PARAMOUNT GOLD AND SILVER (PZG.to) or (PZG-Amex)

I have been trying to buy this. I got some, but good luck trying to by $50,000 worth.

Written back in September -

Back to Mexico Paramound Gold&Silver Amex/TSX: PZG $2.81 Buy

Going back to Mexico, I sat down with Larry Segrestrom of Paramount Gold and Silver TSX/AMEX:PZG
$2.81 and went through a 3-D model of the deposit at San Miguel. They have done a lot more surface
work utilizing their South American exploration team and using some state of the art equipment like
the Pima Meter (identifies minerals in soil/rock) that few if any junior exploration companies have.
They have used all this new surface information along with the trenching and drill results to date
for this 3-D model. It is not complete yet, but should be around the time of the next resource
update, late 2007, early 2008 time frame. However, they have gained a lot of knowledge about the
system and what controls the silver and gold mineralization. There has been at least two distinct
mineralizing events, one for silver/lead/zinc and another for gold/silver. They may have also
identified on how to key the drilling in on the higher grade targets hosting more gold with higher
silver.

Drill results have been slow in coming out and this was due to back up at the Labs and it took
Paramount longer than expected to increase their land disturbance agreements so they could have more
drill pads completed ahead of the drills, since they now have two drills going 24/7. We should now
start seeing a more steady flow of drill results, starting this week or next and that along with the
senior stock listings, initiation of analyst coverage and more exposure, the stock is going to start
moving. The San Miguel system is on surface and very robust. If you compare with Orko above,
Paramount identified 38 million ounces with 39 shallow drill holes (Orko 35.8 million ounces with
76 drill holes). Paramount has not drilled down dip yet, where Orko has.

Paramount's 43-10 only considered high grade resources where the average grade worked out to be 246
g/t silver using a 120 g/t cut off. Orko was almost the same, 253.7 average grade but a higher 150
g/t cut off.


I heard some companies bragging at the Summit that they found silver resources for only $0.15/ounce,
Paramount has found this much silver thus far at a cost of less than $0.07 cents per ounce of
silver.

What I am trying to convey here, it looks like Paramount's San Miguel is a very robust mineralized
system, in the top echelon when compared with other companies and apparently, Paramount geologists
believe they are not into the best part of it yet. I can hardly wait to see results from these
better areas of the system.

http://www.playstocks.net/RSRV13150Sept232007OK.asp

Thanks Duckncover! Great stuff!

https://www.playstocks.net/RSUV13171Oct232007PZG.asp

PZG update

PZG Update -

Numerous site visits by analysts, funds, etc. due inpart to the success of the road show.

http://www.paramountgold.com/_docs/en_BeaconRockResearchReport-Jan18.pdf

"Paramount is more similar to Orko Silver Corp (TSX: OK). Orko has a 10.4 million tonne resource with an estimated 73.1 million Ag eq. ounce deposit. Orko’s stock price trended up from the $0.50 per share range in September 2006, when they had a resource estimated at 3.4 million tonnes and 28.7 million Ag eq. ounces, to over $2.00 per share more recently. Orko’s current resource was based on 120 holes, but they have since completed an additional 38 drill holes for a total of 70,000 meters. We consider Paramount to be in a similar growth pattern that could double the Company’s stock in the next 12 to 18 months. Both Orko and Paramount have solid land position with good ability to increase and upgrade its resource and make additional discoveries. We see both companies as having good potential to make acquisitions as being acquired at a premium."

