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  • 8/3/2019 Nevado Resources Corporation Brings Power Strait From The Earth

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    NEVADO RESOURCES CORPORATION VDO-V

    Corporate Presentation

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    FORWARD

    LOOKINGSTAT

    EMENTS/CORPO

    RATEINFORMAT

    ION

    Forward-Looking Statements

    Certain information regarding Nevado Resources Corporation, including the assessment of future plans and operation, may constitute

    forward-looking statements under applicable securities law, and necessarily involve risks, including but not limited to risks associated with

    mineral exploration, operating costs, production costs, volatility of share prices, currency fluctuations, imprecision of resource and reserve

    estimates, environmental risks and ability to access sufficient capital from internal and external sources.

    As a consequence, actual results may differ materially from those anticipated in any forward-looking statements. Plans, intentions orexpectations disclosed in any forward-looking statements or information should not be read as guarantees of future results or events, and

    will not necessairly be accurat indications of whether or when or by which such results or events will be achieved. Except as required by

    law, the authors expressly disclaim any intention and undertakes no obligation to update any forward-looking statements or information as

    conditions change.

    Ticker TSX-V: VDO

    Shares Outstanding 47.3 million

    Options 3.8 million

    Warrants 17.9 million

    Fully Diluted Shares 69.0 million

    Share Price C$ 0.10 C$ 0.74 (52 week)

    Market Cap 14 million (@ C$ 0.30/share)

    Cash C$ 4.0 million

    Debt Nil

    Corporate Information

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    HIGHLIGHTS

    Highlights

    Canadian junior mining exploration company (TSX-V: VDO)

    Qualifying Transaction in Q4 -2009

    Focused on the exploration and development of mineral exploration projects

    Liquidity C$ 4 million in cash

    Strategic Industrial Metals in Iron, Titanium and Vanadium

    Main asset is the 832 claims / 450 km2 La Blache Iron-Titanium-Vanadium Project

    Nearing completion of 25,000 metres drill program

    16,000 metres tested the highly prospective Farrell-Taylor Occurrence

    Near term plan to deliver NI 43-101 compliant mineral resources

    Follow up to deliver a Bankable Feasibility Study in 2012

    Highlights

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    MANAGEM

    ENTANDDIRECTORS

    Management

    Michael Curtis, Director, St-Eustache, Qubec

    President and Chief Executive Officer

    Mr. Michael Curtis has over 35 years of experience in the Canadian financial industry in the areas of trading, research, corporate finance

    and the management of public companies. In 1998, he founded and became President and Director of Cardwell Capital Inc., a private

    investment and trading corporation that invests in small and mid-capitalization public companies trading in North American markets. Hewas also a director of Argex Silver Capital, MD Multimdia Inc., VVC Exploration Corporation, AAER Inc., Holding Cl dOr Inc., He has been

    President, Chief Executive Officer and Director of Roadrunner Oil and Gas Inc. (now Bowood Energy inc) and of Pershimco Resources Inc.,

    Mr. Curtis is presently a Director of eShippers Management Ltd., Cellstop Systems Inc., and Quinto Real Capital Corporation.

    Marcel Bergeron, Director, Montreal, Qubec

    Chief Financial Officer

    Marcel Bergeron is a member of the Ordre des comptables agrs du Qubec and of the Ordre des comptables en management accrdits

    du Qubec. Mr Bergeron began his career with the accounting firm Petrie Raymond, LLP specialized in the SME sector. Following almost 30

    years of practice and having held significant management positions, Mr. Bergeron left the firm to join Devimco Inc., a commercial realestate development corporation, as General Director from June 2006 to June 2009. Since 2009, Mr. Bergeron acts as financial consultant.

    In addition to his accomplished public accounting career, Mr. Bergeron also sits on the Board of Directors and Audit Committees of mining

    corporations, namely Strateco Resources Inc., Matamec Explorations Inc., the capital pool companies Kilkenny Capital Corporation and

    Quinto Real Capital Corporation, and sat on the Board of Directors and Audit Committees of two other mining corporations, namely MDN

    Inc. and Fairstar Explorations Inc. Mr. Bergeron is also the Vice President of Finance of Northern Precious Metals Management Inc.

    Jean Lafleur, M.Sc., P. Geo., Laval, Qubec

    Mineral Exploration Consultant

    Mr. Lafleur is a Professional Geologist with 30 years of experience in various capacities within the mineral exploration industry. He received

    B.Sc. and M.Sc. in Geology from the University of Ottawa, and has been active in Canada and internationally, with a wide range of industry-

    leading mining companies, such as Newmont, Falconbridge and Placer Dome. Since 2003, he has been a mineral exploration consultant

    leading teams in the search for gold, base metals, nickel, PGEs, uranium, titanium and iron in eastern Canada and abroad. From 2003, he

    was an executive, director and/or technical advisor in a number of junior exploration companies . Mr. Lafleur is currently a Director of

    Pershimco Resources. He is also a Technical Advisor to Jourdan Resources.

