Paramount Gold and Silver reports additional assays from the Guazapares Megastructure on its San Miguel project in Mexico

WINNEMUCCA, NEVADA--(Marketwire - July 24, 2012) - Paramount Gold and Silver Corp. (NYSE MKT:PZG)(NYSE Amex:PZG)(TSX:PZG)(FRANKFURT:P6G)(WKN:A0HGKQ) ("Paramount") reported today that results from another 16 shallow core holes on its 100%-owned San Miguel Project in Mexico continue to confirm the continuity of...