Nevado Resources Corporation (CVE:VDO) reports the first assay results from the 2011 diamond drilling campaign on the Corporation’s wholly-owned La Blache Iron-Titanium-Vanadium Propert.

The press release is quoted as saying:

Nevado’s higher grade Iron-Titanium-Vanadium (magnetite-ilmenite) property comprises 2 claim blocks totalling 773 claims for 315 km2 situated in the La Blache Anorthositic Complex, located 145 km north of the city of Baie-Comeau and its port on the St. Lawrence Seaway. In 2011, Nevado plans to quickly advance the property to the drilling stage for NI 43-101 compliant mineral resource delineation.

Click here to access the entire press release