Highlights:

  • Gibellini is most advanced vanadium project in North America;
  • Fraser Institute upgraded Nevada to be TOP jurisdiction in the world in mining investment, up from third place in 2017;
  • Gibellini is to complete all base line studies in 2018 to trigger EIS process by year end;
  • EIS process mandated under secretarial order 3355 is a 12 month  process;
  • Gibellini all in sustaining cost is $6.28/lb, current vanadium price is $17/lb.

 Futher details can be found at www.prophecydev.com

About Prophecy

Prophecy is developing the Gibellini project – the only large-scale, open-pit, heap-leach vanadium project of its kind in North America. Located in Nevada, Gibellini is currently undergoing EPCM and permit development. Further information on Prophecy can be found at www.prophecydev.com.