Hi COACH -
A quick question I hope -
Have you ever bumped into any of these properties while
you were in Mexico? And if so - any opinion - one
way or the other?
thanks,
John McCarthy
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COMPLETES THE PURCHASE OF THE SAN MIGUEL CONCESSION GROUP AND DISCOVERS THE MONTECRISTO II ZONE
Press Release - PARAMOUNT GOLD MINING CORP. Quotes:( PGDP )
Friday, June 09, 2006 10:22:00 AM EST
Chihuahua, Mexico – (BUSINESS WIRE) – June 9, 2006 – Paramount Gold Mining Corp. (OTC:PGDP, Frankfurt:P6G) (“Paramount”) is pleased to announce that payments of US$400,000 have been made ahead of schedule to complete the purchase of
the San Miguel concession group located in the Guazapares Mining District, Chihuahua, Mexico.
These 12 concessions cover old mines dating back to the 1620’s, and more recent mine workings including the San Luis mine where the Alaska Juneau Gold Mining Company mined high grade gold and silver ore between 1958 and 1962, the San Jose silver zone and other bulk tonnage silver targets located along a 6 kilometer NNW trending zone of quartz and stockwork quartz veining.
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FIRST DRILL RESULTS INCLUDE BONANZA GOLD GRADE OF 35.5 G/T GOLD OVER 4 METERS AT SAN MIGUEL PROJECT IN MEXICO
Press Release - PARAMOUNT GOLD MINING CORP. Quotes:( PGDP )
Wednesday, August 02, 2006 1:26:00 PM EST
Chihuahua, Mexico – (BUSINESS WIRE) – August 1, 2006 – Paramount Gold Mining Corp. (OTC:PGDP Frankfurt:P6G), is pleased to disclose the first round of results from its ongoing drill program at the San Miguel project located near Temoris, Chihuahua, Mexico. These first nine drill holes represent initial testing on the San Luis, Montecristo and La Blanca zones, which are three of the over ten known mineralized zones located at San Miguel. Two of the three zones reported very significant intercepts of gold and silver mineralization and included bonanza gold of 35.5 g/t gold with 17 g/t silver over 4.0 meters in hole SL-02 at San Luis and 0.39 g/t gold and 80.62 g/t silver over 19.5 meters in hole MC-01 at Montecristo. Of significance, these intervals contain associated lead, zinc and copper sulfides, however due to backlogs at analytical laboratories, the analysis for these elements has yet to be completed.
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