Para Resources Inc. (“Para”) is a junior gold mining company with projects in Colombia and Brazil, focused on growing shareholder value through both increasing gold production and expanding its mineral inventory.
Para is ramping-up production at El Limon, a high-grade gold mine near the town of Zaragoza in Columbia. The property offers significant potential to add gold ounces to production and resources. Para also owns a gold-copper bearing property near the town of Tucumã in Para State in Brazil.
Para Resources has a plan and the people with persistence to achieve its objective of becoming a mid-tier gold producer by 2025.
El Limon, located near the town of Zaragoza, Colombia, is a high-grade gold mine and mill, currently producing gold an estimated cost of $700/oz.
Para Resources recently completed an upgrade program at El Limon, increasing the mill capacity to 100tpd and putting the infrastructure in place to increase production to 200tpd at a later date. Nearly 60 independent gold mining operations are located in very close proximity to the El Limon production facility, which represents very strong toll milling potential for the company.VIEW PROJECT DETAILS