Paramount VS Palmarejo slide taken from corporate presentation-

Paramount
:. Approx. 55 M shares outstanding
:. $110 M Market Cap
:. Potential 2-4 million ounce Au equiv.
resource
:. Gold presently over $800/oz
:. Potential share price, based on PJO
comparables, with equivalent resource, could
be $22/share

Palmarejo
:. Approx. 100 M shares outstanding
:. $800 M Market Cap at time of acquisition
:. Acquired for $1.1 Billion (40% premium to
previous day closing price @ $11 share)
:. Gold was approx. $660/oz at time of sale
:. 3.1 Million ounce Au equivalent resource
:. Purchase price was valued at $354/oz Au

http://www.paramountgold.com/_docs/Metals&MiningWeeklyJanuary212008.pdf

Paramount Gold and Silver Corp.—site tour of San Miguel project1
"Paramount Gold and Silver Corp. (PZG, TSX/AMEX) is an Ottawa-based exploration company focused on silver-gold projects in northern Mexico. The company has 59.36m fully diluted shares outstanding and working capital of approximately US$14.35m as at September 30, 2007.

On January 15–16, we had the opportunity to tour the San Miguel project with Charles Reed, Manager of Exploration (Mexico) and a director of Paramount, and Lawrence Segerstrom, Chief Operating Officer.

Source: Company reports

The San Miguel project is located in the state of Chihuahua in the Sierra Madre Occidental mountain range, approximately 400 km from the city of Chihuahua and 20 km north of the town of Temoris (population 1,500). Paramount has earned a 70% stake in the project, with the other 30% held by Tara Gold Resources Corp. (TRGD, OTCBB).

Less than 10 km to the east is the Palmarejo project, operated by Palmarejo Silver and Gold Corporation before it was bought by Coeur d’Alene Mines Corporation (CDM, TSX/CDE, NYSE) in 2007 for US$1.1b. At the time of the purchase, the project hosted measured and indicated resources of 88.7m ounces of silver and 1.0m ounces of gold, and an inferred resource of 61.4m ounces of silver and 0.7m ounces of gold. The Palmarejo project is expected to begin production in early 2009 at an
annualized rate of 10.4m ounces of silver and 115,000 ounces of gold and an initial minelife of nine years.

History
Mining in the San Miguel district dates back to 1620 and occurred as recently as the 1970s though on a small-scale basis. Intermittent drilling occurred from the 1950s to the 1990s. Paramount has embarked on the first major modern exploration effort on the concessions with geologic mapping, trenching and diamond drilling beginning in the spring of 2006.

Targets
To date, Paramount has diamond-drilled a total of approximately 27,000 metres (20,000 metres in 2007). One drill is currently turning at the San Miguel target, with another scheduled to arrive on the property in February. Assay results from approximately 9,000 metres are still to be released.

The project contains a number of targets that can be grouped as follows:
• Silver-rich area from Santa Clara in the south to El Carmen (including the gold-rich, past-producing San Jose mine),
• Gold-rich La Veronica and Monte Cristo (bulk tonnage) targets in the north, and
• Gold-rich San Miguel target to the east.

In March 2007, Paramount released its first National Instrument 43-101 resource estimate based on 42 drill holes from the La Union, San Luis, San Antonio and El Carmen targets. This produced an inferred 4m tonnes with a silver equivalent grade of 273 grams per tonne (g/t; 0.42 g/t gold and 151 g/t silver) for over 35m silver equivalent ounces.

Geology
Mineralization is typical of the Sierra Madre Occidentals and consists of multi-phase epithermal, low-sulphidation, silver-gold vein, breccia and quartz veinlet stockwork deposits within a north-northwest trending, steeply dipping (60–70 degrees) fault zone. The deposits occur in an en echelon fashion along up to 10 km of strike length. Mineralization at the Monte Cristo target is also associated with a breccia zone developed at the margins of a rhyodacitic dome.
In general, the topography at San Miguel, though hilly, appears much more level than Coeur d’Alene’s neighbouring Palmarejo project.

Exploration and resource update

To date, Paramount has drill tested only a portion of the project’s strike length and to shallow depths (up to 150 metres). The company’s geologists recently met to outline targets for a comprehensive drill program for 2008 though they are still awaiting 9,000 metres of assay results, an independent structural geology report and results from a geophysical study to better understand and target mineralization at depth.
The near-term focus will be on the San Miguel and San Jose targets, the latter a past-producing mine with a reported average grade of 12 g/t gold and 350 g/t silver and more than 10% combined lead and zinc. At San Jose, Paramount sampled 11.31 g/t gold and 87 g/t silver across 25.8 metres.
Paramount intends to complete an updated resource estimate for the 3Q and commence a scoping study later this year. Metallurgical and environmental baseline studies are scheduled to begin in 2008.

