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ASX:PDM

Paradigm Metals Ltd

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In brief

Paradigm Metals Limited is engaged in the mining industry throughout New South Wales and Queensland, focusing on copper-gold, tungsten, uranium and other minerals, including vanadium, molybdenum and oil shale. The Company operations include Frogmore Copper projects, New South Wales; White Rock Tungsten project, Rye Park, New South Wales; Uranium projects, Mt Isa region, and Gold projects. High-grade copper mineralization was intersected in four holes drilled beneath old copper workings at Frogmore. The Company’s inferred mineral resource is subdivided into two separate ore type: Black skarn and Green-brown skarn. In February 2008, a jointly owned company (50% the Company and 50% Exco Resources Ltd (EXCO)), Toolebuc Resources Pty Ltd (TRPL), was formed to acquire the respective company’s permits in the Cloncurry area. The joint tenement package covers an area of approximately 500 square kilometers.