Ressources Minières Pro-Or Inc.
TSX VENTURE : POI

Ressources Minières Pro-Or Inc.

August 20, 2007 14:28 ET

Pro-Or Signs Important Supply Contract for its St-Augustin PGM Recovery Plant

MONTREAL, QUEBEC--(Marketwire - Aug. 20, 2007) - Ressources Miniere Pro-Or Inc. ("Pro-Or" or the "Company") (TSX VENTURE:POI) is pleased to announce that it has signed an agreement with a European company for the supply of feed to the Company's platinum-group metals (PGM) recovery plant, bringing it a significant step closer to PGM production. The agreement ensures a supply of concentrate feed for at least the first year of plant operation.

In recent months, Pro-Or has been upgrading its plant in Saint-Augustin-de-Desmaures, Quebec, from a pilot-scale process to an ongoing industrial operation to recover PGM from recycled automotive catalytic converters. Carried out under the supervision of Phytronix Technology of Quebec City, modifications to the plant involved process engineering and the addition of feed capacity, operating and processing peripherals. This work is now complete.

"We are very pleased to have reached this essential stage in the project," stated Pro-Or Vice President, Leo-Guy Morrissette, who is responsible for developing Pro-Or's platinum group metals (PGM) recovery process. "With the feed supply secured, we are now heading into the initial production start-up phase, which we anticipate will last at least three months as we fine-tune the process on our way to full-scale operation."

The agreement also provides for the eventual creation of a joint venture between Pro-Or and its European partner to operate larger-scale plants in both Quebec and Europe.

About Pro-Or

Founded in 1986, Pro-Or has developed a process for recovering PGM (platinum-group metals) from recycled automotive catalytic converters. This process has been patented and is now in the commercialization phase. Engineering and equipment selection for a small-scale industrial plant have been completed. More information can be found on the Company's website at www.pro-or.com.

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