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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PARA RESOURCES INC<br />
• Para Resources Inc. (“Para”), (TSXV:PBR): is a Junior <strong>Mining</strong> <strong>and</strong> <strong>Toll</strong> <strong>Milling</strong> company<br />
• Controls the El Limon Gold Mine in Zaragoza, Colombia<br />
• Currently undergoing a mill upgrade to increase mill capacity to 200 TPD in order to process<br />
ore delivered by small local miners<br />
• El Limon is capable to produce 25,000 ounces of Au in 2016 which could generate $6-7<br />
million of cash flow. The potential quantity <strong>and</strong> grade is conceptual in nature, there has<br />
been insufficient exploration to define a mineral resource or reserve. It is uncertain if further<br />
exploration will result in the delineation of a mineral resource or reserve.<br />
• Para also owns a property in Brazil where permits to mine the surface material have been<br />
applied for.<br />
• Subject to due diligence Para will use a portion of the projected cash flow <strong>from</strong> potential<br />
small scale mining properties to finance an exploration program in the hard rock<br />
• The Company has a market capitalization of $4 million<br />
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