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AMEX:PZG

Paramount Gold and Silver Corp. (TSX:PZG, NYSE:PZG, AMEX:PZG) announced updates on exploration activities and plans to release the PEA for its San Miguel Project in Mexico.

Paramount Gold and Silver Corp. (TSX:PZG, NYSE:PZG, AMEX:PZG) announced updates on exploration activities and plans to release the PEA for its San Miguel Project in Mexico.

As quoted in the press release:

The expanded PEA will include mine plans for six resource areas and incorporate data from a total of 128,000 meters of drilling from 511 drill holes including 139 new core holes totaling 37,925 meters completed during 2011 and the first half of 2012. The PEA is being prepared by Metal Mining Consultants Inc., Colorado formerly Scott E. Wilson Consulting Inc., a respected engineering team with experience in mid-size projects like San Miguel.

To view the whole press release, click here.

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