Permit Provides Final Approval for the Construction of Processing Facility
TORONTO, ONTARIO -- (Marketwire) -- 10/24/11 -- Largo Resources Ltd. (TSX VENTURE: LGO) ('Largo' or the 'Company') 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, Vanadio de Maracas S.A. The receipt of the LI marks the final governmental approval that was required in order to begin construction at the Maracas project.
VANCOUVER, Oct. 21, 2011 /CNW/ - The following issues have been halted by Investment Industry Regulatory Organization of Canada (IIROC): Issuer Name: Largo Resources Ltd. TSX-V Ticker Symbol: LGO Time of Halt: 8:00 AM ET Reason for Halt: Request of Company Pending News Investment Industry Regulatory Organization of Canada (IIROC)
-Intersected 8 Metres Grading 1.02% V2O5 Including 3.5 Metres Grading 1.21% V2O5 on the Gulcari 'A' North Zone-Intersected 9 Metres Grading 1.08% V2O5 Including 6 Metres Grading 1.25% V2O5 on the Sao Jose West Zone
- Four Additional Tungsten Projects Secured in the Region Totalling 4,595 Hectares- Exploration Programs Have Begun at Acaua, Cafuca and Galo- Underground Sampling at Acaua Has Returned 2.71% WO3 Over 2.0 Metres in Initial Sampling