Paramount Gold and Silver Announces Updated Reserve Estimates for Part of San Miguel

- December 28th, 2011

Paramount Gold and Silver Corp. (TSX:PZG,AMEX:PZG,FWB:P6G) announced new minerals estimates on two deposits at its San Miguel property.

Paramount Gold and Silver Corp. (TSX:PZG,AMEX:PZG,FWB:P6G) announced new minerals estimates on two deposits at its San Miguel property.

As quoted in the press release:

The new model for the La Union deposit estimates 807,000 ounces of silver and 8,800 ounces of gold in the Indicated category at a 25 gram per tonne silver-equivalent cut-off.

Click here for the Paramount Gold and Silver Corp. (TSX:PZG) press release.

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