
Prophecy Resource Corp. has received the full mining license from the Mineral Resources Authority of Mongolia for the Chandgana Tal Deposit containing 141 million tons of Measured coal and located 9 km north of Prophecy”s Chandgana Khavtgai project. Previously only a small portion of Tal possessed mining license status. The full mining license represents the second significant milestone granted to Prophecy towards its planned 600-MW mine mouth power plant in the Chandgana Projects area.