Energizer Resources releases technical report on Green Giant Vanadium Project

Energizer Resources Inc. (formerly Uranium Star Corp.) (OTCBB:URST) (FRANKFURT:YE5) announces it has completed and filed on SEDAR and EDGAR its NI 43-101-compliant technical report for the explored portion of its Green Giant Vanadium Project in Madagascar.

The report was prepared by PEG Mining Consultants and confirms that the exploration programs completed in 2008 and 2009 have established at least two large-scale, vanadium deposits exist on the Green Giant Property and that the property merits an aggressive resource definition exploration program consisting of exploratory and infill diamond drilling over vanadium-bearing zones.

Energizer Resources’ previous reported and favorable assay results confirmed the Manga zone has a high-grade core that is open along strike and at depth, and has been defined over a strike length of 500 meters. The 2010 drill program is expected to commence in May after the end of rainy season, and will focus on expanding the Manga zone over a strike length of 3,000 meters.

Infrastructure synergies and cost benefits

A large Sakoa coalfield, approximately 30 kilometers northwest of the Green Giant Vanadium Project, is being developed by Asia Thai Mining (Pan African Mining) and Red Island Minerals. Construction is expected to commence in early 2010 and will include a new port facility, road and railroad from the coast to the coalfield, a coal-fired power plant to generate electricity, and a major water pipeline. Based on the information provided to Energizer Resources by Asia Thai Mining, much of the proposed infrastructure for the coal project will be relevant to the Green Giant Vanadium Project and is expected to provide significant cost savings for both capital and operating components of the company's Green Giant Vanadium Project. Energizer Resources is continuing to investigate the potential synergies between these two projects.

Exhibit at 2010 PDAC

Energizer Resources will once again be attending and exhibiting at the Prospectors & Developers Association of Canada (PDAC) mining show, Booth # 2348 at the Metro Toronto Convention Centre, South Building, March 7 – 10. Shareholders and attendees at the show will have a chance to hear first-hand the latest updates on the company’s Green Giant Vanadium Project in Madagascar.

Learn more and see up-to-date pictures from the field at: Energizer Resources Inc.