:. Control of over 100,000 hectares, including the flagship San Miguel project in the Sierra Madre Gold-Silver belt in northern Mexico
:. Initial N1 43-101 established an inferred resource of 4.04M metric tonnes grading 272.7 grams of silver per tonne (35.8 M oz Ag equivalent)
:. Ongoing 50,000 meter drill program to upgrade and expand preliminary inferred resource, and to extend mineralized zones
:. Completed US $25 M in financing in 2007
:. Strong management team with over 250 years of combined mining experience

 

Paramount Gold and Silver Corp is a precious metals exploration company listed on the American Stock Exchange (AMEX) and the Toronto Stock Exchange (TSX) under the symbol “PZG”, and quoted on the Frankfurt Stock Exchange under the symbol “P6G”. The company’s objectives are to aggressively explore and develop the San Miguel project, located in Chihuahua, Mexico within the Sierra Madre Occidental gold/silver belt.

The San Miguel project: A significant new discovery

Paramount has completed over 27,000 meters of core drilling, totaling 157 drill holes on the project, with results pending on 43 of these holes. In April 2007, Paramount began a 50,000 meter drill program, of which 20,000 meters have been completed to date.

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Call us toll-free: 1-866-481-2233 or visit us online www.paramountgold.com