Prophecy Commences Extensive Evaluation of Pulacayo-Paca Tailings

Prophecy Coal Corp. (TSX:PCY,OTCQX:PRPCF) has started a large-scale evaluation of the mineral potential of the tailings from the Pulacayo-Paca project, located in Bolivia.

Prophecy entered into a definitive agreement with Apogee Silver Ltd. (TSXV:APE) to acquire the property through the acquisition of the wholly owned subsidiaries of Apogee which in turn, hold the property.

As quoted in the press release:

Prophecy Coal Corp. (‘Prophecy’ or the ‘Company’) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2) is pleased to announce that it is commencing an extensive evaluation of mineral potential in the tailings from the Pulacayo-Paca project located in Bolivia. As announced on November 4, 2014, Prophecy entered into a definitive agreement with Apogee Silver Ltd. (‘Apogee’) to acquire the property through the acquisition of the wholly-owned subsidiaries of Apogee which in turn, hold the property (See News Release dated November 4, 2014) (the ‘Proposed Transaction’).

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