    Management

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    MANAGEM

    ENTANDDIRECTORS

    Management

    Dr. Michael Dry, Peterborough, Ontario

    Metallurgical Consultant

    Dr. Dry is an expert in the conventional and innovative metallurgical circuits applied to the recovery of valuable metals from ores and

    wastes, particularly, in the hydrometallurgical processing technology. He has over 30 years experience in hydrometallurgy with 5 years

    managing the applied research side. He obtained his PhD from the University of the Witwatersrand in Engineering and a B.Sc. from theUniversity of Cape Town in Chemical Engineering. He is a Member of the CIM Metallurgical Society, Hydrometallurgy Section Committee

    Andr Bergeron, Director, Verdun, Qubec

    Andr Bergeron graduated from the University of Montreal with a law degree and he was admitted to the Qubec Bar in 1974. Specialized

    in Labour Law, Mr. Bergeron has been acting as an arbitrator in labour relations since 1979. Mr. Bergeron was also Director of three (3)

    Capital Pool Companies that have completed their Qualifying Transactions, namely, Sonus Venture Capital Corporation (Ace/Security

    Laminates Corporation since the completion of its Qualifying Transaction), from May 2001 to May 2004, Pamerica Corporation (Wanted

    Technologies Corporation since the completion of its Qualifying Transaction), from February 2004 to October 2005, and Laurent Venture

    Capital Corporation (Carbon2Green Corporation since the completion of its qualifying transaction), from February 2006 to February 2011.Mr. Bergeron was also Director of Ace/Security Laminates Corporation from May 2004 to May 2005 and Exploration First Gold Inc. from

    November 2006 to February 2008. He has been a Director of First Gold Exploration Inc. since November 2006. Mr. Bergeron is presently a

    Director and the President and Chief Executive Officer of Woden Venture Capital Corporation.

    Rick Bonner, Director, Westport, Ontario

    Rick Bonner is a registered professional geologist. His exploration experience was gained during 35 years while working on six continents

    exploring for gold, base metals, diamonds and uranium for senior and junior mining companies, including Diavik and BHP Billiton. Mr.

    Bonner was a co-founder of Westport Resources Namibia and was responsible for the delivery of the Valencia Uranium Deposit to the

    mine development stage. He is also a member of the Institute of Corporate Directors (ICD) and is an Independent Director experienced onseveral junior mining companies board of directors. Mr. Bonner currently sits on the board of directors of Augustine Ventures Inc. and Key

    Gold Holding Inc. and was also a director of Delta Uranium Inc. Mr. Bonner is a Qualified Person as per 43-101 Guidelines.

    Directors

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    MANAGEM

    ENTANDDIRECTORS

    Management

    Philippe Frre, Director, St-Lambert, Qubec

    Philippe Frre is a graduate of Collge Jean-de-Brbeuf and Universit de Montral and has been called to the Quebec Bar in 1984. The

    same year, he joined Lavery, de Billy, L.L.P., and became partner with the firm in 1991. His practice is mainly devoted to administrative

    litigation, labour law and professional law. Over the years, he has gained solid experience in all areas of labour law, including collective

    agreement negotiations and labour litigation in the private and public sectors. He also has extensive knowledge of pharmacy law, includingfederal and provincial laws and regulations pertaining to drugs marketing and distribution, provincial formularies, private and public drug

    insurance coverage and regulatory affairs. He has represented and advised numerous drug manufacturers and distributors in complex

    litigations and regulatory matters. He also acts on a regular basis as legal counsel to a number of private and public clients, including

    professional orders and matters related to administrative litigation, legislative drafting, constitutional law, judicial review and injunctions.

    He was also a Director of a Capital Pool Company that has completed its Qualifying Transaction, namely Cyclonic Investments Corporation

    (Imaflex Inc. since the completion of the Qualifying Transaction), from November 1996 to June 2002. Mr. Frre also sits on the Board of

    Directors of Quinto Real Capital Corporation, a capital pool company.

    Louis Ploquin, Director, Lorraine, QubecMr. Ploquin graduated in 1980 from Universit Laval, in 1984 from Universit de Montral with a law degree and in 1987 from New York

    University. He was admitted to the Qubec Bar in 1985 and to the New York Bar in 1988. 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. Ploquin is also an instructor at the Faculty of

    Law of the Universit de Montral.

