Largo Produces a Record 828 Tonnes of Vanandium Pentoxide IN December
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PRESS RELEASE January 3, 2017
LARGO PRODUCES A RECORD 828 TONNES
OF VANANDIUM PENTOXIDE IN DECEMBER
TORONTO – Largo Resources Ltd. (" Largo " or the " Company ") ( TSX: LGO ) ( OTCQB: LGORF ) is
pleased to announce it has achieved a new monthly production record at its Maracás Menchen Mine during
the month of December. The Company produced 828 ton nes of vanadium pentoxide (“ Vanadium ” or
“V2O5 ”) surpassing by 22 tonnes the Company’s previous m onthly production record of 806 tonnes set
during September 2016. In addition to a new monthl y record, Largo is also pleased to announce that it
has achieved new weekly and daily production records in December of 219 and 39 tonnes, respectively.
“Largo's sustained focus on achieving consistent pr oduction at or above nameplate capacity at the
Maracás Menchen Mine continues to result in steady and record breaking production. Largo's ongoing
and successful production track record, coupled wit h Largo’s ability to produce Vanadium at low cost
demonstrates Largo's emergence as a key player in t he Vanadium industry ” said Largo’s President and
Chief Executive Officer, Mr. Mark A. Smith.
About Largo
Largo Resources Ltd. is a growing strategic mineral company focused on the production of vanadium
pentoxide at its Vanadio de Maracás Menchen Mine. Vanadium is primarily used as an alloy to strengthen
steel and reduce its weight. Vanadium enhanced steels are used in a vast and growing range of products
that are used and encountered every day; including, rebar, automobiles, transport infrastructure etc. As
trends in the steel industry now demand increasingl y stronger and lighter products for advanced
applications, the use of vanadium is expected to gr ow over the medium and long term. Largo also has
interests in a portfolio of other projects, including: a 100% interest in the Currais Novos Tungsten Tailings
Project in Brazil; a 100% interest in the Campo Alegre de Lourdes Iron-Vanadium Project in Brazil; and a
100% interest in the Northern Dancer Tungsten-Molybdenum property in the Yukon Territory, Canada. For
more information, please visit www.largoresources.com .
Cautionary Notes:
This press release contains forward-looking informa tion under Canadian securities legislation. Forwar d-
looking information includes, but is not limited to, statements with respect to completion of any financings;
Largo's development potential and timetable of its operating, development and exploration assets; Largo's
ability to raise additional funds necessary; the fu ture price of vanadium, tungsten and molybdenum; th e
estimation of mineral reserves and mineral resources; conclusions of economic evaluation; the realization
of mineral reserve estimates; the timing and amount of estimated future production, development and
exploration; costs of future activities; capital and operating expenditures; success of exploration activities;
mining or processing issues; currency exchange rate s; government regulation of mining operations; and
environmental risks. Generally, forward-looking statements can be identified by the use of forward-looking
terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled",
"estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such
words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or
"will be taken", "occur" or "be achieved". All inf ormation contained in this news release, other than
statements of current and historical fact, is forwa rd looking information. Forward-looking statements are
subject to known and unknown risks, uncertainties a nd other factors that may cause the actual results,
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level of activity, performance or achievements of the Largo to be materially different from those expressed
or implied by such forward-looking statements, incl uding but not limited to those risks described in t he
annual information form of Largo and in its public documents filed on SEDAR from time to time. Forward-
looking statements are based on the opinions and es timates of management as of the date such
statements are made. Although management of Largo h as attempted to identify important factors that
could cause actual results to differ materially fro m those contained in forward-looking statements, th ere
may be other factors that cause results not to be a s anticipated, estimated or intended. There can be no
assurance that such statements will prove to be accurate, as actual results and future events could differ
materially from those anticipated in such statements. Accordingly, readers should not place undue reliance
on forward-looking statements. Largo does not under take to update any forward-looking statements,
except in accordance with applicable securities law s. Readers should also review the risks and
uncertainties sections of Largo's annual and interim MD&As.
Neither the TSX (nor its regulatory service provide r) accepts responsibility for the adequacy or
accuracy of this release
CONTACT INFORMATION:
For more information, please contact:
Largo Investor Relations