largo resources Ltd., Darcie LaddManager business Development416-861-5938dladd@largoresources.comwww.largoresources.comSource: Largo resources Ltd.
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