Referenced Stocks

Paramount Gold and Silver Climbs 3% on Gold Project Results

By Midnight Trader,  October 22, 2012, 12:10:54 PM EDT

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 The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

Referenced Stocks: PZG



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