Paradigm Metals (PDM)

Shares / Stock Code

PDM

Stock Exchange / Sharemarket

Australian Securities Exchange

Paradigm Metals (PDM), formerly Paradigm Gold Ltd is a gold-copper exploration company searching for porphyry and epithermal deposits in eastern Australia. Their main focus is to create shareholder wealth through the discovery of gold and copper deposits. Exploration companies aim to discover and delineate occurrences of metals and minerals that can be economically mined and extracted.

The company listed on the Australian stockmarket on 18 November 2003. PDM was renamed to its current name in May 2007. PDM has placed the following 4 strategies as top priority for the company: to focus on gold-copper ‘porphyry’ and gold ‘epithermal’ targets, exploration in proven mineral belts under thin cover, be an active explorer and use new technology once available.

PDM's major customers would include the retail, wholesale and international markets. Its competitors consist of other gold mining companies such as Oroya Mining Limited (ORO). The mining industry is a global industry, which is highly competitive.

lso has exploration interests in the Cloncurry region of northwest Queensland. The Company’s properties include Rosedale Gold - Silver (EL 7343), Kangiara and Democrat Gold - Base Metals (EL 6274 and EL 7273), Frogmore Copper (EL 6590), Temora Gold (ELA 3746), White Rock Tungsten (EL 6274), Blue Bush Copper - Gold (EPM 15324) and Jactim Uranium (EPM 15323). The Frogmore and Kangiara projects are located approximately 100 kilometers south of the Cadia-Ridgeway deposit. The Company owns a tungsten resource at Rye Park in NSW consisting of 260,000 tons grading 0.7% tungstate.

The Company operates in the mining exploration industry throughout New South Wales and Queensland. In April 2009, the Company sold its exploration licence 6588 North Cadia to Gold and Copper Resources Pty Ltd.

Paradigm Metals (PDM) Products and Services

  • Gold and base metals explorer.

Paradigm Metals (PDM) Locations and Subsidiaries

Paradigm Metals Head Office
Suite 202, 122 Walker Street,
NORTH SYDNEY, NSW, AUSTRALIA, 2060
Phone: (02) 9955 7130
Fax: (02) 8920 3576

Paradigm Metals (PDM) Share Price

Submitted by ASX Listed Company on 18 May, 2010 - 00:50

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