(TSXV - “PR”) (WKN –“A14YF1”) (OT –“PRSRF”)€¦ · copyright. Content and slides from this presentation are not allowed to be copied or distributed otherwise, without

(TSXV - “PBR”) (WKN – “A14YF1”) (OTC – “PRSRF”)

PARA RESOURCES INC – (TSXV -”PBR”) (WKN – (“A14YF1”) (OTC – “PRSRF”)

Legal disclaimer and statement by qualified persons

2

Some statements herein contain forward-looking information. These statements include, but are not limited to, statements with respect to the expected benefits from

having a management team seeking to aggressively grow the Company into a mid tier gold producer through acquisitions and development of existing assets, the

proposed dividends and the development potential and production estimates of the Company's properties. These statements address future events and conditions and,

as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different

from any future results, performance or achievements expressed or implied by the statements. Such factors and assumptions include, among others, the effects of

general economic conditions; the price of gold, silver, copper and other metals; projected capital and operating costs, estimated metal recoveries and mine life and

production rates at El Limon; changing foreign exchange rates, actions by government authorities; uncertainties associated with legal proceedings and negotiations

and misjudgements in the course of preparing forward-looking information. In addition, there are known and unknown risk factors which could cause the Company’s

actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by the forward-looking

statements. Known risk factors include risks associated with the ability to obtain any necessary approvals, waivers, consents and other requirements necessary or

desirable to permit or facilitate the development of the Company’s properties; the risk that any applicable conditions of the acquisition of an interest may not be

satisfied; risks associated with project development; the need for additional financing; operational risks associated with mining and mineral processing; fluctuations in

metal prices; title matters; environmental liability claims and insurance; reliance on key personnel; the potential for conflicts of interest among certain officers, directors

or promoters of the Company with certain other projects; currency fluctuations; competition; dilution; the volatility of the Company’s common share price and volume;

tax consequences; and other risks and uncertainties. Certain figures provided, including “free cash flow” are non-GAAP measures that do not have standardized

meaning and may not be comparable to the same term used by other issuers. Readers should consider Para Resources’ financial statements in their entirety. Forward-

looking statements are made based on management's reasonable beliefs, estimates and opinions on the date that statements are made and the Company undertakes

no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by law.

Information included from third-party publications is believed to be accurate, but there are no assurances as to the accuracy or completeness of the data.

Each recipient of this document accepts that no representation or warranty is made concerning the information herein nor is any liability accepted in respect thereof by

Para Resources, or any other shareholder (present or future), or Director, Officer, advisor, or by any of their respective affiliates. The content herein is subject to

copyright. Content and slides from this presentation are not allowed to be copied or distributed otherwise, without the written consent of the Company.

Mr. Paulo Andrade, P. Geo., qualified person under National Instrument 43-101, VP & Country Manager for Para Resources Inc., has reviewed and approved the

scientific and technical information in this presentation pertaining to the Angelim Property, Brazil.

Mr. James R Guilinger SEG MMSA SME is a qualified person under NI 43-101 and is the author of Technical Report on the Gold Road Mine, NI 43-101 Technical

Report.


Executive summary

3

Para Resources Inc. (“Para”), (TSXV:PBR) (WKN – “A14YF1”) (OTC – “PRSRF”) is an emerging gold mining company with mining operations

in Zaragoza, Colombia and in Oatman, Arizona.

Para’s strategy is to develop or acquire existing small scale mining operations (15-50,000 ounces per year) where cash flow from these

operations can be used to finance an exploration program without having to seek additional financing from shareholders or investors.

Strategy is to identify, acquire and build or rehabilitate existing mine and milling operations with large contiguous holdings of mineral rights in

areas of interesting and under explored geology. The company focuses on regions of good prospective geology as evidenced by the presence

of small miners or other historic mines on the Company’s property.

Proven Management team who have collectively invested > US $13 million of their own money and have expertise in business, financing,

geology, mine engineering, metallurgy and a proven background of building, operating and selling gold mines.

