Message #50 From:
NewsBot Date: April 13, 2008 03:44:36 PM
Paramount Gold and Silver Corp. Adds Senior Technical Advisor to Team
Paramount Gold and Silver Corp (TSX: PZG)(AMEX: PZG)(FRANKFURT:
P6G)(WKN: A0HGKQ) is pleased to announce the addition of Danny Sims as
Senior Technical Advisor. Dr. Sims has a bachelor's degree from the
University of Cincinnati, M.S. and Ph.D. degrees in economic geology
from the University of Arizona, and a J.D. degree from the University
of Arizona. Dr. Sims is a fellow member of the Society of Economic
Geologists, a California licensed Professional Geologist, and a member
of the Arizona Bar. He has over 20 years of experience in the industry
with a wide array of skills.
Dr. Sims' first task and priority as part of the Paramount team is
to lead the upcoming National Instrument 43-101 compliant resource
estimate at their San Miguel Project in Mexico.
Dr. Sims started his career as an exploration geologist, working
first for Newmont Exploration, and later for Cominco Alaska
Exploration. He began working in active mines while conducting his
Ph.D. research at Cominco's Red Dog Mine, where his study of the
relationship of ore and structural geology predicted the location of
the yet undiscovered Aqquluk deposit (published inferred reserve of 76
Mt grading 13.7% zinc, 3.6% lead, and 66 g/t silver).
After graduate school, Dr. Sims became Senior Geologist and Partner
with Call & Nicholas, Incorporated. While at Call & Nicholas,
he supported engineers in the design of open pit and underground mines
throughout North America, South America, and Asia by developing
detailed structural geology maps, databases, and interpretations. Some
of the mines that Dr. Sims conducted significant work at as a
consultant include Freeport McMoRan's Grasberg, IOZ, DOZ, and Kucing
Liar mines (copper-gold); Cuajone, Tyrone, Chino, and Sierrita
(porphyry copper); Thompson Creek (molybdenum); Refugio, Lone Tree and
Twin Creeks (gold); Diavik (diamonds); Calaveras (limestone); Rasmussen
Ridge (phosphate), and Boron (borax). Dr. Sims coauthored an invited
paper that describes the methodology that Call & Nicholas developed
for structural geology analysis of ore deposits in a publication titled
Collecting and Using Geologic Structure Data for Slope Design, in,
Slope Stability in Surface Mining, SME (2000).
Dr. Sims also practiced mining law and commercial litigation with
Ryley Carlock & Applewhite. At RCA he conducted legal due diligence
for the purchase of mining properties, worked with federal regulators,
and did extensive work to successfully secure legal title of disputed
mining claims.
"Safe-Harbor" Statement: This press release contains forward-looking
information within the meaning of Section 21E of the Securities
Exchange Act of 1934. All statements that are not statements of
historical fact regarding the intent, belief or current expectations of
the Company may not be realized. Investors are cautioned that any such
forward-looking statements are not guarantees of future performance and
involve risks and uncertainties, many of which are beyond the Company's
ability to control, and that actual results may differ materially.
The Toronto Stock Exchange has not reviewed and therefore does not
accept responsibility for the adequacy or accuracy of this release.
Contacts: Paramount Gold and Silver Corp.
Christopher Crupi, CEO
Chris Halkai, Investor Relations
866-481-2233
613-226-9881
