Prophecy Coal Corp Announces Approval for Border Port

Industrial Metals

Prophecy Coal Corp. (TSX:PCY,OTCQX:PRPCF,FWB:12P) announced that it has received approval for its general development plan for the Zeltura border port in Mongolia.

Prophecy Coal Corp. (TSX:PCY,OTCQX:PRPCF,FWB:12P) announced that it has received approval for its general development plan for the Zeltura border port in Mongolia.

As quoted in the press release:

Given the approval of the GDP by the BPNC, the Company anticipates approval from the Mongolian Ministry of Road and Transportation for the Road Feasibility study previously submitted to it for the construction of a 17km road to connect the Ulaan Ovoo mine to the Zeltura border. Prophecy is also working with the Mongolian Customs General Administration for the establishment of a customs inspection and clearance area at its Ulaan Ovoo mine. The Company’s goal is to see the Zeltura border opened, and to transport its first shipment of coal through it, this year.

Click here to read the Prophecy Coal Corp. (TSX:PCY) press release

See this press release on Marketwire

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