Saturday 1st October 2016

Resource Clips



Paramount reports Mexico Silver Assays up to 418 g/t over 11.5m

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 Mexico. Assays include

89.26 g/t silver over 4.3 metres
66.19 g/t over 3 metres
45.7 g/t over 10 metres
115.08 g/t over 2.4 metres
418.21 g/t over 11.5 metres (including 1,896.36 g/t over 2.2 metres)
303.62 g/t over 3.6 metres
198.02 g/t over 2.2 metres
62.3 g/t over 3.7 metres
20.06 g/t over 19.7 metres
101.16 g/t over 8.5 metres
201.89 g/t over 20.8 metres
29.92 g/t over 10 metres
218.27 g/t over 4.6 metres
104.18 g/t over 20.8 metres (including 445.69 g/t over 1.5 metres)
92.28 g/t over 11.5 metres
496 g/t over 0.5 metres
104.2 g/t over 14.2 metres
161.13 g/t over 4.7 metres

CEO Christopher Crupi commented, “These results are very exciting because they confirm the potential for a low-cost open pit mine which could offer excellent returns while the deeper, gold-rich deposits are developed from underground. We are also increasingly encouraged by the possibility of melding together the four deposits in the mega structure into one big operation with a significantly larger resource. All the evidence suggests that what we thought of as separate deposits are actually parts of a larger whole. The sheer number of exceptional opportunities available to us for resource expansion is proving to us that the San Miguel Project is one of the premier precious metals projects in Mexico.”

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Contact:
Glen Van Treek
VP Exploration
613.226.9881

or Christopher Crupi
CEO
613.226.9881

by Ted Niles

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