Paramount Gold and Silver Corp., an exploration stage company, engages in the acquisition, exploration, and development of gold, silver, and precious metal properties in Mexico and the United States. The company owns a 100% interest in the San Miguel property located in southwestern Chihuahua, northern Mexico. Its projects also include the Sleeper Gold project located in Humboldt County; the Mill Creek property located to the south of Battle Mountain; the Reese River/Horse Mountain Window project located in Lander County; and the Spring Valley property located in the Spring Valley area in Pershing County, Nevada. The company was founded in 2005 and is headquartered in Winnemucca, Nevada.