NEWS,
Paramount Gold Engages Mine Development Associates, Independent Technical Consultant and Orthoshop
Wednesday, March 14, 2006, 8:00 am EST
Ottawa, Canada – (BUSINESS WIRE) – Paramount Gold Mining Corp. (OTC: PGDP) (Frankfurt: P6G, WKN: A0HGKQ) is pleased to announce that it has engaged Mine Development Associates (MDA- www.mda.com) to perform the deposit modeling, resource estimations, and National Instrument 43-101 (Canadian Standards of Disclosure for Mineral Projects) reporting on its San Miguel project in Chihuahua, Mexico. MDA is a full service mine engineering company based in Reno, Nevada, that has worked on significant projects throughout North, Central and South America.
Paramount has also engaged the services of Tony Starling of London, England to provide technical consulting with respect to its San Miguel project. Mr. Starling is an expert structural geologist and has a tremendous wealth of experience in the Sierra Madre region.
Paramount has contracted Orthoshop – Mexico to generate detailed topographic maps, digital orthophotos, and a digital terrain model for the San Miguel project. The ground control and aerial photography has recently been completed by Orthoshop and the initial results of their work are expected to be received next week.
Paramount COO, Larry Segerstrom stated: “We are very pleased to have acquired the high-quality services of MDA, with whom we can expand the resources of our San Miguel project with a great degree of confidence.”