Other projects
We also had the opportunity to fly over Paramount’s 100%-owned, 86,300 ha Andrea concession that covers most of the ground between San Miguel and Goldcorp’s (G, TSX/GG, NYSE) El Sauzal mine. The company has identified several gold and silver targets, and one copper porphyry target, through sediment sampling of over 300 drainage basins.

In October 2006, Paramount signed a letter of intent with Garibaldi Resources Corp. (GGI, TSX-V) to earn up to an 80% interest in over 6,000 ha surrounding the San Miguel project. The company is planning to conduct geologic mapping and surface sampling to establish drill targets."

Paramount Gold and Silver Corp. Reports High Grade Gold Results from Surface and Underground Sampling of a New Area in its San Miguel Project

Chihuahua, Mexico - (MarketWire) – February 14, 2007 - Paramount Gold and Silver Corp. (AMEX: PZG) (TSX: PZG.TO) (Frankfurt: P6G, WKN: A0HGKQ) is pleased to announce assay results from sampling of veins and breccias in the previously untested Guadalupe de Los Reyes area in its San Miguel project, in the Guazapares Mining District, Mexico.

The Guadalupe de Los Reyes area is inside the large rhyodacite dome complex that is exposed between the San Miguel and Montecristo Zones. The higher precious metals grades are associated with northeast and northwest trending fault zones, which is consistent with our project exploration model. In this area, gold and silver occur in quartz veins and hydrothermal breccias along the faults, as well as in adjacent quartz veinlet stockworks and breccias. The principal structure is exposed for approximately 100 meters along strike, and appears to continue under cover to the northeast. The Guadalupe de Los Reyes mine is found on this principal structure, and is the site of historic, small-scale, high-grade gold production.

Sampling and geologic mapping are ongoing, tracing these and parallel structures along strike, with the goal of defining drilling targets. These results are particularly exciting because they indicate that this is a gold dominant part of the system with excellent gold grades and high gold-to-silver ratios. As noted in the table below, the mineralization exposed on the surface is several meters wide with gold grades in the range of 3.7 to 6.6 g/t. Underground sampling of accessible portions of the old Guadalupe de Los Reyes mine, down to a depth of 20 meters from the surface, included intervals with gold grades of up to 20.7 g/t.

Highlights of the assay results from Guadalupe de Los Reyes concession (see table at www.paramountgold.com for further details):

Surface samples:

Width (m) Au (g/t) Ag (g/t)

5.8 3.69 35.0

5.4 6.64 10.0

Underground samples (Guadalupe de Los Reyes Mine):

Width (m) Au (g/t) Ag (g/t)

1.0 20.7 30.0

1.0 18.45 64.0

1.8 11.05 34.0
Larry Segerstrom, COO of Paramount Gold and Silver Corp., comments, “These analytical results confirm the presence of excellent gold grades across mineable widths in surface and near-surface exposures within the dacite dome complex. They also seem to be pointing us in the direction of a gold-dominant part of the system. These results further advance our objective of discovering and developing more gold rich, high-grade bodies, such as the ones in the San Miguel and San Luis Zones.”

Quality Control
Samples were collected from surface exposures and from shallow older artisanal workings. They are channel samples rather than selected high grades specimens. As part of quality assurance, quality control (QA/QC), Paramount has put into place a detailed program of periodically introducing certified standards, blanks and duplicates into the sample stream.

The qualified person who has reviewed this news release is Dana C. Durgin, M. Sc. Economic Geology. He is a Certified Professional Geologist (CPG #10364) with the American Institute of Professional Geologists, and a Registered Professional Geologist in Wyoming (PG-2886).

http://www.smallcapvoice.com/pzg/pzg-2-19-08.php

Just found this - CEO interview