NEWS : RIESENFUND SILBER BEI PARAMOUNT GOLD ! - 500 Beiträge pro Seite

[Christian_Berg]

Hier die News:

PARAMOUNT GOLD MINING CO



Paramount Gold Extends Zone 800 Meters with 213 g/t Silver across 13.8 Meters and 133.4 g/t Silver across 44.85 Meters at Their San Miguel Project, Mexico
12/14/2006

CHIHUAHUA, Mexico, Dec 14, 2006 (BUSINESS WIRE) --
Paramount Gold Mining Corp. (OTC:PGDP) (Frankfurt:P6G) (WKN:A0HGKQ), is pleased to release the most recently reported assays from its ongoing drill program at the San Miguel Project near Temoris, Chihuahua, Mexico. The following results are the first nine drill holes completed in the San Antonio area that is just north of the San Luis zone. The nine drill holes at San Antonio are step outs to the north and extend the drill tested zone approximately 800 meters in that direction.

These are the first drill holes north of the San Luis zone where discovery hole (SL-02, 4.0 meters of 35.5 g/t gold and 17.0 g/t silver) was reported August 2nd 2006 and represent an important discovery of a northerly continuation of the silver/gold zone identified on surface.

Drill hole SA-01 hit three separate intersects of high grade silver, 1.15 meters (28.60 to 29.75) of 346.0 g/t silver and 0.44% zinc, 0.90 meters (36.50 to 37.40) of 643.0 g/t silver and 25.8 meters (47.65 to 73.45) of 194 g/t silver. The three intersects averaged 133.4 g/t silver across 44.85 meters (28.60 to 73.45). SA-05 intersected 13.8 meters (19.8 to 33.6) of 213 g/t silver. Drill hole SA-08 and SA-09 are the furthest step outs to the north thus far, approximately 800 meters north of SL-07 (5.2M of 38.7 g/t silver) and SL-06 (9.0M of 161.4 g/t silver), the two most northerly drill holes in the San Luis area. The best intersect reported at drill hole SA-07 was 2.3 meters of 123 g/t silver with 0.33% lead and 0.48% zinc. SA-08 had 3 significant intersects, the best was 2.5 meters of 212 g/t silver, 0.34% lead and 0.44% zinc.

Bill Reed, Manager of Exploration for Mexico, said, "Six of the nine drill holes at San Antonio have good intersects where we have continued drilling four additional holes and are stepping out farther to the north. More importantly, this has extended the total strike length about 800 meters to the north. Our drill and trench results at La Union, San Jose, San Luis and San Antonio, have now identified a continuous mineralized zone over a considerable length of approximately 3.2 kilometers (3,200 meters) and it remains open in all directions."

San Antonio Zone Highlights


SA-01 cut 44.85 meters from 28.6 to 73.45 meters averaging 133.4 g/t
silver including:
1.15 meters from 28.6 to 29.75 meters of 346.0 g/t silver and
0.44% zinc, and 0.90 meters from 36.50 to 37.40 meters of 643.0
g/t silver, and 25.8 meters from 47.65 to 73.45 meters of 194
g/t silver

SA-03 cut 3.5 meters from 48.5 to 52.0 meters of 135.0 g/t silver with
0.16% zinc

SA-05 cut 13.8 meters from 19.8 to 33.6 meters of 213 g/t silver with
0.20% zinc

SA-07 cut 2.3 meters from 93.7 to 96.0 meters of 123 g/t silver with
0.33% lead and 0.48% zinc and 4.8 meters form 86.7 to 91.5
meters of 78 g/t silver with 0.30% lead and 0.53% zinc

SA-08 cut 2.5 meters from 14.0 to 16.5 meters of 212 g/t silver with
0.34% lead and 0.44% zinc and 12.8 meters from 66.5 to 79.3
meters of 84 g/t silver with 0.38% lead and 0.78% zinc and 5.1
meters from 91.2 to 96.3 meters of 107 g/t silver with 0.35%
lead and 0.90% zinc

SA-09 cut 6.1 meters from 21.6 to 27.7 meters of 149 g/t silver with
0.20% lead and 0.28% zinc and 10.1 meters from 40.9 to 51.0
meters of 94 g/t silver with 0.18% lead and 0.28% zinc and 5.7
meters from 93.2 to 98.9 meters of 152 g/t silver with 0.32%
lead and 0.69% zinc


Drill Hole Locations

A drill hole and trench location map can be found at Paramount's web site www.paramountgold.com.

