Paragon Minerals Corporation (TSX-V: PGR) is a Canadian-based exploration company focused on the discovery of world-class gold and base metal deposits in proven and emerging mineral districts.  Paragon strives to create value through discovery on its 100%-owned projects and its partner-funded projects.  Paragon has a significant portfolio of gold and base metal projects in the province of Newfoundland & Labrador, six of which are currently being explored by joint venture partners.

Paragon's key 100%-owned projects include the JBP Linear Gold Project and South Tally Pond VMS Project. 

The JBP Linear gold project is a high-grade gold target with significant drill intercepts including 255.0 g/t gold (7.45 oz/ton) over 0.5 metre at the Pocket Pond prospect and 52.37 g/t gold (1.53 oz/ton) over 0.35 metre at the H-Pond prospect.  The two prospects are located along a three kilometres quartz-vein zone that forms part of a longer “linear” trend which extends across the property.  High grade, gold-bearing quartz vein float samples assaying up to 798.87 g/t gold (23.30 oz/ton) have been located along this trend. 

The South Tally Pond VMS project is located in central Newfoundland, in a mining district that hosts the producing Duck Pond copper-zinc mine (Teck Resources) and the past producing world-class Buchans base metal deposits.  The South Tally Pond property covers 261 square kilometres immediately adjacent to the Duck Pond Cu-Zn mine.  Paragon has made a significant precious metal-rich copper-lead-zinc massive sulphide discovery at the Lemarchant prospect which has an excellent opportunity to develop into an economic resource.  In addition to the Lemarchant prospect, there are other high priority target areas on the property.