Nilam Resources Inc. (NILR.OB) is a gold production and geological exploration company set to meet the world’s increasing demand for mineral resources. Operations are based in South America, and the company is currently developing 3 major gold mining operations in Peru: Pativilca project, El Varon project and LLIPA project. Nilam Resources sets the highest standards for mining operations, management and corporate values, and is regarded within the industry as one of the leading gold producers in South America.
The company is headquartered in Toronto, Ontario, Canada and led by Alain Vachon. Mr. Vachon is an accomplished geologist with over 30 years of experience in the mining industry who has proven himself with the success of Paramount Gold and Silver Corp. (PZG), a company that graduated from OTC exchange to TSX and then AMEX. Nilam Resources is supported by a fantastic board of directors that have a wealth of experience in mining and geological explorations.
Nilam Resources knows that long-term economic conditions strongly favor a global demand for precious metals such as gold, silver, copper and other minerals. These precious commodities are what NILR hopes to collect and acquire, as the future values of these items are more than likely to continue growing at their current astounding rates with inflation and oil prices soaring. Gold has strong potential to become the center of the global financial system, and Nilam Resources hopes to play a large role in this transition.
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