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POI

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Share Name Share Symbol Market Type
TSXV:POI TSX Venture Common Stock
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PRO-OR Announces Plant Upgrade to Commercial Production Facility

12/10/2012 2:32pm

Marketwired Canada


Ressources Minieres Pro-Or Inc. ("Pro-Or") (TSX VENTURE:POI) is pleased to
announce the upgrading of its pilot plant to a commercial production facility.
After industrial scale testing Pro-Or now has the necessary data to construct a
continuous operation plant. Pro-Or will be upgrading its current prototype plant
to a 200 Ton commercial facility using four 50-ton reactors.


Regarding the recovery of PGM using industrial equipment, a series of endurance
tests were executed to measure the performance and reliability of said
equipment. An additional work team was formed and trained to operate the plant
continuously 24 hours a day 4 days a week (12 hour shift). The plant ran with no
mechanical failures or overheating of equipment for a test period of 7 weeks.
This approach ensured a constant reaction temperature and homogeneous mixing of
additives. As a result, the material retained its integrity and texture - there
was no accumulation or clumping of material in the reactor during the reaction.
One ton of material was processed at our facility and completed in September.
The PGM saturated resin was calcined according to our enhanced method that does
not produce carbon. The finished product was shipped to the refiner Johnson
Matthey in Pennsylvania for final processing. Samples were sent to the
laboratory for analysis. The results of the PGM contents will soon be available.


A detailed analysis and review of the continuous operation has helped Operations
make changes to our production equipment, further improving production
consistency and yields. Again, the objective of these endurance tests was to
test output at an industrial scale in a continuous environment. Specific
attention was paid to the continuity and reliability of processing equipment
prior to dissolution. The operation also required that the reactor maintain
stability of chemical compounds during these continuous operations.


The plant is now operating on a single 8 hours shift 5 days a week, treating
approximately 5 Kg / hr. of ground ceramics. At this rate, the facility has a
capacity of up to approximately 200 Kg / week. Periodic downtime is scheduled to
enable the transfer of processed material to the dissolution phase as well as to
preform required preventative maintenance on equipment.


This Industrial-scale testing has provided Pro-Or with the necessary data to
complete the design of a 24/7 production facility that Pro-Or plans to implement
in the coming months. This plant will increase production capacity in excess of
200-Ton via the phasing in of 50-ton reactors. It will operate in a remote
warehouse with no use of smoke stack and is regarded as environmentally friendly
yet very scalable with the ability to increase production by simply adding more
reactors. PGM Solutions our joint venture partner based out of Abbotsford BC
will provide the supply to support the factory. Discussions are ongoing with a
number of U.S-based suppliers as a means of diversifying and increasing Pro-Or's
sources of feedstock. Once fully operational, this plant will be in a position
of generating sufficient cash flow to support future growth. As feedstock
availability increase, more facilities will be built in their markets in
different countries around the world.


About the Pro-Or and its technologies:

Founded in 1986, Pro-Or develops and owns proprietary technologies for
processing precious metals in a highly efficient, cost-effective manner. These
highly effective technologies have been developed in collaboration with the INRS
(Institut National de la Recherche Scientifique). Pro-Or holds patents for two
processes: the first significantly increases the ratio of chromium-iron chromite
and the second enables the highly efficient recovery of metals from the platinum
group of ores and concentrates from spent catalytic converters. Pro-Or owns 100%
of the patents in Canada, the United States, the Republic of South Africa and
Australia. This efficient, environmentally friendly and rapid process requires a
relatively small amount of energy to recover PGM compared to current
conventional smelting processes. Pro-Or plans to implement these processes in
plants around the world.


The Company is also active in exploration, particularly on its James Bay
properties: Menarik, site of a large deposit of chromite nickel, and Ewart
property, a gold potential project.


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