Paramount Gold and Silver Reports Positive Drilling Results at San Miguel Deposit
Resource Expansion Likely from Higher Grade Gold Zones
CHIHUAHUA, MEXICO- New diamond drilling by Paramount Gold and Silver Corp. on its San Miguel deposit in the Palmarejo District of North Central Mexico confirms: gold grades increase with depth; gold is concentrated in southwest plunging zones; and a significant strike extension which should lead to resource expansion.
“These are the best drill results obtained to date from San Miguel and they demonstrate that we are beginning to understand the distribution of high-grade gold in this very large system,” Paramount Gold CEO Chris Crupi said. “We are now certain that a number of gold occurrences previously explored in shallow holes could represent much richer deposits at depth. Read more
