The company owns advanced-stage, multi-million ounce precious metals projects in mining friendly jurisdictions in Nevada (Sleeper Project) and northern Mexico (San Miguel Project).
Resulting in a projected 17 year operation with average annual production of 172,000 gold ounces and 263,000 silver ounces.
Paramount's fully funded exploration and engineering programs at two primary projects delivering great results are continuing to create increased value for shareholders. Showing serious promise, this miner could go boom within the mid-term.
Continuing their drilling program to expand known resources at the south end of the Sleeper pit, the company is also extending the "Facilities Deposit" to the north into the recently discovered "Pad Zone". Grade results, all-promising reveal cuts from 0.94 grams per ton gold (0.94 g/t Au) and 3.14 grams per ton silver (3.14 g/t Ag) in the "West Wood Zone" with spots containing a remarkable 10.1 grams per ton gold (10.1 g/t Au).
Note 1: Please alert the board of any stock crossing the 20,50,20dma’s on daily or weekly chart.
Note 2: Please do an 8x34 chart on the stock; the 8x34 cross is the initial reversal sign of most stocks. Use the link below, just replace the ticker symbol. Post on the board when a stock crosses the 8DMA or the 34DMA and when the 8x34 cross is about to occur.
8x34 cross in the making, look at Full Sto, and CMF indicators. just replace the ticker with your TICKER
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