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Prophecy: Fulfilling Asia's Energy Needs

CHANDGANA NEWS RELEASES

April 21, 2011 - Prophecy Submits Formal Request to Mongolian Government To Build Chandgana Power Plant

February 8, 2011 - Prophecy Obtains Full Mining License for its 141-million-tonne Chandgana Tal Coal Deposit, Mongolia (map & diagrams included)

November 15, 2010 - Detailed Environmental Impact Assessment Approved for 600 MW pit-mouth powerplant by Prophecy's 1.2 billion tonne Chandgana coal project, Mongolia (maps included)

August 16, 2010 -Prophecy Reports Measured 524.3 Mt and Indicated 545.7 Mt Coal Resources at Chandgana Khavtgai, Mongolia (Drill Map Included)

June 21, 2010 - Drilling Completed at Prophecy's Chandgana-Khavtgai Coal Project, Updated NI 43-101 Resource Report is Expected by August (Drill Maps included)