Para Provides Update on February 2018 Production at El Limon Mine
Vancouver, British Columbia--(Newsfile Corp. - March 20, 2018) - Para Resources Inc. (TSXV: PBR) (WKN: A14YF1) (OTC Pink: PRSRF) (the "Company" or "Para") is pleased to provide an update on the production ramp up and results for the month of February 2018 at the El Limon Mine in Zaragoza, Colombia, as follows:Cannot view this image? Please visit:https://orders.newsfilecorp.com/files/3819/33588_a1521515925066_86.jpgMilling operations commenced in late November 2017 with a six month ramp up...
2018-03-20 6:15 AM EDT
Para Provides Update on Gold Road Mine
Vancouver, British Columbia--(Newsfile Corp. - March 13, 2018) - Para Resources Inc. (TSXV: PBR) (WKN: A14YF1) (OTC Pink: PRSRF) (the "Company" or "Para") is pleased to announce that is has successfully completed the dewatering of its 88% owned Gold Road underground mine in Arizona. Completing dewatering has allowed underground rehabilitation work to continue at the lowest levels of the mine. In addition, approximately 11,000 feet of the decline ramp has been rehabilitated, providing rubber...
2018-03-13 6:15 AM EDT
Para Announces Grant of Incentive Stock Options
Vancouver, British Columbia--(Newsfile Corp. - February 23, 2018) - Para Resources Inc. (TSXV: PBR) (WKN: A14YF1) (OTC Pink: PRSRF) (the "Company" or "Para") announces, subject to regulatory approval, the grant of a total of 2,000,000 stock options to a director of the Company to purchase common shares of the Company in accordance with its stock option plan. The options vest immediately and are issued at an exercise price of 23 cents per common share and expire five years from the...
2018-02-23 6:15 AM EST
Para Resources Files Revised NI 43-101 Technical Report for the Gold Road Mine
Vancouver, British Columbia--(Newsfile Corp. - February 16, 2018) - Para Resources Inc. (TSXV: PBR) (WKN: A14YF1) (OTC Pink: PRSRF) (the "Company" or "Para") announces that following comments and requests for clarification by the British Columbia Securities Commission (BCSC), a revised NI 43-101 Technical Report on the Gold Road Mine and surrounding mineral claims 88% owned by Para, has been filed on SEDAR. Key clarifications include cautionary parameters around historical estimates, improved...
2018-02-16 2:54 PM EST
Para Resources Announces Close of Over-Subscribed Private Placement - $1.6M Raised
Vancouver, British Columbia--(Newsfile Corp. - February 15, 2018) - Para Resources Inc. (TSXV: PBR) (WKN: A14YF1) (OTC Pink: PRSRF) (the "Company" or "Para") is pleased to announce that it has closed its non-brokered private placement (the "Private Placement") for total gross proceeds of $1,557,160. The Private Placement consisted of 7,785,800 units at a price of $0.20 per unit (each a "Unit"). Each Unit is comprised of one common share of the Company and one-half common share purchase...
2018-02-15 6:15 AM EST
Para Provides Update on January 2018 Production at El Limon Mine
Vancouver, British Columbia--(Newsfile Corp. - February 8, 2018) - Para Resources Inc. (TSXV: PBR) (WKN: A14YF1) (OTC Pink: PRSRF) (the "Company" or "Para") is pleased to provide an update on the production ramp up and results for January 2018 at the El Limon Mine in Zaragoza, Colombia, as follows:Cannot view this image? Please visit:http://orders.newsfilecorp.com/files/3819/32688_a1518064017276_61.jpgMilling operations commenced in late November 2017 with a six-month ramp up schedule to full...
2018-02-08 6:15 AM EST
Para Announces Update on Production at El Limon Mine
Vancouver, British Columbia--(Newsfile Corp. - January 11, 2018) - Para Resources Inc. (TSXV: PBR) (WKN: A14YF1) (OTC Pink: PRSRF) (the "Company" or "Para") is pleased to provide an update on December 2017 production at the El Limon Mine in Zaragoza, Colombia, as follows:Mill Availability 52%Average Gold Recovery 73%Mill Throughput 3,037.0 MtAverage Head grade 3.55 g/mtGold Production 253.1 oz
2018-01-11 6:05 AM EST
PARA Announces Report on the Gold Road Mill by RPM Global
Vancouver, British Columbia--(Newsfile Corp. - January 9, 2018) - Para Resources Inc. (TSXV: PBR) (WKN: A14YF1) (OTC Pink: PRSRF) (the "Company" or "Para") is pleased to announce that it has received an evaluation report from its consultant RPM Global ("RPM") on the condition of the Gold Road Mill and an estimate of the capital necessary to begin processing mineralized material once the anticipated operation of the mine begins. In addition to the mill evaluation, RPM also reviewed the project...
