Geology
The 11-foot thick Paris Hills Vanadium bed occurs between the upper and lower phosphate zones. In the historic ESI exploration work, reference is made to 47 drill holes, and results for 34 have thus far been located. Also, ESI conducted test mining in 1974, driving 900 ft of tunnel within the vanadium rich beds, and in 1975, driving 2,700 ft of tunnel in the upper phosphate bed. The historic resources estimates were based on the results of drilling, sampling, test mining, metallurgical testing, and engineering.

Rocky Mountain Resources Corp. has begun a thorough review of the existing data obtained from ESI, is mobilizing a rig scheduled to drill up to 10 confirmatory holes totaling up to 7,000 feet beginning September 15, 2008, and will update the geological model and database with the objective of developing a CIM compliant resource and issuing a
43-101 technical report before the end of 2008.

Mineralization/Deposit Type
The Paris Hills property encompasses some 2,100 acres stretching from Bloomington Canyon on the south through Paris Canyon on the north. The property holding is a complex mixture of private, state, and federal mineral leases and exploration permits, and pending applications involving private land and federal phosphate reserve. As the figure above shows, ESI focused drilling on the southern portion of the property, near Bloomington Canyon, in the 1970s.