Paramount Gold Nevada Corp. announced today that it has received binding commitments for a non-brokered private placement of secured convertible notes totaling $5,343,000. Subscribers include an investment fund affiliate of Sprott Inc., Seabridge Gold Inc. and Paramount director Rudi Fronk. Paramount Gold President and CEO, Glen Van Treek commented, “This financing enables us to complete and submit the Grassy [...]
Paramount Gold Nevada Corp. announced today that it has entered into an agreement with Ausenco Engineering Canada Inc. to complete a National Instrument 43-101 Feasibility Study for its proposed Grassy Mountain gold mine in eastern Oregon. Ausenco is a global diversified engineering, construction and project management company providing consulting, project delivery and asset management solutions to the resources, energy [...]
Paramount Gold Nevada Corp. will be presenting at the John Tumazos Very Independent Research, LLC. Metals Conference in Holmdel, New Jersey on Thursday, June 20, 2019 at approximately 10:00 AM Eastern Time. In addition to the PDF of the presentation, which will be available on the Company’s website www.paramountnevada.com, the presentation will be live webcast at http://wsw.com/webcast/vir18/. The JTVIR Conference [...]
Paramount Gold Nevada Corp. announced today that a new Controlled Source Audio-frequency Magneto-Tellurics ground geophysical survey recently completed at the Frost Project has confirmed high value gold targets that coincide with previous geophysical surveys and surface mapping. Frost is located approximately 12 miles west of Paramount’s 100%-owned Grassy Mountain project in eastern Oregon where the Company is in [...]
Paramount Gold Nevada Corp. is pleased to announce that the Malheur County Planning Commission has approved the Conditional Use Permit for the proposed Grassy Mountain underground mine located in eastern Oregon. In a public meeting held on May 23, 2019 in Ontario, Oregon, the Malheur County Planning Commission voted unanimously to approve the proposed CUP for Grassy Mountain and to recommend approval of a Sage Grouse Rule [...]
Paramount Gold Nevada Corp. announced today that the Company has received acceptance of the Noise Baseline Data Report as complete from the Oregon Department of Geology and Mineral Industries . The purpose of the Noise BDR is to document the existing noise levels at several locations near the proposed Grassy Mountain Mine, along the access road and at a nearby campground prior to the commencement of mining operations [...]
Paramount Gold Nevada Corp. announced today that it has closed the previously announced royalty agreement with Franco-Nevada Corp. for a 2% Net Smelter Return Royalty on its Sleeper Gold property for US$2 million. The proceeds from the sale of the NSR will be used towards the continued advancement of the permitting efforts, feasibility level work and exploration at the Company’s high grade, Grassy Mountain gold [...]
Paramount Gold Nevada Corp. announced today that it has entered into a royalty agreement with Franco-Nevada Corp. to sell a 2% Net Smelter Return Royalty on its Sleeper Gold property in Northern Nevada for cash proceeds of US$2 million, subject to customary closing conditions. Proceeds from the royalty sale will be used to continue the permitting process and feasibility level work for Paramount’s proposed Grassy [...]
Paramount Gold Nevada Corp. announced today that its Executive Chairman, John Seaberg will be presenting at the European Gold Forum on Thursday April 11, 2019 at 9:10 AM Local Time in Ballroom 2 of the Park Hyatt Hotel in Zurich, Switzerland. The presentation will be made available on Paramount’s website at www.paramountnevada.com. The European Gold Forum is an invitation only investment conference. About Paramount [...]
Paramount Gold Nevada Corp. announced today that holders of 1,045,000 stock purchase warrants issued in connection with the Company’s private placement completed in February 2017 were exercised for gross proceeds of approximately $972,000. In considering various options to raise additional capital, the Company’s Board of Directors determined that it was in the best interest of the Company to pursue resetting [...]
Paramount Gold Nevada Corp. announced today that it has received acceptance for the Surface Water Baseline Data Report from the State Technical Review Team for its proposed, underground Grassy Mountain gold project in Malheur County, Oregon. Paramount CEO, Glen van Treek commented: “This BDR acceptance, combined with the other sixteen previously accepted, and the recent filing of the Conditional Use Permit with [...]
Paramount Gold Nevada Corp. announced today that it has filed its application for the Conditional Use Permit with the Planning Department of Malheur County for its proposed Grassy Mountain Gold Mine in eastern Oregon. Location map for the proposed Grassy Mountain gold mine and associated infrastructure The CUP is the permit providing County approval for Paramount’s proposed land use for private land. The entire [...]