Growing Shareholder Value

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 Mine, Colombia

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.

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