Dahlman Rose Expects Revised Resources Estimates In June For Paramount Gold & Silver

In a report published by Dahlman Rose & Co., Paramount Gold And Silver PZG has successfully identified new resources at the Sleeper asset.

Dahlman Rose said revised resources estimates are expected in June 2011. "As anticipated in our note Encouraging Drill Results From the Sleeper Project, results from the 14 additional core and reverse circulation drill holes at the company's 100% owned Sleeper Gold Mine Project in Nevada has likely expanded the project`s resources and enhanced its economic potential. A new NI 43-101 compliant resource estimate incorporating all available data up until June 2011 is expected to be released that same month."

Paramount Gold And Silver closed yesterday at $4.16.