Para Resources is pleased to announce the results of phase one, surficial testing at the Ojos Negros gold project located in Baja California, Mexico. Verification samples have confirmed the presence of surficial gold at eighteen locations within the 6km by 2km gold anomaly, discovered November 2014 by the optionor of the Project, Navial Mineria SA de CV. Further testing of the samples resulted in an average of 1,378 [...]
Para Resources is pleased to provide the following update on operations at the El Limon mine. The Company has entered into agreements to acquire an indirect interest in the El Limon mine on the terms and conditions set out in our news release of June 30, 2015. The acquisition will be transacted through Para's subscription for shares in Colombia Milling Ltd. The acquisition of such interest is subject to the acceptance of [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 12, 2015) - Para Resources Inc. (TSX VENTURE:PBR) ("Para" or the "Company") announces that the Company and Angra Metals Mineração Ltda., a wholly-owned subsidiary of the Company, have executed an agreement dated May 11, 2015 (the "Effective Agreement") with Mineração Iraja S/A (the "Vendor"), bringing into effect a Mineral Rights Purchase and Sale [...]
Para Resources is pleased to announce an update of the results on its recently completed trenching program at the Angelim Target in its Tucumã Gold-Copper Project, located in Carajás Province, Brazil. The Project is 100% owned by Para Resources. Channel sampling was carried out inside the trenches at depths varying from 1.50 to 3.50 m, over saprolite and saprock with brecciated vuggy quartz veins, beneath soil. Primary [...]
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