Prom Resources, Inc. has solid operational and management expertise with the financial capability to build on its existing asset base. The company is currently engaged in the active exploration and extraction of gold ore, corundum, and beryl material at eight different mining and exploration perimeters located in Madagascar.
The company’s 80 Gold/Ore Perimeters located in the area of Ambohilovolovo have potential for significant gold prospects. Much of the work completed to date has been focused on Gold/Ore Grab samples and assays. Mr. Gino Rasamison, the Chief mining engineering consultant, has begun to evaluate the property and is planning to begin a Feasibility Study and program.
Prom Resources’ acquired land holdings within the Ankavandra property also have potential for significant gold prospects. The company currently holds approximately 48 Gold/Ore Perimeters of permits and plans to initiate an exploration and sampling program in the second quarter of 2008.
Prom Resources also secured 64 Corundum perimeters in the Toliara province located within Ilaka-Sakaraha, which is well known for alluvial corundum. The company allows local villagers to hand cob the perimeters, and then purchases the material from them at an expectable cost.
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