Expert Bullish on Iron Ore

Point Roberts WA- Sep. 08, 2011 (Investorideas.com Mining Newswire) – www.Investorideas.com, a leader in sector research for investors including mining and resource stocks, issues a trading alert  for iron ore stocks for trading September 7th.  

Recent commentary published on Investorideas.com from the Gold Report tells how one expert is very bullish on iron ore.Excerpt; “Dundee Capital Markets in Toronto, has some rather bullish forecasts for iron ore and copper prices… Dundee pushed up its price for iron ore by 24%, to $182/ton, in 2011.” Full article: http://www.investorideas.com/news/2011/mining/09011.asp

Prophecy Drills 49.5 Meters Grading 1.27 g/t PGM+Au, 0.71% Ni, 0.45% Cu within 472 Meters Grading 0.43% NiEq at Yukon Wellgreen Project

Prophecy Platinum Corp. ("Prophecy Platinum" or the "Company") (TSX VENTURE: NKL)(OTCQX: PNIKF)(FRANKFURT: P94P) announces the drill results received from its 2011 drilling program for its first completed hole on the Wellgreen Project. Borehole WS11-184 encountered 472.6 meters of mineralization grading 0.43% NiEq (3.1 g/t PGM Eq) from surface to the footwall contact. Within this larger swath of mineralization the hole encountered 49.5 meters of 1.27 g/t PGM+Au, 0.71% Ni, 0.45% Cu (1.11% NiEq, or 8.10 g/t PGM Eq). The geology transitioned from blebby disseminated to net-textured to massive sulphide approaching the footwall contact grading 6.3% Ni, 1.7% Cu, 2.7g/t Pt,1.6g/t Pd, 0.17g/t Au, 3.4g/t Ag (from drill core photo at company website). The aforementioned zones and results are tabulated below:

Quantum Rare Earth Developments Intercepts 54.13 M of 1.17% Nb2O5 in Nebraska Drilling

Heavy Rare Earth Oxide Enrichment Encountered in Niobium Zone

Quantum Rare Earth Developments Corp. (TSX VENTURE: QRE)(OTCQX: QREDF)(FRANKFURT: BR3) ("Quantum", the "Company") is pleased to announce results for the first of five drill holes from the spring/summer 2011 exploration program at the Elk Creek Niobium - REE Project, located in southeastern Nebraska, USA.

Highlights from the current exploration include:
--  NEC11-01: 235.22 m of 0.73% Nb2O5 and 0.43% TREO(i),
--  including 54.13 m of 1.17% Nb2O5 and 0.46% TREO; and

Prophecy Platinum Reports 1.04 Million oz PGM+Gold Indicated and 10.97 Million oz PGM+Gold Inferred for the Wellgreen Project, Yukon Territory, Canada

Prophecy Platinum Corp. (TSX-V:NKL - News)(PINK SHEETS:PNIKD - News)(Frankfurt:P94P - News) ("Prophecy Platinum" or the "Company") is pleased to announce the receipt of an independent National Instrument (NI) 43-101 compliant report and mineral resource estimate for its Wellgreen PGE-Ni-Cu property located in the Yukon Territory, Canada. The report is authored by Todd McCracken, P.Geo., of Wardrop Engineering Inc., a Tetra Tech Company, who is an independent Qualified Person under NI 43-101.