Last $1.01 USD
Change Today +0.04 / 4.12%
Volume 732.1K
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As of 4:15 PM 07/29/14 All times are local (Market data is delayed by at least 15 minutes).

paramount gold and silver (PZG) Snapshot

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08/26/13 - $1.72
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01/10/14 - $0.78
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paramount gold and silver (PZG) Details

Paramount Gold and Silver Corp., an exploration stage company, acquires, explores, and develops gold, silver, and precious metal properties in the United States and Mexico. It owns a 100% interest in the San Miguel property located in southwestern Chihuahua, northern Mexico. The company’s projects also include the Sleeper Gold project located in Humboldt County; the Mill Creek property located to the south of Battle Mountain; and the Spring Valley property located in the Spring Valley area in Pershing County, Nevada. The company was founded in 2005 and is headquartered in Winnemucca, Nevada.

20 Employees
Last Reported Date: 09/9/13
Founded in 2005

paramount gold and silver (PZG) Top Compensated Officers

Founder, Chief Executive Officer, President, ...
Total Annual Compensation: $400.0K
Chief Financial Officer and Principal Account...
Total Annual Compensation: $289.9K
Chief Operating Officer and Vice President of...
Total Annual Compensation: $375.0K
Corporate Secretary
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

paramount gold and silver (PZG) Key Developments

Paramount Gold and Silver Corp. Releases the Results of New Resource Estimate for the San Miguel Project in Northern Mexico

Paramount Gold and Silver Corp. released the results of a new resource estimate prepared by Mine Development Associates of Reno Nevada (MDA) for Paramount's 100%-owned San Miguel Project in northern Mexico. In the new model, estimated global measured and indicated (M&I) contained ounces of gold increased a robust 76%, from 638,000 to 1,123,000. Estimated M&I contained ounces of silver rose 44%, from 53.6 million to 77.1 million. 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 2,408,000 at an estimated average gold equivalent grade of 1.71 g/T. The new resource estimate has incorporated the following: Data from new core drilling completed within the resource areas since the last update. Geological re-modeling and re-estimation of the San Francisco bulk tonnage gold-silver deposit reflecting the recent success of heap leach metallurgical testing on this material. Review of resource classification parameters based on drill confirmation of the predictability of the resource model, which has enhanced confidence. Resources at the high grade Don Ese underground deposit have increased substantially in the new estimate. Don Ese is located several hundred meters east of the Guadalupe deposit, which it closely resembles, and they probably sit within the same structure. Guadalupe is Coeur d'Alene's key development project at its neighboring Palmarejo mine complex. The large, bulk-mineable San Francisco gold-silver deposit was re-modeled following successful metallurgical testing of its heap leach potential; measured plus indicated contained metal now stands at 126,000 ounces of gold and 3.4 million ounces of silver, plus a further 566,000 ounces of gold and 14.7 million ounces of silver in the inferred category. The updated PEA is expected to include a heap leach component for San Francisco.

Paramount Gold and Silver Corp.(AMEX:PZG) dropped from Russell 2000 Index

Paramount Gold and Silver Corp. will be removed from the Russell 2000 Index.

Paramount Gold and Silver Corp.(AMEX:PZG) dropped from Russell 3000 Index

Paramount Gold and Silver Corp. will be removed from the Russell 3000 Index.


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