Largo Resources Ltd. reported production results for the fourth quarter and full year of 2019. For the quarter, the company's Maracás Menchen Mine Production - Total Ore Mined (tonnes) was 329,792 compared to 256,436 a year ago, Ore Grade Mined - Effective Grade was 1.36% compared to 1.33% a year ago. Concentrate Produced (tonnes) was 100,879 compared to 92,190 a year ago, Grade of Concentrate was 3.28% compared to 3.27% a year ago and Contained V2O5 (tonnes) was 3,310 compared to 3,016 a year ago. V2O5 produced (tonnes) was 3,011 compared to 2,595 a year ago.

For the full year, the company's Maracás Menchen Mine Production - Total Ore Mined (tonnes) was 1,156,016 compared to 822,795 a year ago, Ore Grade Mined - Effective Grade was 1.34% compared to 1.30% a year ago. Concentrate Produced (tonnes) was 382,501 compared to 343,126 a year ago, Grade of Concentrate was 3.29% compared to 3.41% a year ago and Contained V2O5 (tonnes) was 12,580 compared to 11,718 a year ago. V2O5 produced (tonnes) was 10,577 compared to 9,830 a year ago.

The company provided annual V2O5 production guidance and annual sales guidance for the year 2020. The company annual V2O5 production guidance to be in the range of 11,750 tonnes to 12,250 tonnes.

For the year, the company annual sales guidance to be in the range of 9,500 tonnes to 10,000 tonnes.