Generating Cash Flow from Toll Milling and Small Scale Mining
PARA-PPT-Nov-5-2015_Final
PARA-PPT-Nov-5-2015_Final
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SMALL MINE SELECTION CRITERIA<br />
Para has established criteria for other prospective mining operations. These criteria are:<br />
• Gold Mineralization at surface: Free gold in weathered surface rock. Either in saprolite or<br />
alluvium.<br />
• Low cost, economically viable gravity separation: Processing costs under $600 per ounce.<br />
• Near Term Production: a clear path through quantification, permitting <strong>and</strong> construction to<br />
see production in less than 2 years<br />
• Low Capex: Total capital to get to production of less than $3 million resulting in payback in<br />
less than 18 months<br />
• Blue Sky Potential: An unknown or poorly quantified resource in the hard rock that can be<br />
proven up through drilling. Drilling <strong>and</strong> additional exploration costs to be financed by cash<br />
flow generated in mining surface gold.<br />
Ø Angelim, Para State, Brazil meets all criteria<br />
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