New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 22, 2014
08:38 EDTPZGParamount Gold & Silver reports favorable gold recoveries from Sleeper deposit
Paramount Gold and Silver announced that a successful preliminary bio-oxidation test of the high grade sulfide material from the West Wood area of Paramount's 100%-owned Sleeper Gold Project indicates that this high grade resource could be included in a revised Preliminary Economic Assessment, or PEA. Resources from West Wood were not included in the original 2012 PEA because of poor expected recoveries from the heap leach operation proposed for Sleeper in the PEA. Paramount CEO Christopher Crupi confirmed that the bio-ox test results "could have a major impact on the economics of the Sleeper Project. West Wood contains the highest grade material at the project, is close to the processing facilities and has a favourable strip ratio. Getting this resource into the economic model has been a high priority for us since completing the PEA."
News For PZG From The Last 14 Days
Check below for free stories on PZG the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
July 8, 2014
06:07 EDTPZGParamount Gold & Silver reports positive new resource estimate for San Miguel
Paramount Gold and Silver released the results of a new resource estimate prepared by Mine Development Associates of Reno Nevada, or MDA, for Paramount's 100%-owned San Miguel Project in northern Mexico. The new resource model on which the estimate is based "represents a major step forward in the evolution of San Miguel from a raw exploration prospect to what is now a mature, high quality economic opportunity," said Paramount CEO Christopher Crupi. In the new model, estimated global measured and indicated, or M&I, contained ounces of gold increased a robust 76%, from 638,000 to 1.12M. Estimated M&I contained ounces of silver rose 44%, from 53.6M to 77.1M. Inferred resources of gold and silver fell slightly as a portion of the inferred was converted to higher categories but the size of the total resource increased substantially. At a silver-to-gold ratio of 60, estimated M&I gold equivalent ounces total 2.41M at an estimated average gold equivalent grade of 1.71 g/T. For a detailed breakdown of tonnes and grade by category, please see the tables below.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use