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.
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