Granada Gold Mine Inc. press release
Research commentary on the latest positive metallurgical results at the Sleeper Mine Project owned by Paramount Gold and Silver Corp
TSXV - TSX Venture Exchange · Gold · Silver · Rubidium · Scandium · Cesium · Neodymium · Gallium · Hafnium · Strontium · Cerium · Rare Earth Elements · Magnet Rare Earth Elements · Canada
TORONTO, Canada – Smallcappower.com has issued a research commentary on the first phase of metallurgical testing conducted by Paramount Gold & Silver (TSX: PZG) (TSE: PZG) (AMEX: PZG) on the waste dumps at its 100%-owned Sleeper Gold Project in Nevada. The commentary is titled “Paramount Gold & Silver (TSX: PZG) Reports On Growing Economic Potential Of Its Sleeper Project”. To view the commentary please visit:
http://www.smallcappower.com/articles/Paramount_Gold_and_Silver_Corp_112211.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).
The company also owns the Sleeper Gold Project in Humboldt county in Nevada, a past producing open pit mine operated by AMAX Gold from 1986 until 1996 when gold traded below $400 per Oz. Sleeper produced 1.66 million ounces of Gold and 2.3 million ounces of Silver. Paramount has since consolidated the land around Sleeper mine and now has 30 square miles of land in one of the most prospective mining districts in Nevada near existing mining infrastructure. 10 miles south of Sleeper is Newmont’s (NYSE: NEM) Sandman project (acquired after Newmont’s acquisition of Fronteer Gold).
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.htm 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.
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Disclosure
Smallcappower.com has received compensation from Paramount Gold & Silver Corp for website 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.
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For additional information contact: Vikas Ranjan Managing Director, Ubika Research Phone: 647-352-2666 Email: vikas@ubikacorp.com