EQT Corporation press release

Commentary On The Aggressive Development Plan Announced By Paramount Gold And Silver

2011-06-01

NYSE - New York Stock Exchange · Natural Gas · Natural Gas Liquids · Oil · United States

Jun. 1, 2011 (Baystreet.ca) --

TORONTO, Canada – Ubika Research has issued a commentary on the project development strategy announced by Paramount Gold and Silver on its Mexican and Nevada gold projects. The commentary is titled “Paramount Gold working aggressively to advance its gold and silver projects in Mexico and Nevada, USA”. To view the commentary please visit: http://www.smallcappower.com/articles/ParamountGold_060111.html

Paramount Gold & Silver Corp (NYSE Amex: PZG) (TSX: PZG) (FRANKFURT: P6G) is well capitalized and has a huge land package in excess of 450,000 acres in its San Miguel Project (Mexico) and engulfs Coeur d`Alene Mines’ (NYSE: CDE) Palmarejo Mine. The company has a NI 43 101 compliant resource estimate of 285,375 indicated gold equivalent ounces and 1,607,975 inferred gold equivalent ounces (based on 1:40 gold to silver ratio)

Please visit the investor information hub for Paramount Gold and Silver (NYSE Amex: PZG) (TSX: PZG) (FRANKFURT: P6G) at: http://www.smallcappower.com/microsite/paramount_gold_silver_corp.html to view analyst commentary and CEO video interview.

Paramount Gold and Silver is a member of The Ubika Gold 50 an index of promising junior gold exploration companies that was up 99% in 2010.

About Ubika Research

Ubika Research is an investment research and capital market services firm based in Toronto and Vancouver. It provides comprehensive research, communication and capital market exposure program to highlight the investment potential in micro and small cap companies. For more information visit www.ubikaresearch.com

Disclosure

Ubika Research has received compensation from Paramount Gold & Silver Corp for providing capital market exposure services.

Except for the historical information presented herein, matters discussed in this document contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements.

Ubika Research and www.smallcappower.com (are both divisions of Ubika Corporation), and are not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this report. For making specific investment decisions, readers should seek their own advice. For full disclosure please visit: http://smallcappower.com/disclosure.aspx

For additional information contact:

Vikas Ranjan

Managing Director, Ubika Research

Phone: 647-352-2666

Email: vikas@ubikacorp.com