NEVADO Cuts Up to 62.8% Iron and 19.6% Titanium Over 12 m in Surface Channel Samples at the Main 120 Metres Long Hervieux East E

(TSX VENTURE:VDO)(FRANKFURT:NSV) - 



--  Hervieux East Extension consists of a 120 metre long by 35 metre wide
    surface exposure of massive black magnetite (Iron oxide) and ilmenite
    (Titanium oxide) 

--  Assays still pending from 32 additional grab samples taken along the
    full length of the magnetite-ilmenite occurrence 

--  Second lens found 100 m to the north 

--  Additional work planned to test the full extent of the Iron-Titanium
    lenses 



NEVADO RESOURCES CORPORATION (TSX VENTURE:VDO)(FRANKFURT:NSV) (the "Company" or
"Nevado) is pleased to announce initial assay results from 3 channel samples of
the summer 2010 exploration program on the Company's wholly-owned 25 claim 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 Hydro-electric Reservoirs. 


NEVADO received assay results from channel sampling along a 25 m segment of the
120 m long by 35 m wide magnetite-ilmenite exposure 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 grab
samples with assay results still pending. Iron and Titanium assay results are as
follows for the 3 channel samples:




----------------------------------------------------------------------
Channel Sample #       % Fe2O3    % TiO2        Sample Length (metres)
----------------------------------------------------------------------
1                         62.8      19.6                          12.0
----------------------------------------------------------------------
2                         60.8      19.5                           6.0
----------------------------------------------------------------------
3                         62.1      20.0                           7.0
----------------------------------------------------------------------



Note: Channel samples averaging 0.75 kg each were taken by Bertrand Brassard, P.
Geo., Director and VP Exploration of NEVADO. Samples were bagged, sealed,
numbered and delivered to the ALS Laboratory Group facility in Val-d'Or (Quebec)
for analysis using the ME-S81 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 first phase of the summer program on the Property consisted of detailed
prospecting and grab/channel sampling along known and potential extension of
magnetite-ilmenite lenses to establish continuity and grades. The objective is
to eventually prove up in the near-term iron-titanium Mineral Resources.
Previous reconnaissance work in Q4-2009 encountered a number of
magnetite-ilmenite lenses along a 7.5 km magnetic corridor on the Property. Grab
samples taken from a known historical showing, the Hervieux East Extension, gave
an average of 51.6% Fe2O3 (Iron oxide), 18.6% TiO2 (Titanium oxide) and 0.068%
V2O5 (Vanadium oxide) (refer to the Nevado news release dated March 30, 2010). 


Apart from the ain exposure at the Hervieux East Extension, NEVADO has uncovered
a sub-parallel unit 100 m to the north. The Hervieux East Extension occurs along
the western portion of a kilometric magnetic high signature on the Property.
Based on previous and current assay results NEVADO immediately plans to evaluate
the full size and grade potential of both magnetite-ilmenite lenses at the
Hervieux East Extension with additional outcrop stripping, trenching, surface
channel/grab sampling and assaying, and drilling. NEVADO is fully funded for the
work having raised $2.25 million in 2009.


The Hervieux East Extension is composed of magmatic iron-titanium bearing
magnetite-ilmenite lenses 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 with the remaining corridor being held
by Argex Mining Inc., which just completed a significant diamond drilling
campaign, and has reported diamond drilling intervals assay results up to 161.25
m grading 60.93% Fe2O3, 18.29% TiO2 and 0.48% V2O5 (drill hole HW-10-001)
(www.argex.com). 


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 (refer to the appended map for details). 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.