Energizer Resources Provides Business Update

Energizer Resources Inc. (TSX.V: EGZ) (OTCBB: ENZR) (FWB: YE5) (“Energizer” or the “Company”) provides an update on its business strategy and initiatives for 2011 in connection with its 100%-owned Green Giant Vanadium Project in Madagascar.

Energizer Resources Retains the Balloch Group to Find Strategic Chinese Partner

Energizer Resources Inc. (formerly Uranium Star Corp.) (TSX.V: EGZ) (OTCBB:ENZR) (FRANKFURT:YE5) (“Energizer” or “the Company”) announces that it has retained The Balloch Group, based in Beijing, China, to provide the Company with advisory and consulting services in connection with the Company’s Green Giant vanadium project in Madagascar.   The Balloch Group has been retained to assist the Company in identifying potential strategic partners from China to participate in the development of the Green Giant vanadium project and to provide necessary services and support to negotiate and finalize a strategic alliance with a Chinese partner.

Energizer Confirms Up to 82% Vanadium Extraction; Green Giant Deposit Will Play Key Role in New Battery Power and Storage Market

Energizer Resources Inc. (formerly Uranium Star Corp.) (TSX.V: EGZ) (the Company) is pleased to announce final test results from its recent metallurgical program conducted on composite samples from its Green Giant vanadium property in Madagascar. Batch pressure leach tests completed at SGS Minerals Services (Lakefield), consisting of an oxidizing pre-roast followed by an alkaline pressure leach, extracted up to 82% vanadium into a leach solution low in deleterious elements and suitable for upgrading by solvent extraction.

Energizer Resources Announces Appointment of Richard Quesnel to Board of Directors

Energizer Resources Inc. (formerly Uranium Star Corp.) (TSX.V: EGZ) (OTCBB:ENZR) (FRANKFURT:YE5) (“Energizer” or “the Company”) is pleased to announce that Richard Quesnel, President and Chief Executive Officer of Consolidated Thompson Iron Mines Ltd. (TSX: CLM), has been appointed to the Company’s Board of Directors effective October 21, 2010.

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