Company News: Prophecy Resource Corp
Updated: 21 May 2012
Prophecy Resource Corp. (TSX-V: PCY, OTC-QX: PRPCF, Frankfurt: 1P2 ) controls over NI-43-101 compliant Measured and Indicated mineral resources of 263 million pounds of nickel, 1.4 billion tonnes of coal and 116 million pounds of copper as well as inferred resources of 82 millions pounds of nickel and 593 million pounds of copper. (click here for resource page). The Company's Ulaan Ovoo Coal Project, Mongolia is expected to be in production this year. Prophecy also holds properties with significant exposure to vanadium and titanium. All of Prophecy's coal assets are located in Mongolia with its remaining assets located in Canada. The Company is currently reviewing additional opportunities for significant growth.
Business Category Exploration; Mining
Regions of Operation North America; Central and Northern Asia; Middle-East Asia
Exchange Ticker PCY
Financial Information
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Exchanges listed on TSX-V
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2060-777 Hornby Street (20th floor)
- Vancouver
- BC
- V6Z 1T7
- Canada
Speaker Biography
Most Recent Company News
- Prophecy's bulk Wellgreen option - 22 Jul 2011 12:01pm
An independent estimate has calculated bulk-mineable resources for the Wellgreen platinum group metals (PGM)-nickel-copper deposit in Canada’s Yukon Territory, reported owner Prophecy Platinum Corp Read more... - Chandgana Tal licence - 11 Feb 2011 11:10am
Prophecy Resource Corp has received a mining licence for its Chandgana Tal coal deposit in Mongolia Read more... - Frontier territory - 01 Oct 2010 10:54am
Mongolia is one of the few remaining frontiers of mining, promising riches from its vast steppes Read more... - Coal’s future still secure - 24 Sep 2010 10:59am
Coal remains one of the world’s most important energy sources Read more... - Prophecy outlines 1Gt at Chandgana Khavtgai - 20 Aug 2010 11:49am
Prophecy Resource Corp has completed a resource estimate for its Chandgana Khavtgai coal deposit in Mongolia, outlining more than 1,000Mt in measured and indicated categories Read more...
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MJ 18/05/12
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