    Directors

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    PROPERTY

    LOCATIONS

    ManagementProperty Locations

    FERMONT IRON PROJECT

    LA BLACHE IRON-TITANIUM-VANADIUM PROJECT

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    LA BLACHE VANADIUM-IRON ORE-TITANIUM PROPERTY

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    LABLACHE

    VANADIUM-IRO

    NORE-TITANIUM

    PROPERTY

    Field Work

    During the summer-fall 2010 exploration program, NEVADO announced the discovery of several new Iron, Titanium and Vanadium lenses

    which are characterized by massive magnetite-ilmenite in outcrops. NEVADO owns 832 claims / 450 km2 in the La Blache Iron-Titanium-

    Vanadium Project.

    Seven (7) new massive magnetite-ilmenite lenses were discovered by inferring that the known Hervieux East, Hervieux East Extension,

    Hervieux West and Schmoo Lake occurrences appears to be aligned within a 200 m wide zone. The zone is part of a 45 km long corridorforming the perimeter of an 18 km by 10 km ellipse.

    The massive magnetite-ilmenite lenses range from a range of 1 m to 25 m in width and 25 m to 450 m in length. Average grades for the

    massive lenses are in the range of 60% to 63% Fe2O3 (42.0% to 44.1% FeT), 16.5% to 19.5% TiO2 and 0.07% to 0.17% V2O5

    Highlights From Field Work

    Occurrence

    name % Fe2O3

    Average grades

    % FeT % TiO2 % V2O5

    Massive magnetite-ilmenite lenses

    Hervieux East

    Extension

    63.1 44.1 19.4 0.112

    Hervieux

    North

    Extension

    61.9 43.3 16.7 0.17

    Farrell-Taylor 63.5 44.4 18.7 0.10

    Zorro-Leduc 63.5 44.4 17.4 0.11

    Leduc-Farrell 60.0 42.0 19.6 0.07

    E. Girard 61.9 43.3 16.5 0.11

    Disseminated magnetite-ilmenite (5% to 50%)

    Lac La Blache

    west

    13.5 9.4 3.6 0.08

    The summer 2011 prospecting program found 18 new surface

    massive oxides lenses. Highlights of the program include:

    Vertical to sub-vertical dykes and large veins of massive oxides

    ranging from 5 to 400 metres in observed length and 3 to 7 m

    wide;

    Horizontal to sub-horizontal lenses, sills and veins of massive

    oxides ranging from 3 to 750 m in observed length, and 50 to

    900 m wide;

    The 18 new massive oxides discoveries are distributed within 6

    kilometric sized target ellipses or rings, some as sub-rings to the

    original 45 km long La Blache Ring of Iron-Titanium-Vanadium

    and others associated with one new ring, the 16 km long La

    Blache East Ring of Iron-Titanium-Vanadium;

    Further synthesis work has demonstrated that each massive

    oxides occurrence are part of larger systems based on the

    topographic, lineament, geological and geophysical trends,

    ranging from 400 to 4,000 m in potential length for the vertical

    lenses, and 700 to 3,000 m in potential length and 50 to 900

    metres in potential width.

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    LABLACHE

    VANADIUM-IRO

    NORE-TITANIUM

    PROPERTY

    Metallurgical WorkHighlights From Drilling

    DDH #

    Azimuth

    Dip ()

    Length (m)

    Massive

    oxides(m)(1)

    %

    Fe2O3

    %

    FeT

    %

    TiO2

    %

    V2O5(2)

    FT-10-01 180 / -70 / 223 33 64.5 45.1 17.7 0.07

    116.2(3)

    32.7 25.5 9.7 0.09

    FT-10-02 180 / -70 / 192 23 58.9 41.1 17.5 0.12

    37.9(3)

    48.0 33.6 13.4 0.09

    FT-10-06 000 / -55 / 205 19.9 59.7 41.7 17.5 0.11

    32.6(3)

    41.6 29.1 12.0 0.08

    FT-10-08 000 / -55 / 316 89.7 58.9 41.2 17.9 0.08

    130.5(3)

    44.9 31.4 13.6 0.06

    FT-10-04 180 / -70 / 291 81 59.2 41.4 18.1 0.09

    96.5(3)

    50.2 35.1 15.4 0.08

    FT-10-05 180 / -70 / 233 62.6 59.8 41.8 17.9 0.08

    153.2(3)

    36.0 25.2 10.8 0.06

    FT-10-07 000 / -55 / 307 48.1 62.0 43.3 19.1 0.09

    116.5(3)

