Paramount Gold and Silver Expects to Expand San Francisco Resource

Paramount Gold and Silver Corp. (TSX:PZG,NYSE:PZG) announced that drilling at its Mexico-based San Miguel project continues to expand the potential size of the San Francisco deposit.

As quoted in the press release:

Three new holes intersected shallow oxide mineralization in areas with limited or no previous drilling. Two other recently reported holes also intersected wide zones of oxide precious metal mineralization close to surface in the San Francisco deposit. Together, these five holes are expected to increase the size of the San Francisco resource and pit configuration contained in the San Miguel Preliminary Economic Assessment( PEA) released on August 25, 2014.

Click here to read the full Paramount Gold and Silver Corp. (TSX:PZG,NYSE:PZG) press release.