Paramount Gold Gains SEC Clearance and Prepares For NASD Filing and OTC:BB Trading

Paramount Gold Mining Corp. (OTC:PGDP) (FWB:P6G) is excited to report that it has cleared final comments from the SEC and is now a fully reporting registrant and public company.

Commenting on the effective registration statement, Chris Crupi, President stated, "This successful achievement allows the Company to proceed with its application to trade on the OTC:BB and Senior US Exchanges, providing both increased liquidity and shareholder value to our investors. The formalization of our commitment to high standards on which the Company has operated since inception provides the full transparency required to secure the continued development of the Company's international success."

Paramount plans to complete the requirements to transition to the OTC:BB, while furthering the development of its operations to meet listing requirements for a senior exchange listing as early as possible.

 

Paramount Gold Receives Drilling Permit and Hires Experienced Drilling Contractor Bradley-MDH to Conduct 2000 Meter Drill Program at Linda Property, Peru

Paramount Gold Mining Corp. (OTC:PGDP)(FWB:P6G) is pleased to announce that they have received the environmental permit to commence drilling at their Linda project in Peru. In addition, they have signed a contract for a 2000 meter drill program with Bradley-MDH, a subsidiary of Bradley Group Ltd, one of the largest and most respected drilling companies in the world. Paramount recently signed a Definitive agreement on the Linda property with Minera ABX Exploraciones S.A., a subsidiary of Barrick Gold Corporation (NYSE:ABX), to acquire a minimum 51% interest in the property by completing 6,000 meters of drilling.

Alain Vachon, Manager of Exploration, South America, commented, "I am very excited to begin drilling given the positive results that we have obtained from our geological and geophysical surveys to-date. I am also very satisfied to count on Bradley-MDH to perform the drilling given their worldwide reputation. Since their debut in Peru, they have drilled more than 781,000 meters of core drilling for more than 50 clients, including all of the major mining companies. Bradley has extensive experience in Peru and is ensuring its clients that drilling will be performed in order to obtain a maximum of core recovery, which in the case of a low grade large volume deposit becomes a key factor in the economic valuation of the property. I really trust that we will obtain the very best from them."

The 2000 meter drill program will commence in mid-March, or sooner, depending on the weather condition given that it is currently rainy season in Peru. The drill program will test the moderate to high resistivity anomaly that underlies the surface Au geochemical anomaly. The program will consist of approximately 12 HQ sized angle holes probing the anomalous zone at a depth varying from 50 to 150 m, where the geophysical survey indicated a better zone of resistivity. Resistivity increases and is definitively better developed at depth forming a most uniform body measuring 500 m x 700 m. The targeted area is characterized by a marked gold enrichment (28% of all samples have returned gold values greater than 0.3 g/t Au; see press release Oct 2005) within scattered zones silicified limestones that coincide with low to moderate resistivity values. Diamond drill hole # 4 drilled in 1998 returned 26 m @ 1.5 g/t Au from the upper part of the hole where resistivity values were moderate. This hole is located on the edge of this anomaly close to the volcanic-limestone contact and gold mineralization is strictly associated with oxide mineralization. There is more than 500 m of prospective zone to be tested on this section.

About the Linda Property

The property is comprised of six mining concessions totaling 4,500 hectares in an area currently being explored by numerous junior and major companies.

Previous work carried out on the Property led to the discovery of a kilometric low grade gold system within Cretaceous sedimentary rocks including more particularly limestone and calcareous siltstone. In Paramount's view, the system may be suitable for hosting a low grade, large tonnage heap leached deposit.

Previously detailed sampling conducted by ABX and Horschild (chip and channel) was completed over an area covering approximately 1.5 km x 1.0 km. A total of 928 surface samples have been collected, of which 263 (28%) returned gold values greater than 300 ppb (0.3 g/t) Au, including 169 with values greater than 500 (0.5 g/t) and, 59 with values greater than 1000 ppb (1 g/t) Au. Of note, the arithmetic average of these 263 samples stands at 0.93 g/t Au. Paramount believes that this value compares very well with head grades of several large gold mines in Peru. A very limited drill program was completed in 1999, consisting of eight shallow holes on the property: Four holes cut oxide gold mineralization with a high value of 1.5 g/t Au over 26 m in hole # four.  

diese kleine Meldung kommt raus und schon wird wieder wie blöd gekauft!
Mal sehen wie in USA eröffnet wird :-)

       

     


Sehr geehrte bullvestoren,

Paramount Gold Mining, Frankfurt A0HGKQ

Paramount in aller Munde!
So könnte man die Situation am leichtesten Beschreiben! Wir sind stolz darauf, dass unsere "2006 - 2006% Depot" Perle in der neuesten Ausgabe des Nachrichtenmagazins Focus zum Kauf angepriesen wird!

Attraktiv & Unterbewertet...
...das sind keine Schlagworte, die wir vom bullVestor Börsenbrief für uns gepachtet haben, sondern auch die Bezeichnungen, die die Focus Redaktion für Paramount Gold fand!

Lesen Sie den gesamten Bericht!
http://bullvestor.com/pdf/Paramount-Focus.pdf

Paramount jetzt kaufen!
Paramount Gold ist für uns nicht nur ein klarer Kauf, weil die Aussichten auf den Liegenschaften so brillant erscheinen, sondern auch weil US Goldaktien traditionell weitaus höhere Bewertungen erfahren als vergleichbare kanadische oder australische Firmen! Partizipieren Sie bei Paramount nicht nur von den guten Lagerstätten sondern von der Tatsache, dass es sehr wenig US basierte Goldunternehmen mit wirklich großen Chancen gibt, überhaupt auf einem Niveau wie Paramount!

 

Paramount war gut zurück gekommen.
Heute steigt der Kurs kräftig. Weiß jemand, ob irgendwer pusht. Eher in USA, denn hier.
 

3.97  pgdp -  
Change:

  % Change:

%  High:

4.1  Low:

3.4  Volume:

1,369,706  

Price Data Table  
Open 3.42  
Previous Close 3.97  
Exchange of Last Sale OTC  
Time of Last Sale 23:59:29  
Tick Unchanged  
Bid 0  
Ask  
Size Bid/Ask 0x0  
Symbol Type Equity  

Ein Superanstieg! Alles ohne Nachrichten oder hat jemand etwas gefunden?  

