Paramount Gold and Silver Corp. is an exploration company focused on precious metals and trades on the AMEX Exchange under the symbol (PZG) and on the Frankfurt Stock Exchange under the symbol (P6G). The company has two primary objectives which includes aggressively exploring and developing the San Miguel project, and fully developing the potential of two projects located in South America.
The company’s San Miguel project is located in Northern Mexico within the Temoris mining district which is part of Sierra Madre Occidental’s prolific gold-silver belt. Gold and silver mineralization in the area occurs as quartz veins and breccias within the west-northwest and north-northwest striking faults. In the past there have been multiple nearby discoveries including Palmarejo, Mulatos, Delores, Ocampo, and El Sauzal.
The management team has more than 325 year of combined mining experience. Lawrence Segerstrom, the COO, previously served as a manager of the Geologic Services Group for Freeport McMoRan where he managed all onsite geologic activities in the Grasberg Mining District. He has a B.S. and M.S. in Geology as well as an M.B.A.
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