Paramount Gold & Silver reports high grade gold

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Tue, Oct 14, 2008
Gold Company News
Post by Melissa Pistilli, Gold Senior Reporter

Paramount Gold and Silver reports high grade gold assays at Clavo 99 with sigificant gold mineralization.

Drill hole LU-19 has expanded the resource by intercepting a hanging wall structure grading 3.27 g/t gold and 133 g/t silver across a true thickness of 6.75 meters. The main targeted structure contained a 0.85 meter (true width) intercept of 12.56 g/t gold.

Larry Segerstrom, COO of Paramount Gold and Silver Corp comments:

“Continued good results at Clavo 66 support Paramount’s decision to proceed with prefeasibility studies.”

For full details of this press release, click this link. Gold Investing News researchers discovered Paramount Gold & Silver’s project described on their website. Follow developments in gold mining and exploration for free.
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