Paramount Gold Nevada announced today that the permitting process cleared another major hurdle with the approval of the two most critical Baseline Data Reports related to key environmental aspects of its proposed Grassy Mountain high-grade underground gold mine, Ground Water and Geochemistry. Paramount President and COO, Glen Van Treek stated: “With the approval of these BDRs, the DOGAMI and all other participating [...]
Paramount Gold Nevada Corp. announced that the permitting process for its proposed Grassy Mountain high-grade underground gold mine took a major step forward at a recent public meeting of the Oregon State Technical Review Team’s (TRT) water resource sub-committee. The sub-committee confirmed that the ground water Baseline Data Report submitted by Paramount was accurate and complete according to the previously approved [...]
Paramount Gold Nevada Corp. reported today assay results from drill work completed in conjunction with the re-assessment and expansion of the multi-million-ounce gold and silver resource on its 100%-owned Sleeper Gold Project, a former mine currently being evaluated for a production restart given the significant increase in gold prices. This first phase of exploratory drilling consisted of six holes drilled to the east of [...]
Paramount Gold Nevada Corp. announced positive results from its first drill program at its Frost project located within trucking distance of the proposed Grassy Mountain Mine operation. "We are pleased with the results of this initial program. We have encountered a robust gold system which could have the potential to generate significant tonnage of economic material," said Glen Van Treek, Paramount's President and Chief [...]
Paramount Gold Nevada Corp. announced today the positive results of metallurgical tests designed to recover gold from sulphide mineralization, which is not included in the current mine plan for its 100% owned Sleeper Gold Project in northern Nevada. As part of Paramount's strategic plan to advance the former high-grade producing Sleeper gold mine towards a production decision, last year the Company initiated metallurgical [...]
Paramount Gold Nevada Corp. is pleased to provide highlights of our progress in 2021 and a glimpse of what you can expect in 2022. Friends of Paramount Gold, Last year provided no shortage of challenges for the gold sector despite an economic, fiscal, and monetary backdrop that was broadly expected to be constructive for the gold price and related equities. Nonetheless, we persevered with the de-risking initiatives we had [...]
Paramount Gold Nevada Corp. announced today that it has submitted a modified Consolidated Permit Application with the State of Oregon seeking approval to construct and operate its proposed, high-grade gold mine located in Malheur County in eastern Oregon. Paramount CEO, Rachel Goldman commented: "We have a high degree of confidence that the rigorous review and subsequent modifications will result in the CPA achieving [...]
Paramount Gold Nevada Corp. announced today that it has submitted a modified Plan of Operation to the Bureau of Land Management , for its proposed mining operations in Eastern Oregon. The modified Plan addresses comments received from the BLM's review of the initial Plan, requests from state agencies and modifications that the Company has made to its proposed mining operations based upon a robustly economic Feasibility [...]
Paramount Gold Nevada Corp. announces the results of the votes from its annual general meeting of the stockholders which was held on December 9, 2021. There were 40,525,151 shares outstanding and entitled to vote at the meeting as of the record date of October 15, 2021, of which, 20,288,543 shares or 50.06% voted. The stockholders elected the following seven individuals to Paramount's Board of Directors for a one year [...]
Paramount Gold Nevada Corp. announced today it has initiated a reverse circulation drill program to test several exploration targets identified by our team and Mine Development Associates in our joint evaluation designed to bring the Sleeper Mine back into production. Paramount Gold Nevada owns a 100% interest in the Sleeper Gold Project, a former high-grade open pit gold producer located off a main highway approximately [...]
Paramount Gold Nevada Corp. announced today assay results from 44 new surface samples collected by the company primarily from silicic outcrops at its recently acquired Bald Peak Project in Mineral County, Nevada. The samples averaged 2.62 g/T gold and 4.2 g/T silver, with more than half assaying above 2 g/T gold and running as high as 10.85 g/T gold. Paramount President and COO Glen Van Treek commented: "We are extremely [...]
Paramount Gold Nevada Corp. announced today that it has completed a promising ground geophysical survey of its recently acquired Bald Peak Project located in Mineral County, Nevada. The Controlled Source Audio-frequency Magnetotellurics Survey totalling 21.4 km over 15 lines defined three-dimensional continuity of silicified zones which appear to be the source of surface gold on the property. These zones are identified as [...]