Real-Time News, Market Data and Stock Quotes For Junior Mining Stocks.
Source: www.juniorminingnetwork.com
Prophecy Development Corp, a junior mining company focused on developing the Gibellini project in Nevada, US, recently announced positive vanadium assay results from its Fall 2018 exploration program comprising 155 assays at three prospects located ~5km of existing Gibellini vanadium NI43-101 compliant resource pit. Of the total 155 assays, 48% or 75 samples have V2O5 grades greater than the Gibellini deposit’s cut-off grade of 0.101% V2O5 at $12.5/lb. In terms of results by prospect, Middle Earth had 68% or 34 of its total 50 samples returning assays above the cut-off and 27 samples returning assays >0.200 V2O5. At Big Sky, 40% or 25 of the total 62 samples returned assays above the cut-off while 16 samples returned assays >0.200 V2O5. At Northeast Trench, 37% or 16 of the 43 total samples returned assays above the cut-off while 3 samples returned assays >0.200 V2O5.
