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Largo Resources Ltd.

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Summary

Project:

Maracas Menchen Mine

Deposit:Campbell
Location:Brazil
Commodities:Vanadium
Date:10/26/2017
Report Code:NI43-101
Report Type:Feasibility Study
Project Stage:Active Mining & Production
Report details:26-10-2017: Largo Resources Ltd. announces a Feasibility Study report for its Campbell deposit at the Maracas Menchen Mine project. LOM study results incl. post-tax NPV (8%) of US$542M. TORONTO, ON – October 26, 2017- Largo Resources Ltd. (“Largo” or the
Resources:(Reserve, P+P): 19.010Mt @ 1.13% V2O5 at Campbell Pit
CP/QP:[Overall Report]: Porfirio Cabaleiro Rodriguez (GE21 Consultoria Mineral)
ABSTRACT:TORONTO, ON – October 26, 2017- Largo Resources Ltd. (“Largo” or the “Company”) (TSX: LGO) (OTCQB: LGORF) is pleased to announce the results of an independent National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) Technical Report (the “Technical Report”), containing a Life of Mine Plan ("LOMP") for its Maracás Menchen vanadium mine in Bahia, Brazil (the “Maracás Menchen Mine”), a Feasibility Study (the “FS”) for Campbell Pit at the Maracás Menchen Mine and, a Preliminary Economic Assessment (the “PEA”) for Gulçari A Norte, Gulçari B, Novo Amparo, Novo Amparo Norte, Campbell in pit resources and São José satellite deposits at the Maracás Menchen Mine (the “Satellite Deposits”). Largo retained GE21 Consultoria Mineral Ltda. (“GE21”) to prepare the Technical Report and it will be filed on SEDAR within the required 45-day period.

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