Prophecy Reports Tailings Pile Assays of Up to 1,200 g/t Silver

Prophecy Development Corp. (TSX:PCY,OTCQX:PRPCF) announced assay results from a sampling program of material from tailings piles. The tailings piles are the product of processing ore extracted from the Pulacayo mining district from about 1850 to 1950.

As quoted in the press release:

A total of 299 samples from the 12 tailings piles were obtained. Samples were obtained at random locations on the top surface of those piles from small holes excavated with an excavator and systematically at 2 meter spacings in the walls (slopes) of the piles from hand dug or excavated trenches, all at depths of 1.2 to 1.5 meters. The samples were then preserved, stored, secured, and transported following industry standard methods. The assay program was performed by ALS Minerals Ltda. of Lima, Perú and included standard QA/QC samples to enforce the validity of the results.

… results indicate silver grades up to 1200 g/t, gold grades up to 7 g/t and indium grades up to 154.5 g/t. The Pulacayo mine extracted ore mostly from the Tajo Vein System which is a High Sulphidation Epithermal System of 2.5 km wide by 2.7 km long, to minimum depths of 1,000 meters, and was the main source of the historical ore production.

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