Paramount Gold and Silver reported today that results from four new shallow core holes on its 100%-owned San Miguel Project in Mexico confirm the continuity of mineralization along the 7.5 km. long Guazapares Megastructure. These holes were drilled into the 1.2 km untested gap separating the San Antonio and La Veronica deposits. (See maps below [...]
WINNEMUCCA, NEVADA -- (Marketwire) -- 06/18/12 -- Paramount Gold and Silver Corp.(NYSE MKT: PZG)(NYSE Amex: PZG)(TSX: PZG)(FRANKFURT: P6G)(WKN: A0HGKQ) ("Paramount") reported today that Mine Development Associates (www.mda.com) of Reno, Nevada is currently preparing an updated National Instrument 43-101-compliant mineral resource estimate for its [...]
Paramount Gold and Silver reported today that it has discovered new, high-grade gold/silver mineralization at La Bavisa, a new target on Paramount's 100%-owned San Miguel Project in Mexico. La Bavisa sits within the Palmarejo/Don Ese Trend which, immediately to the west, hosts the successful Palmarejo and Guadalupe mines operated by Coeur d'Alene [...]
Gold prices have fallen in 11 of the last 13 trading sessions and hit a 10 month low Wednesday as concerns over Europe's debt crisis continues to grow. Growing concerns have had investors looking to the U.S. dollar as a safe haven, driving the currency higher. This has resulted in downward pressure for gold futures by making them more expensive for [...]
Paramount Gold and Silver today reported outstanding new assays from the southward extension of the high-grade La Union zone which could have major consequences for its 100%-owned San Miguel Project. La Union lies within the 7.5 km long Guazapares Megastructure which hosts a series of precious metal zones with unexplored gaps between them. To the [...]
Paramount today reported more high grade assay results from its Don Ese North deposit located less that 1 km east of the Guadalupe underground mine operated by Coeur d'Alene Mines. The Don Ese high-grade gold and silver deposit was discovered by Paramount on its 100%-owned San Miguel Project in Mexico in December). The first hole drilled into the [...]
Precious Metals future looks bright as analysts predict prices to gain across the board in the coming year. According to the median estimate of 11 analysts surveyed by Bloomberg, they expect a gain of 15 percent for gold, 13 percent for silver and 11 percent for platinum. Five Star Equities examines the outlook for companies in the Precious Metals [...]
WINNEMUCCA, NEVADA -- (Marketwire) -- 03/30/12 -- Paramount Gold and Silver Corp. (NYSE Amex: PZG)(TSX: PZG)(FRANKFURT: P6G)(WKN: A0HGKQ) ("Paramount" or the "Company") has closed its previously announced (see news release dated March 28, 2012) non-brokered private placement funding of common stock (the "Transaction"). Paramount has sold [...]
WINNEMUCCA, NEVADA -- (Marketwire) -- 03/28/12 -- Paramount Gold and Silver Corp. (TSX: PZG) (NYSE Amex: PZG) (FRANKFURT: P6G) (WKN: A0HGKQ) ("Paramount" or the "Company") has entered into definitive agreements with accredited investors to issue shares of its common stock in a private placement transaction (the "Transaction"). Under the terms of [...]
Paramount Gold and Silver today reported more outstanding assay results which significantly expand the size of its new high-grade gold discovery south of the La Union zone as announced last month. Core hole LU-12-035 intersected 23.8 meters grading 4.7 g/T of gold and 6.8 g/T of silver. Hole LU-12-035 lies 80 meters south of discovery core hole [...]
Paramount Gold and Silver Corp. reported today that new drilling has found higher gold grades at the San Francisco target on its 100%-owned San Miguel Project in Mexico. Eight new holes in the northern and western portions of the San Francisco deposit have returned: (a) higher-grade mineralization up to 27.1 g/T of gold and 24.0 g/T of silver; and [...]
WINNEMUCCA, NEVADA -- (Marketwire) -- 03/04/12 -- Paramount Gold and Silver Corp. (NYSE Amex: PZG)(TSX: PZG)(FRANKFURT: P6G)(WKN: A0HGKQ) ('Paramount') reported today that new drilling has found higher gold grades at the San Francisco target on its 100%-owned San Miguel Project in Mexico. Eight new holes in the northern and western portions of the