Mining Industry Briefing Inclusive of Resource Company Confirming Increased Precious Metals Yields

 Mining Industry Briefing Inclusive of Resource Company Confirming Increased
                            Precious Metals Yields

PR Newswire

CORAL SPRINGS, Florida, December 16, 2013

CORAL SPRINGS, Florida, December 16, 2013 /PRNewswire/ --

Market news updates and research displays precious metals increase as mining
companies continue to develop resources: Paradigm Resource Management
Corporation (OTCQB: PRDC), New Gold, Inc. (NYSE: NGD), Barrick Gold
Corporation (NYSE: ABX), Petr (NYSE: PBR), Goldcorp Inc. (NYSE: GG) and
Newmont Mining Corporation (NYSE: NEM).

Paradigm Resource Management Corporation (OCTQB: PRDC) today announced 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.

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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

New Gold, Inc. (NYSE: NGD) announces the results of the Feasibility Study for
its Blackwater Gold project ("Blackwater" or the "Project") in British
Columbia, Canada. "The completion of the Blackwater Feasibility Study is an
important milestone for our company," stated Randall Oliphant, Executive
Chairman of New Gold. "The Project has many great attributes including: its
secure jurisdiction, long life, robust production potential, all-in sustaining
costs well below industry average, and continued exploration potential.
However, the combination of gold being down by over $500 per ounce since we
completed the Preliminary Economic Assessment for Blackwater in September of
2012 and our Rainy River project having a more modest capital requirement,
results in our primary objective being the advancement of Rainy River."

Barrick Gold Corporation (NYSE: ABX) recently announced that its Founder and
Chairman, Peter Munk, will retire as Chairman of Barrick and will step down
from the company's Board of Directors at the 2014 Annual Meeting of
Shareholders (AGM). Mr. Munk founded Barrick in 1983, growing the company from
a small junior producer with one mine into the global gold industry leader and
a Canadian champion, with operations on five continents. John L. Thornton, who
has played an increasingly important role at Barrick since his appointment as
Co-Chairman in 2012, will become Chairman at the 2014 AGM.

Petr (NYSE: PBR) operates as an integrated oil and gas company in Brazil and
internationally. Its Exploration and Production segment engages in the
exploration, development, and production activities; sale and transfer of
crude oil in domestic and foreign markets; and sale of oil products produced
at natural gas processing plants. The company's Refining, Transportation, and
Marketing segment is involved in the refining, logistics, transportation,
export, and purchase of crude oil, as well as in the purchase and sale of oil
products and ethanol. The company's Gas and Power segment engages in the
transportation and trade of natural gas; transportation and trade of liquid
natural gas; generation and trade of electric power; holds interests in
natural gas distribution and thermoelectric power stations; and fertilizer
business. Its Biofuel segment engages in the production of biodiesel and its
co-products, as well as in the production and marketing of ethanol, sugar, and
the excess electric power generated from sugarcane bagasse. The company's
Distribution segment distributes oil products, ethanol, and compressed natural
gas in Brazil. As of December 31, 2012, the company had proved developed oil
and gas reserves of 7,543.3 million barrels of oil equivalent (mmboe) and
proved undeveloped reserves of 4,730.6 mmboe in Brazil.

Goldcorp Inc. (NYSE: GG) recently announcedthat negotiationsare continuing
betweenMineraPeñasquitoS.A. de C.V. ("Minera Peñasquito")and authorized
representativesof the Cerro Gordo Ejido with a view to reaching amutually
beneficial settlement of a land claim. These negotiations are taking place
under the official observation of the office of the Mexican Secretary of the
Economy andGoldcorp believes that proper representatives of both parties are
currently engaged in a constructive process.Goldcorphasrecentlyreceived
noticefrom a Canadian law firm purporting to represent the Cerro Gordo Ejido
threatening to commence litigation against Goldcorp in Canada concerning these
same lands, in an apparent effort todisruptthe ongoing negotiations and
legal process from continuing under the auspices of the Mexican judicial
system. Goldcorp andMineraPeñasquito haveassessed the underlying
allegations ofthe proposed litigationandbelievethey are baseless and
without merit and will vigorously defend any claim if one is filed. Goldcorp
believes it is in the best interests of all concerned to continuewith
thegood faith efforts toward a mutually beneficial settlement rather than
engage inlitigationin Canadathatcouldindefinitely defer any final
resolutionof this matter.

Newmont Mining Corporation (NYSE: NEM) recently announced the signing of a
Stock Purchase Agreement (the "Agreement") under which Klondex Mines Ltd.
(KDX.TO) ("Klondex") will acquire Newmont's Midas underground operation and
mill complex in Nevada for total consideration in excess of $83 million. The
purchase price comprises approximately $55 million in cash, subject to
customary adjustments, and the replacement of Newmont surety arrangements with
Nevada and federal regulatory authorities in the amount of approximately $28
million. In addition, Newmont will receive 5 million common share purchase
warrants of Klondex that have a 15-year term, subject to acceleration in
certain circumstances, and having an exercise price to be determined on the
closing date.

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Resource Management Corporation. by a non-affiliated third party.


This release contains "forward-looking statements" within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E the
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