Minerals

While all neighboring countries are rich in mineral resources, Paraguay’s rich natural resources underground have yet to be developed. Paraguayan government actively encourages the development of mining industry and since the passing of the new mining Ordinance in 2007 numerous multinational mining companies have invested in the country. A Canadian mining company has already drilled in areas near Paso Yobai in Paraguay. The gold veins diagram being made 300 meters underground shows that the major vein is passing through this area. This block is not deep and is easy for excavation. AET has already gotten the gold mining license in Paso Yobai and its neighboring area.