30% 60% 1.9 31 1.2 9.5 Nev., Sept. 08, 2023 -- Paramount Gold Nevada Corp. has issued an S-K 1300 Technical Report Summary for its 100% owned Sleeper Gold-Silver Project improving upon the total resources and associated confidence in the resources previously reported. Paramount's President and COO Glen Van Treek stated that, "Our team is thrilled with the progress we have made advancing the Sleeper project since the [...]
Paramount Gold Nevada Corp. announced today that it has received approval for a two-year extension of its Conditional Use Permit during a public meeting of the Malheur County Planning Department held on June 22nd. The Company is also pleased to report that it has submitted all responses and additional information requested by Oregon State permitting agencies which they require to determine if the Company's Consolidated [...]
Paramount Gold Nevada Corp. announced today that the Environmental Evaluation outline of the proposed Grassy Mountain Gold Mine has been approved by all Oregon State agencies involved in the permitting process as sufficient for the preparation of permits. Paramount's President and COO Glen van Treek stated, "The Environmental Evaluation is a critical component in the permit writing process. Knowing the scope of the data [...]
Paramount Gold Nevada Corp. announced today that it has executed a non-binding term sheet with Sprott Resource and Streaming Royalty Corp. , for a Royalty Convertible Note providing for minimum proceeds of $10 million and maximum proceeds of up to $15 million. While substantial technical and legal due diligence has been completed by Sprott Streaming, there can be no assurance that the proposed financing will be completed [...]
Paramount Gold Nevada Corp. announced today that the Oregon Department of Geology and Mineral Industries and State permitting agencies have accepted the Cultural Resources Baseline Data Report as complete. This is the final BDR in the process of obtaining state approval for our Grassy Mountain Project. Approval of the report followed a recent public meeting of the State's Technical Review Team and a recommendation of the [...]
Paramount Gold Nevada Corp. announces the results of the votes from its annual general meeting of the stockholders which was held on December 13, 2022. There were 46,932,378 shares outstanding and entitled to vote at the meeting as of the record date of October 17, 2022, of which, 22,925,414 shares or 48.85 % voted. The stockholders elected the following seven individuals to Paramount's Board of Directors for a one year [...]
Paramount Gold Nevada Corp. announced today that it has received the permit from the US Forest Service to drill its Bald Peak Project in Mineral County, Nevada. The Bald Peak project consists of a 4-mile-long prospective area with significant gold mineralization identified in surface samples, promising geophysical targets, and excellent geology within the Aurora-Borealis mining district. These two mines have produced more [...]
Paramount Gold Nevada Corp. is pleased to announce that the Federal Bureau of Land Management has accepted the Plan of Operations for the proposed high-grade underground Grassy Mountain gold mine in eastern Oregon as complete. With completeness, the BLM will issue a Notice of Intent thereby initiating the Environmental Impact Statement process under the National Environmental Policy Act . The EIS is a comprehensive [...]
Paramount Gold Nevada Corp. announced that its Annual General Meeting of the stockholders to be held on December 13, 2022 at 11:00 AM eastern standard time. The meeting will be held virtually over the Internet at www.meetnow.global/M7K6AQJ. Proxy materials are available at www.edocumentview.com/PZG. The Company also advised that it filed its annual audited financial statements for the fiscal year ended June 30, 2022 on [...]
Paramount Gold Nevada Corp. announced today that it has submitted an updated Plan of Operations to the Federal Bureau of Land Management for the Company's proposed Grassy Mountain Gold Mine in eastern Oregon. The Plan integrates all BLM comments related to the previous submission and defines the Company's proposal to build and operate the high-grade underground gold mine. The submission reflects collaborative exchanges [...]
Proven & probable reserves of 380,000 and 554,000 ounces of gold and silver, respectively Measured & indicated resources of 755,000 and 3.01 million ounces of gold and silver, respectively Total after-tax free cash flow of $182 million Robust economics at an after-tax NPV5% of $114 million with an IRR of 22.45% WINNEMUCCA, Nev., Oct. 06, 2022 -- Paramount Gold Nevada Corp. today filed its S-K 1300 Technical Report Summary [...]
Paramount Gold Nevada announced today that Samantha Espley, P.Eng. has been appointed to its Board of Directors as an independent director. Ms. Espley is a highly experienced mining engineer with over 30 years of industry experience, currently as a senior executive advisor for Stantec Engineering and recently as a corporate director with Vale, the world’s largest nickel and iron ore producer. Her global experience [...]