SOURCE: Prom Resources, Inc.

November 16, 2006 17:19 ET

Prom Resources, Inc. Reveals Assay Result

MIAMI, FL -- (MARKET WIRE) -- November 16, 2006 -- Prom Resources, Inc. (PINKSHEETS: PMRX) announced today the results of its first grab sample from an alluvial deposit in Madagascar. Recently, The Company's geologist grabbed a sample off a 25Kg stock pile from the deposit. The geologist logged the sample and shipped for assaying results.

The Company retained the services of Umicore Precious Metals, Ltd. ("Umicore"), Bangkok, Thailand, for the assaying services.

Umicore reported the following assay result on a random 8.93 gram grab as follows:

Wgt. In (Gms.)      Used (Gms.)    Wgt. Ret (Gms.)    %Au
8.93                0.04           8.53               91.30
Management remains committed to further reveal results from its on going mining ventures in the Republic of Madagascar as they become available.

About Prom Resources, Inc.

Prom Resources, Inc. is currently engaged in the active exploration and extraction of gold ore, corundum and beryl material at different mining and exploration perimeters in the Republic of Madagascar. For further information please visit our website at www.promresources.com or email us at info@promresources.com

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual financial or operating results of Prom Resources, Inc. and its subsidiaries (hereafter collectively referred to as "the Company," "we," "our" or "us") to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. The words or phrases "would be," "may allow," "intends to," "may likely," "are expected to," "may continue," "is anticipated," "estimate," "project," or similar expressions are intended to identify "forward-looking statements."

Contact Information

  • Investor Relations:
    Rich Kaiser
    Yes International, Inc.
    Telephone number: 800-631-8127