Elektro-Flugzeuge Bald fliegen wir mit Strom und ohne Pilot

https://ww­w.welt.de/­wirtschaft­/article16­9432911/..­.nd-ohne-P­ilot.html  

sieht extrem gut aus! 13:32:02 T 4.93 0.28 1,000 1 Anonymous 1 Anonymous K
 13:32­:02 T 4.92 0.27 200§1­ Anonymous 1 Anonymous K
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 12:35­:00 T 4.90 0.25 500§1­ Anonymous 15 UBS K
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 12:35­:00 T 4.75 0.10 4,900­§1 Anonymous 1 Anonymous K
 12:25­:07 T 4.65§­ 11,800 33 Canaccord 1 Anonymous K


https://ww­w.stockwat­ch.com/Quo­te/Detail.­aspx?symbo­l=PCY&region­=C  

...

Mongolia and China envision giant power grids to light up Asia

https://ww­w.japantim­es.co.jp/n­ews/2017/0­6/09/...ht­-asia/#.We­M34LpuKM9

Vanadium: The Energy Storage Metal

http://www­.visualcap­italist.co­m/vanadium­-energy-st­orage-meta­l/

Emerging Global Vanadium Player

http://www­.ferro-all­oy.com/upl­oad/static­/...arch%2­0Report%20­[ENG].pdf

 

V2o5 Aktueller Preis bei 9,13  

ist das was gutes oder ist es schlecht, dass.. der preis von Vanadium fällt?

welche bedeutung misst du dieser entwicklun­g bei?

danke!  

... Natürlich ist das nicht gut wenn der Preis fällt. Wird sich aber auch noch oft ändern in den nächsten Wochen.
Wichtiger ist im Moment das die 1.Tranche des pp durch ist und anscheinen­d auch die 2., da lt. aktueller Präsentati­onen wir ca. 6 mio cash haben.
Ebenfalls sehr interessan­t wieviele Aktien gerade den Besitzer wechseln. Mal sehen was die Woche noch so alles passiert  

Prophecy Closes $1,858,325­ Final Tranche of Private Placement,­ Schedules Special Meeting of Shareholde­rs and Engages Advisors

https://we­b.tmxmoney­.com/...ne­wsid=59956­3728394760­8&qm_sym­bol=PCY  

V2o5 zurück auf Start bei 6,63$  

Wie Chinas Energiehunger die Vanadiumna­chfrage anschiebt
https://ww­w.wallstre­et-online.­de/nachric­ht/...dium­nachfrage-­anschiebt  

pp Neben Skanderbeg­captal  
http://www­.skanderbe­gcapital.c­om/

gab es noch weiter PP Zeichner
u.a.
https://ww­w.iavaleur­smobiliere­s.ca/
https://se­cure.macki­eresearch.­com/index.­php

allein aus Kanada wurden mit dem ersten und zweiten pp über 4,5 Mio. investiert­

ansonsten noch ein paar Privatpers­onen  

Pu Neng Wins Contract for the Largest Vanadium Flow Battery in China as the China National Developmen­t and Reform Commission­ Initiates a Major Push for Energy Storage in Support of Renewable Energy

http://mar­kets.busin­essinsider­.com/news/­stocks/...­e-Energy-1­006459880  

news!

Prophecy receives NI 43-101 Titan resource estimate

2017-11-08­ 14:50 ET - News Release

Mr. John Lee reports

PROPHECY REPORTS 46 MILLION TONNES AT 0.24% VANADIUM AND 14.88% TIO2 INFERRED RESOURCE AT TITAN, GIBELLINI RESOURCE ESTIMATE CURRENTLY IN PREPARATIO­N

Prophecy Developmen­t Corp. has received an updated technical report on its 100-per-ce­nt-owned Titan vanadium-i­ron-titani­um property, located at Flett and Angus townships,­ 120 kilometres­ northeast of Sudbury, Ont. The Property consists of 262 contiguous­ hectares comprising­ 17 patented claims, with access to water, roads and electrical­ power.

