NEVADO RESOURCES CORPORATION (TSX VENTURE:VDO)(FRANKFURT:NSV) ("NEVADO" or the
"Company") is pleased to report the results of its first drilling program on the
Fermont graphite property, where Hole NV12-01 intersected seven graphite
intersections, including 9.97% Cgr over 15.7 m, 8.65% Cgr over 16.3 m, as well
as 11.24% Cgr over 9.95 m in Hole NV12-04. 


The best results for the four-hole, 1,065-m program were as follows: 



----------------------------------------------------------------------------
Hole                                From          To   Length(i)         Cgr
(#)                                  (m)         (m)         (m)         (%)
----------------------------------------------------------------------------
NV12-01                            19.50       30.00       10.50        5.39
                            ------------------------------------------------
                                   38.00       43.85        5.85        2.95
                            ------------------------------------------------
                                   47.60       55.60        8.00        2.44
                            ------------------------------------------------
                                  213.20      216.80        3.60        3.34
                            ------------------------------------------------
                                  231.00      247.30       16.30        8.65
                            ------------------------------------------------
                                  264.80      280.50       15.70        9.97
                            ------------------------------------------------
                                  301.00      307.70        6.70        4.01
----------------------------------------------------------------------------
NV12-02                           114.00      144.00       30.00        1.21
----------------------------------------------------------------------------
NV12-03                           194.10      214.00       19.90        5.83
                                                                            
                            incl. 201.00      207.00        6.00       12.26
----------------------------------------------------------------------------
NV12-04                            13.05       23.00        9.95       11.24
                            ------------------------------------------------
                                   28.50       48.00       19.50        4.06
                            ------------------------------------------------
                                   84.00       93.00        9.00        4.48
                            ------------------------------------------------
                                  106.00      118.50       12.50        3.39
                            ------------------------------------------------
                                  187.50      192.00        4.50        3.19
----------------------------------------------------------------------------
(i) This figure represents core length rather than true width. The host     
gneiss is highly metamorphized and is folded in places. Multiple holes must 
be drilled on a given section to determined true width. These formations    
tend to be essentially subvertical, except in the fold axes.                



Michael Curtis, President and Chief Executive Officer of NEVADO, said that:
"These very positive drill results are all the more impressive as these are the
first four holes drilled on the property. All the holes intersected good-sized
intervals and multiple high graphite grades of up to 24.8% Cgr over 1.2 m. The
results of the TDEM helicopter-borne survey also indicate that the Fermont
property has excellent exploration potential, having identifying more than 20
potential structures ranging in length from 600 m to 5 km. Only two of these
conductors have been tested by drilling, over a distance of barely 200 m. In
short, we have only just started our work at Fermont, and these initial results
are already very promising." 


The graphite structures are encased in biotite gneiss. The helicopter-borne
geophysical survey indicates that the numerous high-intensity electromagnetic
conductors identified are several km long and highly complex, due to folding
that produces significant thickening of the graphite structures in places.
Visually, the graphite showings appear to have a high proportion of large
crystals (greater than 0.25 mm), which makes them more valuable than
fine-grained (amorphous) deposits and highly prized by graphite users,
particularly for lithium-ion battery production. 


The NEVADO holes were drilled seven km northeast of Focus Graphite's Lac Knife
deposit (indicated resource of 4.938 Mt grading 15.76% Cgr and inferred resource
of 3 Mt grading 15.58% Cgr).


The map of the drill results can be found at:
http://media3.marketwire.com/docs/carte_drill_results_en.pdf


The map of the helicopter-borne survey results can be found at:
http://file.marketwire.com/release/carte_surveyresults_en.pdf


Update on La Blache Project

NEVADO management wishes to underscore that the La Blache Project
(titanium-vanadium-iron) remains without question the Company's flagship
project. Since filing a NI 43-101 technical report with respect to the property,
in July 2012, the Company has worked steadily to increase the project's
long-term value by focusing the bulk of its efforts on two strategic priorities:
1) seeking out and assessing competitive metallurgical processes for the low
cost production of higher-quality titanium based products, and 2) identifying
strategic partners to help with optimal project development and operation.


"While we are very pleased with the results obtained to date from exploration
work on the Fermont graphite project - which, incidentally, perfectly
illustrates the potential of our rich portfolio of mineral properties - we
remain committed to developing the La Blache project, which we feel has mid-term
potential to generate significant value for our shareholders," Mr. Curtis
concluded.


Quality Control 

The 0.5-m to 1.5-m half-core samples were shipped to the ALS Minerals laboratory
in Val-d'Or for sample preparation, with ALS Minerals in Vancouver performing
the assays. These laboratories are ISO/IEC 17025:2005 certified and provide a
very stringent quality assurance/quality control (QA/QC) program that includes
systematic addition of blank, certified-standard and duplicate samples and check
assays. 


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. The technical content of this news release
was reviewed and approved by Denis Villeneuve, Geo., a consultant for NEVADO and
a Qualified Person under NI 43-101. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
NEVADO Resources Corporation
Michael Curtis
President and Chief Executive Officer
(514) 303-7895
www.nevadoresources.com
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