NEVADO RESOURCES CORPORATION (TSX VENTURE:VDO)(FRANKFURT:NSV) (the "Corporation"
or "NEVADO") is pleased to announce the signing of an agreement with Neomet
Technologies Inc. ("NEOMET") to adapt the patented NEOMET Process for extraction
of all valuable metals from NEVADO's wholly owned La Blache
Iron-Titanium-Vanadium Project near Baie-Comeau, Quebec. 


Preliminary metallurgical testing of the NEVADO oxides mineralization by NEOMET
has indicated 90% recovery of Iron and 95% recovery of Vanadium from the oxide
mineralization into a final high purity product. NEOMET has demonstrated that
Titanium could be 100% recovered from the leach solution into a TiO2 (titanium
dioxide) product suitable for further processing to pigment grade TiO2. Ammonium
Metavanadate ("AMV"), the precursor to V2O5 (vanadium pentoxide), was recovered
from the leach solution at a purity of 99.9%.


The heart of the NEVADO's planned metallurgy campaign is NEOMET's unique and
patented Acid Recovery and Regeneration Process, which operates at a fraction of
the cost compared to more conventional and energy consuming technologies such as
pyrohydrolysis, especially when the latter is coupled with solvent extraction
for Iron and/or Titanium. Simultaneously, the NEOMET Process produces higher
grade hematite of greater than 99% purity (Fe2O3), which is a premium product
which is suitable for the pigment market or for processing into higher quality
steels. 


Further process optimization specific to NEVADO's oxide minerals are ongoing at
present time, with a mini-plant campaign scheduled within Q2 of this year,
followed by a one tonne per day pilot plant at NEOMET's facilities. A
Preliminary Economic Assessment will be carried out at the close of the
mini-plant campaign. 


Michael Curtis, President and CEO of NEVADO, stated: "NEVADO is proud to be
associated with NEOMET and their world class environmentally-friendly extractive
metals processes as the Corporation advances the La Blache Project towards
defining a compliant Mineral Resources with the 10,000 m diamond drilling
program at Farrell-Taylor, Hervieux East Extension and Lac La Blache West.
NEVADO expects to complete the drilling as well as the metallurgical work in Q2
setting the stage for mineral resources estimations and the Preliminary Economic
Assessment in Q3 of this year."


Dr. Bryn Harris, Ph.D., President and Chief Science Officer of NEOMET added: "We
bring into the 21st Century a suite of novel and progressive mining
technologies. NEOMET develops, owns and markets specialized and proven
high-performance proprietary metals processes and technologies. We achieve this
with a comprehensive portfolio of process and industrial design patents, and
revolutionary eco-friendly economical commercially sustainable systems for
recovering high grade value metals. Metallurgical testing to date at La Blache
shows excellent recoveries of Iron, Titanium and Vanadium from the massive
oxides mineralization. NEOMET and NEVADO will now proceed with comprehensive
test work that in my opinion should lead to similar and very positive metals
recoveries."


About Nevado Resources Corporation

NEVADO is a junior mineral exploration company trading under the symbol VDO on
the TSX Venture Exchange and under the symbol NSV on the Frankfurt Exchange.
NEVADO is primarily focused on its wholly owned La Blache Iron-Titanium-Vanadium
Project from Quebec's North Shore, near the port town of Baie-Comeau. The
Corporation is efficiently advancing the exploration program towards mineral
resources and a Preliminary Economic Assessment in Q3 of 2011. 


About Neomet Technologies Inc.

NEOMET develops, owns and markets high-performance proprietary metals processes
and technologies and owns a comprehensive portfolio of process and industrial
design patents and revolutionary, environmentally-friendly commercially
sustainable systems for recovering high grade value metals from crushed ore to
compound concentrates and refractory deposits. Please visit the NEOMET website
at http://www.neomet.com. 


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.
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