Management has delivered the following:

1. Acquired a 78% interest in the El Limon Mine in late 2015, invested USD $7 million and is in final commissioning of a refurbished 225

TPD mining and milling operation in Zaragosa, Colombia. Ownership will increase to over 85% due to investment. Commissioning is

scheduled to be completed by Q4 2017

2. Acquired the Gold Road Mine in Northwestern Arizona where more than 700,000 ounces have been produced. Also secured leases and

agreements with owners of adjacent mineral rights where there are extensive un-explored areas surrounding the Gold Road properties.

More than 2.1 million ounces have been produced from these properties since 1903. The Gold Road mine itself has many years of

resource remaining that will be quantified in an NI 43-101 Resource Estimate to be published in Q1 2018. In addition to the areas that

have been developed for mining and where production drilling and channel samples have been taken, the deposit is open at depth.


Proven management team

4

Seasoned entrepreneur, 35 yrs of mining, oil and

gas, manufacturing & internet infrastructure

experience

Well connected international executive

Founded and financed multiple private and public

companies since 1979

Founder of Hampson Equities, a PE firm with

investments in North & South America

CEO and founder of Fibrox Technology Ltd.,

since 1995, former CEO of Peer 1 Network

which was sold for USD $565 mm, founder of

Corelink Data Centers, LLC, Chairman of Pacific

Rodera Energy, Chairman of Eagle Mountain

Gold (now TSXV:GXS operating mine in

Guyana) founder and Chairman of Infracon, a

mine services and contract miner firm in Canada

Mining engineer and expert in Custom Milling

and Mining

Developed Hemco Mineria Responsible del Siglo

XXI in Nicaragua, a 1,200 TPD underground and

open pit mine with two gold recovery plants

processing ore from legal artisanal miners (90%

sold to Mineros SA for USD $ 96.8 mm)

Constructed and operated the Santa Rosa open

pit gold mine in Panama, the La Libertad open pit

and underground gold mine in Nicaragua and the

San Andres open pit gold mine in Honduras

Operated the El Limon underground gold mine in

Zaragoza, Colombia in 2000 and constructed

and operated a 200 TPD milling gold plant in

Nicaragua for small miner cooperatives.

Bilingual (English/Spanish) mining engineer with

20+ yrs of experience in the industry including

10+ years with companies such as Asarco LLC,

Corriente Resources, AEP & Washington Group

Int'l

CEO of AMAK Mining, the first operating private

mining company in the Kingdom of Saudi Arabia.

Successfully led projects in Venezuela, Ecuador

and Bolivia

Successfully led a reactivation campaign for

Corriente’s mining in Ecuador. Under his

leadership Corriente’s mining projects were

designated national strategic projects and the

first to start and finalize contract negotiation for

construction of the first industrial scale mining

projects in Ecuador.

His achievements led to the sale of Corriente

to Tongling and CRCC (Chinese SOE’s) for USD

$690 mm in 2012.

Ian Harris

President of Para Resources

Geoff Hampson

CEO

Randy Martin

COO of Para Resources,

CEO & Chairman of

Colombia

Milling Limited


Proven management team

5

A Geologist with 27 years of experience in Brazil

and South America

Extensive knowledge and experience in

managing exploration teams and in identifying

new business opportunities. Brought at least two

important copper projects for VALE´s portfolio in

Peru as well as discovered five lateritic nickel

and one iron ore deposits for CODELCO in Brazil

Important participation in the Rio Verde Cu-Au

deposit discovery at Carajás Province for

BARRICK

A financial professional with over 30 years of

experience as a senior officer of numerous

emerging technology, manufacturing and

resource companies

Formerly CFO of Novocon International Inc, Peer

1 Network Inc, Corelink Data Centres LLC,

Infracon Energy Services Corp, Fibrox

Technology Ltd

Has acted as Director of numerous public

companies in Canada and the US

Operations Manager, Plantel Los Angeles,

Metallurgist with 18 years of experience in the

operation, design, and commissioning of mineral

processing projects

Has worked on 5 continents with companies

such as Angolgold Ashanti (Chief Metallurgist),

Gekk Systems, Goldcorp, Barrick Gold, among

others.

