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Paramount Gold Nevada Corp PZG

Paramount Gold Nevada Corp. is engaged in the business of acquiring, exploring and developing precious metals projects in the United States of America. The Company owns both exploration and development stage projects in the states of Nevada and Oregon. The Company’s material Nevada property, the Sleeper Gold Project (Sleeper), is located in Humboldt County, Nevada. Its material Oregon property, known as the Grassy Mountain Project, is located in Malheur County, Oregon, approximately 22 miles south of Vale, Oregon, and roughly 70 miles west of Boise, Idaho. The project site is situated in the rolling hills of the high desert region of the far western Snake River Plain and consists of 455 unpatented lode claims and three patented lode claims all totaling roughly 8,280 acres. The Company’s subsidiaries include New Sleeper Gold LLC, Sleeper Mining Company, LLC and Calico Resources USA Corp. Calico Resources USA Corp., which holds its interest in the Grassy Mountain Project in Oregon.


NYSEAM:PZG - Post by User

Bullboard Posts
Post by zoomzoom3on Sep 13, 2011 4:18pm
607 Views
Post# 19038258

WOW Nice Muli-Million oz gold news

WOW Nice Muli-Million oz gold newsThe best part aside from the huge numbers is this final comment in the news released today during market hours.

 "At the same time as we push ahead with the existing resource, we will focus on a series of promising new exploration targets which have emerged from the data".

With a close near the high for the day and investors reading the news overnight PZG looks to keep the upward momentum from today. I would not be at all surprised to see a nice Gap Up and a multi day share price rise!!!
IMHO
Bullboard Posts