Paramount Gold and Silver Corp. is a precious metals exploration company quoted on the AMEX and the TSX under the symbol PZG and listed on the Frankfurt Stock Exchange under the symbol P6G (WKN: A0HGKQ). The Company’s objectives are to explore and develop the San Miguel project, located in Chihuahua, Mexico, within the Sierra Madre Occidental gold/silver belt. 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 2007, Paramount completed $25 million in financing, which is being utilized to develop their San Miguel and Andrea projects and other opportunities.

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