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Press release from Marketwire

NEVADO Files NI 43-101 Technical Report on the La Blache Vanadium-Titanium-Iron Project

Monday, July 09, 2012

NEVADO Files NI 43-101 Technical Report on the La Blache Vanadium-Titanium-Iron Project07:00 EDT Monday, July 09, 2012MONTREAL, QUEBEC--(Marketwire - July 9, 2012) -NEVADO RESOURCES CORPORATION (TSX VENTURE:VDO)(FRANKFURT:NSV) ("NEVADO" or the "Company") is pleased to report that it filed a NI 43-101 Technical Report dated May 14, 2012 (the "Report") on the La Blache vanadium-titanium-iron project with Canadian securities regulators. The Report was prepared by Maxime Dupéré, P.Geo., from SGS Canada Inc.-Geostat ("SGS-Geostat") of Blainville, Quebec. The Report can be found on SEDAR at www.sedar.com and on the Company's website at www.nevadoresources.com.Michael Curtis, President and Chief Executive Officer of NEVADO, stated: "With this report, we can now confirm that Farrell-Taylor is a world class vanadium-titanium-iron deposit. We are presently evaluating the next steps to take to develop our main asset, which could include a preliminary economic assessment (PEA) and pilot plant testing of the Farrell-Taylor ore."About Nevado Resources Corporation NEVADO is a strategic metals exploration company with properties in Northern Quebec, Canada. The Company is currently focused on advancing its world-class La Blache vanadium-titanium-iron project. NEVADO also owns the Fermont project, a graphite property adjacent to Focus Graphite's Lac Knife deposit.This news release was reviewed and approved by Michael Curtis, President and CEO of NEVADO. The technical information contained in this news release was reviewed and approved by Maxime Dupéré, P.Geo., of SGS-Geostat, a Qualified Person under NI 43-101. Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. 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.FOR FURTHER INFORMATION PLEASE CONTACT: President and CEOMichael Curtis(514) 793-1915www.nevadoresources.com