RE: RE: TARGETING 1.5 BILLION TONNE IRON ORE DEPOS
Campo Alegre de Lourdes
Metallurgical testwork is presently underway, expected to be complete bythe end of June 2011,
pending encouraging results, the company willdevelop an extensive exploration plan with the goal of targeting 1.5billion tones. The goal would be to have a NI43-101 compliant resourceestimate completed by the end of Q1 2012 in order to move forward withthe projects development.
I asked Darcie by email about the above information on Campo Alegre and this was her response:
Yes, at this point this information is fairly accurate.
We expect to receive results from metallurgical test work in the next few weeks – this will determine how we should proceed with exploration and further define what our targets and timelines and are for the project.
We will issue a detailed press release when we receive the results.
Best regards,
Darcie Ladd, H.B.A.
Largo Resources
Manager, Business Development