Paramount Gold and Silver Reports More High-Grade Drill Results From its San Miguel Project

Paramount Gold and Silver (TSX:PZG,AMEX:PZG,FWB:P6G) announced additional high-grade gold and silver at its Mexico-based San Miguel project.

As quoted in the press release:

These six holes from the ongoing resource delineation program at the San Miguel Vein target all returned excellent intercepts including 10.8 meters grading 8.33 g/T of gold and 32.5 g/T of silver.

Paramount’s CEO, Christopher Crupi said:

We expect these results to expand the size and increase the grade of the San Miguel Vein resource. Over the next four months, we plan to report new resource estimates for all of the San Miguel deposits.

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