This could be worth Squillions?, page-33

...sometimes a little annoyed with BRD... as vanadium is another 'spunk' word they fail to use ...

i.e...they have a resource of vanadium
http://www.*.com.au/companies/news/...om-iron-ore-drilling-at-unaly-hill-10193.html

Wednesday, September 22, 2010 by Jeff Coote

http://www.*.com.au/genera//img/companies/news/ironore3_350_4c991126de601.jpg
Black Ridge Mining (ASX: BRD) has reported good grade iron ore and vanadium results from drilling at its fully owned Unaly Hill prospect (E57/420), located in the mid west region of Western Australia, with wide drill intersections up to 50m @ 37.8% Fe - 0.72% V2O5 - 10.01% Ti O2.

Black Ridge commenced drilling on July 23 and the programme comprised 13 Reverse Circulation holes for a total of 2066 metres.

5.5 kilometres of drill tested mineralisation was identified and a further 7.5 kilometres of the same aeromagnetic structure has yet to be tested.

Drilling confirmed mineralisation open both along strike and to a vertical depth of 300 metres and there are excellent benefication characteristics to produce high grade iron– vanadium concentrate.

The Unaly Hill project is located in the Mid-West iron ore province 50 kilometres South of Sandstone, in the East Murchison Mineral Field.

The project is favourably located within the emerging Mid-West, where Oakajee Port and rail (OPR) are reaching completion of their rail and port project that will service the region’s mining needs.

Unaly Hill’s Vanadium grades compare favourably to that of Atlantic’s (ASX: ATI) Windimurra project, located 30 km to the west, which is scheduled to recommence production in 2011, based on a JORC reserve of 97Mt grading 0.47% V2O5.

Investors should note that Unaly Hill benefits from near surface mineralisation. Windimurra is also connected to the Dampier- Bunbury gas pipeline that reasonably could be expected to provide a similar power source to Unaly Hill.

Other mining companies in the area include Gindalbie Metals (ASX: GBG) at Karara – Probable magnetite Reserve for 189 Mt. 36.3% Fe and Mid-West Corporation / Sinosteel at Weld Range – Measured - Indicated - Inferred Resource 149.2 Mt. for 87.13Mt. Fe.

Drilling was designed primarily to test both the continuity and grade of magnetite and vanadium mineralisation present within a major north-south-trending magnetic anomaly detected from the interpretation and 3D modelling of detailed airborne magnetic surveys.

This major anomaly has been traced over a strike length of 14 kilometres of which at least 11 kilometres fall within Black Ridge’s E57/420. 7.5 kilometres of this anomaly still remains to be tested.

The Four Corners Well (E57/760) is adjacent to and south of Black Ridge’s E57/420 covering some 2 kilometres of the same mineralised magnetic structure........"

http://file:///C:/Users/New/Downloads/4e5d23a8-d64b-4872-abcd-4c203778bf31-BRD567494%20(6).pdf

"21 November 2011 Unaly Hill Project Maiden Inferred Resource (E57 / 420) Western Australia Highlights

• Significant vanadium Inferred Resource with over 86 million tonnes of 0.42% V2O5 at a 0,30% cut-off grade • Confirmation of similar mineralization type to Quest Minerals Limited’s (QNL) Victory Bore Deposit • Two significant high-grade zones • The deposit remains open along strike and depth with strong potential to increase the estimated resource"

The future work program at Unaly Hill is of potential high impact to the Company as it will further define the significant gold anomalies in the block, but also test for lithium in this unique and highly mineralific geologic area. In addition, the Company will trial its resource imaging technology within the block in order to establish if the technology has the ability to define ore bodies associated with valuable mineral deposits based on the piezoelectric potential of minerals within the ore body."
an oil and gas stock

so what do we have here ...

an oil and gas stock
a food stock
a water stock
a green energy stock..and they have not even scratched at the vanadium resource...
a precious metal stock...not scratcched ...
a tech stock
...ooooh and something which might detect lithium?
a stock X squillions....
$1 000 000 000 ...is not even pumpin'
and if times are hard... we have  tax deductible equipment which has 90% success
it may be in demand...