SA-05 is a step out of approximately 330 meters to the north of SL-06 (9.0M of 161.4 g/t silver) - see Oct 12, 2006 news release

SA-03 steps out a further 105 meters north of SA-05

SA-01 steps out a further 225 meters north of SA-05

SA-07 and SA-08 are approx. 600 meters north of SA-05 and are the northern most holes thus far

SA-09 is about 75 meters south of SA-08

SA-06 is about 35 meters west of SA-03

SA-04 is about 80 meters east of SA-03

SA-02 is about 120 meters north-northeast of SA-01

Quality Control Person

Paramount takes detail photos of the entire core before it is cut to half core which is assayed at ALS Chemex's Vancouver laboratory. As part of quality assurance, quality control (QAQC), a blank (sterile) sample is submitted every 20th sample. Later, pulps from a number of intervals will be renumbered and pulps from known standards will be inserted between them in numerical order. These will then be submitted for reanalysis. The results will then be compared to the original values reported, and the known values of the inserted standards. Half-core samples have been retained on site for verification and reference purposes.

C.W. (Bill) Reed, B. Sc. Mineralogy, is acting as qualified person and has prepared the detail and review with respect to this news release.


Drill From To Width Gold Silver Gold Lead Zinc
Hole (m) (m) (m) (g/t) (g/t) Equivalent (%) (%)
----------------------------------------------------------------------

----------------------------------------------------------------------
SA-01 28.60 29.75 1.15 0.00 346.00 5.77 0.23 0.44
----------------------------------------------------------------------
36.50 37.40 0.90 0.00 643.00 10.72 0.08 0.12
----------------------------------------------------------------------
47.65 73.45 25.80 0.00 194.00 3.23 0.05 0.11
----------------------------------------------------------------------
73.45 74.90 1.45 0.00 34.00 0.57 0.02 0.14
----------------------------------------------------------------------
79.40 92.40 13.00 0.00 30.00 0.50 0.18 0.29
----------------------------------------------------------------------
94.40 97.40 3.00 0.00 30.00 0.50 0.06 0.16
----------------------------------------------------------------------
104.00 106.00 2.00 0.00 79.00 1.31 0.26 0.24
----------------------------------------------------------------------
Average 28.60 73.45 44.85 0.00 133.37 2.22 0.04 0.08
----------------------------------------------------------------------

----------------------------------------------------------------------
SA - 02 0.00 10.40 10.40 0.00 15.00 0.25 0.07 0.25
----------------------------------------------------------------------
36.00 49.80 13.80 0.00 11.00 0.18 0.05 0.20
----------------------------------------------------------------------
49.80 72.50 22.70 0.00 34.00 0.57 0.17 0.46
----------------------------------------------------------------------
72.50 74.80 2.30 0.00 22.00 0.37 0.21 0.51
----------------------------------------------------------------------
81.00 86.00 5.00 0.00 16.00 0.27 0.16 0.38
----------------------------------------------------------------------

----------------------------------------------------------------------
SA - 03 15.60 18.45 2.85 0.00 23.00 0.39 0.07 0.23
----------------------------------------------------------------------
36.00 41.80 5.80 0.00 29.00 0.48 0.06 0.14
----------------------------------------------------------------------
48.50 52.00 3.50 0.03 135.00 2.27 0.03 0.16
----------------------------------------------------------------------
58.00 68.80 10.80 0.00 11.00 0.18 0.02 0.15
----------------------------------------------------------------------
71.60 75.20 3.60 0.01 37.00 0.62 0.04 0.15
----------------------------------------------------------------------

----------------------------------------------------------------------
SA - 04 0.00 10.50 10.50 0.00 21.00 0.34 0.02 0.08
----------------------------------------------------------------------
39.50 45.50 6.00 0.00 21.00 0.34 0.04 0.13
----------------------------------------------------------------------

