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Paramount Gold and Silver Corp. is a U.S.-based exploration and development company with multimillion-ounce, advanced-stage precious metals projects in Nevada (Sleeper) and northern Mexico (San Miguel). Fully funded exploration and engineering programs are now in progress and these two core projects are expected to generate substantial additional value for shareholders. PEAs have been completed to define a clear economic path for each project. These reports encompass significant resource expansion, metallurgical testing, engineering and economic analysis—work that will increase the confidence level of the company's resources and move them towards 2P reserves, which typically receive a higher valuation in the marketplace.