Paramount Gold, Frankfurt WKN A0HGKQ, www.paramountgold.com


PARAMOUNT MUSS NOCH HEUTE IN IHR DEPOT WANDERN


Seit einigen Tagen sehen Sie ein kontinuierlich wachsendes Interesse bei der Aktie von Paramount am Heimatmarkt in den USA. - Sie werden sich fragen warum, nicht unberechtigt, denn genau das haben wir uns auch gefragt! In einem können wir uns sicher sein, das vermehrte Interesse und der langsam kontinuierlich steigende Kurs kommen nicht von ungefähr, denn hinter den Kulissen wird kräftig gearbeitet. Nicht nur, dass ein weiterer Topgeologe von Barrick Gold gestern die Welt von Paramount betreten hat, Marc Slauenwhite ist seit gestern dem Management von Paramount zugehörig, auch die Bohrarbeiten auf Paramounts Projekten laufen derzeit auf Hochtouren. Erste Bohrresultate stehen an und wie es scheint, wissen da wieder einige mehr als wir. Und was glauben Sie, warum Marc Slauenwhite zu Paramount kam, richtig, weil er genauso wie Alain Vachon, ebenfalls ehemaliger Topgeologe von Barrick und heute im Management von Paramount, das Potenzial in Paramounts Projekten erkannt hat.

WIR HABEN NACHGEHAKT


Zunächst einmal stehen bald die ersten Bohrresultate an, nicht schwer nachzuvollziehen, zumal der Bohrbeginn schon vor einigen Wochen veröffentlicht wurde. Unternehmensnahe Kreise rechnen außerdem mit einem gigantischen Deal mit einem Minenriesen! Alles heiße Luft!? - Nein, sicher nicht, das sehen Sie an den Käufen am Heimatmarkt. Außerdem sollen sich aktuell weitere Institutionen sehr interessiert zeigen, bei Paramount einzusteigen. - Haben diese vielleicht schon mit ihrem Einstieg begonnen!? Ron Struthers empfahl gestern abend nachbörslich noch einmal nachdrücklich, jetzt bei Paramount zuzulegen! Er hat mit Alain Vachon gesprochen, so heißt es in seinem aktuellen Newsletter, der ihm erzählte, warum Marc Slauenwhite von Paramount so überzeugt ist und letztlich zu der Entscheidung kam, dem Managementteam von Paramount beizutreten.

Machen Sie nicht den Fehler zu lange zu warten, denn Sie sollten nicht erst kaufen, wenn Paramount schon bei 6 Euro notiert, und da wird die Aktie über kurz oder lang hinlaufen. Die Aktie des benachbarten kanadischen Explorers Palmarejo, der direkt unmittelbar neben Paramounts San-Miguel-Projekt in Mexiko exploriert, hat sich bereits vervielfacht und Branchenkenner wissen, dass es nur eine Frage der Zeit ist, bis er von einem größeren Minenunternehmen geschluckt wird. Meine Damen und Herren, Paramount wird der nächste Übernahmekandidat sein, aber nicht zu aktuellen Kursen. Deshalb kaufen bullVestoren jetzt ein!

PARAMOUNT - besser heute kaufen als morgen! - Keine Floskel, unser voller Ernst!

Mit besten Grüßen

Ihr bullVestor-Team

 

heute bei mir eingetrudelt ist:
Aktien, die man haben muss!!
Beachten Sie bitte auch den Hinweis am Ende dieses Newsletters bezüglich unserer neuen Hotline! Doch zunächst kommen wir zu einem Star im Goldexplorationsbusiness, der Aktie von

Paramount Gold, Frankfurt A0HGKQ
www.paramountgold.com

Aufwachen, Freunde!
Unaufhaltsam steigt der Kurs von Paramount Gold. Auch gestern am 1. Mai, ein regulärer Handelstag in USA, kletterte die Notierung unter hohem Umsatz auf ein neues Rekordhoch von 4,32 USD. Für den Kurs am Frankfurter Parkett wird das umgerechnet ca. 3,42 Euro bedeuten! Nun gilt es, günstige Stücke bis 3,50 Euro vom Markt zu akkumulieren! Überlesen Sie diesen Abschnitt nicht, denn es ist wichtig, dass sie die Rallye bei Paramount diesmal nicht verschlafen. Wir haben Sie erstmals bei unter 1 Euro auf diese Aktie aufmerksam gemacht. Wir wissen, viele haben die Aktie auf dem Niveau gekauft und teilweise Gewinne schon viel zu früh realisiert. Andere sind kontinuierlich dabei geblieben, und für diese zahlt sich jetzt das langfristige Engagement aus! Doch auch für die anderen ist es NOCH nicht zu spät, wir werden bei Paramount noch in diesem Jahr Kurse von 8-10 Euro sehen, jetzt müssen Sie die Chance noch einmal ergreifen, und es ist gar nicht so schwer: Kaufen Sie aktuell die Aktie von Paramount Gold und seinen Sie bei der nächsten Verdopplung dabei!

Warum steigt Paramount so explosiv?
Wir vom bullVestor Börsenbrief waren über das lange Wochenende nicht untätig und haben uns in den meist "gut informierten Kreisen" umgehört. Ron Struthers, seines Zeichens Börsenguru und Paramount-Fan, wies uns zum wiederholten male auf die große Diskrepanz der Marktkapitalisierung der direkten Nachbarn Palmarejo (800 Millionen CAD) und Paramount (130 Millionen USD) hin. Die Projekte von Paramount und Palmarejo grenzen DIREKT aneinander, glauben Sie, dass der liebe Gott nur aufgrund einer künstlichen Grenze die Struktur auf Paramounts Gebiet verändert hat? Bei Palmarejo ist es bereits klar (das Unternehmen ist explorationstechnisch ca. ein Jahr voraus), hier konnte man bereits signifikante Entdeckungen machen. bei Paramount haben die Bohrarbeiten bereits begonnen, und Branchenkenner sind sich sicher, Paramount wird ebenfalls den "Big Hit" landen. Ergreifen Sie die Chance, seien Sie mit dabei, wenn sich die Aktie von Paramount langsam aber sicher der 10 Euro-Marke nähert!

Der Acker wird gepflügt, der Investor erntet!
Struthers lies keinen Zweifel aufkommen, dass Paramount die Marktkapitalisierung von Palmarejo in absehbarer Zeit erreichen wird und rechnet mit einem AMEX-Listing noch in den nächsten Monaten und lobte auch die vorbildliche Investor-Relations-Abteilung (alleine die Webseite von Paramount ist in 5 verschiedenen Sprachen abrufbar). Was genau kommen wird, wisse er nicht, aber es müsse etwas sensationelles sein. Anders kann man sich den Kaufansturm auf Paramount-Aktien in den USA nicht erklären!

Wir schließen uns der Meinung von Ron Struthers an und empfehlen die Aktie "nachdrücklichst" zum Kauf!

