- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
New Drilling at Paramount Gold and Silver’s Sleeper Gold Extends Zone
Paramount Gold and Silver Corp. (NYSE:PZG, AMEX:PZG,TSX:PZG) announced that new drilling at their Sleeper Gold Project shows expansion to the PAD Zone and the prospective South Sleeper area.
Paramount Gold and Silver Corp. (NYSE:PZG, AMEX:PZG,TSX:PZG) announced that new drilling at their Sleeper Gold Project shows expansion to the PAD Zone and the prospective South Sleeper area.
As quoted in the press release:
The PAD and South Sleeper drill results are outside the current resource as defined in the PEA and are expected to expand the Sleeper Gold Project’s in-pit resource. Shallow drilling in the northeast portion of the Sleeper mine site under the original heap leach pad (the PAD zone) returned multiple near-surface intercepts well above the PEA cut-off grade including 48.8 meters grading 0.453 g/T gold, 9.1 meters of 0.82 g/T gold and 7.8 g/T silver and 6.7 meters of 0.83 g/T gold.
Paramount’s CEO, Christopher Crupi, said:
With the successful completion of the Sleeper PEA, we are now working to optimize the project’s economics by adding close-in resources at a higher average grade. The Sleeper project is a surprisingly robust project given its low grade, primarily because of its high volumes and low capital costs.
Outlook Reports
Featured Stocks
Browse Companies
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 2193.67 | +20.80 | |
Silver | 24.81 | +0.15 | |
Copper | 4.01 | 0.00 | |
Oil | 82.03 | +0.08 | |
Heating Oil | 2.65 | -0.02 | |
Natural Gas | 1.61 | 0.00 |
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.