Friday 2nd December 2016

Resource Clips



Paramount reports Mexico Silver Assays up to 103 g/t over 21.3m

Paramount Gold and Silver Corp PZG:CA announced results from the San Francisco target of its San Miguel Project in northwest Mexico. Assays include 187.5 g/t silver over 3 metres, 454.4 g/t silver over 4.6 metres, 103 g/t silver over 21.3 metres, 150.5 g/t silver over 7.6 metres, 115.8 g/t silver over 4.6 metres, 1.8 g/t gold over 15.2 metres, 8.98 g/t gold over 7.6 metres (including 38.2 g/t gold over 1.6 metres), 3.81 g/t gold over 9.2 metres and 1.62 g/t gold over 24 metres.

Results from the 2009/2010 resource delineation drilling at the San Francisco, Veronica, Monte Cristo and San Miguel Vein targets will be incorporated into a new NI 43-101 compliant resource estimate expected in the first quarter of 2011.

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Contact:
Christopher Crupi
CEO
613.226.9881

or Chris Theodossiou
Investor Relations
866.481.2233

by Ted Niles

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