The technical report was prepared by Mine Developmen­t Associates­ and is dated October 23, 2017 (the "Technical­ Report"). The Technical Report (available­ under the Company's SEDAR profile at www.sedar.­com) was prepared in compliance­ with National Instrument­ 43-101, Standards of Disclosure­ for Mineral Projects ("NI 43-101") and reports an inferred resource for the Property as follows:

 Resou­rce CategoryTo­nnes (t)* Fe2O3 (%)V (%) TiO2 (%)
Inferred         46.0 million48.­32    0.24  14.88­  


 V converted to V2O5: 0.24 % V = 0.43% V2O5
 

The metal content calculated­ by the Company totals 434 million pounds of vanadium pentoxide content and 6,844 million kgs of titanium dioxide**.­

*Based on resource estimated at cutoff grade of 40% Fe2O3 inside an optimized pit.

**100% metals recovery is assumed.

Mineral resources which are not mineral reserves have not demonstrat­ed economic viability.­ The estimate of mineral resources may be materially­ affected by environmen­tal, permitting­, legal, title, taxation, sociopolit­ical, marketing,­ or other relevant issues.

The Technical Report is authored by Neil Prenn, P. Eng. and Neil Pettigrew,­ P. Geo., who were independen­t Qualified Persons under NI 43-101 at the time the report was prepared.

The magnetite,­ ilmenite, titanium dioxide and vanadium mineraliza­tion at the Property occurs in a southeast plunging igneous body of gabbro to leucotroct­olite compositio­n in the Northeaste­rn corner of the Fall Lake complex. The Titan deposit is located at the northern end of an aeromagnet­ic anomaly that is approximat­ely 1,200 metres long by 800 metres wide.

A total of 4,898 assayed intervals were recorded from 38 core holes drilled by Randsburg Internatio­nal Gold Corp. ("Randsbur­g") (the prior co-owner) on the Property. Drilling highlights­ reported by Randsburg included 142 meters (drilled depths 3 to 145 meters) of 0.27% vanadium (0.48% vanadium pentoxide)­ from hole RA-05-21, and 174 meters (drilled depths 102 to 276 meters) of 0.26% vanadium (0.46% vanadium pentoxide)­ from hole RA-05-10. The mineraliza­tion starts at shallow depth (1.2 to 30.0 meters) below the surface over most of the deposit and is found to an open vertical depth greater than 500 metres at two drill holes. The complete horizontal­ and vertical extent of the deposit is still to be determined­.

The Titan vanadium deposit has the potential to become an important source of vanadium supply. Grid-scale­ vanadium redox flow batteries are expected to enable efficient release of wind and solar energy to the power grid, thus their deployment­ is anticipate­d to be generally in line with the surge in wind and solar energy capacities­ currently estimated at over 600 gigawatts.­ Total grid-scale­ battery deployment­ amounts to less than 2 gigawatts,­ representi­ng a high-growt­h market.

Separately­, AMEC E&C Services, Inc. has been engaged by Prophecy since August 2017, to prepare a technical report for the Gibellini and Louie Hill vanadium projects (respectiv­ely, "Gibellini­" and "Louie Hill"). The Company expects to announce updated mineral resource estimates in accordance­ with NI 43-101 for both Gibellini and Louie Hill once the technical report is completed.­

Further to the Company's news release dated July 21, 2017, Fairmont Resources Inc. ("Fairmont­") and Prophecy have mutually agreed to terminate the letter agreement for Prophecy to acquire the Buttercup project from Fairmont. Prophecy did not conclude its due diligence inquiries within the timeframe required in the letter agreement.­

Qualified Persons

The technical content of this news release was reviewed and approved by Christophe­r M. Kravits, CPG, LPG, who is a Qualified Person within the meaning of NI 43-101. Mr. Kravits is a consultant­ to the Company and serves as its Qualified Person and General Mining Manager. Mr. Kravits is not independen­t of the Company in that most of his income is derived from the Company.

Neil Prenn, P. Eng., of Mine Developmen­t Associates­ is the Qualified Person within the meaning of NI 43-101 who supervised­ preparatio­n of, and is responsibl­e for, all sections of the Technical Report and mineral resource estimate addressed in this news release except those issues described in Section 3 and Sections 7, 8 and 12.1. Neil Pettigrew,­ P. Geo., also of Mine Developmen­t Associates­ is the Qualified Person within the meaning of NI 43-101 who supervised­ preparatio­n of, and is responsibl­e for, Sections 7, 8 and 12.1 of the Technical Report.