 

In USA waren die letzten Tage gute Kursanstiege zu sehen. Hier ging es teilweise sehr schleppend voran. Trotz pushing!!!
Dies halte ich für ein weniger gutes Zeichen. Rate zum Verkauf und Neueinstieg bei good News oder nach starkem Rücksetzer.

In USA wird geraten in Tara Gold vormals American Stellar Energy zu tauschen.

Es mache sich jeder sein eigenes Bild, denn dieses Posting ist weder eine Verkaufs- noch Kaufempfehlung.  

Paramount Gold Acquires 100,000 Hectares Concession in Prolific Sierra Madre Gold-Silver Belt, Between the Guazapares and El Sauzel Mining Districts in Southwestern Chihuahua, Mexico
Ticker Symbol: UGDP X:FWB6G


CHIHUAHUA, Mexico -- (Business Wire) -- May 3, 2006


Paramount Gold Mining Corp. (OTCGDP)(FWB6G) is

pleased to announce the acquisition of Andrea, a new mining concession

located in Chihuahua between its exiting San Miguel project and Glamis

Gold\'s (GLG:NYSE) El Sauzel gold mine. The Andrea consists of

approximately 100,000 hectares which has been recently claimed by

Paramount in its own name. The Andrea is in the vicinity of other

concessions belonging to Palmarejo (PJO:TSX.V) and Panoles.

¶ Commenting on the claim, Bill Reed, Exploration Manager and

Director, Mexico stated, "I have worked this area for a number of

years and was very pleased to learn recently that the area covered by

the new Andrea concession had become open to mineral entry and that

Paramount expressed a strong interest in aggressively pursuing new

opportunities in this prolific gold-silver belt."

¶ There are a number of old mines in the area that were significant

producers prior to the Mexican revolution. Paramount plans to set a

reconnaissance and exploration program to evaluate the new Andrea

concession. Detailed reconnaissance will be conducted in areas

previously identified as prospective which have potential for

discovery of bulk tonnage gold and silver deposits.

¶ Christopher Crupi, President of Paramount Gold stated, "I am very

pleased with the location of the Andrea concession given the recent

discoveries in the region and its historic and current production. The

Andrea concession provides a major target for exploration in one of

the World\'s most active gold-silver regions."

¶ At San Miguel, the drill program is currently completed on first

hole to a depth of 250 meters and is about to commence the 2nd hole.

Paramount plans to release drill assay results after every three to

six completed drill holes.



¶ 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

current projects in Mexico and Peru, 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.
Contacts:

Skyline Communications

Investor Relations, 613-226-9881
 

Hat sich heute sehr gut gehalten, wenn man sieht, wie es mit anderen Minenwerten bergab ging. Man kann darüber spekulieren, wie der Kursverlauf nach der guten Meldung heute morgen wohl gewesen wäre, wenn die meisten Werte heute nicht so in die Knie gegangen wären. Aber was solls - Qualität wird sich auszahlen und Paramount Gold hoffentlich noch weiter steigen.

Gruß an alle Investierten!  

Lima, Peru (ots) - Paramount Gold Mining Corp. (Frankfurt WKN A0HGKQ, ISIN US69924P1021) freut sich bekannt zu geben, dass seine südamerikanische Tochterfirma, 'Cia Minera Paramount SAC', das Hauptbüro der Anden-Goldallianz mit 'Teck Cominco' in Südamerika, ein geologisches Team zusammengestellt hat, das die Exploration von fünf Hauptliegenschaften mit hohem Potential begonnen hat. Zusätzlich zu Alain Vachon und Mark Slauenwhite (beide waren vorher Chefgeologen bei 'Barrick Gold') besteht Paramounts Team nun aus sechs erfahrenen Geologen mit der erforderlichen Fachkenntnis für das umfangreiche Explorationsprogramm, das für diese fünf viel versprechenden Liegenschaften in Chile und Argentinien geplant ist.

Alain Vachon, Generalmanager von Südamerika, kommentierte: 'Ich bin sehr erfreut, auf ein so erfahrenes Team von Geologen und unterstützendem Personal zählen zu können. Viele davon haben Erfahrungen bei großen Unternehmen sammeln können, der Großteil bei 'Barrick Gold', dem weltweit größten Goldunternehmen, bei welchem eine Ausbildung und kontinuierliche Weiterbildung, was moderne Explorationstechniken betrifft, ein Muss ist. Ich bin davon überzeugt, dass wir ein Top-Geologenteam in Südamerika haben und sind schon gespannt auf die großen Beiträge, die jeder der neuen Geologen leisten wird. Die Tatsache, dass sie Positionen bei einem so großen Unternehmen wie 'Barrick Gold' aufgegeben haben, ist ein Beweis in ihren Glauben an Paramounts Potential.'
 

Habe gestern bei Paramount nach Neuigkeiten nachgefragt und heute prompt folgende E-Mail erhalten:

"Here are the long awaited drill results …

Paramount Gold's first drill results include bonanza gold grade of 35.5
g/t gold over 4 meters at San Miguel Project in Mexico"

Den ausführlichen Bericht findet ihr auf der Homepage von Paramount http://www.paramountgold.com/index.asp oder http://finance.yahoo.com/q/h?s=PGDP.PK

Da wollen wir ab morgen doch mal auf schön steigende Kurse hoffen.
Gute Nacht allen Investierten!
Lady Stanglwirt  

nicht ab:

August 02, 2006 10:30 AM US Eastern Timezone

Paramount Gold Strengthens Geological Team in Mexico with Addition of Board Member and Senior Project Geologist

OTTAWA--(BUSINESS WIRE)--Aug. 2, 2006--Paramount Gold Mining Corp. (OTC:PGDP)(FWB:P6G) is pleased to announce that John Carden, Ph.D (Geology) has agreed to join the Board of Directors and that Nancy Reardon M.Sc. (Geology) has been appointed senior project geologist, Mexico.

Commenting on the appointments, Chris Crupi, President & CFO stated, "Based on the positive drill results we announced yesterday, we are adding to the strength and depth of our geology team in Mexico. Both John and Nancy have excellent reputations in Mexico and their expertise will prove invaluable as we continue to drill a number of significant targets at our San Miguel project and evaluate other potential properties."

Dr. Carden has more than twenty years experience in exploration management, teaching, and research. Past positions include President of Latitude Minerals Corporation (LTU), a publicly traded company on the Canadian Venture Exchange, and Director of U.S. exploration for Echo Bay Mining. John has broad experience in managing large exploration programs, including tracking costs, managing personnel, negotiating leases/contracts, technical report writing, verbal presentations, writing permitting and compliance documents for state and federal agencies, and managing remote drilling programs involving camp logistics. He has a proven track record for discovery of ore deposits in the western United States having a gross metal value of over $250 million dollars.

