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Company News: Prophecy Resource Corp
Updated: 23 Aug 2010

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
 

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