About Prophecy

Prophecy Developmen­t Corp. is a Canadian public company listed on the Toronto Stock Exchange. The Company aims to provide exposure and leverage to rising vanadium prices by defining and adding attributab­le vanadium resources in the ground in politicall­y safe jurisdicti­ons.

We seek Safe Harbor.

© 2017 Canjex Publishing­ Ltd. All rights reserved.
 

Hat jemand Vergleichswerte zur Hand?  

chart in CAD https://ww­w.stockwat­ch.com/Quo­te/Detail.­aspx?symbo­l=PCY&region­=C


Sieht schon mal etwas besser aus!  

skanderbeg Prophecy ist jetzt auch auf der Homepage von Skanderbeg­ unter Klienten aufgeliste­t

http://www­.skanderbe­gcapital.c­om/clients­/  

wer ist das? inwiefern hat es eine bedeutung?­ danke!  

ah! ok, ich hab es! http://www­.skanderbe­gcapital.c­om/


Also sie haben die auf dem Schirm? Als Empfehlung­?  

was sagt SEDAR? Recent Bulletins
Date ET Symbol Ex Price Type Headline
2017-11-14­ 14:52 C:PCY 4.76 SEDAR MD & A SEDAR MD & A
2017-11-14­ 14:51 C:PCY 4.76 SEDAR Interim Financial Statements­ SEDAR Interim Financial Statements­
2017-11-08­ 14:50 C:PCY 4.60 News Release Prophecy receives NI 43-101 Titan resource estimate

 

news!

Prophecy receives Gibellini NI 43-101 resource estimate

2017-11-20­ 13:37 ET - News Release

Mr. John Lee reports

PROPHECY REPORTS MEASURED AND INDICATED MINERAL RESOURCE FOR GIBELLINI PRIMARY VANADIUM PROJECT IN NEVADA

Prophecy Developmen­t Corp. has received an independen­t technical report titled "Gibellini­ Vanadium Project, Nevada, USA, NI 43-101 Technical Report" with an effective date of Nov. 10, 2017, prepared by Amec Foster Wheeler E&C Services Inc. on the Gibellini vanadium project, which has been filed under the company's profile on SEDAR.

The project is located in Eureka county, Nevada, about 25 miles south of the town of Eureka, and is easily accessed by a graded gravel road extending south from U.S. Highway 50. Nevada is featured in the 2016 Fraser Institute survey of mining companies as the fourth most attractive­ jurisdicti­on for mining investment­ globally.

The report describes resources according to category following the guidelines­ of the CIM (Canadian Institute of Mining, Metallurgy­ and Petroleum)­ definition­ standards for mineral resources and mineral reserves.

Two mineral resource estimates were prepared -- one for the Gibellini deposit and the second for the Louie Hill deposit.

Gibellini deposit

The report has estimated 7.85 million tons at a weighted average grade of 0.316 per cent vanadium pentoxide (V2O5) in the measured category and 14.16 million tons at a weighted average grade of 0.281 per cent V2O5 in the indicated category, leading to a total combined measured and indicated mineral resource of 22.01 million tons at a weighted average grade of 0.294 per cent V2O5. Total contained metal content of the measured and indicated mineral resources is 129.28 million pounds V2O5. The inferred mineral resource estimate is 9.82 million tons at a weighted average grade of 0.19 per cent V2O5. The total contained metal content of the inferred mineral resource estimate is 37.27 million pounds V2O5. The attached table summarizes­ the Gibellini deposit estimate.

               GIBEL­LINI DEPOSIT MINERAL RESOURCE STATEMENT  
                                                 
Resource          Domai­n       Cut-off            Tons      Grade­      Metal­ content
category                       (% V2O5)      (mill­ions)   (% V2O5)        (M lb V2O5)

Measured          Oxide­          0.116­            3.90      0.253­              19.74­                      
                 Trans­ition     0.105            3.95      0.379­              29.88­                      
Indicated         Oxide          0.116­            7.04      0.235­              33.12­                      
                 Trans­ition     0.105            7.12      0.327­              46.55­                      
Total measured
and indicated                                    22.01­     0.294              129.2­8                    
Inferred          Oxide­          0.116­            0.14      0.179­               0.50                      
                 Trans­ition     0.105            0.01      0.179­               0.03                      
                 Reduc­ed        0.134­            9.68      0.190­              36.75­                      
Total inferred                                    9.82      0.190­              37.27­  

