TSX.

V: LGO
Positioned to be a leading player in the primary production of vanadium and tungsten

About Largo Resources: About Largo Resources

Largo is a Canadian Resource company that is focused on acquiring and developing advanced-stage strategic mineral deposits
with a specific focus on Vanadium and Tungsten. Its growing portfolio of world-class assets includes:
§ Maracas, the world’s richest undeveloped Vanadium deposit. Maracas boasts tremendous resource upside and will be one of the lowest
cash cost Vanadium operations in the world.
§ Northern Dancer, the largest undeveloped Tungsten project in the world has the potential to fulfill 10% of the world’s tungsten supply at
very low operating cash costs.

Investment highlights:

Positioned to be a key player in the primary production of vanadium: Emerging leader in the production of tungsten:
§ Two of the top undeveloped vanadium deposits in the world § Largest undeveloped tungsten deposit in the world
§ Potential to be lowest cost producer § Short term low cost production opportunity, Currais Novos
§ Vanadium prices and demand rising § Strong long term relationships with industry leaders and end-users

Currais Novos, Tungsten Project, Brazil Marracas, Vanadium Project, Brazil Currais Novos, Tungsten Project, Brazil Northern Dancer Tungsten Project, Yukon, Canada Marracas, Brazil

Share Structure
52-Week high/low $0.14-$0.58 Contact Info: Largo Resources
Market Cap $136M Darcie Ladd www.largoresources.com
Recent Price $0.45 Business Development Manager 65 Queen Street West
S/O (Basic) 304M T. 416 861 5938 Suite 800, P.O. Box 71
Fully Diluted 364M F. 416 861 8165 Toronto, ON Canada
info@largoresources.com M5H 2M5
A Member of the Forbes & Manhattan Group of Companies
 Tungsten & Vanadium
Vanadium:
§ Strategic metal with the highest strength to weight
ratio
§ World production totals only 70,000 tons per year
§ Main commercial use: Steel industry
§ Small amount doubles strength of steel alloy and
increases corrosion and abrasion resistance
§ Airplanes, automobiles, construction…

§ The future of Vanadium: Lithium Redox Batteries &

Photo Courtesy of Tesla Motors
Clean-Energy Technologies
Tungsten: § Added to lithium batteries helps store energy longer and
§ Strategic metal with the highest melting point & tensile charge faster
strength of all metals § Electric car batteries, solar panels, wind turbines…
§ Main commercial use: Steel industry World Vanadium Production & Projection*
§ China: largest producer & consumer tightening export (1998 thru 2015)
90.0 90.00
quotas as supply diminishes Production Projection
§ Automotive, drilling, electronics, construction materials & 80.0 80.00

pipelines 70.0 70.00

60.0 60.00

(,000) metric tonnes of V

Production & Projection
Tungsten Projects: 50.0 50.00

Price of FeV
(US$/kg)
40.0 40.00

Currais Novos, Rio Grande do Norte, Brazil 30.0 30.00

Near-term production of tungsten concentrate – July 2011 20.0 20.00
§ Resource of 4.3 million tonnes (NI 43-101 compliant 10.0 10.00
resource) 0.0 0.00
§ L.O.I. signed to acquire 4 additional properties in the region
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2015
2006
§ Targeting 1.4 million lbs of WO3 per year Years

Northern Dancer, Yukon Canada Vanadium Projects:

The World’s Largest Tungsten-Molybdenum Deposit
§ Positive Preliminary Economic Assessment - 20% IRR Maracás, Bahia Brazil
§ Robustly economic open pit scenario Richest Undeveloped Vanadium Deposit in the World
§ Deposit: 1500 metres along strike, 600 metres wide, 500 metres § Open pit with low strip ratio of 2.23:1
vertical depth – wide open § Cash cost $13 kgs FeV
§ Proven mining technology and processes
§ Major financing to close March 2011
§ Tremendous exploration potential
Campo Alegre de Lourdes, Bahia Brazil
Rich in Iron, Titanium and Vanadium
§ Excellent access and established infrastructure
§ Large deposit - open along strike and at depth
§ Comprehensive exploration plan proposed for 2011-2012

Management & Directors

Mark Brennan
Tim Mann P.Eng
Robert Campbell, M.Sc., P.Geo
Deborah Battiston C.G.A.
Kurt Menchen
Kevin Brewer, P.Geo., MBA
Stan Bharti P.Eng.
Bill Pearson Ph.D., P.Geo.
William Clarke
Mike Hoffman, P.Eng.
Les Ford
President, CEO & Director
COO
VP, Exploration
CFO
General Manager, Brazil
General Manager, Northern Dancer Project
Chairman & Director
Director
Director
Director
Campo Alegre, Vanadium Project, Bahia, Brazil
Technical Director, Brazil Operations

www.largoresources.com