Drilling at Paramount Gold and Silver's San Miguel Project Continues to Confirm and Extend High Grade Zones

WINNEMUCCA, NEVADA -- (Marketwire) -- 10/12/11 -- Paramount Gold and Silver Corp. (NYSE Amex: PZG)(TSX: PZG)(FRANKFURT: P6G)(WKN: A0HGKQ) ("Paramount") announced today new assay results from ongoing drilling at its 100%-owned San Miguel Project in...