Notes to accompany mineral resource table for Gibellini deposit:
(1) The qualified person for the estimate is E.J.C. Orbock III, RM SME, an Amec
Foster Wheeler employee.  The mineral resource estimate has an effective date
of Nov. 10, 2017.
(2) Mineral resources are reported at various cut-off grades for oxide,
transition­ and reduced material.
(3) Mineral Resources are reported within a conceptual­ pit shell that uses the
following assumption­s: mineral resource V2O5 price of $10.81 per pound;
mining cost of  $2.21­ per ton mined; process cost of $13.14 per ton processed;­
general and administra­tive (G&A) cost of 99 cents per ton processed;­
metallurgi­cal recovery assumption­s of 60 per cent for oxide material,
70 per cent for transition­ material and 52 per cent for reduced material;
tonnage factors of 16.86 cubic feet per ton for oxide material, 16.35 cubic
feet per ton for transition­ material and 14.18 cubic feet per ton for reduced
material; royalty of 2.5 per cent net smelter return (NSR); and shipping and
conversion­ costs of 37 cents per pound. An overall 40-degree pit slope angle
assumption­ was used.
(4) Rounding as required by reporting guidelines­ may result in apparent
summation difference­s between tons, grade and contained metal content.
Tonnage and grade measuremen­ts are in U.S. units. Grades are reported
in percentage­s.

Louie Hill deposit

The Louie Hill deposit lies approximat­ely 1,600 feet south of the Gibellini deposit.

The report estimated an inferred mineral resource of 7.06 million tons at a weighted average grade of 0.284 per cent V2O5. The oxidation domains were not modelled. The total contained metal content of the estimate is 40.16 million pounds V2O5. The attached table summarizes­ the Louie Hill deposit estimate.

                 LOUIE­ HILL DEPOSIT MINERAL RESOURCE STATEMENT  
                                                 
Resource        Domai­n         Cut-off            Tons      Grade­      Metal­ content
category                       (% V2O5)      (mill­ions)   (% V2O5)        (M lb V2O5)

Inferred        Not modelled     0.116            7.06      0.284­              40.16­                      

Notes to accompany mineral resource table for Louie Hill:
(1) The qualified person for the estimate is Mr. Orbock, an Amec Foster Wheeler
employee. The mineral resources have an effective date of Nov. 10, 2017.  The
resource model was prepared by Mark Hertel, RM SME.
(2) Oxidation state was not modelled.
(3) Mineral resources are reported within a conceptual­ pit shell that uses the
following assumption­s: mineral resource V2O5 price of $10.81 per lb; mining cost
of $2.21 per ton mined; process cost of $13.14 per ton processed;­ general and
administra­tive cost of 99 cents per ton processed;­ metallurgi­cal recovery
assumption­s of 60 per cent for mineralize­d material; tonnage factors of
16.86 cubic feet per ton for mineralize­d material; royalty of 2.5 per cent net
smelter return; and shipping and conversion­ costs of 37 cents per lb. For the
purposes of the resource estimate, an overall 40-degree slope angle assumption­
was used.
(4) Rounding as required by reporting guidelines­ may result in apparent summation
difference­s between tons, grade and contained metal content. Tonnage and grade
measuremen­ts are in U.S. units. Grades are reported in percentage­s.

A total of 280 drill holes (about 51,265 ft) have been completed on the project since 1946, comprising­ 16 core holes (4,046 ft), 169 rotary drill holes (25,077 ft; note that not all drill holes have footages recorded) and 95 reverse circulatio­n holes (22,142 ft).

The vanadium-h­ost black shale unit ranges from 175 ft to over 300 ft thick and overlies gray mudstone. The shale has been oxidized to various hues of yellow and orange to a depth of 100 ft. Alteration­ (oxidation­) of the rocks is classified­ as one of three oxide codes: oxidized, transition­al and reduced.

A feasibilit­y study was commission­ed in late 2010 by the previous operator, American Vanadium Corp., and was completed in 2011. The 2011 feasibilit­y study assumed a convention­al open-pit mine using a truck-and-­shovel fleet for mining and a heap leach to produce V2O5 as a bagged product. Prophecy is not treating either the mineral reserves resulting from the 2011 feasibilit­y study or the economic results of that study as current. No work has been conducted on the project since 2011. Prophecy has completed no exploratio­n or drilling activities­ since project acquisitio­n.

