NEVADO RESOURCES CORPORATION (TSX VENTURE:VDO)(FRANKFURT:NSV)



--  NEVADO has expanded its prospecting and sampling program to define
    additional, and the full size and grade potential of these magnetite-
    ilmenite lenses 



NEVADO RESOURCES CORPORATION (TSX VENTURE:VDO)(FRANKFURT:NSV) -  (the "Company"
or "Nevado) is pleased to announce assay results from 32 surface channel samples
of the summer 2010 exploration program on the Company's wholly-owned 25 claims
La Blache #1 Iron-Titanium-Vanadium Property ("La Blache #1" or the "Property").
The 13.6 km(2) Property is located 145 km north of Baie-Comeau along Quebec's
North Shore region and is also situated near Hydro-Quebec's Manic 3 and Outardes
River Hydroelectric Reservoirs. 


NEVADO received assay results from the 120 m long by 35 m wide
magnetite-ilmenite outcrop at the Hervieux East Extension Occurrence ("Hervieux
East Extension"). The entire length of the occurrence was sampled with 32 (25 cm
by 10 cm by 15 cm deep) saw-cut surface channel samples of magnetite-ilmenite.
Assay results were previously received from 3 channel sampling along a 25 m
segment of the Hervieux East Extension outcrop. The channel samples yielded 12 m
of 62.8% Fe2O3 and 19.6% TiO2, 6 m of 60.8% Fe2O3 and 19.5% TiO2, 7 m of 62.1%
Fe2O3 and 20.0% m TiO2.


Iron and Titanium assay results are as follows for the 32 surface channel samples: 



----------------------------------------------------------------------------
Channel     %     %     %  Channel     %    %    %  Channel     %     %    %
Sample# Fe2O3  TiO2  V2O5  Sample# Fe2O3 TiO2 V2O5  Sample# Fe2O3  TiO2 V2O5
----------------------------------------------------------------------------
601      54.0  17.9  0.13      612  61.4 18.3 0.13      623  59.8  18.3 0.10
602      54.0  18.3  0.13      613  61.3 19.4 0.09      624  61.1  19.4 0.10
603      60.8  18.9  0.12      614  61.5 18.9 0.05      625  61.8  19.7 0.11
604      58.8  18.2  0.09      615  58.0 18.0 0.10      626  62.2  19.3 0.15
605      61.0  18.5  0.12      616  57.2 19.5 0.10      627  54.6  18.4 0.16
606      51.1  17.7  0.11      617  55.2 18.5 0.10      628  60.1  19.2 0.12
607      60.6  17.8  0.13      618  60.6 19.3 0.11      629  63.3  18.9 0.07
608      60.6  17.7  0.16      619  60.2 19.0 0.13      630  59.8  18.5 0.09
609      58.2  18.4  0.12      620  62.8 19.4 0.11      631  54.4  18.2 0.09
610      56.0  18.3  0.11      621  61.5 18.8 0.08      632  55.6  18.3 0.09
611      59.3  18.6  0.11      622  60.7 19.3 0.11  Average  59.0  18.6 0.11
----------------------------------------------------------------------------



Note: Surface channel samples averaging 0.75 kg each were taken by Bertrand
Brassard, P. Geo., Director and VP Exploration of NEVADO. Samples were bagged,
sealed and numbered on-site, and delivered to the ALS Laboratory Group facility
in Val-d'Or (Quebec) for analysis using the ME-S81d Method. At the laboratory
facility, samples were inventoried, weighed and dried; crushed 70% to under 2
millimetres; riffled split with a 250 gram sub-sample pulverized 85% to under 75
um; then followed by analysis. 


The current average grades of the magnetite-ilmenite surface channel samples are
59% Fe2O3, 18.6% TiO2 and 0.11 V2O5 in a range of 51.1% and 62.8% Fe2O3, 17.7%
and 19.7% TiO2 and 0.05% and 0.16% V2O5, which are comparable to the channel and
previous surface channel samples taken earlier in the year from Hervieux East
Extension (refer to the Nevado news releases dated September 20 and March 30,
2010). Detailed prospecting and grab/channel sampling to establish continuity
and grades of the magnetite-ilmenite at Hervieux East Extension continues to the
east and northeast. 


In addition, NEVADO has expanded its prospecting and sampling program to define
additional and the full size and grade potential of these magnetite-ilmenite
lenses with the objective of eventually proving up significant near-term
iron-titanium Mineral Resources across the entire Property. NEVADO is fully
funded for the work having raised $2.25 million in 2009. 


The magmatic iron-titanium bearing magnetite-ilmenite lenses are associated with
the La Blache Anorthositic Complex (the "LBAC"). The LBAC extends 35 km in a
northeast-southwest direction by 15 km across, hosting a series of
magnetite-ilmenite rich lenses some 10's to 100's metres in size along a 15 km
long mineralization corridor, of which Nevado owns outright 7.5 km of the total
trend length. 


According to the Ministere des ressources naturelles et de la faune Quebec
Deposit File 22K/04-0001 the La Blache iron-titanium mineralization was
originally discovered in 1952 and subsequently explored in the 1960's by the
Bersimis Mining Company which used airborne magnetic techniques to identify a
series of surface iron-titanium lenses over the 15 km trend covering several
occurrences. Historic work evaluated mineral resources of 71.67 million tonnes
grading 48% Iron (Fe2O3) and 20.5% Titanium (TiO2). The historical mineral
resources quoted is non-compliant to NI 43-101 Mineral Resource standards, and
should therefore not be relied upon. A Qualified Person has not done sufficient
work to classify the historical resource as current NI 43-101 compliant Mineral
Resources. There is no guarantee that any future exploration would upgrade the
historical Mineral Resources into current Mineral Resources. At this time it is
not known if any or part of the historical mineral resources occurs on Nevado's
La Blache #1 Property. 


The technical information in this news release was prepared, reviewed and
approved by Mr. Jean Lafleur, M. Sc., P. Geo., Senior Technical Consultant to
NEVADO, and Bertrand Brassard, M. Sc., P. Geo, Director and VP Exploration of
NEVADO. Both individuals are Qualified Persons under NI 43-101 regulations. 


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.
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