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Stock Market & Financial Investment News

News Breaks
January 7, 2013
08:35 EDTPZGParamount Gold & Silver's Sleeper Gold Project extends mineralization
Paramount Gold and Silver announced that new core drilling on its 100%-owned Sleeper Gold Project in Nevada continues to expand both the PAD Zone discovered in 2011 and the prospective South Sleeper area. This drilling is part of an ongoing program to enhance the already robust economics of the project's recently completed Preliminary Economic Assessment released on September 13, 2012. The PEA predicts a 17 year operation with estimated average annual gold production of 172,000 ounces, a pre-tax NPV of $695M at a 5% discount rate and an IRR of 26.8%, all at a gold price of $1,384/oz.
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June 23, 2015
06:09 EDTPZGParamount Gold Nevada metallurgical tests support potential for improvements
Paramount Gold Nevada announced that a final report from its metallurgical consultants confirms the potential for substantially higher gold recoveries from Paramount's 100%-owned Sleeper Gold Project in Nevada. Column test gold recoveries from oxide material now average 80% from 78% - column test gold recoveries from mixed material average 77.5% - gold recoveries from sulfide material range from 76%-92.6% following proven oxidation pre-treatment.

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