Delivering News That Matters

Prophecy Provides Update on Ulaan Ovoo Mine Preparation, Mongolia

VANCOUVER, BRITISH COLUMBIA–(Marketwire – 08/26/10) – Prophecy Resource Corp. (“Prophecy” or the “Company”) (TSX-V:PCY – News)(Pinksheets:PRPCF – News)(Frankfurt:1P2 – News) Referring to the Mine Services Agreement between itself and Leighton Asia Limited, Prophecy announced today that Leighton has established the required infrastructure and deployed all necessary equipment and manpower (on schedule) to execute long term [...]

Prophecy Reports Measured 524.3 Mt and Indicated 545.7 Mt Coal Resources at Chandgana Khavtgai, Mongolia

VANCOUVER, BRITISH COLUMBIA–(Marketwire – 08/16/10) – Prophecy Resource Corp. (“Prophecy” or the “Company”) (TSX-V:PCY – News)(Pinksheets:PRPCF – News)(Frankfurt:1P2 – News) reports today that the Measured and Indicated coal mineral resources within its Chandgana Khavtgai (“Khavtgai”) coal project located in east central Mongolia exceeds one billion tonnes of coal.
The resource estimate is based on information from [...]

Prophecy and Northern Platinum Ltd. Sign Definitive Agreement, Northern Shareholder meeting set for September 3

Vancouver, British Columbia, July 16, 2010: Prophecy Resource Corp. (“Prophecy”) (TSX-V:PCY, OTC: PRPCF, Frankfurt: 1P2) and Northern Platinum Ltd (“Northern”) (TSX-V: NTH) (together, the “Companies”) are pleased to announce that they have signed a definitive agreement (the “Arrangement Agreement”) in connection with the business combination (the “Transaction”) announced in their joint news release dated June [...]

Prophecy detects strong IP anomaly at its Disco nickel-copper-cobalt Deposit, in Lynn Lake, Manitoba

Vancouver, British Columbia, July 07, 2010: Prophecy Resource Corp. (“Prophecy” or the “Company”) (TSX-V: PCY, OTC: PRPCF, Frankfurt: 1P2) announced today that it has as received the first results of a property-wide surface induced polarization (“IP”) survey conducted during the late-spring of 2010. To date, results have been modeled for the area coinciding with the [...]

Prophecy Commences Summer Exploration Program on its Titan Vanadium, Iron, Titanium Project, Ontario

Vancouver, British Columbia, June 28, 2010: Prophecy Resource Corp. (“Prophecy” or the “Company”) (TSX-V:PCY, OTC: PRPCF, Frankfurt: 1P2) announced today it has commenced an exploration program on its Titan Vanadium/Iron Project. The program comprises 22 line kilometres of linecutting covering over 2.7 square km in 100 m intervals that will extend the current [...]

Red Hill Energy Inc.: Drilling Completed at Prophecy’s Chandgana-Khavtgai Coal Project, Updated NI 43-101 Resource Report Is Expected by August

VANCOUVER, BRITISH COLUMBIA–(Marketwire – 06/21/10) – Prophecy Resource Corp. (“Prophecy” or the “Company”) (TSX-V:PCY – News)(PINK SHEETS:PRPCF – News)(Frankfurt:1P2 – News) is pleased to report the successful completion of its spring exploration program on its 100% owned Chandgana-Khavtgai license in Khentii aimag (province), Mongolia. The work program consisted of 12 drill holes for a total [...]

Prophecy Resource Corp and Northern Platinum Ltd. Sign Business Combination Agreement

Vancouver, British Columbia, June 15, 2010: Prophecy Resource Corp. (“Prophecy”) (TSX-V:PCY, OTC: PRPCF, Frankfurt: 1P2) and Northern Platinum Ltd (“Northern”) (TSX-V: NTH) (the “Companies”) are pleased to announce that they have entered into a binding letter of agreement (the “Agreement”) for a Business Combination through a proposed all share transaction (the “Transaction”).
Financial Terms of the [...]

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