Monday 24th October 2016

Resource Clips

Paramount reports Nevada Gold Assays as high as 2.73 g/t over 17.4m

Resource Clips - essential news on junior gold mining and junior silver miningParamount Gold and Silver Corp TSX:PZG announced assay results from its Sleeper gold project in Nevada. Highlights include

0.93 g/t gold over 17.3 metres
1.23 g/t over 2.3 metres
1.24 g/t over 9.1 metres (including 5.32 g/t over 1.5 metres)
2.73 g/t over 17.4 metres (including 6.79 g/t over 6.2 metres)

CEO Christopher Crupi stated, “Drilling the Sleeper project continues to be highly rewarding. We have had considerable success expanding resources in the immediate area of the old pit and we will continue with this focus. We have also learned a great deal from our first drill programs and we now intend to take this knowledge further afield to explore a number of new targets in 2012.”

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Glen Van Treek
VP Exploration

or Chris Theodossiou
Investor Relations

by Ted Niles

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