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.

To read the full press release, please click
here:http://fnmprofiles.com/profiles-prdc.html

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."

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.

FinancialNewsMedia.comis leading provider of third party publishing &news
dissemination services. If you would like more information regarding our news
coverage solutions, please visithttp://www.financialnewsmedia.comfor more
details. Get an edge on the market with ourPremium News Alertsthat are FREE
for a limited time athttp://www.financialnewsmedia.com/. Follow us on
Facebook:http://www.facebook.com/financialnewsmediaand
Twitter:http://twitter.com/FNMgroup.Sign up for our FREE SMS News alerts
delivered directly to your mobile phone by texting the word PRESS to
545454.(SMS alerts are free, however data rates may apply, check your
wireless plan for details.)

DISCLAIMER: FN Media Group LLC (FNMG) is a third party publisher and news
dissemination service provider, which disseminates electronic information
through multiple online media channels.FNMG is NOT affiliated in any manner
with any company mentioned herein. FNMG and its affiliated companies are a
news dissemination and financial marketing solutions provider and are NOT a
registered broker/dealer/analyst/adviser, holds no investment licenses and may
NOT sell, offer to sell or offer to buy any security. FNMG's market updates,
news alerts and corporate profiles are NOT a solicitation or recommendation to
buy, sell or hold securities. The material in this release is intended to be
strictly informational and is NEVER to be construed or interpreted as research
material.All readers are strongly urged to perform research and due diligence
on their own and consult a licensed financial professional before considering
any level of investing in stocks.The companies that are discussed in this
release may or may not have approved the statements made in this release. FNMG
is not liable for any investment decisions by its readers or subscribers.
Investors are cautioned that they may lose all or a portion of their
investment when investing in stocks.FNMG was compensated one thousand five
hundred dollars for the dissemination of the news released by Paradigm
Resource Management Corporation. by a non-affiliated third party.

FNMG HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E the
Securities Exchange Act of 1934, as amended and such forward-looking
statements are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. "Forward-looking statements"
describe future expectations, plans, results, or strategies and are generally
preceded by words such as "may", "future", "plan" or "planned", "will" or
"should", "expected," "anticipates", "draft", "eventually" or "projected". You
are cautioned that such statements are subject to a multitude of risks and
uncertainties that could cause future circumstances, events, or results to
differ materially from those projected in the forward-looking statements,
including the risks that actual results may differ materially from those
projected in the forward-looking statements as a result of various factors,
and other risks identified in a company's annual report on Form 10-K or 10-KSB
and other filings made by such company with the Securities and Exchange
Commission. You should consider these factors in evaluating the
forward-looking statements included herein, and not place undue reliance on
such statements. The forward-looking statements in this release are made as of
the date hereof and FNMG undertakes no obligation to update such statements.

Contact Information:
Company:FN Media Group, LLC
Contact email: editor@financialnewsmedia.com
U.S. Phone: +1(954)345-0611
URL: http://www.financialnewsmedia.com

SOURCE FN Media Group, LLC