Paragon Minerals Corporation

TSX VENTURE: PGR

Paragon Minerals Corp.

Feb 10, 2010 12:30 ET

VANCOUVER, BRITISH COLUMBIA–(Marketwire – Feb. 10, 2010) – Paragon Minerals Corporation (TSX VENTURE:PGR) is pleased to announce that joint-venture partner Crosshair Exploration & Mining Corp. (TSX:CXX)(NYSE Amex:CXZ) has commenced drilling at the Golden Promise JV Gold Project in central Newfoundland. The program will focus on the Jaclyn Main Zone and will consist of approximately 6,200 metres of drilling in 30 holes. Eighteen drillholes are 50 metre-spaced “step-out” holes aimed at extending the Jaclyn Main Zone eastward for 300 metres to a total strike length of 1200 metres. The remaining holes are proposed to further test the potential of the paralleling Jaclyn North Zone and provide metallurgical samples of the high-grade near-surface portion of the Jaclyn Main Zone.

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For more information, please contact

Paragon Minerals Corporation
Michael Vande Guchte
President & CEO
(604) 629-2353
or
Paragon Minerals Corporation
Bill Cavalluzzo
VP Investor Relations
(604) 629-2353
www.paragonminerals.com

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Paragon Minerals Corporation: Drilling Underway at the Golden Promise JV Gold Project

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