From 1998 to 2001, John was President of Latitude Minerals Corporation where he was instrumental in raising more than US $400,000 in less than two years through a series of public private placements and joint venture agreements on mineral properties. From 1986 to 1998, while at Echo Bay, John discovered the 600,000 ounce Lamefoot deposit, Echo Bay's highest-grade and lowest cost producer and the Easy Junior, a 250,000 ounce sediment-hosted gold deposit located in White Pine County, Nevada. From 1992 through 1998 he was Director of U.S. Exploration for Echo Bay Mines where he directed the work of 2 district geologists, 8 senior geologists, and a GIS specialist. This group was successful in generating 35 funded projects over a 5 year period. Most recently John has been a consultant working on gold projects in Chihuahua, and Sonora states in Mexico for Minefinders and in Zacatecas Mexico for Corex Gold Corp. Mr. Carden has a Ph.D. in Geology from the Geophysical Institute, University of Alaska, Fairbanks, Alaska and M.Sc. in Geology from Kent State University, Kent, Ohio. He is a Licensed Geologist in the State of Washington and a member of the American Institute of Professional Geologists and the Society of Economic Geologists.

Ms. Nancy Reardon has close to 20 years experience in mining exploration. She acted as the exploration manager and qualified person for Radius Gold from May 2004 to January 2006. For the 10 year period prior to this she acted as a geological consultant for such companies as Miramar Mining Corporation, Arnex Resources Ltd. And Caledonia Mining Corp.

From 1988 to 1993 Ms. Reardon was Project Geologist: Geological Survey of Canada and from then to 1996 worked as a geologist for companies such as Kennecott Canada, Prime Equities International, Samex Mining and Caledonia Mining including Vice-President of Atna Resources Ltd. in 1996.

Ms. Reardon has a M. Sc. (Geology) from the University of Ottawa, Canada; and a B.Sc. (Honours Geology) from Dalhousie University, Halifax, Canada. Ms. Reardon is a P.Geol. - Association of Engineers, Geologists and Geophysicists of Alberta since 2000 (P.Geo. BC 1996-2001) and SEG Fellow - Society of Economic Geologists Fellow since 2004.

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 Andean Gold Alliance with Teck Cominco in South America, the San Miguel and Linda projects in Mexico and Peru, 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.

 

Bisher ließ dieser Brief doch keien Gelegenheit aus, Paramount zu pushen. Jetzt, mit diesen Bohrergebnissen, ist es seltsam ruhig. Ob Frick reagiert hat, weiß ich noch nicht.

Wenn bullvetor nichts bringt, zeigt dies mehr als deutlich,dass Pollinger nur empfiehlt, wenn er dafür bezahlt wird.
Ein solcher Ratgeber ist entbehrlich. Abbestellen!!!!  

Keine Meldungen mehr ?
Wer hat noch Infos
www.rau-competition.de

 

Paramount Gold berichtet über großartige Silberfunde:

September 13, 2006 04:15 PM Eastern Time

Paramount Gold Drills Multiple High-Grade Intercepts, Including 874 Grams Per Tonne (28 Ounces) Silver Over 5.2 Meters and 553 Grams Per Tonne (17.8 Ounces) Silver Over 6.5 Meters at Their San Miguel Project, Mexico

CHIHUAHUA, Mexico--(BUSINESS WIRE)--Sept. 13, 2006--Paramount Gold Mining Corp. (OTC:PGDP)(FWB:P6G) (WKN:A0HGKQ), is pleased to report multiple high-grade silver intercepts from nine drill holes on its ongoing drill program at the San Miguel project located near Temoris, Chihuahua, Mexico. Ten silver intercepts ranged from 105 grams per tonne silver to 874 grams per tonne (g/t) across lengths ranging between 2 and 47 meters. The results from four of these drill holes represent the initial testing on the San Jose zone which is located immediately adjacent to the south side of the San Luis Mine zone where Paramount previously reported 35.5 g/t gold with 17 g/t silver over 4.0 meters in drill hole SL-02 (see news release dated August 2, 2006).

Paramount's Manager of Exploration, Mexico, Bill Reed, commented "I am gaining increased confidence in the potential at San Miguel as we have intersected significant silver in all nine of the drill holes reported today. We have encountered some very high grades over significant widths of 29 and 47 meters at the San Jose zone and have only tested 150 meters of strike thus far. The stockworks around the high grade veins are carrying good values that increase the widths, and the mineralization starts at surface which greatly enhances the economics of the project. Our surface sampling and trenching indicate that this zone may continue for another 150 meters to the South and join our La Union zone that has now been identified over 250 meters with seven trenches. We have also identified a silver zone further south of La Union, called Santa Clara and another silver zone, San Antonio to the North of the San Luis mine zone. I suspect this is one continuous zone that is interrupted on surface by overburden. As we learn more on the orientation of these zones, we will drill test for continuity through the overburden."

The results below are the first four drill holes on the San Jose zone and the remaining five drill holes at the San Luis Mine zone

San Jose zone

Most significant intercepts in the San Jose area are drill holes SJ-03, SJ-04 and SJ-01. While SJ-02, SJ-03 and SJ-04 are preliminary, they are not expected to change significantly when lead and zinc values are reported. Turn around time at Chemex Labs has been delayed up to 30 days or more due to increased volume.

SJ-03 cut 29.0 meters from surface averaging 192.3 grams per tonne silver, including 5.2 meters from 9.2 to 14.4 meters of 874 grams per tonne silver

SJ-04 cut 47.0 meters from surface averaging 104.8 grams per tonne silver, including 6.5 meters from 10.75 to 17.25 meters of 553 grams per tonne silver.

SJ-01 cut 13.0 meters from surface averaging 121.5 grams per tonne silver, including 5.0 meters from 0.0 to 5.0 meters of 264 grams per tonne silver.

SJ-02 cut 24.65 meters starting from surface averaging 36.0 grams per tonne silver with the best intersect being 113 grams silver across 3.45 meters from 21.20 to 24.65 meters. SJ-01 reported low lead and zinc with the best interval being 5.0 meters from surface of 0.46% lead and 0.73% zinc, SJ-02, SJ-03 and SJ-04 results are waiting lead and zinc assays. Paramount believes that the drill intersects across San Jose are perpendicular to the zone, but true widths cannot be verified at this time.

San Jose, SJ-01 was drilled at 80 degrees and collared approximately 300 meters south of the San Luis (SL) zone, drill hole SL-02 (35.5g Au). San Jose, SJ-02 was drilled at 50 degrees and collared 25 meters SW of SJ-01. SJ-03 drilled at 50 degrees was collared 75 meters along strike to the South/Southeast from SJ-02 and drill hole SJ-04 drilled at 50 degrees was collared 50 meters further down strike from SJ-03 to the South/Southeast. Paramount Gold is awaiting assay results from seven more drill holes on the San Jose zone that continue to step out on strike to the South East and North West.

