Prophecy Advancing Gibellini Vanadium Project

Prophecy Development (TSX:PCY,OTCQX:PRPCF, FWB:1P2N) reports that it has engaged NewFields Companies, LLC, an environmental, engineering, and construction management consulting firm to advance permitting and environmental impact statement preparations for the Gibellini vanadium project.

Prophecy Development is a Canadian company working to develop the Gibellini vanadium mining project in the Battle Mountain region of northeastern Nevada.

As quoted from the press release:

Prophecy’s and NewFields’ teams will work closely with the Bureau of Land Management, the Nevada Division of Environmental Protection and other federal and state permitting agencies to target the filing of all major permitting applications by the end of 2019. Prophecy anticipates that the Gibellini EIS will not be more than 150 pages and the EIS notice of intent will be triggered in 2019. Should that occur, the EIS decision for the project may be rendered in 2020, according to new government direction on such matters.

Under the engagement, NewFields will provide comprehensive environmental permitting and related engineering services that include:

• developing with Prophecy, overall permitting roadmap and budget;
• performing necessary updates to already-filed baseline studies and Management Plan of Operations;
• preparation of Water Pollution Control Permit application including detailed design and engineering analysis;
• preparation of resource report, which is a precursor to trigger the NOI to prepare the Gibellini EIS; and
• preparation of various federal and state permit applications such as the application for Air Quality Permit, Surface Disturbance/Class II Operation Permit, Explosives Permit, Class III Waiver Landfill Permit, Multi‐Sector General Stormwater Permit, Hazardous Materials Storage Permit, Hazardous Waste Permit, Septic System Permit, Potable Water System Permit, Dam Safety Permit, and Industrial Artificial Pond Permit.

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