Paramount Gold and Silver Climbs 3% on Gold Project Results

By Staff,

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Paramount Gold and Silver Corp. ( PZG ) is up 3.23% to $2.56 after announcing that it has received the final results from a large-scale, comprehensive metallurgical test program for its 100%-owned San Miguel Project in northern Mexico.

The results predict high recoveries of gold and silver from either a milling/cyanide leach or conventional milling/flotation process. The data will now be evaluated by Scott E. Wilson Consulting for inclusion in their Preliminary Economic Assessment of the San Miguel Project scheduled for the end of this year.

PZG is trading in a 52-week range of $1.95 - $3.06.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2014 All rights reserved. Unauthorized reproduction is strictly prohibited.

This article appears in: Investing Commodities
Referenced Stocks: PZG

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