The Prospector News

Farzad Nader: Red Paramount Iron Pre-IPO – 69% DR Grade Iron Ore Gem w/ $1.2B NPV? COO Reveals All

You have opened a direct link to the current edition PDF

Open PDF Close
Slider

Share this news article

Farzad Nader: Red Paramount Iron Pre-IPO – 69% DR Grade Iron Ore Gem w/ $1.2B NPV? COO Reveals All

 

 

 

 

In this exclusive interview, Michael Fox sits down with Farzad Nader, COO of Red Paramount Iron, to dive into their high-grade DR iron ore Lac Virot project near the Quebec-Labrador border—surrounded by giants like Rio Tinto, Champion Iron, Tacora Resources, and ArcelorMittal in Canada’s top iron-producing region. Farzad breaks down their advanced Newfoundland Labrador mining project boasting 69% iron content, over 500 million tons of resources, 12,000 meters of drilling, and stellar economics (17% IRR/$500M NPV base case; 30%+ IRR/$1.2B NPV premium). They’re raising $15-25M pre-IPO from strategic investors for PFS, First Nations engagement, permitting, and expansion on their massive 133 sq km lease—mirroring Champion Iron’s success while targeting green steel with ultra-low impurity concentrate. Export plans leverage the expanding Port of Sept-Îles for Europe (CBAM 2026), Japan, Korea, and beyond. Stay tuned for IPO updates—contact Red Paramount for investment ops!

 

https://redparamount.ca/

 

Posted April 20, 2026

Share this news article

MORE or "SLIDER"


Jeff Christian – “Gold and Silver Market Outlook: Rally Continues or Pullback Ahead?” (Video)

In this presentation, Jeffrey Christian of CPM Group discusses recent mo... READ MORE

April 20, 2026

David Morgan – “Rethinking The Energy Transition: A Resource Perspective”

This week, I wanted to take a slightly different approach and revisit an... READ MORE

April 20, 2026

Rick Mills: “Electric Metals - Developing North America's Highest-Grade Manganese Deposit”

Electric Metals (USA) Limited (TSX-V:EML) (OTCQB:EMUS) has the highest-... READ MORE

April 20, 2026

Chris Temple - BacTech Environmental (CSE-BAC) (OTCQB-BCCEF) Update! Patent filing in U.S. and Canada.

In this discussion, I am joined by BacTech C.E.O. Ross Orr follow... READ MORE

April 20, 2026

Copyright 2026 The Prospector News