Saturday 10th December 2016

Resource Clips



Paramount reports Mexico Results up to 2.75 g/t Gold, 166.83 g/t Silver over 17.6m

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

2.75 g/t gold and 166.83 g/t silver over 17.6 metres
(including 6.89 g/t gold and 363.62 g/t silver over 6 metres)
2.07 g/t gold and 3.97 g/t silver over 19.2 metres
(including 4.18 g/t gold and 15.6 g/t silver over 0.7 metres)
1.76 g/t gold and 128.24 g/t silver over 9.2 metres
(including 4.62 g/t gold and 293.4 g/t silver over 2.5 metres)

CEO Christopher Crupi stated, “The Don Ese Deposit increasingly resembles the neighbouring Guadalupe Deposit on Coeur’s Palmarejo Mine. Guadalupe, which is being prepared for production later this year, is just one kilometre from Don Ese and contains measured and indicated resources of 450,00 ounces gold and 37.3 million ounces silver as of January 2010. Ore from the Guadalupe Deposit will be moved by road to the Palmarejo Mill, which will improve access to Don Ese. Meanwhile every hole we drill in La Veronica-Santa Clara mega-structure takes us closer to the possibility that this is one continuous precious metal occurrence with major economic consequences. We are very excited to begin filling in the gaps in this corridor.”

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Contact:
Glen Van Treek
VP of Exploration
or Chris Theodossiou
Investor Relations
866.481.2233

by Greg Klein

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