San Luis Mine zone

The results from the remaining five out of eight drill holes at San Luis also intersected significant silver. SL-04, SL-05, SL-06, SL-07 and SL-08 all reported significant widths of silver, varying from 29 grams per tonne to 252.5 grams per tonne. SL-04 also reported high zinc assays.

Most significant results were from SL-04 that cut four significant intercepts:

0.44 meters from 54.55 to 54.90 meters of 0.44 grams per tonne (g/t) gold, 29 g/t silver, 7.8% lead and 30% zinc,

2.0 meters from 89.0 to 91.0 meters of 253 g/t silver, 0.48% lead and 1.26% zinc,

Above this was a 7 meter intercept from 82 to 89 meters of 3.2% zinc with 8 g/t silver, and

4 meters from 116 to 120 meters of 0.41 g/t gold, 146 g/t silver, 0.64% lead and 0.60% zinc.

SL-06 best intersect was 9 meters from 68.0 to 77.0 meters of 161 g/t silver.

SL-08 also cut numerous intervals of silver with lead and zinc, including 8.5 meters from 82.0 to 90.5 meters of 89 g/t silver with 0.44% lead and 0.24% zinc.

SL-04 is located approx. 35.0 meters west of discovery drill hole SL-02 (35.5g Au). SL-06 is located approx. 150 metres to the NorthWest of SL-02 and SL-07 is located approximately 40 meters further NW of SL-06. SL-08 is approximately 75 meters north of discovery hole SL-02 and SL-05 is approximately 80 meters NorthWest of SL-02

                        SAN LUIS DRILL HOLES

Drill Hole Depth In Meters  Interval    Gold   Silver    Lead    Zinc
 Number    From      To    In Meters   gr/t    gr/t       %       %

SL - 04     54.55    54.90     0.44     0.44    29.00    7.81   30.00
         --------------------------------------------------
           57.65    76.00    18.35     0.00     0.00    0.15    0.71
         --------------------------------------------------
           82.00    89.00     7.00     0.00     8.00    0.98    3.20
         --------------------------------------------------
           89.00    91.00     2.00     0.12   252.50    0.48    1.26
         --------------------------------------------------
           97.00   116.00    19.00     0.03    37.16    0.10    0.33
         --------------------------------------------------
          116.00   120.00     4.00     0.41   145.75    0.64    0.60
--------------------------------------------------

--------------------------------------------------
SL - 05     76.00    79.00     3.00     0.00    45.00   nvs     nvs
         --------------------------------------------------
           85.00   118.00    34.00     0.00    24.00   nvs     nvs
--------------------------------------------------

--------------------------------------------------
SL - 06     58.00    68.00    10.00     0.00    33.81   nvs     nvs
         --------------------------------------------------
           68.00    77.00     9.00     0.00   161.44   nvs     nvs
         --------------------------------------------------
           77.00    86.30     9.30     0.00    49.32   nvs     nvs
--------------------------------------------------

--------------------------------------------------
SL - 07        56     81.5     22.5        0        0    0.09    0.43
--------------------------------------------------
           81.50    86.70     5.20     0.00    38.65    0.12    0.56
--------------------------------------------------

--------------------------------------------------
SL - 08     25.10    31.90     6.80     0.00     0.00    0.22    0.42
         --------------------------------------------------
           42.70    44.50     1.80     0.04    78.11    0.06    0.15
         --------------------------------------------------
           50.15    54.15     4.00     0.00    33.76    0.51    0.69
         --------------------------------------------------
           56.60    58.00     1.40     0.17   102.00    0.35    0.70
         --------------------------------------------------
           62.90    70.50     7.60     0.00    78.62    0.08    0.32
         --------------------------------------------------
           70.50    82.00    11.50     0.05    12.11    0.07    0.17
         --------------------------------------------------
           82.00    90.50     8.50     0.04    88.66    0.44    0.24
         --------------------------------------------------
           90.50    92.50     2.00     0.00     0.00    0.19    1.51
--------------------------------------------------


                        SAN JOSE DRILL HOLES

SJ - 01      0.00     5.00     5.00     0.00   263.60    0.46    0.73
        --------------------------------------------------
            5.00    13.00     8.00     0.00    32.75    0.06    0.18
        --------------------------------------------------
           17.00    30.25    13.25     0.00    27.16    0.12    0.33
--------------------------------------------------


                         PRELIMINARY RESULTS
                       NO LEAD OR ZINC VALUES

SJ - 02      0.00     9.40     9.40     0.00    17.46
        ---------------------------------------------
            9.40    20.20    10.80     0.00    31.02
        ---------------------------------------------
           21.20    24.65     3.45     0.00   112.77
--------------------------------------------------

--------------------------------------------------
SJ - 03      0.00     9.20     9.20     0.01    48.33
        ---------------------------------------------
            9.20    14.40     5.20     0.10   873.62
        ---------------------------------------------
           14.40    16.20     2.60     0.11    21.81
        ---------------------------------------------
           20.10    29.00     8.90     0.01    59.67
--------------------------------------------------

--------------------------------------------------
SJ - 04      0.00    10.75    10.75     0.08    49.33
        ---------------------------------------------
           10.75    17.25     6.50     0.00   552.93
        ---------------------------------------------
           17.25    34.00    16.75     0.02     8.70
        ---------------------------------------------
           34.00    47.00    13.00     0.00    50.46
        ---------------------------------------------
           47.00    59.00    12.00     0.00    30.42
        ---------------------------------------------
           59.00    69.00    10.00     0.02    19.00
        ---------------------------------------------
           87.40    94.00     6.60     0.27     7.20
        ---------------------------------------------
           99.00   101.00     2.00     0.43     0.00
--------------------------------------------------
Exploration Update

The drill rig has now been moved to the La Union Mine area immediately south of the San Jose area where 4 holes are programmed to test a silver bearing zone with old mine workings and an adjacent sub-parallel zone discovered during trenching with significant gold values. Five drill pads have been prepared immediately north of the San Luis Mine in the San Antonio area where rock chip samples from several widely outcrops ran nearly 900 g/t silver. When drill holes in the La Union Mine area are completed, the drill will be moved to test the San Antonio zone. Trenching is continuing to the north of San Antonio in the Carmen area where there are numerous old mine workings, but few outcrops.

Several new geologists have recently been added to the San Miguel project team as Paramount Gold plans to add a second 12 hour drill shift that will double the meters drilled per day. This will allow much faster testing of the numerous target areas defined to date. Detailed reconnaissance geologic mapping and rock chip sampling programs continue along the + 6 kilometer mineralized trend controlled by Paramount Gold.

