Largo Resources Ltd. announced that the company has completed a new block model and updated mineral resource estimate incorporating the results from its 2008 drill program consisting of 38 holes totalling 11,509 metres, the results from the 2007 and 2006 drill programs completed by Largo and historical drilling results for the Northern Dancer Tungsten-Molybdenum deposit, situated in the south-central region of the Yukon Territory in north-western Canada.

Mark Brennan, President of Largo, stated:

The combination of improved grades and the enhancement of our existing understanding of the factors affecting recovery and mineralogy of the deposit encourages Largo management regarding the future economic viability of the project.

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