Thursday, March 10, 2011

Beacon Equity Research Featured Company: American Paramount Gold (APGA)

American Paramount Gold is a mining and exploration company that focuses on excavating precious metals from existing mines in the state of Nevada. Regarded as a mining friendly state with one of the world’s most robust mining infrastructures, Nevada has the largest and most valuable group of precious metals projects in the United States.

The Capgold project, the company’s first project acquisition, is located in Nevada’s Walker Lane Structural Belt in the Toiyabe-Kawich region. It contains high-grade epithermal gold and silver in drill holes, whose systems are large, undeveloped and open to expansion. The gold grades in the area are estimated to be up to 31 grams tonnes, while the silver grades can reach up to 265 grams per tonne.

American Paramount has assembled an exceptional team of miners, geologists, financiers and consultants. The company’s philosophy is to find and develop mines in areas of existing mining and infrastructure to considerably lower capital expenditure and operating costs.

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