Audalia Resources Limited announced the latest JORC (2012) compliant resource for the Medcalf Project. A new geological model was built for Egmont, Vesuvius and Fuji along with two new additional prospects, Pinatubo and Kilimanjaro that lie southeast of Fuji. At total of 212 RC holes for 7,340 m and 19 PQ core holes for 839.2 m were used to estimate the resource. All holes were drilled by the company's resources. Blanks, standards and duplicates were inserted into the assay run after every 20th sample for quality control and assurance. The resource model was restricted using a resource limiting shell that meets JORC 2012 that the resource estimated must have potential economic extraction. The lower cut-off for this threshold was calculated to be 0.20% V2O5. The updated Mineral Resource estimate confirms the potential for a viable mining operation at the Medcalf Project and the company continues to progress the environmental approval process.