    37.1 25.9 11.3 0.06

    FT-10-09 000 / -55 / 359 10.2 63.4 44.3 18.9 0.09

    4.1 63.5 44.4 18.6 0.14

    2.5 64.3 45.0 18.2 0.15

    28.5 59.4 41.5 18.4 0.10

    220.5(3)

    29.8 20.9 8.8 0.06

    FT-10-11 000 / -55 / 271.0 2.4(3)

    23.0 16.1 5.9 0.09

    FT-10-13 000 / -75 / 322.0 37.5 63.0 44.1 18.8 0.08

    59.4(3)

    44.5 31.2 13.3 0.07

    FT-10-14 330 / -55 / 320.0 1.2 63.5 44.4 17.6 0.06

    5.9(3)

    41.1 28.7 10.6 0.07

    40.9(3)

    15.3 10.7 4.68 0.04

    FT-10-17 330 / -75 / 318.0 24.1 54.9 38.4 15.8 0.06

    175.6(3)

    23.4 16.3 6.6 0.04

    FT-10-19 330 / -75 / 314.0 56.6 58.1 40.6 17.2 0.09

    73.2(3)

    50.6 35.4 14.9 0.08

    FT-10-20 330 / -75 / 322.0 53.1 62.8 44.0 17.8 0.09

    157.0(3)

    34.3 24.0 9.8 0.06

    The Corporation has

    completed a fully permitted

    and helicopter-supported 32

    drill holes for 9,618 metres

    drill program with the

    objective of determining inthe first pass the full-size and

    grade potential of the main

    showing, the Farrell-Taylor

    magnetite-ilmenite

    occurrence, with the ultimate

    objective of eventually

    proving up significant near-

    term iron-titanium-vanadium

    mineral resources.Notes:

    (1) Core lengths in metres of

    massive oxides.

    (2) V2O5 assay results

    reported here used the ME-

    MS81 preparation (Lithium

    Borate Fusion) and assay

    method.

    (3) Wider intervals includedisseminated (>10%), vein

    and semi-massive oxides

    mineralization surrounding

    the massive oxides.

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    LABLACHE

    VANADIUM-IRO

    NORE-TITANIUM

    PROPERTY

    ManagementLa Blach Iron-Titanium-Vanadium Property

    1. Ilmenite-

    Magnetite

    Outcrop

    2. Ilmenite-

    Magnetite Core

    3. Core Storage

    2011 drilling

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    LABLACHE

    VANADIUM-IRO

    NORE-TITANIUM

    PROPERTY

    Metallurgical Work

    The heart of the Nevados planned metallurgy campaign is Neomets unique and patented Acid Recovery and Regeneration Process, which

    based on third party evaluations, 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 (Iron oxide), which is a premium product suitable for the pigment

    market or for processing into higher quality steels.

    Leaching is a simple, rapid and effective process method, requiring no heat input, and able to operate at high solids loading, all of whichminimize both the capital and operating costs of the leaching circuit. Sufficient information has now generated to allow for a rigorous

    process model to be compiled, which will enable both capital and operating costs to be estimated at the Preliminary Economic Assessment

    level.

    Highlights to date of the Stage 2 mini-plant campaign

    The mini-plant circuit has been set up as a continuous operation process

    High extractions of greater than 90% Titanium and Vanadium have been achieved

    Titanium was easily and effectively precipitated directly from the leach liquor as TiO2 of purity greater than 98%;

    TiO2 was easily upgraded to a product of greater than 99.9% purity in a second step, offering the option of marketing two product grades;

    High purity Vanadium (greater than 99.9% pure as ammonium metavanadate or AMV) has been recovered;

    QA/QC work revealed individual and interval assay grades almost four times higher than reported by NEVADO egs: a 27.6 metre interval

    from drill hole FT-10-09 had originally yielded 0.10% V2O5 (using the ME-MS81 preparation and assay method), whereas control testing

    using a different sample preparation protocol and assay method (using the ME-MS61 preparation and assay method) found 0.37% V2O5 in

    the same interval;

    The dissolution of the minor elements present in oxides mineralization (Aluminum, Magnesium, Calcium and Manganese) are not a cause

    for concern in the Neomet process and may be opportunities for valueadded byproducts;

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    FERMONT IRON ORE PROPERTY

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    FERMONT

    IRONOREPROPERTY

    ManagementLabrador Trough Fremont Area

    NEVADO has a direct property interest in 928

    active mining claims in The Fermont region,

    located in northeastern Quebec, Canada.

    Those claims, covering over 470 km2, arecomprised of 3 major blocks contiguous to the iron

    producers ArcelorMittal, Consolidated Thompson

    and Champion Minerals.

