GREY:CECBF - Post by User
Post by
PetroLoonie1on Nov 01, 2018 4:47pm
112 Views
Post# 28910736
PCY Bought Deal with BMO re Gibellini Vanadium Deposit
PCY Bought Deal with BMO re Gibellini Vanadium Deposit https://globenewswire.com/news-release/2018/11/01/1641670/0/en/Prophecy-Development-Corp-Announces-C-5-5-Million-Bought-Deal-Financing.html Bisoni Mackay and Bisoni Rio vanadium properties very similar to Gibellini but we have a higher grade:
NI 43-101 (2016) Indicated Resources estimated at 11,879,590 tons at an average grade of 0.39% V2O5 and Inferred Resources estimated at 7,048,056 tons at an average grade of 0.42% V2O5
Gibellini = Total M+I 22 million tonnes averaging 0.294% V2O5: page 10-1 in 43-101 link below
https://www.prophecydev.com/files/Gibellini_10Nov2017_final.pdf