Saturday 20th October 2018

Resource Clips

Paramount reports Mexico Assays of 2.79 g/t Gold, 325.07 g/t Silver over 22m

Resource Clips - essential news on junior gold mining and junior silver miningParamount Gold and Silver Corp TSX:PZG announced results from its San Miguel Project in northwestern Mexico. Highlights include

2.79 g/t gold and 325.07 g/t silver over 22 metres (including 6.26 g/t gold and 106.86 g/t silver over 6.5 metres)
4.45 g/t gold and 89.41 g/t silver over 16.4 metres (including 5.56 g/t gold and 120.14 g/t silver over 9.2 metres)
1.57 g/t gold and 39.4 g/t silver over 24.3 metres
1.37 g/t gold and 230.74 g/t silver over 27.3 metres (including 7.83 g/t gold and 599 g/t silver over 1.75 metres)
3.38 g/t gold and 285.43 g/t silver over 8.3 metres (including 7.85 g/t gold and 941 g/t silver over 2 metres)

CEO Christopher Crupi stated, “We believe we are moving towards a considerably larger and better-defined resource at San Miguel compared to the preliminary estimates released last April. At that time, we announced MDA’s first estimate for five deposits—the San Miguel Vein, San Francisco, Monte Cristo/Sangre de Cristo, La Veronica and Don Ese—using more stringent standards of estimation suitable for a PEA. These estimates were then used as a guide for further drilling to expand and upgrade this preliminary resource. Since that time, we have undertaken considerable additional work on these five targets, as well as on San Antonio, with notable success. We also expect to add resources from the other deposits which were not estimated by MDA in April.”

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Glen Van Treek
VP of Exploration
or Chris Theodossiou
Investor Relations

by Greg Klein

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