2018-01-09 6:05 AM EST
Para Announces $1,000,000 Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - December 14, 2017) - Para Resources Inc. (TSXV: PBR) (WKN: A14YF1) (OTC Pink: PRSRF) (the "Company" or "Para") is pleased to announce that it has arranged a non-brokered private placement (the "Private Placement") for total gross proceeds of up to $1,000,000. The Private Placement will consist of up to 5,000,000 units at a price of $0.20 per unit (each a "Unit"), a 33.3% premium to the current market price. Each Unit will be comprised of...
2017-12-14 3:16 PM EST
Para Resources Inc.: Update NI 43-101 Technical Report on Gold Road Mine Filed on SEDAR
Vancouver, British Columbia--(Newsfile Corp. - December 7, 2017) - Para Resources Inc. (TSXV: PBR) (WKN: A14YF1) (OTC Pink: PRSRF) (the "Company" or "Para") is pleased to announce that an NI 43-101 Technical Report on the Gold Road Mine and surrounding mineral claims under the control of Para has been filed on SEDAR and is available for review. Some selected highlights from the report:The Gold Road Mine has an excellent historic resource base that is expected to be upgraded with additional...
2017-12-07 8:32 AM EST
Para Resources Expands Holdings in Arizona to Include Adjacent Claims in the Oatman District
Vancouver, British Columbia--(Newsfile Corp. - December 5, 2017) - Para Resources Inc. (TSXV: PBR) (WKN: A14YF1) (OTC Pink: PRSRF) (the "Company" or "Para") is pleased to announce that it has entered into agreements with multiple parties to secure access to additional mineral claims and historic mines adjacent to the Gold Road Mine and Mill in the Oatman Mining District in Northwestern Arizona. Many of these mines stopped production in 1942 due to the US war effort and were never restarted....
2017-12-05 6:02 AM EST
Para Resources Announces That Production at El Limon Has Recommenced
Vancouver, British Columbia--(Newsfile Corp. - November 21, 2017) - Para Resources Inc. (TSXV: PBR) (WKN: A14YF1) (OTC Pink: PRSRF) (the "Company" or "Para") is pleased to announce that production at the El Limon Mine in Zaragoza, Colombia, recommenced on November 15th, 2017.The original start up at El Limon occurred in May/June of 2017, after a US$ 7 million rehabilitation and plant upgrade. That initial planned production ramp up was hampered by a through-put constraint at the filter press....
2017-11-21 6:05 AM EST
Para Resources Announces a Drilling Program at El Limon to Mirror 1998 Program
Vancouver, British Columbia--(Newsfile Corp. - November 16, 2017) - Para Resources, Inc. (TSXV: PBR) (WKN: A14YF1) (OTC Pink: PRSRF) (the "Company" or "Para") is pleased to announce that it has engaged Perfotec S.A.S. of Medellin, Colombia to commence a drilling program on the El Limon project to twin 3 historic diamond drilling holes completed 1997 and 1998 and to drill four other off set holes in the same formation. The drilling program will be completed in two phases...
2017-11-16 4:24 PM EST
Para Resources Engages RPM Global USA, Inc. to Conduct a Mine Evaluation, Resource Estimate and PEA at Gold Road Project in Arizona
Vancouver, British Columbia--(Newsfile Corp. - October 11, 2017) - Para Resources Inc. (TSXV: PBR) (WKN: A14YF1) (OTC Pink: PRSRF) (the "Company" or "Para") is pleased to announce that it has engaged RPM Global USA, Inc. ("RPM") to provide the following for the Gold Road Mine in Oatman, Arizona:● A Report on the Gold Road mill including an assessment of the condition of the mill and the requirements for refurbishing the mill to operational status.
2017-10-11 6:05 AM EDT
Para Resources Provides Project Updates and Focuses Strategy
Vancouver, British Columbia--(Newsfile Corp. - September 26, 2017) - Para Resources Inc. (the "Company" or "Para") (TSXV: PBR) (WKN: A14YF1) (OTC Pink: PRSRF) is pleased to provide the following project updates:Gold Road, ArizonaPara CEO, Geoff Hampson, states, "The acquisition of the assets of the Gold Road Mine was completed in August allowing Para to transfer permits and to consolidate our claim holding in the Oatman District. This is a rich historic gold mining area that has millions of...
2017-09-26 6:05 AM EDT