The 9,275-hectare Camp Alegre de Lourdes property is located 875 km north-northeast of Brasilia (capital of Brazil) and 650 km northwest of Salvador (capital of Bahia State) and hosts a large, potentially world class iron, titanium and vanadium deposits (Fe-Ti-V).
The property has had a significant amount of work done in the past, in particular between late 1970's to early 1980's by the state mining agency, the CBPM (Companhia Baiana de Pesquisa Mineral). Work has consisted of geochemical soil sampling, airborne geophysical survey, geological mapping, prospecting, preliminary metallurgical test work, petrographic studies and 60 holes totaling 5,257 metres of diamond drilling. .
All drill cores from the previous work have been moved to Largo's core storage facility at its Maracas Vanadium Project to complete systematic sampling and logging of the drill cores in order to confirm the Fe, TiO2 and V2O5 deposit values. Results may eventually be used to do geological modeling and a new resources estimate. It is expected that an independent consulting firm will be retained to review our modeling and resource estimate as well as review the historical resource estimate, complete independent sampling to verify previous results, and to prepare an independent NI 43-101 technical report.
Mr. Robert Campbell, Vice President of Exploration to Largo, and a Qualified Person as defined by NI 43-101 has reviewed and approved the technical information