Ann: New Vanadium Assays at Central Deposit Suppo, page-3

re: Ann: New Vanadium Assays at Central Depos... "The Central Vanadium deposit alone equates to over 6 Billion pounds (lbs) of contained Vanadium
Pentoxide (V2O5), which is traded in US$ per pound according to standard market practice. A
commercial Ferro-vanadium project (which is the development goal of NiPlats) can produce a
Vanadium Pentoxide product before further processing to produce the higher value Ferro-
Vanadium alloy. Shareholders and investors interested and wishing to review regular price

movement in Vanadium Pentoxide (V2O5) and Ferro-Vanadium (FeV80) can do so at
www.minormetals.com Please note that Ferro-Vanadium is traded in US$ per kilo. "

$40B resource of Vanadium Pentoxide sounds good to me, not including any PGE, Au, and Cu resources that may yet be defined.