Date: 9th December 2009Exciting vanadium discovery at Calvert...

Date: 9th December 2009


Exciting vanadium discovery at Calvert Hills, NT



Significant outcrops of vanadium and iron mineralisation have been discovered
within the Calvert Hills joint venture tenement in the eastern Northern Territory.

• Rock outcrop sampling of haematite veined hydrothermal breccia averages
0.74% V2O5 (vanadium pentoxide) and 27.7% Fe (iron) over a 250m by 250m
discovery area at the Vanadis prospect.

• Prospective breccia is mapped over wider 900m by 400m area.

• Portable XRF measurements show highly anomalous vanadium values along the
entire 900m axis of breccia outcrop.

• Anomalous patterns in magnetic and satellite imagery indicate the mineralised
breccia system may be developed over a 2km by 2km area.

• The discovery opens the potential for large mineral systems in a new vanadium province.

As I said in my earlier posts ..ALL IS GOOD..

Goodluck to all holders