Symbol: LGO (TSX.V)
www.largoresources.com
TORONTO, March 18, 2014 /CNW/ - Largo Resources Ltd. ("Largo" or the "Company") is pleased to announce that commissioning of the kiln is currently
underway at the Maracas Vanadium Project (the "Project").
All systems at the Project are expected to be mechanically complete and
in commissioning by the end of Q1, 2014.
Mike Mutchler, Chief Operating Officer to Largo, stated: "We are
extremely pleased to today announce that the commissioning of the kiln
is now underway." He continued: "The commissioning of the kiln is a
major milestone in the Project's development and signals a shift from
the construction stage to the commissioning stage."
About Largo
Largo is a growing strategic mineral company with projects in Brazil and
Canada. The immediate goal of the Company is to complete the
development of its Maracás Vanadium Project which is expected in the
first quarter of 2014. Largo also has interests in a portfolio of other
projects, including: a 100% interest in the Currais Novos Tungsten
Tailings Project in Brazil, which the Company continues to develop; a
100% interest in the Campo Alegre de Lourdes Iron-Vanadium Project in
Brazil; and a 100% interest in the Northern Dancer Tungsten-Molybdenum
property in the Yukon Territory, Canada.
Largo is listed on the TSX Venture Exchange under the symbol "LGO".
Mr. Michael Mutchler, Chief Operating Officer to Largo and a Qualified
Person under National Instrument 43-101, has reviewed and approved the
contents of this press release.
For more information please refer to Largo's website: www.largoresources.com
Join our mailing list to receive regular photo updates of our progress: www.largoresources.com/English/about-us/contact/default.aspx
Disclaimer
This press release contains forward-looking information under Canadian
securities legislation. forward-looking information includes, but is
not limited to, statements with respect to completion of the private
placement, Largo's development potential and timetable of the Maracás
and Northern Dancer projects; Largo's ability to raise additional funds
necessary; the future price of tungsten and molybdenum; the estimation
of mineral reserves and mineral resources; conclusions of economic
evaluation; the realization of mineral reserve estimates; the timing
and amount of estimated future production, development and exploration;
costs of future activities; capital and operating expenditures; success
of exploration activities; mining or processing issues; currency
exchange rates; government regulation of mining operations; and
environmental risks. Generally, forward-looking statements can be
identified by the use of forward-looking terminology such as "plans",
"expects" or "does not expect", "is expected", "budget", "scheduled",
"estimates", "forecasts", "intends", "anticipates" or "does not
anticipate", or "believes", or variations of such words and phrases or
statements that certain actions, events or results "may", "could",
"would", "might" or "will be taken", "occur" or "be achieved".
Forward-looking statements are based on the opinions and estimates of
management as of the date such statements are made. Forward-looking
statements are subject to known and unknown risks, uncertainties and
other factors that may cause the actual results, level of activity,
performance or achievements of the Largo to be materially different
from those expressed or implied by such forward-looking statements,
including but not limited to those risks described in the annual
information form of Largo and in its public documents filed on SEDAR
from time to time. Although management of Largo has attempted to
identify important factors that could cause actual results to differ
materially from those contained in forward-looking statements, there
may be other factors that cause results not to be as anticipated,
estimated or intended. There can be no assurance that such statements
will prove to be accurate, as actual results and future events could
differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on forward-looking
statements. Largo does not undertake to update any forward-looking
statements, except in accordance with applicable securities laws.
Readers should also review the risks and uncertainties sections of
Largo's annual and interim MD&As.
Continue to Follow, Like and Watch our progress!
Web: www.largoresources.com
Twitter: @LargoResources1
Facebook: Largo Resources
Youtube: LargoResources
NEITHER THE TSX VENTURE EXCHANGE (NOR ITS REGULATORY SERVICE PROVIDER)
ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE
SOURCE Largo Resources Ltd.
