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ASX:PCP

Paramount Mining Corporation Ltd.

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In brief

Paramount Mining Corporation (ASX: PCP) is an Australian mineral resource exploration and development company focussing on precious and base metals deposits in Asia, in particular Indonesia. The Gunung Rosa project is presently the flagship project for Paramount and the company  holds a 72.25% equity interest in the project. The project is presently in the engineering study phase, defining the optimal size of the mining operation with refurbishment of the mine and plant construction scheduled for 2013.