----------------------------------------------------------------------
SA - 05 7.20 19.80 12.60 0.00 15.00 0.25 0.03 0.11
----------------------------------------------------------------------
19.80 33.60 13.80 0.01 213.00 3.56 0.09 0.20
----------------------------------------------------------------------
33.60 40.60 7.00 0.01 15.00 0.25 0.08 0.20
----------------------------------------------------------------------
52.50 67.80 15.30 0.00 48.00 0.79 0.10 0.48
----------------------------------------------------------------------

----------------------------------------------------------------------
SA - 06 34.00 42.70 8.70 0.00 15.00 0.25 0.13 0.32
----------------------------------------------------------------------

----------------------------------------------------------------------
SA - 07 31.60 33.60 2.00 0.00 33.00 0.45 0.30 0.25
----------------------------------------------------------------------
86.70 91.50 4.80 0.00 78.00 1.32 0.30 0.53
----------------------------------------------------------------------
93.70 96.00 2.30 0.00 123.00 2.06 0.33 0.48
----------------------------------------------------------------------
118.50 125.90 7.40 0.00 32.00 0.53 0.14 0.43
----------------------------------------------------------------------
154.30 157.70 3.40 0.00 46.00 0.77 0.09 0.21
----------------------------------------------------------------------

----------------------------------------------------------------------
SA - 08 14.00 16.50 2.50 0.00 212.00 3.54 0.34 0.44
----------------------------------------------------------------------
16.50 27.20 10.70 0.00 16.00 0.26 0.09 0.21
----------------------------------------------------------------------
60.50 66.50 6.00 0.00 12.00 0.20 0.08 0.26
----------------------------------------------------------------------
66.50 79.30 12.80 0.00 84.00 1.41 0.38 0.78
----------------------------------------------------------------------
79.30 91.20 11.90 0.00 16.00 0.27 0.40 0.27
----------------------------------------------------------------------
91.20 96.30 5.10 0.00 107.00 1.78 0.35 0.90
----------------------------------------------------------------------
96.30 105.80 9.50 0.00 27.00 0.45 0.50 0.45
----------------------------------------------------------------------
146.00 160.50 14.50 0.00 33.00 0.55 0.09 0.24
----------------------------------------------------------------------
160.50 166.00 5.50 0.00 18.00 0.31 0.03 0.10
----------------------------------------------------------------------
Average 66.50 96.30 29.80 0.00 61.00 1.01 0.29 0.65
----------------------------------------------------------------------

----------------------------------------------------------------------
SA - 09 0.00 21.60 21.60 0.00 11.00 0.19 0.05 0.16
----------------------------------------------------------------------
21.60 27.70 6.10 0.00 149.00 2.49 0.20 0.28
----------------------------------------------------------------------
27.70 40.90 13.20 0.00 24.00 0.40 0.10 0.19
----------------------------------------------------------------------
40.90 51.00 10.10 0.00 94.00 1.57 0.18 0.28
----------------------------------------------------------------------
51.00 61.00 10.00 0.00 35.00 0.57 0.09 0.24
----------------------------------------------------------------------
93.20 98.90 5.70 0.00 152.00 2.53 0.32 0.69
----------------------------------------------------------------------
102.90 111.00 8.10 0.00 58.00 0.96 0.19 0.34
----------------------------------------------------------------------
Average 21.60 61.00 39.40 0.00 64.00 1.07 0.13 0.24
----------------------------------------------------------------------

----------------------------------------------------------------------
Average 93.20 111.00 17.80 0.00 75.00 1.26 0.21 0.42
----------------------------------------------------------------------


About San Miguel

San Miguel is currently comprised of 16 concessions covering an estimated +7 kms strike of silver and gold mineralization. It is located in Chihuahua, Mexico and lies in the Guazapares mining district, part of the gold-silver belt of the Sierra Madre Occidental. Paramount signed an agreement in August 2005 with Amermin S.A. de CV, a subsidiary of Tara Gold Resources, to acquire a 70% interest in the San Miguel project.

