Paramount Gold and Silver Corp. to Present at Cowen Global Metals, Mining and Materials Conference in New York City

WINNEMUCCA, NEVADA--(Marketwired - Nov 11, 2013) - Paramount Gold and Silver Corp.'s (NYSE MKT:PZG) (TSX:PZG)(FRANKFURT:P6G) (WKN:A0HGKQ) ("Paramount") Chief Executive Officer, Christopher Crupi, will be presenting at the Cowen Global Metals, Mining and Materials Conference at the Plaza Hotel in New York City at 2:55 PM EST on Tuesday November 12, 2013.

The presentation will highlight the economic opportunity at both of Paramount's advanced stage exploration projects: San Miguel, Mexico; and Sleeper, Nevada.

The Cowen Global Metals, Mining and Materials Conference is an invitation only investment conference for fund and portfolio managers, institutional investors and analysts, and executive management of the world's leading mining companies.

For more information about Paramount Gold & Silver Corp. see www.paramountgold.com.

About Paramount Gold:

Paramount Gold is a U.S. based exploration and development company with multi-million ounce advanced stage precious metals projects in Nevada (Sleeper) and northern Mexico (San Miguel). Fully funded exploration programs are now in progress at these two core projects which are expected to generate substantial additional value for our shareholders.

The 100% owned San Miguel Project consists of over 140,000 hectares (approximately 350,000 acres) in the Palmarejo District of northwest Mexico, making Paramount the largest claim holder in this rapidly growing precious metals mining camp. The current work program at San Miguel is part of Paramount's strategy of expanding and upgrading known, large-scale precious metal occurrences in established mining camps, defining their economic potential and then partnering them with nearby producers. The San Miguel Project is ideally situated near established, low cost production where the infrastructure already exists for early, cost-effective exploitation. Paramount also owns 100% of the Sleeper Gold Project which is emerging as one of Nevada's largest new undeveloped gold resources.