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

EPISODE · Apr 20, 2026 · 19 MIN

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

from The Prospector News Podcast · host Michael Fox

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/#IronOre #GreenSteel #MiningInvestment #PreIPO #DRGradeIron #ChampionIron #RioTinto #LabradorMining #NewfoundlandLabrador #IronConcentrate

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/#IronOre #GreenSteel #MiningInvestment #PreIPO #DRGradeIron #ChampionIron #RioTinto #LabradorMining #NewfoundlandLabrador #IronConcentrate

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

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This episode was published on April 20, 2026.

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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...

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