About Paramount Gold

Paramount Gold Mining Corp. is a precious metals exploration and development company. It is management's objective to grow Paramount into a significant gold and precious metals producer by developing the San Miguel and Linda projects in Mexico and Peru, and the Andean Gold Alliance with TeckCominco in South America and by acquiring other advanced-stage projects and/or producing mines in the most prolific precious metal districts in the world. The Company trades on the OTC market under the symbol "PGDP" and on the Frankfurt Exchange under the symbol "P6G". For more information, please visit the Company's web site at: www.paramountgold.com (now available in the following languages: English, German, French, Spanish, and Mandarin).

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.

SOURCE: Paramount Gold Mining Corp.

For Paramount Gold Mining Corp. Investor Relations, 613-226-9881 Toll-free: 866-481-2233

Copyright Business Wire 2006

[milkymaid]

Antwort auf Beitrag Nr.: 26.174.876 von Christian_Berg am 14.12.06 14:27:39

huch, ein neuer thread - wie kommts? bin milky, vom anderen club der parafreunde. bin gespannt, wie sich dieser hier entwickelt. para könnte jedenfalls wieder mehr sachliche auseinandersetzung brauchen. ich wünsche gutes gelingen. dem thread ebenfalls wie natürlich para!milky

[milkymaid]

und auch dieses:
Paramount Gold today announced further assay results from the ongoing drill program at their San Miguel project in Mexico. These results are spectacular and compare very favourably to those of Palmarejo (TSXVZunge rausstreckenJO) at their same stage of drilling. PJO now has a gold-equivalent resource, on a property located adjacent to San Miguel, of 3 million ounces and trades at a market cap of approx. $800 million. Bill Reed, Manager of Exploration, Mexico recently stated “Based on over 7,000 meters drilled to-date, internal compilations now indicate there are sufficient silver, gold, zinc and lead resources at San Miguel to support an economically viable mining operation”.

Paramount recently announced that they have commissioned a National Instrument 43-101 report to verify the size and scale of the deposit at San Miguel. This independent technical report is recognized by major stock exchanges and conforms to standards set out by the TSX and TSXV. 2007 will be a very interesting year for Paramount.

For the full press release please visit http://www.paramountgold.com/News/2005/12-14-2006.asp

Best Regards,

Chris Theodossiou
Skyline Communications
Tel: [phone] ext 201
Fax: [phone]
[e-mail]
www.skylinecommunicationsinc.com

[cameo]

Antwort auf Beitrag Nr.: 26.179.152 von milkymaid am 14.12.06 16:53:44

Und keine Sau interessiert es! Im Gegenteil: Es wird ordentlich verkauft!

[ms67]

vielleicht sollte die firma eine namensänderung in betracht ziehen. "paramount silver" klingt doch auch nicht schlecht, dann springt der kurs vielleicht auch an.

[hasi22]

Paramount ist in der Kaufzone,

die Finanzierung wird derzeit organisiert (gehe davon aus erfolgreich)

die möglichen Silberunzen sind gewaltig

hier aus Stockhous Board

We knew,of late,maybe $10 million was needed to drill about 4 times the land drilled last year on San Miguel.
Now if a lot more money was needed,that would of course imply,the target had grown.GROWN and largely so.
Just think then,if the new anomoly was part of the same structure we are drilling now,and it is 2 kilometres away,how much drilling could be needed?
Most of us reckon maybe 250-300 million ounces of silver lie in the known structure.A structure about $10 million will be needed to drill.

What say you to a structure possibly double that we believe ,extending into the anomoly ?

I have told all,PRGD is underpriced,but it is now shaping up as grossly underpriced.Buy more if able.I suspect you have about 6 weeks to get the chegque book out but I would not push the envelope.

[hasi22]

Bald wirds bei Paramount auch losgehen,
der Bulle hat ja mal schon ein wenig vororientiert !!!

Ich rechne in der 10 KW mit einer Newswelle und Promo
Bohrnews
Finanzierung
TSX
Neue Projekte
Projekt Linda (Info-bzw. Deal mit Barricktochter)
Fondeinstieg
Bohrnews

so könnte ich mir das vorstellen.

[gerdass]

Antwort auf Beitrag Nr.: 26.178.393 von milkymaid am 14.12.06 16:33:28