NEVADO Acquires High-Profile Zinc-Copper-Silver-Gold VMS Property in the Schreiber-Hemlo Camp

NEVADO RESOURCES CORPORATION (TSX VENTURE:VDO)(FRANKFURT:NSV) ("NEVADO" or the
"Company") is pleased to announce the acquisition of a high-profile
zinc-copper-silver-gold VMS property in the Schreiber-Hemlo greenstone belt. The
Bozema Lake property, comprising 175 claim units, is located 240 km east of
Thunder Bay, Ontario. The Schreiber-Hemlo greenstone belt is host to the Hemlo
gold deposit, approximately 75 km to the east, and the Winston Lake base metal
mine, 80 km to the west of the property. 


The limited work that has taken place on the property to date has turned up very
promising results:




--  In 1981, Gulf Minerals drilled four holes at Bozema Lake, with one hole
    intersecting 10 m of 8.6% zinc, including 4.9 m of 16.8% zinc.

--  In 2002, RJK Explorations uncovered a new showing, the Starhill showing,
    where grab sampling returned 7.1% zinc, 1.5% copper, 101.0 g/t silver
    and 0.87 g/t gold from a partially exposed outcropping zone
    approximately 400 m long and up to 25 m wide.

--  In 2005-2008, Phoenix Matachewan Mines identified an extensive folded
    chert horizon using geophysics, mapping, geochemical methods and 39
    diamond drill holes (approx. 3,700 m). In the 2007-08 diamond drill
    program, 618 samples were sent for analysis, with 14% of the samples
    returning over 0.1% zinc. One drill hole returned 7% zinc over 1.2 m
    within an extensive zone of strongly zinc-mineralized rock that averaged
    0.58% zinc over 39 m. Drill hole BZW-08-05 retested the area Gulf
    Minerals drilled and returned an intercept of 11.09% zinc over 3.75 m
    within a recrystallized chert horizon. In addition, surface grab
    sampling of the target horizon returned 23.5% zinc and 3.1% copper in
    outcrops.



Grab samples are selective by nature and are unlikely to represent average
grades on the property.


In addition to the known base metal zones on the Bozema Lake property, there are
a number of EM conductors associated with the northern contact of the quartz
feldspar, coincident with a zone of strong sodium depletion and silica
enrichment that remains untested. These features make the Bozema Lake property a
very attractive exploration target.


Michael Curtis, President and Chief Executive Officer of NEVADO, said that: "We
believe that supplementing our La Blache titanium-vanadium-iron and Fermont
graphite projects with zinc projects will enhance the value of our assets, as
zinc prices are expected to rise because of increasing demand and a supply
shortfall. The area we have chosen is close to large producing mines, while
being clearly underworked and very promising. We will first assess the data from
the property and then plan an exploration program in the coming months." 


In consideration for the property, NEVADO will issue 200,000 common shares per
year to the sellers for a total of 600,000 common shares, plus expenditures of
$150,000 over the last two years. All common shares issued will be subject to a
holding period of four months and one day. In addition, the property is subject
to a 2% NSR on smeltable minerals or metals extracted from the property, payable
in cash or in kind to the sellers. The Company will have the right to purchase
half of the 2% NSR at any time for a cash payment of $1,000,000 to the sellers.


The transaction is subject to the approval of the TSX Venture Exchange and other
regulatory approvals. All parties are dealing at arm's length.


The technical content of this news release was reviewed and approved by Garry
Clark, P.Geo, a qualified person under National Instrument 43-101. 


About Nevado Resources Corporation 

NEVADO is a junior strategic metals company with properties in Northern Quebec.
The Company is currently focused on advancing its world-class La Blache
titanium-vanadium-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
Chief Executive Officer of NEVADO.


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: 
Michael Curtis
President and Chief Executive Officer
[phone]
www.nevadoresources.com
Twitter: @nevado_vdo


Francois Kalos
SOLAK Communications
[phone]
[e-mail]