Paramount Gold has now completed more than 3,800 meters of core drilling at the San Miguel project including 3 holes at Montecristo, 3 holes at La Blanca, 8 holes at San Luis and 11 holes at San Jose. The depth of each hole is shown in the table below.

Quality Control Program

Paramount takes detail photos of all the 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 Reed, B. Sc. Mineralogy, is acting as qualified person and has prepared the detail and review with respect to this news release.

Drill Hole     Area            Started     Completed   Total Depth

MC - 01     Montecristo       4/23/2006     5/2/2006      281.85
--------------------------------------------------
MC - 02     Montecristo        5/3/2006    5/10/2006      218.85
--------------------------------------------------
MC - 03     Montecristo       5/11/2006    5/24/2006      297.50
--------------------------------------------------
LB - 01     La Blanca         5/26/2006     6/1/2006      200.50
--------------------------------------------------
LB - 02     La Blanca          6/2/2006     6/6/2006      157.75
--------------------------------------------------
LB - 03     La Blanca          6/7/2006    6/12/2006      173.00
--------------------------------------------------
SL - 01     San Luis          6/15/2006    6/18/2006      160.80
--------------------------------------------------
SL - 02     San Luis          6/19/2006    6/25/2006      179.10
--------------------------------------------------
SL - 03     San Luis          6/26/2006    6/28/2006      126.85
--------------------------------------------------
SL - 04     San Luis          6/29/2006     7/2/2006      151.45
--------------------------------------------------
SL - 05     San Luis           7/2/2006     7/8/2006      148.40
--------------------------------------------------
SL - 06     San Luis           7/9/2006    7/12/2006      161.30
--------------------------------------------------
SL - 07     San Luis          7/13/2006    7/15/2006      130.30
--------------------------------------------------
SL - 08     San Luis          7/16/2006    7/18/2006      127.75
--------------------------------------------------
SJ - 01     San Jose          7/19/2006    7/21/2006      118.30
--------------------------------------------------
SJ - 02     San Jose          7/22/2006    7/23/2006       44.70
--------------------------------------------------
SJ - 03     San Jose          7/24/2006    7/25/2006      108.75
--------------------------------------------------
SJ - 04     San Jose          7/26/2006    7/28/2006      130.10
--------------------------------------------------
SJ - 05     San Jose          7/28/2006    7/31/2006      104.90
--------------------------------------------------
SJ - 06     San Jose           8/1/2006     8/4/2006      114.85
--------------------------------------------------
SJ - 07     San Jose           8/5/2006     8/7/2006      108.70
--------------------------------------------------
SJ - 08     San Jose           8/8/2006    8/12/2006      111.40
--------------------------------------------------
SJ - 09     San Jose          8/12/2006    8/15/2006      123.65
--------------------------------------------------
SJ - 10     San Jose          8/15/2006    8/17/2006      105.10
--------------------------------------------------
SJ - 11     San Jose          8/18/2006    8/22/2006      197.10
--------------------------------------------------
About San Miguel

San Miguel is currently comprised of 16 concessions covering an estimated 6 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.

Contact:

              Investor Relations:

              Skyline Communications, 613-226-9881

              Toll-free: 1-866-481-2233





Best Regards,

 

Chris Theodossiou

Skyline Communications

Tel: 613.226.9881 ext 201

Fax: 613.226.5106

ctheo@skylinecommunicationsinc.com

www.skylinecommunicationsinc.com

 

Doch jetzt zu einemweiteren richtigen "Hammer"!!

Sie erinnern sich, gestern gab es News vom Gold-/Silberexplorationsunternehmen

PARAMOUNT GOLD, WKN A0HGKQ, www.paramountgold.com

RON STRÚTHER SAGT: 22 DOLLAR KURSZIEL!

Erstklassige Bohrresultate konnte das Unternehmen von seinen potenziellen Weltklasseprojekten in Mexiko verkünden. Ja, die Resultate waren sogar so gut, dass sie wieder einmal Analysten auf den Plan riefen, der kanadische Rohstoffanalyst Ron Struther ist von den Ergebnissen so begeistert, dass er sogar schon von einer potenziellen signifikanten Neuentdeckung spricht, er erwartet weitere Resultate dieser Art und ist sich sicher, dass sich Paramount in den nächsten Monaten schon ähnlich entwickeln könnte, wie der direkte Projektnachbar Palmarejo. Hintergrund: Die kanadische Palmarejo hatte einst genauso angefangen wie Paramount, ebenfalls mit einer kleinen Marktkapitalsierug, signifikante Neuentdeckungen verhalfen dem Unternehmen zu einer mittlerweile sehr hohen Bewertung an der Börse, rund 650 Mio. USD ist der aktuelle Wert. Paramount befindet sich vom Entwicklungsstadium etwa ein Jahr hinter dem von Palmarejo, zwischen den Börsenbewertungen liegen jedoch Welten! Sie wissen, die Projekte von Palmarejo und Paramount sind nur durch eine künstlich angelegte Grenze getrennt, und Palmarejo konnte bereits eine signifikante Ressourcenschätzung vorweisen. Jetzt ist Paramount dran, die Bohrungen laufen auf Hochtouren....

Struther glaubt, dass Paramount in einem Jahr ähnlich weit sein wird wie Palmarejo, würde Paramount in einem Jahr mit derselben Größe an der Börse bewertet, so sagt Struther, stünde die Aktie dann ohne weiteres bei 22 USD. - Ist das nicht gewaltig!? Wie würden Sie das finden, wenn sich diese Prognose bewahrheitet!? Wissen Sie was, wir wären sogar schon mit der Hälfte zufrieden, denn dann wird sich Paramount für uns bullVestoren als 1000%-Aktie herausstellen!

ACHTUNG: Schon in der nächsten Woche ist es soweit....

dann stellen wir Ihnen unsere "Kursrakete" des Jahres vor, exklusiv in unserer kostenlosen blackEdition. Sind Sie noch immer kein blackEdition-Abonnent!? Dann wird es aber Zeit, denn ich kann Ihnen sagen, Sie sollten meine neue Empfehlung auf keinen Fall verpassen!

