Sunday 23rd October 2016

Resource Clips

Paramount reports Mexico Assays of 2.4 g/t Gold, 661.6 g/t Silver over 14.4m

Resource Clips - essential news on junior gold mining and junior silver miningParamount Gold and Silver Corp TSX:PZG announced drill results from the San Miguel vein target of its San Miguel project in northern Mexico. Assays include

2.47 g/t gold and 196.3 g/t silver over 21.9 metres
(including 4.11 g/t gold and 79.1 g/t silver over 12.4 metres)
2.4 g/t gold and 661.6 g/t silver over 14.4 metres
(including 4.71 g/t gold and 930.6 g/t silver over 5.7 metres)
0.95 g/t gold and 22.4 g/t silver over 10.7 metres
7.9 g/t gold and 18 g/t silver over 10.6 metres

CEO Christopher Crupi commented, “Drilling on the San Miguel project continues to confirm the extraordinary size and robustness of the mineralizing systems in this mining district. It is gratifying to see our high success rate on targets like the San Miguel Vein as we have progressively learned more about the geology. Reflecting this success, we are adding an additional drill to the current program, bringing the total to three.”

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Glen Van Treek
VP Exploration

or Chris Theodossiou
Investor Relations

by Ted Niles

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