Well we just need the pics of the parts, we know what the bike looks like
But to answer your question, that would be a mismatch and waste of parts in my opinon. Save them for a cool weight-weenie build. Paramounts are tanks, and '72 is more of the home drillium era if you really want to go that route.
Factory hot-rod parts are more mid to late 70's. Better for a SL Colnago, Gios, etc. that already has fairly light frame.