Prophecy Development Corp. is pleased to announce that it has commenced district exploration program at its Pulacayo project. The exploration team will be conducting geological mapping, with relevant sampling and possible trenching on the property. Induced polarization geophysics will be conducted in tandem with the field program, with 106 line-kilometers of survey having been outlined. The program is expected to be [...]
Prophecy Development Corp. announces that it has recently completed a 2,598-meter, 16-hole Pulacayo step out drill program. Significant results of the program are tabulated below: Hole ID From To Interval Ag Zn Pb AgEq Target PUD267* 31.5 67 35.5 54.3 4.31 0.92 229.6 West 117 123 6.0 47.8 1.11 0.25 89.7 West PUD268 21 23 2 20 1.34 0.77 92.6 West PUD274 75 77 2 93.5 0.42 98.8 East PUD274 82 83 1 83 0.09 77.4 East *First [...]
Prophecy Development Corp. is pleased to announce the first step-out diamond drilling results from its 100%-controlled Pulacayo silver project in the Potosi department of Bolivia. Borehole PUD 267 intercepted 10 meters of mineralization grading 147 g/t silver, 9.8% zinc, and 2.0% lead within 35.5 meter mineralization grading 230 g/t AgEq starting 31.5 meters downhole. PUD 267 marks Prophecy's first Pulacayo drill hole of [...]
Prophecy Development Corp. is pleased to provide the following update on its 100% owned Pulacayo silver project located in Bolivia. Further to its news release dated December 18th, 2019, Prophecy reports it has completed the first 3 holes of the planned 17 drill holes at the Pulacayo project. These step-out drill holes are located 25-, 50- and 115 meters west of the existing Pulacayo resource model. The first assay [...]
Prophecy Development Corp. is pleased to announce that it has engaged Ken Cotiamco to provide investor relations and shareholder communications services for the Company effective January 6, 2020. In connection with the engagement, Ken Cotiamco has been awarded a consulting contract paying $4,000 per month for a term of three months and 100,000 incentive stock options, exercisable at a price of $0.41 per common share for a [...]
Prophecy Development Corp. Dear Investors, Prophecy had an outstanding 2019. We bolstered our silver-focused technical team by recruiting two mining engineers to the Board of Directors: Marc Leduc and Ron Clayton . We recruited a CEO: Mike Doolin, who earlier commissioned three mines at Klondex Mines Ltd. . Finally , Prophecy hired two full time geologists to work at Pulacayo and scout out regional projects. Otherwise, We [...]
Prophecy Development Corp. will hold a special meeting of shareholders on March 16, 2020 at 10:00 AM at Suite 2600 - 1066 West Hastings Street, Vancouver, British Columbia, V6E 3X1. At the Special Meeting, shareholders will be asked to approve a change of the Company name to "Silver Elephant Mining Corp." with a new proposed TSX ticker symbol ELEF, to best reflect the Company's focus in developing its Pulacayo silver [...]
Prophecy Development Corp. is pleased to announce that phase two drilling has started at its Pulacayo-Paca silver-zinc-lead project in Bolivia. It is a 5,000-meter program that will consist mainly of wide step-out drilling up to 1.5km west of the current 43-101 Pulacayo resource. That current Pulacayo resource covers 1.4 km in strike and represents only a small portion of the Tajo vein system which is over 3 km in strike [...]
Prophecy Development Corp. announces, further to the Bolivian Tax Claim contingency discussed in the Company's Q3 financial reports. On November 18, 2019 Prophecy received the 18-page Resolution No. 195/2018 issued by the Supreme Court of Bolivia, signed by all of its nine judges. It declares that the contentious tax claim of US$ 6,556,787 brought by Bolivia's General Revenue Authority against a Prophecy's Bolivian [...]
Prophecy Development Corp. is pleased to announce the appointment of Ms. Brigitte McArthur as Corporate Secretary of the Company. Ms. McArthur brings over 30 years' experience working with private and publicly trading companies. Previous to joining the Company, Ms. McArthur served as Corporate Secretary of Nevsun Resources Ltd. until being acquired by Zijin Mining Group Company Limited. Throughout her extensive [...]
Prophecy Development Corp. is pleased to announce that it has submitted, through its wholly owned US subsidiary Nevada Vanadium, the applications and Engineering Design Reports for the primary mining permits that govern project construction, operations and closure for its Gibellini Vanadium Project located in Eureka County, Nevada, USA to the Nevada Division of Environmental Protection with copies provided to the Bureau [...]
Prophecy Development Corp. is pleased to announce the appointment of Joaquin Merino-Marquez as Company's Vice President, South American Operation, based in Bolivia effective November 1, 2019. Joaquin is a Professional Geologist with 27 years of experience in the mining industry. Prior industry affiliations include roles as Vice President, Exploration for Primero Mining Corp. and Vice President Exploration for Apogee [...]
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