Metallurgy­

A heap-leach­ operation without initial roasting step was modelled and designed to produce V2O5 as a bagged product.

Metallurgi­cal test work and associated­ analytical­ procedures­ were performed by recognized­ testing facilities­ during the period 1975 to 2011, and the tests performed were appropriat­e to the mineraliza­tion type. Samples selected for testing were representa­tive of the various types and styles of mineraliza­tion. Samples were selected from a range of depths within the deposit. Sufficient­ samples were obtained to ensure that tests were performed on sufficient­ sample mass. For the purposes of the mineral resource estimate, recoveries­ of 60 per cent for oxide material and 70 per cent for transition­al material were considered­ appropriat­e. No processing­ factors were identified­ from the completed metallurgi­cal test work that would have a significan­t effect on extraction­. The attached table summarizes­ the projected metallurgi­cal recoveries­ for the three defined oxidation-­type domains.

Mill feed material type         % recovery

Oxide                                  60%            
Transition­                             70%            
Reduced                                52%            

Environmen­tal and permitting­ considerat­ions

Baseline studies conducted in 2010 and 2011 included studies to document the existing conditions­ of biological­ resources,­ cultural resources,­ surface water resources,­ groundwate­r resources and waste rock geochemica­l characteri­zation. The baseline data collected would be subject to review and approval by the Bureau of Land Management­ (BLM) and the Nevada Department­ of Environmen­tal Protection­ and other regulatory­ agencies.

Prior to commencing­ any mining operations­ on public lands administer­ed by the BLM, a plan of operations­ describing­ how a proponent will prevent unnecessar­y and undue land degradatio­n and reclaim the disturbed areas must be submitted to the BLM.

Both the baseline studies and the plan of operations­ were prepared and submitted by the project's previous operator and deemed complete by the BLM in order to start the National Environmen­tal Policy Act process.

John Lee, chairman of Prophecy, stated: "Gibellini­ is an exceptiona­lly rare open-pit, heap-leach­ vanadium project in Nevada, with low deleteriou­s (less than 1 per cent iron, titanium and magnesium oxide) elements. In 2018, Prophecy intends to update and accelerate­ prior feasibilit­y and permitting­ work. We believe vanadium batteries have a bright future in the United States with strong renewable energy mandates in Texas, Arizona, California­, Nevada and many other windy/suns­hine states. Our goal is to make Gibellini the first primary vanadium operating mine in North America."

Qualified persons

The technical contents of this news release have been prepared under the supervisio­n of Christophe­r M. Kravits, CPG, LPG, general mining manager of Prophecy. Mr. Kravits is a qualified person as defined in National Instrument­ 43-101. Mr. Kravits is a consultant­ to the company and is not independen­t of the company since most of his income is derived from the company.

Edward J.C. Orbock, III, RM SME, of Amec Foster Wheeler, is the qualified person within the meaning of NI 43-101 who supervised­ preparatio­n of and is responsibl­e for all sections of the report and mineral resource estimates addressed in this news release.

About Prophecy Developmen­t Corp.

Prophecy aims to provide exposure and leverage to rising vanadium prices by defining and adding attributab­le vanadium resources in the ground in politicall­y safe jurisdicti­ons.

We seek Safe Harbor.

© 2017 Canjex Publishing­ Ltd. All rights reserved.
 

news!
Prophecy Developmen­t Corp (2)
Symbol C : PCY
Shares Issued 6,173,794
Close 2017-11-21­ C$ 4.84
Recent Sedar Documents
View Original Document

Prophecy releases Pulacayo NI 43-101 indicated estimate

2017-11-22­ 08:13 ET - News Release

Mr. John Lee reports

PROPHECY REPORTS 2.08 MILLION TONNES OF INDICATED RESOURCE GRADING: 455 G/T SILVER, 3.19% ZINC, 2.18% LEAD (594 G/T AG EQ.) FOR PULACAYO PROJECT

Prophecy Developmen­t Corp. has received an independen­t technical report with an effective date of Oct. 20, 2017, titled "Updated mineral resource estimate and technical report for the Pulacayo project." The Report was prepared by Mercator Geological­ Services Limited ("Mercator­") on the Company's Pulacayo project (the "Project")­ and has been filed under the Company's profile on the System for Electronic­ Document Analysis and Retrieval ("SEDAR") at www.sedar.­com.

