Silver Elephant Mining Corp.

Prophecy Resource and Pacific Coast Nickel, and collectively with Prophecy, the are pleased to announce that further to their announcements on January 18, 2011 and February 17, 2011, they have signed the definitive arrangement agreement to sell Prophecy's Wellgreen PGM Ni-Cu and Lynn Lake Nickel projects to PCNC.

Pursuant to the Arrangement Agreement, the transaction will be implemented by way of a plan of arrangement [...]

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 04/01/11 -- Prophecy Resource Corp. (TSX VENTURE: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) ('Prophecy' or the 'Company') is pleased to announce the appointment of Mr. Jivko Savov as a non-executive director of the Company.

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/23/11 -- Prophecy Resource Corp. ('Prophecy' or the 'Company') (TSX VENTURE: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) is pleased to provide the following update on its open pit coal operation at its 100% owned, Ulaan Ovoo mine in Mongolia:

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/17/11 -- Prophecy Resource Corp. ('Prophecy' or the 'Company') (TSX VENTURE: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) is pleased to announce that Mr. Chuluunbaatar, President and Chairman of the Monnis Group of Companies, Mongolia ('Monnis') has been appointed to Prophecy's Board of Directors. Monnis, headquartered in Ulaanbaatar, Mongolia, is one of Mongolia's largest

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VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/11/11 -- Prophecy Resource Corp. ('Prophecy' or the 'Company') (TSX VENTURE: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) reports that it has acquired 5,000,000 common shares of Compliance Energy Corporation ('Compliance'), representing approximately 8% of Compliance outstanding shares by means of a non-brokered private placement. Compliance's majority interest is the Raven Coking

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VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/02/11 -- Prophecy Resource Corp. ('Prophecy' or the 'Company') (TSX VENTURE: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) is pleased to announce that it has made the following senior appointments: Paul F. Venter: VP Energy Operations. Ulaan Baatar and London

Prophecy Resource and Pacific Coast Nickel are pleased to announce that PCNC will resume trading at market open on March 2. On February 17, Pacific Coast Nickel Corp. and Prophecy Resource Corp. entered into an amending agreement in respect of the binding letter of agreement dated January 17, 2011 whereby PCNC will acquire Prophecy's Nickel PGM projects by issuing 450 million common shares to Prophecy. The Amending [...]

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/18/11 -- Prophecy Resource Corp. ('Prophecy' or the 'Company') (TSX VENTURE: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) has received preliminary results from its ongoing metallurgical study on the amenability of its Lynn Lake resource to the bioleach process. The bioleach study is being conducted by Mintek in South Africa and overseen by Andy Carter, Manager of Metallurgical

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VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/17/11 -- Prophecy Resource Corp. ('Prophecy') (TSX VENTURE: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) and Pacific Coast Nickel Corp. ('PCNC') (TSX VENTURE: NKL) (the 'Companies') are pleased to announce that they have entered into an amending agreement (the 'Amending Agreement') in respect of the binding letter of agreement dated January 17, 2011 ('LOI') whereby PCNC will

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VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/08/11 -- Prophecy Resource Corp. ('Prophecy' or the 'Company') (TSX VENTURE: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) reports today that it has received the full mining license from the Mineral Resources Authority of Mongolia for the Chandgana Tal ('Tal') Deposit in Mongolia. Tal contains 141 million tonnes of Measured coal(i) and is located 9 kms north of Prophecy's Chandgana

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