Nevado Resources Corporation: Granting of Options

NEVADO RESOURCES CORPORATION (TSX VENTURE:VDO)(FRANKFURT:NSV) (the "Corporation"
or "Nevado") announces, following the changes to the management, the granting,
pursuant to its Stock Option Plan, of 2,150,000 options to its officers,
consultants and directors. Each option is exercisable at a price of $0.46 for a
period of five years from the date of grant.


About Nevado Resources Corporation

Nevado Resources Corporation is a mineral exploration company listed under the
symbol VDO on the TSX Venture Exchange and under the symbol NSV on the Frankfurt
Exchange. Nevado owns 6 properties comprising 1,390 mining claims totalling 757
km2 in the Province of Quebec in two separate metallogenic environments, one in
high grade iron-titanium-vanadium and one in gold.


Nevado's higher grade Iron-Titanium-Vanadium (magnetite-ilmenite) property
comprises 2 claim blocks totalling 773 claims for 315 km2 situated in the La
Blache Anorthositic Complex, located 145 km north of the city of Baie-Comeau and
its port on the St. Lawrence Seaway. In 2011, Nevado plans to quickly advance
the property to the drilling stage for NI 43-101 compliant mineral resource
delineation. 


Nevado's gold assets comprise 5 properties totalling 442 km2 located 10 km south
and southeast of Thetford Mines (Eastern Townships, Quebec), approximately 150
km east of Montreal.