Roberto FueyoPaulo J. Andrade

VP Exploration and

Brazil Country Manager

James Taylor

CPA, CFO of Para Resources,

Inc., Colombia Milling Limited

and Four Points Mining Ltda.

Identify and acquire small scale mining properties with

milling and processing capability in good prospective areas

where small scale local miners (historic, legal and illegal) or

historic mines are present

Acquire adjacent or nearby mineral rights in order to legally

be able to buy mineralized rock from the small miners or re-

open historic mines.

Build or acquire a scalable and environmentally responsible

milling and processing facility using leaching and dry

stacking of tails

Purchase feed material from other local miners or re-start

historical mines to reduce variability of mining output

Over time, utilize historical grade from third party purchases

and other historical claims to determine which source

provides the highest grade material leading Para to invest

in increasing production and efficiencies in the locations

that provide the best ore.

Use non-dilutive cash flow to fund an on-going exploration

program to establish a NI 43-101 Compliant Resource

Estimate that may lead to the development of a larger scale

mine.

Strategy

6

Para is not a Toll

Milling Operation. Para

buys the mineralized

rock that

is delivered to the mill

site and processes it to

recover the gold.


El Limon (Colombia)

7

Para has invested USD $ 7.0 mm to upgrade the El Limon mine

and processing plant to increase potential throughput to 225 TPD.

Para, through a new wholly owned Colombian subsidiary, Zara

Holdings S.A.S., has also acquired the adjacent 21,000 Ha of

mineral rights

EL Limon will achieve commercial production in Q4 2017

Rehabilitation and increased plant throughput from 50 TPD to 225

TPD includes a new 7 x 7 ball mill which is now installed and

operational

Underground mining at El Limon is restricted by the size of the

main winch and averages 50-75 TPD at approximately 6.0 – 10.0

g/mt of Au

An additional 150 – 175 TPD of feed material will be sourced from

existing mining operations on the Company’s 22,000 Ha which

have been formalized under Colombian government policy.

Mine feed from the artisanal miners, which is mined from

essentially the same vein system as at El Limon, is expected to be

of slightly higher grade as these small miners will ship less waste

decreasing dilution.


Purchasing from artisanal miners at El Limon, Colombia

8

Small mining strategy has been proven by Management with B2

Mining in Nicaragua and with Hemco Mining

Larger mining companies looking for solutions

El Limon only purchases mineralized rock from small miners working

on property where Para owns the mineral rights

For example, our current experience at El Limon indicates the

following economics:

• Assuming USD $1,200/ounce and an average grade of 8 gpt Au

• Para pays miner USD $131/MT (50% of Au at 85% recovery)

• Processing costs are USD $60/T

• Para’s total cost is USD $743/ounce

Social benefits and advantages:

• Government gets royalty

• No mercury pollution

• Small miner is legalized

• Para hedges mining risk and cost


El Limon – Exploration potential

9

In July 2016 Para purchased approximately 21,000 Ha of

mineral rights surrounding the El Limon Mine and property

There are several active mines on the OTU property (see

map) that have been operating without proper permits. Para

is currently in the process of “formalizing” these operations

with the support of the Colombian government which

includes processing the mineralized rock at El Limon

Over 500 local artisanal miners within a 150 km circle of El

Limon are mining suitable feed material with an estimated

range of diluted grade between 8-15 gpt of Au

The main structure present in the area is the Otu Fault that

crosses the area from North to South. The known vein

systems of the region extend up to 2-3 km. Veins dip are

typically around 30-40°, and occasionally sub-vertical

Para will conduct an exploration program on the newly

acquired properties and on the El Limon property to

establish a NI 43-101 resource to justify increasing the size

of the processing plant and developing a more robust Area

Play

OTU Property

El Limon

* NI-43101 Report dated September 15,

2015 and prepared by Mr. David

Bikerman, MAIG, qualified person under

National Instrument 43-101, Independent

Consultant to Para Resources Inc.. Mr.

Bikerman has reviewed and approved the

scientific and technical information in this

presentation pertaining to the El Limon

Property, Colombia.

