Randsburg International Gold Corp. has entered into a definitive agreement with Prophecy Resource Corp. whereby Prophecy has been granted the option to earn an 80% interest in its Titan Vanadium-Titanium-Iron project located in Ontario, Canada. The agreement is subject to regulatory approval. The Titan project is located in NE Ontario, straddling the boundary between Angus and Flett Townships with access to excellent infrastructure. It is approximately 120km east-northeast of Sudbury, Ontario. The Titan property consists of 1052 contiguous hectares comprising 17 patented claims and 3 mining claims. Under the agreement, Prophecy shall have the right to acquire an 80% interest in the Titan Project by paying Randsburg an aggregate of USD 500,000 and incurring USD 200,000 in Exploration Expenditures by 31 December 2010. Randsburg has the option to sell its remaining 20% interest in the project to Prophecy until 31 December 2012 for USD 150,000 or 400,000 common shares of Prophecy.