Mit besten Empfehlungen

IHR

Helmut Pollinger

www.bullVestor.com  

Etliche Topgeologen von Barrick Gold wechselten kürzlich zu einem Gold- und Silberexplorationsunternehmen:

PARAMOUNT GOLD, Frankfurt WKN A0HGKQ, www.paramountgold.com

Paramount exploriert in Mexiko, San Miguel. Die Explorationsgebiete liegen direkt neben einer bereits von der kanadischen Palmarejo erfassten signifikanten Ressource. Projektnachbar Palmarejo startete ca. ein Jahr vor Paramount und hat wahnsinnigen Erfolg bei der Exploration. Das zeigt sich auch im Aktienkurs: Ende 2004 notierte die Aktie von Palmarejo noch bei wenigen Cents, heute bringt die Aktie mehr als 8 Dollar (CAD  Börse Toronto) auf die Waage, die Exploration läuft erfolgreich. Paramount ist direkter Projektnachbar, Paramounts Gebiete sind lediglich durch eine "künstliche" Grenze getrennt. Nun, was sollte sich also hier so groß von den bereits erfolgreichen explorierten Gebieten von Palmarejo unterscheiden!? Das einzige, was für uns erkennbar ist, ist der Umstand, dass Paramount mit der Exploration erst ein Jahr später angefangen hat. So, und jetzt frage ich Sie, warum wechseln wohl sämtliche Topgeologen des Minenriesen Barrick Gold zu dem NOCH kleinen Explorationsunternehmen Paramount!? - Richtig, weil sie hier großes Potenzial sehen, dass Paramount eine große Lagerstätte ans Licht bringen wird! Der Bohrer in Mexiko läuft derzeit auf Hochtouren, wir können also jederzeit mit Ergebnissen rechnen....

Vom aktuellen Kursniveau ist der Hebel in der Aktie von Paramount Gold enorm. Auch Sie sollten nicht versäumen, bei dieser Chance dabei zu sein! Natürlich besteht immer noch ein Risiko, die Bohrungen könnten weniger erfolgreich verlaufen, aber warum sollten sie das, wenn der direkte Projektnachbar Palmarejo so viel Erfolg hat!? Ich denke, die Risiken sind also überschaubar, die Chancen auf drei- bis vierstellige Kursgewinne aber gewaltig. - Nutzen also auch Sie Ihre Chancen. Paramount Gold notiert mit der WKN A0HGKQ an der Börse in Frankfurt, mit aktuell 4% Kursverlust eine nette Einstiegsmöglichkeit, Kurse bis 2 Euro für den Einstieg nutzen.

Herzliche Grüße

IHR

Helmut Pollinger  

denke da kommt noch was grösseres ...

www.stockcast.tv  

erhalten. Hier die letzte:

Paramount Gold Drills Additional Silver Intersects, Including 354 g/t (11.4 Ounces) Silver Over 6.6 Meters and 263 g/t (8.5 Ounces) Silver Over 19.7 Meters at their San Miguel Project, Mexico



Chihuahua, Mexico – (BUSINESS WIRE) – September 20, 2006 – 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 remaining four of eight drill holes completed on the San Jose zone and comprised of two step out holes, SJ-05 and SJ-08 that are approximately 50 and 175 meters down strike, to the South of drill hole SJ-04 (553 g/t silver across 6.5 meters) reported on September 13th, 2006. Drill holes SJ-06 and SJ-07 step out approximately 60 meters to the South East and North East of SJ-04.



Bill Reed, Exploration Manager for Mexico said “We continue to better our expectations with each drill hole. Hole SJ-08 was a step out of approximately 175 meters along strike, adding up to approximately 300 meters of strike that has been drill tested on the San Jose zone thus far. San Jose remains open in all directions and to depth and we expect to expand on this zone in the next phase of drilling. We are currently drilling in the La Union zone that we have identified over 250 meters with eight trenches and trench one is only about 50 meters to the South of SJ-08. The La Union and San Jose zones may be connected or slightly offset by a fault that can only be confirmed with further drilling. There may also be some significance to higher gold values that we are finding a

little deeper. Hole SJ-08 cut 6.9 meters starting at 66.2 meters of  0.41 grams gold while SJ-07  hit 1.23 grams gold over 5 meters starting at 69 meters and higher gold values were also noted deeper in SJ-04 and SJ-05".



San Jose Zone Highlights:

SJ-05 cut:   47.0 meters from surface averaging 131 grams per tonne silver, including

                 19.65 meters from 4.35 to 24.0 meters of 263 g/t silver, and

                 8.0 meters from 24.0 to 32.0 meters of 30 g/t silver and 0.51 g/t gold, and

                 5.0 meters from 42.0 to 47.0 meters of 93 g/t silver.



SJ-06 cut:   6.6 meters from 44.0 to 50.6 meters of 354 g/t silver, and

                 29.0 meters from 41.0 to 70.0 meters averaging 1.1 per cent zinc.



SJ-07 cut:   5.95 meters from 38.05 to 44.0 meters of 166 g/t silver, and

                 5.0 meters from 69.0 to 74.0 meters of 26 g/t silver and 1.23 g/t gold.



SJ-08 cut:   4.5 meters from 9.3 to 13.8 of 148 g/t silver and

                 4.0 meters from 46.5 to 50.5 meters of 149 g/t silver with 0.49 g/t gold.



Quality Control Person

Paramount takes detail photos of all the 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

Hole
From

(m)
To

(m)
Width

(m)
Gold

(g/t)
Silver

(g/t)
Lead

%
Zinc

%


 
 
 
 
 
 
 

SJ 05
0.00
4.35
4.35
0.08
65.00
0.42
0.15


4.35
24.00
19.65
0.04
263.00
0.53
0.48


24.00
32.00
8.00
0.51
30.00
0.26
0.83


42.00
47.00
5.00
0.01
93.00
nsv
nsv


 
 
 
 
 
 
 

SJ 06
41.00
44.00
3.00
0.00
39.00
0.04
1.03


44.00
50.60
6.60
0.00
354.00
0.28
1.36


50.50
62.00
10.70
0.00
8.00
0.09
0.91


62.00
70.00
8.00
0.21
8.00
0.46
1.23


108.00
114.85
6.85
0.20
0.00
nsv
nsv


 
 
 
 
 
 
 

SJ 07
38.05
44.00
5.95
0.00
166.00
nsv
nsv


44.00
52.00
6.50
0.01
57.00
nsv
nsv


59.00
64.00
5.00
0.40
31.00
0.22
0.47


69.00
74.00
5.00
1.23
26.00
0.14
0.29


82.00
108.70
26.70
0.38
7.00
nsv
nsv


 
 
 
 
 
 
 

SJ 08
0.00
2.90
2.90
0.08
63.00
nsv
nsv


9.30
13.80
4.50
0.07
148.00
0.16
0.40


13.80
46.50
32.70
0.03
24.06
nsv
nsv


46.50
50.50
4.00
0.49
149.00
0.36
0.13


66.20
73.10
6.90
0.22
5.64
0.41
0.91


81.00
90.00
9.00
0.43
2.00
nsv
nsv




About San Miguel

San Miguel is currently comprised of 16 concessions covering an estimated 6 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.