Panama

Ecuador

Peru

Brazil

Venezuela

Bogotá

El Limon Mine

Colombia


El Limon historic drill logs

10

In 1997 and 98 a drilling program on the El Limon

property indicated a large mineralized zone close to or

at surface. The intersections were significant and not

related to the narrow vein system currently being mined

at El Limon.

The drilling core is no longer available and these results

are not NI 43-101 compliant. In order to fully understand

the system and to use those results to develop a

compliant resource, Para will twin the historic drill holes

in late 2017

This type of exploration upside is a key element of

Para’s strategy to target areas that are highly

prospective, have not been properly explored and are

evidenced by the presence of small miners.

“The best place to find a new mine is next to an existing mine”


Gold Road Mine (Arizona)

11

In August 2017 Para, through its 88% owned subsidiary Gold Road Mining Corp., completed the acquisition of the Gold Road

Mine, located in the historic Oatman Mining District in northwest Arizona

Para acquired the mine, patented claims, a 500 TPD CIP mill and processing facility including all rolling stock, vehicles,

laboratory and other assets for US $7 million.

Payment terms were US $1 million at the close with the balance of US $ 6 million in annual payments of US $1 million each,

without interest on the next six anniversaries of the close.

Drilled and assayedOpen in the resourceProduced in 2009-2016Historic stopesCurrent development work complete

Gold Road Mine


Gold Road

12

The historic production from the four mines included in

the property holdings of Gold Road Mining has been

over 2.3 million ounces as follows*:

Gold Road – 750,000 oz. at 0.31 opt

Tom Reed – 568,000 oz. at 0.61 opt

United Eastern – 729,000 oz. at 1.03 opt

United Western – 350,000 oz at 0.63 opt

Deposits in the district are classic volcanic-hosted

epithermal gold veins

Mineralization was precipitated along with quartz and

calcite as open-space fillings along structures that were

active before, during and after the deposition of the

mineralization

The deposits have typical characteristics of epithermal

deposits throughout the United States, including:

Cripple Creek, Midas, Tonopah, Comstock and Sleeper

*Mr. James R Guilinger SEG MMSA SME is a qualified person under NI 43-101 and is the

author of Technical Report on the Gold Road Mine, NI 43-101 Technical Report.

Gold Road Controlled Property


Gold Road Mine (Arizona)

13

The Gold Road mine is located on private land

and is a fully permitted underground mine with

a 500 ton per day cyanide (CIP) mill

The mill produces gold-silver doré bars that

are over 95% precious metal

Historical recovery rates in excess of 92%

The mill is in excellent condition and was last

operating in June 2016

Underground workings were open and stable

at closure

Full permitting is in place

Engineering and development planning

underway with mining expected to resume in

Q1 2018


Gold Road Mine - Exploration

14

NI 43-101 Technical Report to establish the current resource will be published in Q1 2018

Mineable area is open at depth and along strike

Para has secured three adjacent patented claims where mining occurred from the early 1900’s through until 1942 when

production was halted due to the war effort.

More than 2.1 million ounces have been mined to date with many areas unexplored where the deposit is open on strike

and at depth

Significant target in the lost vein to the west which is on-strike to other historic mines

Significant development and exploration opportunities at Gold Road and other adjacent historic mines which have not

been drilled


Short-term objectives

15

Achieve Commercial Production at EL Limon Mine

which is defined as 85% availability, 85% gold

recovery and 75% of design throughput. Expected to

be achieved in Q4 2017

Develop mine plan and publish NI 43-101 Technical

Report for the Gold Road Mine in Arizona allowing

ramp up to 500 TPD and 35-50,000 ounces per year

in Q1 2018

Complete drilling program at El Limon to twin the

historic drilling program and to begin to build a NI

43-101 resource

Complete sale of Tucuma property in Brazil


Share capital

16

Total shares o/s: 137,783,440 (approx. 90 million held by management and insiders)

Warrants o/s: 17,565,133 warrants (3,979,820 @ CAD $0.20 (exp. Dec 2017) and 13,585,313 @ CAD $0.30