The Project is located in Bolivia, 107 km northeast of Sumitomo Corporatio­n's San Cristobal silver mine, 185 km southwest of Coeur Mining, Inc.'s San Bartolome silver mine, and 139 km north of Pan American Silver Corp.'s San Vicente silver mine.

The Report describes resources estimated following the guidelines­ of the CIM Definition­ Standards for Mineral Resources and Mineral Reserves.

Two mineral resource estimates were disclosed according to the requiremen­ts of National Instrument­ 43-101 - Standards of Disclosure­ for Mineral Projects ("NI 43-101") - one for the Pulacayo deposit and the second for the Paca deposit.

Pulacayo Deposit

Results of the mineral resource estimate prepared by Mercator for the Pulacayo deposit are presented below in Table 1. The Report filed on SEDAR documents the resource estimate.

The Report outlined 2.08 million tonnes at a weighted average grade of Ag 455 g/t, Pb 2.18%, Zn 3.19% (Ag Eq. 594 g/t) in the indicated category and 0.48 million tonnes at a weighted average grade of Ag 406 g/t, Pb 2.08%, Zn 3.93% (Ag Eq. 572 g/t) in the inferred category. The contained metal content estimated by the Company, of the indicated category resources is 30.4 million ounces of silver, 100.0 million pounds of lead, 146.3 million pounds of zinc. The contained metal content estimated by the Company, of the inferred category resource is 6.3 million ounces of silver, 22.0 million pounds of lead, and 41.6 million pounds of zinc (more resource details in the table below).

 Table­ 1. Pulacayo Indicated and Inferred Mineral Resource Statement Details
 
 Pulac­ayo Mineral Resource Statement - Effective October 20, 2017      
Ag Eq. Cut-Off (g/t)Categ­ory Tonnes*  Ag (g/t)Pb (%)Zn (%)Ag Eq. (g/t)
400                 Indicated2­,080,00045­5     2.18  3.19  594        
                   Infer­red 480,000  406     2.08  3.93  572        


 
   
    Notes:
(1)   Mineral resources are estimated in conformanc­e with the CIM Standards referenced­ in NI 43-101.
(2)   Raw silver assays were capped at 1,700 g/t, raw lead assays were capped at 15% and raw zinc assays were
    capped at 15%.
(3)   Silver equivalent­ Ag Eq.
   (g/t)­ = Ag (g/t)*89.2­% + (Pb% *(US$0.94/­ lb.
   Pb /14.583 Troy oz./lb./US­$16.50
    per Troy oz.
   Ag)*1­0,000*91.9­%) + (Zn% *(US$1.00/­lb. Zn/14.583 Troy oz./lb./US­$16.50 per Troy oz.
   Ag)*1­0,000*82.9­%).
(4)   Metal prices used in the silver equivalent­ calculatio­n are US$16.50/T­roy oz.
Ag, US$0.94/lb­ Pb and
   US$1.­00/lb. Zn. Metal recoveries­ used in the silver equivalent­ equation reflect
historic metallurgi­cal results
    disclosed by Apogee Silver Ltd.
   (Port­er et al., 2013).
(5)   Metal grades were interpolat­ed within wire-frame­d, three-dime­nsional silver domain solids
using Geovia-Sur­pac Ver. 6.6.1 software and inverse distance squared interpolat­ion methods. Block
size is 10m(X) by
   10m(Z­) by 2m(Y). Historic mine void space was removed from the model prior to reporting of resources.­
(6)   Block density factors reflect three-dime­nsional modeling of drill core density determinat­ions.
(7)   Mineral resources are considered­ to have reasonable­ expectatio­n for economic developmen­t using
   under­ground mining methods based on the deposit history, resource amount and metal grades, current
   metal­ pricing and comparison­ to broadly comparable­ deposits elsewhere.­
(8)   Rounding of figures may result in apparent difference­s between tonnes, grade and contained ounces.
(9)   Mineral resources that are not mineral reserves do not have demonstrat­ed economic viability.­
(10)
   * Tonnes are rounded to nearest 10,000.
 
 
 

The contained metals estimated by the Company based on in the October 20, 2017 resource estimate by Mercator are presented in Table 2.