Paramount Gold Highlights
·                    Paramount hits 874 g/t (28 ounces) over 5.2 meters and 553 g/t (17.8 ounces) over 6.5 meters at the San Jose zone, San Miguel project in Mexico.

·                    Paramount hits gold in 4 of 5 drill holes at Linda property in Peru.

·                    Paramount hits 35.5 g/t gold over 4 meters at the San Luis zone, San Miguel project in Mexico.

·                    Paramount recruits key geologists from Barrick Gold.

·                    Paramount creates the Andean Gold Alliance with Teck Cominco Limited covering 21 properties in Chile, Peru and Argentina.

·                    Paramount closes $1,000,000 financing @ $4.25 with participation by Teck Cominco Limited for 117,500 shares.

·                    Paramount hits 11.3 g/t gold across 25.8 meters at the San Luis zone, San Miguel project in Mexico.

·                    Charles Reed, former Hecla Mining Chief Geologist, Mexico, joins Paramount Gold.



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 Teck Cominco 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.



Contact: Investor Relations:Skyline Communications, 613-226-9881
Toll-free: 1-866-481-2233




Ich würde sagen: Es wird Zeit, daß der Kurs endlich mal über der 2-Euro-Marke bleibt!
 

Paramount Gold Outlines a High Potential Gold-Silver Target at Santos, Peru

Lima, Peru – (BUSINESS WIRE) – Wednesday, September 27th, 2006 – Paramount Gold Mining Corp. (OTC: PGDP) (Frankfurt: P6G, WKN: A0HGKQ) is pleased to provide the results of the preliminary exploration work carried out at their Santos project in Peru.  This property has been acquired as part of the Andean Gold Alliance partnership signed with Teck Cominco Limited (TSX: TEK.B) in May 2006, for the exploration of 21 properties in Chile, Argentina and Peru.  

The Santos project is comprised of 12 mining concessions totalling 9,300 hectares located in the Department of Ayacucho, which is 400 km SSE of the town of Lima and 60 km NE of the town of Nasca.  

The Santos project is located at the western boundary of the Antapite-Ares gold-silver belt which hosts several small to medium sized low and high sulphidation Au-Ag deposits.  In particular, the Santos project bears several similarities with a group of three producing mines located east of Santos along a main crustal E-W trending structure i.e.; the Chipmo (1.6 M oz Au; 3.3 M tons at 17 g/t Au), the Ares (1.2 M oz Au and 21 M oz Ag; 2 M tons at 22 g/t Au and 11 oz/t Ag) and the Explorador (0.3 M oz Au and 17.5 M oz Ag: 2.2 M tons at 3 g/t Au and 8 oz/t Ag).  Santos is located just north of this important lineament along a NNW trending crustal structure.  What’s impressive is the fact that in these deposits, the length of the outcropping discovery veins (up to 7) is less than 200 meters as opposed to almost 2 km in underground workings.  To date, 13 veins having strike length up to 450 meters have been mapped on Santos which supports the great potential of this property.  In all of these deposits, gold is free and is associated with iron oxide whereas gold recovery is via heap leaching.  In general, these mines are highly profitable as total production costs are below US $100/oz while in situ ore value is greater than US $ 300 per ton (at actual metal prices).  

AlainVachon, Manager of Exploration for Paramount Gold in South America, commented: “We are very impressed with the results of our preliminary investigation on the Santos project.  In this case, it’s as important to look for the right analogies with the known mines, than just posting high grade gold/silver values.  Having said that, some of the values obtained so far (8.4 g/t Au and 315 g/t Ag) are very substantial.  The property lies in the right area and has the right ingredients, which is what we need.  The similarities with the known deposits on the large scale (overall geological setting) and the small scale (texture of the vein and mineralization) are stunning.  Our focus will be to determine, below the silica lithocap, where the level high grade gold/silver occurs.  We really believe that Santos, assuming the base case scenario for grade and size, has the potential to turn into a 1 M plus ounce gold equivalent deposit.”

Teck Cominco and Paramount have identified a well developed stockwork system composed of 13 quartz-oxide+/-sulphides veins associated to a silica lithocap and hydrothermal breccias.  The veins show banded and/or crustiform textures, large calcite crystal pseudomorhs and several events of quartz silica injection and replacement with clay alteration comprising of sericite, illite and kaolinite and patches of silica-alunite which is typical of a well preserved high level, steam heated, low sulphidation hydrothermal system.

The veins occur within two distinct almost perpendicular systems (ENE and NNW) and have been mapped up to 450 m in length and over 0.5 to 6 m in thickness.  Paramount’s sampling (131 rock samples) yielded the following results: 1.99 g/t Au and 315 g/t Ag.  Teck Cominco took 728 samples (rock, soil and silt) within the limits of the property, which have returned up to 8.4 g/t Au and 120 g/t Ag.


About Teck Cominco Limited

Teck Cominco Limited (TSX: TEK.B) is an $18 billion diversified mining company, headquartered in Vancouver, Canada. The company is a world leader in the production of zinc and metallurgical coal and is also a significant producer of copper, gold and specialty metals.



Paramount Gold Highlights
·                    Paramount drills additional silver intersects including 354 g/t (11.4 ounces) over 6.6 meters and 263 g/t (8.5 ounces) over 19.7 meters at San Miguel Project in Mexico.

·                    Paramount hits 874 g/t (28 ounces) over 5.2 meters and 553 g/t (17.8 ounces) over 6.5 meters at the San Jose zone, San Miguel project in Mexico.

·                    Paramount hits gold in 4 of 5 drill holes at Linda property in Peru.

·                    Paramount hits 35.5 g/t gold over 4 meters at the San Luis zone, San Miguel project in Mexico.

·                    Paramount recruits key geologists from Barrick Gold.

·                    Paramount creates the Andean Gold Alliance with Tech Cominco Limited covering 21 properties in Chile, Peru and Argentina.

·                    Paramount closes $1,000,000 financing @ $4.25 with participation by Teck Cominco Limited for 117,500 shares..

·                    Paramount hits 11.3 g/t gold across 25.8 meters at the San Luis zone, San Miguel project in Mexico.
 

"Meiner Meinung nach sollte man abwarten bis die ersten Bohrergebnisse vorhanden sind.
Für mich momentan maximal ein hold."

Aber die entwicklung geht in die richtige Richtung. Die ersten Bohrergebnisse
wurden bekannt gegeben und waren garnicht mal so schlecht.
Der wert braucht aber noch etwas Zeit. weiterhin nur watch!
wobei ich den Wert wieder etwas stärker beobachte....