(exp. Oct 2018) per share and 6.7 million are held by Insiders)

Options o/s: 5,265,000 (3.9% of o/s shares) (exercisable at between CAD $0.05 to CAD $0.25 per share)

Market cap: CAD $26 million as at September 20, 2017

Major Shareholders:

Conex Services Inc (Glenn Walsh): 43,632,987 (31.7%)

Lake Forest Dev Corp (Hampson): 20,179,954 shares (14.6%)

Randy Martin: 15,840,190 shares (11.5%)

Public float: 58,130,309 (42.2%)

FinancingConstruction at El Limon is fully funded and cash is on hand for the Resource Estimate and PEA

for Gold Road


Summary

17

Experienced and proven Management Team with history of successful mining and toll milling operations – Management

owns 75% of shares and have entered into a Pooling and Lock Up Agreement

Strong and engaged Board of Directors who have invested collectively more than USD $13 mm of their own money and

are committed to long term and co-investment

The mining and milling operation El Limon is expected to achieve Commercial Production and generate positive cash flow

before the end of 2017

Gold Road Project in Arizona will re-start production in Q4 and will add positive cash flow right in Q1 2018.

Significant exploration upside

Diversified country risk

Low monthly corporate overhead of under CAD $150,000 for Arizona, Colombian and head office expenses combined

Para is well on its way to achieving management’s goal of producing over 100,000 oz. of Au per year by 2020

Contact

18

Geoff Hampson

Chief Executive Officer

+1.312.420.0690

[email protected]

Santander, Colombia


Board of directors

19

Geoff Hampson , CEO: (see management slide)

Randy Martin, COO of Para Resources and CEO and Chairman of Colombia Milling Limited: (see management slide)

Ian Harris, President of Para Resources: (see management slide)

Ioannis Tsitos, Director: A Geophysicist and Businessman with 19 years experience with BHP Billiton, the last 9 in the position of senior business development

manager on minerals exploration with a global reach having worked on exploration deals in 32 countries. Has identified, negotiated and executed in excess of 55

exploration, development and mining agreements and Joint Ventures. Extensive global network (exploration, mining, finance). Mr. Tsitos is presently the President of

Gold Source Mines Inc. (TSXV:GXS)

Glenn Walsh, Director: Mr. Walsh started his career as an Engineer working for some of the world’s largest engineering and construction companies including Brown

and Root and Kiewit. While working for these companies, he was involved in large scale construction projects in the USA, Vietnam, Asia and South America. Over the

last 25 years, he has been a founder and investor in over 25 companies, mostly in Western Canada and mostly involved in heavy construction, power generation,

contract mining and road building. Walsh was the founder and owner of Tercon Construction Ltd which was the largest Mine contractor in Western Canada. He was a

founder and major shareholder in Carmacks Construction Ltd., one of the largest road construction and maintenance companies in Western Canada, which was sold

in 2012 to Vinci. He is a major shareholder in Morgan Construction and Environmental Ltd, a specialty contractor focused on the oil patch in Alberta and in Emcon

Services, the largest road maintenance company in BC. He is a founder and owner of Minex Construction Ltd. Which merged in 2014 with Infracon Energy Services.

Walsh is also involved many other and varied businesses in Canada and the USA including property development and oil and gas.

Larry Timlick, Director: Mr. Timlick is CEO of Next Leaf Solutions Ltd, a Vancouver based organic processor. He was formerly, VP Western Canada for Avaya

Canada, serves as Director of CounterPath Corporation a leading provider of innovative desktop and mobile VoIP software products and is a is an advisor to and

former director of ProSmart Enterprises Inc. (formerly Sora Capital). From September 2006 until December 2008 he served as a director and the Corporate Secretary

of Stage Capital Inc. (now known as Trueclaim Exploration Inc.), a former capital pool company that completed its Qualifying Transaction in December 2008.

Documents

(TSXV - “PR”) (WKN –“A14YF1”) (OT –“PRSRF”)€¦ · copyright. Content and slides from this presentation are not allowed to be copied or distributed otherwise, without