News Update - Paradigm Resource Management Corporation
(OTCQB: PRDC) - December
16, 2013
Paradigm Resource Management Corporation Assay Test Results Confirm
Increased Precious Metals Yields
1500% Increase in Gold Produced in Complex
Ore Extracted from Myanmar Tungsten Mine
SAN FRANCISCO, Dec. 16, 2013 /PRNewswire via COMTEX/ -- Paradigm Resource
Management Corporation (OTCQB: PRDC) (the "Company" or "Paradigm") announced
today that TOSS Plasma Technologies Limited (“TPT”), a PRDC investment portfolio
company, obtained assay test results for complex ore which was extracted from a
tungsten mine located in Myanmar.
Sample test results dated November 11, 2013 showed that 495 grams per metric ton
of gold were found after application of RF-Plasma compared to less than 34 grams
per metric ton of gold found in pre-RF Plasma complex ore, resulting in
approximately 15 times improvement in gold extraction.
According to Ted Ozaki, Paradigm Resource Chief Executive Officer, “These
outstanding test results are very common after application of our RF-Plasma
technology. From our experience, we have found that complex ore with higher
concentration of precious metals can be frequently found surrounding producing
or abandoned mines. Our mission is to identify untapped sources of rich complex
ores. We have a convincing value proposition to mining owners and operators to
help extract more value from their existing resources.
Based on the positive test results, we are in the process of testing the
concentration of not only gold but also for silver, platinum and copper and
results can be expected in a matter of weeks. We are receiving a lot of
interests from mining companies worldwide, wanting RF Plasma and assay work done
on their respective properties ”
Assay Test Reports They can be found at the Toss Plasma website.
http://www.tossplasma.com/
About Paradigm Resource Management Corporation
Paradigm Resource Management Corporation is a mining and natural resource
management company that is pursuing opportunities for acquisition targets in
mining and natural resources with a focus on new technology and applied
materials. For further information, please go to www.paradigm-resource.com.
About TPT
TPT developed a breakthrough technology and processing system, using
ultra-temperature radio frequency plasma torch, to extract latent precious
metals from certain types of complex ores. For further information, please go to
www.paradigm-resource.com/projects
Forward-Looking Statements: Except for statements of historical fact, this news
release contains certain “forward-looking statements” as defined by the Private
Securities Litigation Reform Act of 1995, including, without limitation
expectations, beliefs, plans and objectives regarding the development, use and
marketability of products. Such forward-looking statements are based on present
circumstances and on Paradigm Resource Management Corporation predictions with
respect to events that have not occurred, that may not occur, or that may occur
with different consequences and timing than those now assumed or anticipated.
Such forward-looking statements involve known and unknown risks, uncertainties
and other factors, and are not guarantees of future performance or results and
involve risks and uncertainties that could cause actual events or results to
differ materially from the events or results expressed or implied by such
forward-looking statements. Such factors include general economic and business
conditions, changes in metal prices, the ability to successfully fund any
exploration activities, consumer and business consumption habits, the ability to
fund operations and other factors over which Paradigm Resource Management
Corporation has little or no control. Such forward-looking statements are made
only as of the date of this release, and Paradigm Resource Management
Corporation assumes no obligation to update forward-looking statements to
reflect subsequent events or circumstances. Readers should not place undue
reliance on these forward-looking statements. Risks, uncertainties and other
factors are discussed in Paradigm Resource Management Corporation Form 10-K for
its fiscal year ended December 31, and other documents filed from time to time
by Paradigm Resource Management Corporation with the Securities and Exchange
Commission.
Tony Heo, Vice President - Business Development, (650) 577-5933
SOURCE Paradigm Resource Management Corporation
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