Prophecy Development Corp. is pleased to announce that it has signed an agreement with Monitor Ventures Inc. for the right to access and use information related to the Gibellini vanadium project which was commissioned, compiled and held by Monitor. Monitor had been developing the project since 2007 only to relinquish it due to the low vanadium pentoxide price of around USD 2.50/lb in 2016. The price of vanadium pentoxide [...]
Vancouver, British Columbia - Prophecy Development Corp. is pleased to announce that following a meeting between the Company and staff of the Battle Mountain District-Mt. Lewis field office of the Bureau of Land Management on March 23, 2018, Prophecy’s Gibellini vanadium project will be one of the first projects to undergo National Environmental Policy Act review under Secretary of the Interior Order No. 3355 with the [...]
Vancouver, British Columbia - Prophecy Development Corp. is pleased to provide the following updates on its Pulacayo and Paca silver-lead-zinc projects in Bolivia, and Ulaan Ovoo and Chandgana Projects in Mongolia. Bolivia: A delegation led by the Bolivian Minister of Mining and Metallurgy attended the Prospectors & Developers Association of Canada mining conference in Toronto earlier this month. The Minister discussed [...]
Vancouver, British Columbia - Prophecy Development Corp. is pleased to announce it has entered into a technical advisory and cooperation agreement with Northwest Nonferrous Metals Mining Group Co., Ltd. to advance the Gibellini vanadium project located in the mining-friendly Battle Mountain region in northeastern Nevada, USA. The scope of work for NWME includes technical design and engineering of vanadium ore processing [...]
Vancouver, British Columbia - Prophecy Development Corp. is pleased to announce that the Company’s Common shares have begun trading on the premier tier of the OTC Markets Group in the United States: the OTCQX® Best Market. The ticker symbol is “PRPCF”. Investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com. Dorsey & Whitney LLP will serve as Prophecy’s [...]
Vancouver, British Columbia - Prophecy Development Corp. is pleased to announce the following executive management appointments: Michael Drozd, Vice-President, Operations Based in Elko, Nevada , Mr. Drozd has 40 years of experience in underground and open pit mining operations, hydrometallurgical and mineral processing facilities, mining project development, metallurgical research and development, and design and [...]
Vancouver, British Columbia - Prophecy Development Corp. is pleased to announce that it has successfully acquired an additional 105 unpatented lode mining claims located adjacent to its existing Gibellini project in Eureka County, Nevada, through the arm’s-length acquisition of 1104002 B.C. Ltd., a privately held company incorporated in British Columbia, and its subsidiary, a privately held company incorporated in Nevada [...]
Vancouver, British Columbia - Prophecy Development Corp. announces further to its news release updating the status of the Company’s Titan property dated July 11, 2017, that Prophecy has now received results from batch metallurgical testing of samples obtained from its Titan property. The Company’s 100% owned, Titan vanadium-iron-titanium property is located at Flett and Angus Townships, 120 kilometres [...]
Vancouver, British Columbia - Prophecy Development Corp. is pleased to announce that shareholders of the Company approved all of the proposed resolutions at the Company’s Special Meeting of shareholders held on December 15, 2017 in Vancouver, British Columbia. An ordinary resolution of the shareholders of the Company was approved with respect to the issuance of 1,139,711 units underlying an equivalent number of special [...]
Vancouver, British Columbia - Prophecy Development Corp. is pleased to announce that it has significantly expanded the land position at its Gibellini project, located in Nevada’s Battle Mountain region, about 25 miles south of the town of Eureka. Staking A total of 198 new claims have been staked immediately adjacent to the Gibellini project covering 4091 acres that are sufficient to enable future vanadium mining [...]
Vancouver, British Columbia - Prophecy Development Corp. is pleased to announce that it has closed-out its revolving credit facility agreement dated March 12, 2015, as amended with Linx Partners Ltd. , a company wholly-owned and controlled by John Lee, Executive Chairman of Prophecy. The Company is now debt-free and sufficiently funded to carry-out feasibility and permitting work for its Gibellini vanadium project in [...]
Vancouver, British Columbia - Prophecy Development Corp. has received an independent technical report with an effective date of October 20, 2017 titled “Updated Mineral Resource Estimate and Technical Report for the Pulacayo Project” . The Report was prepared by Mercator Geological Services Limited on the Company’s Pulacayo project and has been filed under the Company’s profile on the System for [...]
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