Nevado Resources Corporation

Nevado Resources Corporation

February 19, 2015 07:00 ET

NEVADO Retains the Services of Dr. Luisa Moreno as Technical Advisor for its La Blache Titanium-Vanadium-Iron Project

MONTREAL, QUEBEC--(Marketwired - Feb. 19, 2015) - NEVADO RESOURCES CORPORATION (TSX VENTURE:VDO)(FRANKFURT:NSV) ("Nevado" or the "Corporation") is pleased to announce that it has retained the services of Dr. Luisa Moreno as Technical Advisor for its La Blache titanium-vanadium-iron project.

Dr. Luisa Moreno, Ph.D., has over 10 years of experience in technical and economic research, with unparalleled expertise in strategic minerals and related processes. Dr. Moreno is currently Co-founder and Managing Partner at Tahuti Global. Prior to this, she spent 7 years as a Financial and Senior Equity Analyst at Canadian Financial Research and Investment Banking firms, including 4 years covering the specialized field of industrial minerals within the metals and mining sector of these firms. Dr. Moreno possesses strong insight into materials processing and metallurgy of industrial and precious metals and an astute understanding of supply and demand dynamics. She has published a number of advanced technical reports on key strategic materials, and is a sought after consultant to numerous mining and processing companies and industrial end-users. Dr. Moreno is a frequent guest speaker on television and at international conferences, and is often quoted in national and international media and newspapers. Dr. Moreno is a Physics Engineer with a Ph.D. in Materials Science and Mechanics from Imperial College London, in the United Kingdom.

Michael Curtis, President and CEO of Nevado, said: "This is a major announcement for Nevado, as Dr. Moreno is a renowned expert in this field. Having Dr. Moreno as a technical advisor is also a testament to Neomet's technology capabilities, and should increase Nevado's visibility within the financial, scientific and end-user communities. Her mandate with Nevado will include technical advisory and development of business strategies as Nevado advances its financing efforts, which will enable us to achieve our goal of developing our La Blache titanium-vanadium-iron property by using Neomet's advanced processing technology."

JV with Neomet Technologies

On January 20, 2015, Nevado announced the signing of a 70%-30% joint venture agreement with Neomet Technologies. The JV will combine Nevado's La Blache titanium-vanadium-iron property with Neomet's processing technology, making Nevado a more integrated mining company. The JV has an exclusive licence to use Neomet's patent-pending acid regeneration technology and leaching process for the TiO2 market covering Quebec, Ontario, Newfoundland and Labrador, as well as other regions of North America as may be agreed by the JV parties.

About Nevado Resources

Nevado Resources is a junior strategic metals company with properties located in Canada. The Corporation owns a 100% interest in the La Blache titanium-vanadium-iron property in Northern Quebec, the Fermont graphite property near Focus Graphite's Lac Knife property, and the Bozema and Steel River zinc-copper-silver-gold properties in Ontario's Schreiber-Hemlo camp.

About Neomet Technologies

Neomet Technologies is a private company that develops, owns and markets specialized and proven high-performance proprietary metal processes and technologies. The company owns a comprehensive portfolio of process and industrial design patents, and revolutionary eco-friendly economical commercially sustainable systems for recovering high-grade value metals from crushed ore to compound concentrates and refractory difficult to treat ore deposits.

Twitter: @nevado_vdo

Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. The statements made in this news release that are not historical facts are "forward-looking statements" and readers are cautioned that any such statements are not guarantees of future performance, and that actual developments or results, may vary materially from those in these "forward-looking" statements.

Contact Information

  • Michael Curtis
    President and Chief Executive Officer
    (514) 303-7895

    Francois Kalos
    SOLAK Communications
    (514) 817-9987

    Louis Morin
    The Ask Marketing Services Inc
    (514) 845-1101