Paramount Gold And Silver Reports Silver Grades Up To 387 G/Tonne From New Drilling On Its San Miguel Project In Mexico

Winnemucca, Nevada - January 11, 2012 -Paramount Gold and Silver Corp. (NYSE/TSX: PZG) (Frankfurt: WKN: A0HGKQ) ("Paramount") today reported more high-grade assay results from eight additional holes

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