Paragon Minerals Files South Tally Pond NI 43-101 on SEDAR

Paragon Minerals Corporation(TSXV:PGR) announced that it recently filed a NI 43-101 report for its South Tally Pond VMS project on SEDAR. The report was filed on March 2, 2012.

As quoted in the press release:

The mineral resource estimate includes an indicated resource of 1.24 million tonnes grading 5.38% zinc, 0.58% copper, 1.19% lead, 1.01 g/t gold and 59.17 g/t silver (15.40% ZnEQ) using a 7.5% zinc equivalent grade cut-off and inferred resource of 1.34 million tonnes grading 3.70% zinc, 0.41% copper, 0.86% lead, 1.00 g/t gold and 50.41 g/t silver (11.97% ZnEQ) using a 7.5% zinc equivalent grade cut-off.

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