Paramount Gold Nevada announced today that it has closed the previously announced non-brokered private placement funding of common stock and warrants with accredited investors. The Company issued 2,400,000 units at $1.25 per unit for aggregate proceeds of $3,000,000. Each unit consists of one share of common stock and one warrant to purchase one-half of a share of common stock. Each warrant has a two-year term and is [...]
Total cash operating costs of $528 per ounce of gold produced Annual average production of 47,000 ounces of gold and 50,000 ounces of silver for 7.25 years After tax IRR of 28% WINNEMUCCA, Nev., July 09, 2018 -- Paramount Gold Nevada Corp. announced today that its National Instrument 43-101-compliant Technical Report containing the recently completed Pre-Feasibility Study for its 100%-owned Grassy Mountain Gold Project in [...]
WINNEMUCCA, Nev., June 26, 2018 -- Paramount Gold Nevada Corp. announced today that John W. Seaberg has joined its board of directors as Executive Chairman. As a member of Paramount’s executive leadership team Mr. Seaberg will be responsible for Capital Markets. Outgoing Chairman Rudi Fronk, Chairman and Chief Executive Officer of Seabridge Gold, said the appointment of Seaberg is an important next step in the [...]
WINNEMUCCA, Nev., June 25, 2018 -- Paramount Gold Nevada Corp. announced today that the Company has received commitments from accredited investors to purchase common stock and warrants in a private transaction . Under the terms of the Transaction, Paramount has agreed to sell 2,400,000 units at $1.25 per unit for aggregate proceeds of $3,000,000. Each unit consists of one share of common stock and one warrant to purchase [...]
Paramount Gold Nevada will be presenting at the JTVIR Conference in Holmdel, New Jersey on Wednesday, June 27, 2018 at approximately 3:10 PM 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 www.wsw.com/webcast/vir17. The JTVIR Conference is an invitation only investment conference. About [...]
NO WATER IN LAST WELL; Nev., June 12, 2018 -- Paramount Gold Nevada Corp. reported today that the final monitoring water well drilled adjacent to the mineral reserves at the proposed Grassy Mountain underground mine did not encounter water to a final depth of 950ft., which is considerably below the bottom of the mine plan. The absence of water in the last well could further improve the robust economics of the recently [...]
Total cash operating costs of $528 per ounce of gold produced Annual average production of 47,000 ounces of gold and 50,000 ounces of silver for 7.25 years After tax IRR of 28% WINNEMUCCA, Nev., May 24, 2018 -- Paramount Gold Nevada Corp. announced today the results of an independent NI 43-101 compliant Pre-Feasibility Study for its 100% owned Grassy Mountain Gold Project in Eastern Oregon. The PFS confirms robust [...]
WINNEMUCCA, Nev., April 16, 2018 -- Paramount Gold Nevada Corp. announced today that its CEO, Glen Van Treek will be presenting at the European Gold Forum on Thursday April 19, 2018 at 11:00 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 [...]
WINNEMUCCA, Nev., March 27, 2018 -- Paramount Gold Nevada Corp. reported today that two more baseline environmental reports have been approved and accepted by the Oregon Department of Geology and Mineral Industries and the Department of Environmental Quality . Paramount CEO, Glen Van Treek commented: “Thanks to the ongoing co-operation of Oregon state agencies, we are pleased to report that we remain on track to [...]
WINNEMUCCA, Nev., March 13, 2018 -- Paramount Gold Nevada Corp. reported today that the Oregon Department of Geology and Mineral Industries and the Department of Environmental Quality have approved and accepted the first two baseline environmental reports required for the permitting of Paramount’s proposed Grassy Mountain gold mine in Oregon. The baseline air quality report and the baseline visual resources report [...]
WINNEMUCCA, Nev., Feb. 20, 2018 -- Paramount Gold Nevada Corp. announced today that the Company has exercised its option to reduce the existing Net Smelter Royalty from 6% down to 1.5% and to acquire all rights to the private land at Grassy Mountain where the estimated 1.7 million ounce measured and indicated gold resource lies. In its original lease agreement signed in 2004 and subsequent amendments, the Company was [...]
WINNEMUCCA, Nev., Jan. 25, 2018 -- Paramount Gold Nevada Corp. announced today that CFO, Carlo Buffone will be presenting at the NobleCon14 – Noble Capital Markets’ Fourteenth Annual Investor Conference on Tuesday January 30, 2018 at 1:00 PM Eastern Standard Time in Studio 2 at The W Hotel in Fort Lauderdale, FL. The presentation will be made available on Paramount’s website at www.paramountnevada.com [...]
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