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Largo gains on Novo Amparo Norte upside

Toronto-listed shares of vanadium producer Largo Resources gained 11.45% on Tuesday after the company reported a positive resource update on the satellite Novo Amparo Norte (NAN) deposit, close to its flagship Maracás Menchen mine in Brazil.

Largo gains on Novo Amparo Norte upside Largo gains on Novo Amparo Norte upside Largo gains on Novo Amparo Norte upside Largo gains on Novo Amparo Norte upside Largo gains on Novo Amparo Norte upside

Largo Resources has upgraded the resources of a satellite deposit close to its Maracás Menchen operation

Through a modest drill programme over the past 12 months the company managed to convert a substantial volume of the inferred resource to the indicated category, thereby improving Largo's confidence