Friday, May 05, 2006

 

Gold Prices Pull Back From 25-Year Highs


Gold Prices Pull Back From 25-Year Highs
Gold fell after reaching a new quarter-century record Wednesday, as weakness in crude oil after U.S. inventory data and gains by the dollar prompted long liquidation.

Paramount Gold Acquires 100,000 Hectares Concession in Prolific Sierra Madre Gold-Silver Belt, Between the Guazapares
CHIHUAHUA, Mexico----May 3, 2006--Paramount Gold Mining Corp. is pleased to announce the acquisition of Andrea, a new mining concession located in Chihuahua between its exiting San Miguel project and Glamis Gold's El Sauzel gold mine.

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