Largo wins Mining and Metals Deal of the Year Award, 2012 from Project Finance magazine for its Maracas vanadium project

Largo wins Mining and Metals Deal of the Year Award, 2012 from Project Finance 
magazine for its Maracas vanadium project financing
Symbol: LGO (TSX.V)    
TORONTO, March 11, 2013 /CNW/ - Largo Resources Ltd. ("Largo" or the 
"Company") is pleased to announce that it has been named the recipient of 
Project Finance magazine's Latin American Mining and Metals Deal of the Year 
Award, 2012. 
The Maracas financing was led and financed entirely by Brazilian banks (BNDES, 
Itau BBA, Banco Votaratim, Bradesco), and is the first Greenfield mining 
project ever to be fully financed by Brazilian banks. 
The total R$556 million transaction, which was completed in June 2012, has 
received international recognition in the project finance deal world for its 
uniqueness and complexity as well as for overcoming tough financing conditions 
for junior miners. 
Mark Brennan, President and Chief Executive Officer stated: "We are enormously 
excited to receive such a paramount award in the extremely competitive Project 
Finance world. It is unusual for a project financing of our size to receive 
such accolades in a field which generally focuses on substantially larger 
scope projects. I think that this speaks to the quality of the deal Largo and 
our lenders completed, but also to the intricacy of its terms and the 
difficulty of the prevailing market conditions. I am extremely honored to have 
accepted this award and hope our shareholders and the market will join us in 
recognizing this enormous achievement."
About Project Finance Magazine 
Project Finance has been covering the oil and gas, power, renewables, 
transport and PPP sectors for over 25 years. As well as infrastructure funds, 
project bonds, water, mining, petrochemicals and telecoms. 
In addition to breaking industry news, Project Finance provides in-depth 
analysis of the benchmark deals, tracking the market's progress and preparing 
for new trends and financing techniques. 
About Largo 
Largo is a Canadian-based mineral resource exploration and development company 
focused on creating a world leading strategic metals company. Largo 
currently holds a 100% interest in the Maracás Vanadium Project, a 100% 
interest in the Currais Novos Tungsten Tailings Project, a 100% interest in 
the Campo Alegre de Lourdes Iron-Vanadium Project, all in Brazil, and a 100% 
interest in the Northern Dancer Tungsten-Molybdenum property located in the 
Yukon Territory, Canada. The immediate goal of the Company is to develop the 
Maracás Vanadium Project by Q4 2013 and to produce WO(3) concentrate from the 
reprocessing of tungsten tailings from Currais Novos. Largo's skilled 
management team both in Canada and Brazil, are confident in their ability to 
advance these projects. 
Largo is listed on the TSX Venture Exchange under the symbol "LGO". 
For more information please refer to Largo's website: 
This press release contains forward-looking information under Canadian 
securities legislation. forward-looking information includes, but is not 
limited to, statements with respect to completion of the private placement, 
Largo's development potential and timetable of the Maracas and Northern Dancer 
projects; Largo's ability to raise additional funds necessary; the future 
price of tungsten and molybdenum; the 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 rates; 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". Forward-looking statements are based on 
the opinions and estimates of management as of the date such statements are 
made. Forward-looking statements are subject to known and unknown risks, 
uncertainties and other factors that may cause the actual results, level of 
activity, performance or achievements of the Largo to be materially different 
from those expressed or implied by such forward-looking statements, including 
but not limited to those risks described in the annual information form of 
Largo and in its public documents filed on SEDAR from time to time. Although 
management of Largo has attempted to identify important factors that could 
cause actual results to differ materially from those contained in 
forward-looking statements, there may be other factors that cause results not 
to be as 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 undertake to update any forward-looking statements, 
except in accordance with applicable securities laws. 
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Darcie Ladd Manager Business Development 416-861-9406 
 Mark Brennan President & CEO  
SOURCE: Largo Resources Ltd. 
To view this news release in HTML formatting, please use the following URL: 
CO: Largo Resources Ltd.
ST: Ontario
-0- Mar/11/2013 20:00 GMT
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