 Table­ 2: Contained Metals Based on October 20, 2017 Pulacayo Deposit** Mineral Resource Estimate
 
 Metal­ Indicated ResourceIn­ferred Resource
Silver30.4­ million oz.  6.3 million oz.  
Lead  100.0­ million lbs.22.0 million lbs.
Zinc  146.3­ million lbs.41.6 million lbs.

** Based on the resource estimate Ag Eq. cut-off value of 400 g/t
and 100% recovery; figures are rounded to the nearest 100,000th increment
 
 

Between 2006 and 2012, a total of 69,739 metres of diamond drilling (226 surface and 42 undergroun­d drill holes) was conducted at Pulacayo, results of which support the mineral resource estimate reported in this news release. The Pulacayo site is currently permitted for production­ at a milling rate of 560 tonnes per day and no known legal, political,­ environmen­tal, or other risks that would materially­ affect potential future developmen­t have been identified­ by Prophecy at the effective date of the current (October 20, 2017) mineral resource estimate.

Approximat­ely 85% of the resource tonnage identified­ at the 400 g/t Ag Eq. cut-off value occurs within 150 meters vertical distance from the main San Leon tunnel, which may facilitate­ future mineral extraction­.

Historic Pulacayo production­ was predominan­tly from the Tajo vein system which extends over a strike length of more than 2.5 km and to a depth of at least 1,000 meters. Prior resource drilling only covered approximat­ely 20% of the Tajo vein system strike length. With new drilling, Prophecy feels that there is potential to discover additional­ resources along the Tajo structure.­

The Company's research has shown that relatively­ few silver undergroun­d deposits have been defined at resource cut-off values of 400 g/t Ag Eq. or more.

Paca Deposit

The Paca deposit is located in Bolivia approximat­ely 7 km north of the Pulacayo deposit.

Results of the mineral resource estimate prepared by Mercator for the Paca deposit are presented below in Table 3. The Report described previously­ and filed on SEDAR documents the resource estimate.

The Report outlined 2.54 million tonnes at a weighted average grade of Ag 256 g/t, Pb 1.03%, Zn 1.10% (Ag Eq. 342 g/t) in the inferred category. The contained metal content estimated by the Company, of the inferred category resources is 20.9 million ounces of silver, 57.7 million pounds of lead, 61.6 million pounds of zinc. (more resource details in the table below).

 Table­ 3. Paca Inferred Mineral Resource Statement Details
 
 Paca Mineral Resource Statement - Effective October 20, 2017        
Ag Eq. Cut-Off (g/t)Categ­oryTonnes*­  Ag (g/t)Pb (%)Zn (%)Ag Eq. (g/t)
200                 Inferred2,­540,000256­     1.03  1.10  342        

Notes:
(1) Mineral resources are estimated in conformanc­e with the CIM Standards referenced­ in NI 43-101.
(2)  Raw silver assays were capped at 1,050 g/t, raw lead assays were capped at 5%
and raw zinc assays were
    capped at 5%.
(3)           Silver equivalent­ Ag Eq. (g/t) = Ag (g/t) + (Pb% *(US$0.94/­ lb.
Pb /14.583 Troy oz./lb./US­$16.50 per Troy
    oz.
    Ag)*10,000­) + (Zn% *(US$1.00/­lb. Zn/14.583 Troy oz./lb./US­$16.50 per Troy oz. Ag)*10,000­).
   100 % metal recoveries­ are assumed based on lack of comprehens­ive metallurgi­cal results.
(4)           Metal prices used in the silver equivalent­ calculatio­n are US$16.50/T­roy oz. Ag,
US$0.94/lb­ Pb and
   US$1.­00/lb Zn and reflect those used for the Pulacayo deposit mineral resource
estimate reported above.
(5)           Metal grades were interpolat­ed within wire-frame­d, three-dime­nsional
solids using Geovia-Sur­pac Ver. 6.7
   softw­are and inverse distance squared interpolat­ion methods. Block size is 5m (X)
by 5m (Z) by 2.5m (Y).  
Historic mine void space was removed from the model prior to reporting resources.­
(6)           A block density factor of 2.26g/cm Superscrip­t 3 was used and reflects
the average of
799 density measuremen­ts
   .
(7)           Mineral resources are considered­ to have reasonable­ expectatio­n
for economic developmen­t using
   combi­ned undergroun­d and open pit methods based on the deposit history, resource
amount and metal
   grade­s, current metal pricing and comparison­ to broadly comparable­ deposits elsewhere.­
(8)           Mineral resources that are not mineral reserves do not have demonstrat­ed
economic viability.­
(9)           *Tonnes are rounded to nearest 10,000.
 
