Nevado Resources Corporation

Nevado Resources Corporation

January 20, 2011 11:22 ET

Nevado Resources Corporation: Appointment to Board of Directors

MONTREAL, QUEBEC--(Marketwire - Jan. 20, 2011) - NEVADO RESOURCES CORPORATION (TSX VENTURE:VDO)(FRANKFURT:NSV) (the « Corporation » or « Nevado ») announces the appointment of Mr. Louis Peloquin to its Board of Directors to fill a vacancy in the Board of Directors.

Mr. Peloquin is a business consultant combining several specialties, including transactional law, and has extensive international experience in management, mergers and acquisitions, corporate development, government relations and corporate finance. Mr. Peloquin has developed a solid expertise in natural resources with over ten years experience as senior executive at major mining companies in Canada and the United States. Mr. Peloquin was a member of the management committees and senior executive of one of the largest mining companies in Canada and of an international mining company based in Denver, Colorado with operations in Africa and South America. Mr. Peloquin is a member of the New York and Quebec Bars and is an Adjunct Professor at the University of Montreal Law School.

About Nevado Resources Corporation

Nevado Resources Corporation is a mineral exploration company listed under the symbol VDO on the TSX Venture Exchange and under the symbol NSV on the Frankfurt Exchange. Nevado owns 6 properties comprising 1,390 mining claims totalling 757 km2 in the Province of Quebec in two separate metallogenic environments, one in high grade iron-titanium-vanadium and one in gold.

Nevado's higher grade Iron-Titanium-Vanadium (magnetite-ilmenite) property comprises 2 claim blocks totalling 773 claims for 315 km2 situated in the La Blache Anorthositic Complex, located 145 km north of the city of Baie-Comeau and its port on the St. Lawrence Seaway. In 2011, Nevado plans to quickly advance the property to the drilling stage for NI 43-101 compliant mineral resource delineation. 

Nevado's gold assets comprise 5 properties totalling 442 km2 located 10 km south and southeast of Thetford Mines (Eastern Townships, Quebec), approximately 150 km east of Montreal.

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Contact Information

  • Nevado Resources Corporation
    Mr. Michael Curtis
    Acting President and Chief Executive Officer