NI 43-101 RESOURCE

Copper
(lbs)
Vanadium
(lbs)
Titanium
Oxide
(kg)
Nickel
(lbs)
Coal
(t)
Ulaan Ovoo Mongolia Proven
M&I
Inferred
        20.7 m
209 m
36 m
Chandgana Mongolia M&I         1,211 m
Lynn Lake MN, Canada M&I
Inferred
138 m
46 m
    263 m
82 m
 
Okeover BC, Canada Inferred 593 m        
Titan ON, Canada Inferred   259 m     7,252 m

Prophecy Interest:

Ulaan Ovoo: 20.7* million tonnes of Proven. 209 million tonnes of coal for M&I and 36 million tonnes for Inferred
Chandgana: 1,211 million tonnes of coal for M&I
80% Titan of 49 million tonnes of Inferred at 48% Fe2, 14.8% TiO, and 0.24% V
60% Okeover of 87 million tones of Inferred at 0.31% CU & 0.014% MoS

*Mineral Reserve estimate considers only the first phase of the project development of the Mineral resources contained in the Ulaan Ovoo project. Opportunity may exist for extension of additional low ash reserves to the south with an expanded pit and a higher throughput rate. All coal quality values are stated on an "as received" basis.