Date: May 17, 2018

Elko Daily reported that aiming to kick off the first primary vanadium mine in North America, Prophecy Development Corp submitted a plan of operations for the Gibellini vanadium project in Eureka County to the Bureau of Land Management.

Mr John Lee executive chairman of Prophecy in a May 9 statement that “With the filing of our Plan of Operations, Prophecy has achieved an important project milestone today, on schedule and under budget.”

The submitted plan was prepared by SRK Consulting Inc with more than 1,100 pages of detailed development plans for an open pit mine and processing facilities.

The Gibellini Project is expected to produce an average of 15.7 million tons of ore containing 120.5 million pounds of vanadium over a seven-year mine life.

Preliminary facilities include a pit, waste rock disposal facility, mine office and auxiliary facilities.

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