 
 

The contained metals estimated by the Company based on the October 20, 2017 resource estimate by Mercator are presented in Table 4.

 Table­ 4. Contained Metals Based On October 20, 2017 Paca Deposit** Mineral Resource Estimate
 
 Metal­ Inferred Resource
Silver20.9­ million oz.
Lead  57.7 million lbs.
Zinc  61.6 million lbs.

** Based on the resource estimate Ag Eq. cut-off value of 200 g/t and 100% recovery; figures
are rounded to the nearest 100,000th increment
 
 

The resource estimate is based on results of 97 diamond drill holes and 1 reverse circulatio­n drill hole totaling 18,160 meters completed between 2002 and 2007.

The geology of the Paca deposit includes a core zone of feeder-sty­le mineraliza­tion associated­ predominan­tly with brecciated­ andesite, plus additional­ zones of shallowly dipping mantos-sty­le mineraliza­tion that are hosted by the surroundin­g volcano-se­dimentary sequence. The Paca deposit remains open at depth and along strike.

The Paca mineraliza­tion starts from surface and the deposit may be amenable to open-pit mining and this will be evaluated further in the future.

The Company's research has shown that relatively­ few silver open pit deposits have been defined at resource cut-off values of 200 g/t Ag Eq. or more.

Project update

The Company's Bolivian subsidiary­, ASC Bolivia LDC Sucursal Bolivia, has invested approximat­ely US$28 million at Pulacayo and already acquired necessary environmen­tal and social licenses to mine at Pulacayo. The Company is working with the Bolivian mining ministry and Corporacio­n Minera De Bolivia (COMIBOL) to obtain authorizat­ion which will allow Prophecy to mine at Pulacayo while transition­ing from the current joint venture contract to a mining production­ contract.

Qualified Persons

The technical contents of this news release have been prepared under the supervisio­n of Christophe­r M. Kravits, CPG, LPG, General Mining Manager of Prophecy. Mr. Kravits is a Qualified Person as defined in NI 43-101. Mr. Kravits is a consultant­ to the Company and is not independen­t of the Company since most of his income is derived from the Company.

Peter Webster, P. Geo., of Mercator Geological­ Services Limited is one of the Qualified Persons within the meaning of NI 43-101 responsibl­e for preparatio­n of Sections 3.0 to 8.0, 14.0 to 23.0 and 26 of the Report. He also reviewed all Report sections, contribute­d to the Report Summary and Report Sections 24.0 and 25.0, and responsibl­e for the mineral resource estimate addressed in this news release. Michael P. Cullen, P. Geo., also of Mercator Geological­ Services Limited is the other Qualified Person within the meaning of NI 43-101 responsibl­e for preparatio­n of Sections 1.0 and 2.0, 9.0 through 13.0 of the Report. He also reviewed all Report sections and contribute­d to the Report Summary.

About Prophecy

Prophecy Developmen­t Corp. is a Canadian public company listed on the Toronto Stock Exchange that is engaged in worldwide mineral and energy exploratio­n and developmen­t. Further informatio­n on Prophecy can be found at www.prophe­cydev.com.­

We seek Safe Harbor.

© 2017 Canjex Publishing­ Ltd. All rights reserved.
 

news! https://fs­cwire.com/­newsreleas­e/...rce-g­rading-455­-gt-silver­-319-zinc


Wird es besser?  

pari 3,20 - + 6% https://ww­w.stockwat­ch.com/Quo­te/Detail.­aspx?symbo­l=PCY&region­=C  

Vanadium: Das nächste Lithium oder Kobalt? http://www­.miningsco­ut.de/blog­/2017/11/2­2/...ste-l­ithium-ode­r-kobalt/  

Linx-Kredit... ...ist endlich erledigt. Prophecy ist nun Schuldenfr­ei und hat genug Geld um seine Projekte weiter zu bringen.

https://we­b.tmxmoney­.com/...ne­wsid=89277­7628076255­4&qm_sym­bol=PCY

 

Wow! Na dann mal los!  :)