    The geophysical prospecting campaign of those

    properties is set to begin in Q4 2011.

    20 km

    AMMC

    Mt-

    Reed

    FERMONT

    CHM

    VDO

    VDO

    VDO

    VDO

    AMMC

    Fire

    Lake

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    COMMODITY PRICES AND MARKETS

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    COMMODI

    TYPRICESANDM

    ARKETS

    Commodity Prices

    V2O5 = 14,000 US$ per metric tonne

    TiO2 = 3,800 US$ per metric tonne

    Fe2

    O3

    = 160 US$ per metric tonne

    Uses and Market Outlook

    Vanadium is a soft, ductile, metallic element that is very corrosion resistant. Metallurgical applications account for about 90% of

    consumption. The main non-metallurgical use is in catalysts. Mine production is confined to five countries of which China, Russia and

    South Africa are the largest producers. In 2010 Chinese share in world production reached 40%. In 2012, the global vanadium market is

    estimated to have a surplus which will start to reduce in size over the next few years. Prices in 2014 are forecast to reach US$10/lb for

    pentoxide and US $45/kg for ferrovanadium, as the market prepares for a potential deflect in 2015. Although prices are forecast to

    increase rapidly, Roskill expects prices to remain below the record highs seen in 2005. In real US$2010 terms, vanadium prices throughout

    the forecast period are expected to remain below those seen in 2005. However, any issues which stop or delay vanadium reaching themarket could see a deflect caused, causing prices to spike.

    Titanium dioxide is a key ingredient in paint production and currently is in short supply. As the demand for cars and other consumer

    goods increases so does the demand for titanium dioxide. The global titanium dioxide sector ended 2010 with prices soaring through the

    market. 2011 gains are reported to be significant as well. Current pricing expectations are founded on low inventory levels of pigment

    starting paint season and poor supply brought on by scarcity of investment for several years. Such tight conditions on titanium dioxide

    market would lead to rapid price escalation during 2012 and likely 2013. Over the next several years titanium dioxide producers and

    feedstock suppliers will escalate margins in 2011 thereby by much controlling the pricing balance in the value chain.

    Iron oxide is principally used in steel making with China and India being the main steel makers. An uncertain global growth outlook may

    impact global steel production and thereby the Iron ore market; however, spot iron ore prices remain robust at this time. A key factor

    supporting high spot iron ore prices is Chinas leading position in global steel production and its increasing reliance on the seaborne iron

    ore market due to falling domestic iron ore grades. Some 49 potential iron ore development projects have the ultimate potential to

    provide ~1.3Bt to the market, implying potential for future oversupply. However, the ability to deliver these projects remains a key risk.

    Short term, the market should remain tight.

    Sources: Merchant Research & Consulting Ltd., Roskill Information Services; BMO Global Research.

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    TIO2MAR

    KET

    Fiscal Year 2005 Annual ReportChange in Regional Demand (% of total global production) Titanium Dioxide Pigment Producers

    89%

    5%6% Pigment

    Metal

    Other

    Titanium Dioxide Pigment Market

    2007 2008 2009 2010 2011F 2012F 2013F 2014F

    TiO2 Global Production 6,482 6,050 5,400 6,300 6,118 6,485 6,685 6,775

    TiO2 Global Consumption 6,100 5.906 5,200 6,355 6,670 6,985 7,330 7,685

    Surplus (Deficit) 382 144 200 -55 -552 -500 -645 -910

    TiO2 forecast shortfall to 2015 (in thousands of tonnes)

    Sources: Euro Pacific, TZMI, Credit Suisse Estimate

    56%

    23%

    9%

    4%3%2%2%1% Paint

    Plastics

    Paper

    Specialities

    Inks

    Fibres

    Rubber

    Food/Pharma

    22%

    20%

    13%10%

    9%

    7%4%

    15%

    China

    Dupont

    Cristal Global

    Kronos

    HuntsmanTronox

    Sachtleben

    Others

    Titanium Dioxide Usage

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    CONTACTINFORMATION

    Stock Chart (As of Oct. 26, 2011) TSXV VDO

    Nevado Resources

    Contact

    Michael CurtisPresident and CEO

    Tel: (514) 793-1915

    Corporate Address

    100 777 De La Commune Ouest, Montral,

    Qubec H3C 1Y1

    Tel: 514 303-7895 | Fax: 514 439-5709

    www.nevadoresources.com

    [email protected]

    http://www.nevadoresources.com/mailto:[email protected]:[email protected]://www.nevadoresources.com/http://www.nevadoresources.com/