announcement

Announcement on completion of field season. Assays pending. Hasn't exactly set the market on fire as of yet.

HIGHLIGHTS

2008 field programme completed 18 September 2008

10,912m of RC drilling in 100 holes and 1,500m of Diamond Core drilling in 6
holes has been successfully completed targeting vanadium, platinum, fluorite
and copper/gold with assay results pending.

The outcropping Central Zone hosting vanadium and platinum mineralisation,
within a 50 metre thick magnetite gabbro unit, has been expanded to an area
comprising 6 km by 1.7 km (previously 3.5 km by 1.6 km).

Two new areas prospective for vanadium/platinum identified and tested by
drilling.

Resource estimates on each of the three vanadium zones are planned for completion upon receipt of assays.