Project Description: 

> Figure 1, Property location Mouse over to zoom, Click to enlarge.

> Figure 2, Land Position: 2155 licences, 1052.7 km2 Mouse over to zoom, Click to enlarge.

> Figure 3, Green Giant's 21km Vanadium trend increased by 30km on Malagasy JV Property Mouse over to zoom, Click to enlarge.

The Malagasy JV Vanadium Project, located in Madagascar adjacent to Energizer’s Green Giant Project, is a Joint Venture between Energizer Resources and Malagasy Minerals Limited (ASX:MGY) of Australia for the exploration and development of industrial minerals such as Vanadium and Graphite.

Primary Product: Vanadium (V₂O₅ or Vanadium Pentoxide) in high-purity form (99.5%).

Property Location: South Central Madagascar, 145 km SE of the city of Toliara, Tulear Region (Figure 1).

Land Position: 2155 licences, 1052.7 km2 (36 licences 100% owned, 2119 JV licences 75% owned) (Figure 2).

2011 Work Program

The signing of the JV agreement with Malagasy in November, 2011 for the exploration and development of industrial minerals, prompted reconnaissance exploration to ascertain the industrial mineral potential of the joint venture property. The objective of the program was to delineate the extension of the Vanadium trend found on the Green Giant property onto the adjacent Malagasy JV property.  The specific work programs included:

•   1 diamond drill holes (85 metres)
•   437 Grab Samples
•   Ground Reconnaissance Survey with XRF Analyzer

Vanadium Trend Extended On To JV Property by 30 km (Figure 3)

The 21 km vanadium trend found on the Green Giant property has now been increased by an additional 30 km on the Malagasy JV property. This trend was delineated through the analysis of soil samples with a hand-held XRF analyzer at 25 metre station intervals, and 200 metre line spacing. XRF analysis was an invaluable tool in delineating the original Green Giant vanadium trend, and enables the Company to make ‘real-time’ exploration decisions based on field results.

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