Para Resources Inc. (“Para”) is an in-production Gold mining company with projects in Colombia, Arizona and Brazil.
Para is currently ramping up to full production in Columbia (El Limon Mine) and set to resume operations and production in Arizona (Gold Road Mine) by July 2018.
With a clear development path for its existing projects, Para is well-positioned for future growth and will continue to take advantage of current market conditions and add additional low-risk, accretive assets to its portfolio.
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