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10/8/13 - A$0.0070
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paradigm metals ltd (PDM) Details

Paradigm Metals Limited explores for and develops mineral resource properties in Australia. The company primarily explores for gold and copper ores in central New South Wales and northwest Queensland. Its principal projects are located in the central and southern Lachlan Fold Belt in the State of New South Wales. The company, formerly known as Paradigm Gold Limited, is based in Subiaco, Australia.

1 Employees
Last Reported Date: 09/16/13

paradigm metals ltd (PDM) Top Compensated Officers

Chief Executive Officer and Executive Directo...
Total Annual Compensation: A$4.6K
Compensation as of Fiscal Year 2013.

paradigm metals ltd (PDM) Key Developments

Paradigm Metals Limited. Reports Consolidated Earnings Results for the First Half Year Ended December 31, 2013

Paradigm Metals Limited. reported consolidated earnings results for the first half year ended December 31, 2013. For the period, the company reported loss before income tax, net loss and total comprehensive loss attributable to owners of the parent was AUD 774,795 or 0.18 cents per basic and diluted share on other income was AUD 19,238 against loss before income tax, net loss and total comprehensive loss attributable to owners of the parent was AUD 427,654 or 0.15 cents per basic and diluted share on other income was AUD 9,562 for the same period a year ago. Net operating cash outflows were AUD 424,338 compared to AUD 227,286 a year ago. Payments for exploration were AUD 246,612 compared to AUD 89,351 a year ago.

Paradigm Metals Limited. Announces Drilling Results at The Ladies Copper Project

Paradigm Metals Limited report The Ladies Copper Project, Cloncurry copper results received from initial drilling of six reverse circulation (RC) drill holes totaling 816 metres. Drill intersections include LKTPDM001: 15m at 2.00% copper and 0.34g/t gold from 17m depth (oxide), including 2m at 11.0% copper and 1.85g/t gold from 22m; LKTPDM002: 18m at 1.03% copper and 0.lg/t gold from 25m (mixed oxide and sulphide). LKTPDM005: 28m @ 0.70% copper and 0.14g/t gold from 72m (sulphide). The programme was successful in testing for high grade zones of sulphide mineralisation below superficial copper oxide mineralization. Copper mineralization is associated with secondary magnetite and 'red rock' alteration typical of many Iron Oxide Copper Gold ('IOCG') deposits in the Cloncurry region. Copper mineralization remains open along strike in both directions. The Ladies Copper Project (PDM 100%) EPM 19016 is a copper gold project located 70km south west of Cloncurry in north west Queensland. The exploration permit was granted to Paradigm in February 2013 for a period of five years. RC Drilling During the quarter the company completed a six (6) hole RC drilling programme at three prospects for a total of 816 metres.

Paradigm Metals Limited Announces Executive Changes

Paradigm Metals Limited announced that Mr. David McEntaggart has resigned as Company Secretary of the company, effective immediately. The Board of PDM is also announced that Mr. Jonathan Hart has been appointed to the position of Company Secretary of the company, effective immediately. Mr. Hart previously worked at Perth based law firm, Steinepreis Paganin.


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