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Paramount Gold and Silver Releases Updated PEA for San Miguel: “Comfortable Down to $1,000″

Gold – Paramount's PEA uses a base case price of $1,350 per ounce for gold and $22 for silver, slightly above where those commodities have been hovering lately. However, with an all-in cash cost of $855 per recovered gold equivalent ounce, CEO Chris Crupi is confident the "project will fly" at current prices, and could even stand up against a slight drop.