Paramount Gold Nevada Corp. announced today that the Malheur County Planning Commission has granted a two year extension through to May 2023 on the Conditional Use Permit for the proposed Grassy Mountain underground mine located in eastern Oregon. The Malheur County Planning Commission concluded that the request for an extension of the CUP [...]
Paramount Gold Nevada Corp. announced today that assay results from two new core holes at the Company's proposed high grade underground Grassy Mountain gold mine in eastern Oregon drilled outside the mineral reserve area indicate the potential for additional economic material. The two holes were initially drilled as part of the geotechnical program [...]
Paramount Gold Nevada Corp. announced today it has completed the purchase of 152 unpatented lode claims from South Sleeper Resources LLC. The claims are located only two miles south of Paramount's wholly-owned former high-grade producing Sleeper Gold Mine. With the acquisition of the South Sleeper claims, Paramount has increased its total land [...]
Paramount Gold Nevada Corp. announced today that it has received all required permits to conduct exploratory drilling at the Frost Project in Eastern Oregon from the Bureau of Land Management, the Oregon Department of Geology and Mineral Industries and associated agencies. Frost is comprised of 84 unpatented lode claims covering approximately 1,730 [...]
Paramount Gold Nevada Corp. announced today that the Wildlife Resources Baseline Data Report for the proposed high-grade Grassy Mountain gold mine in Malheur County, Oregon has been accepted by the Oregon State Technical Review Team . Paramount CEO Rachel Goldman commented: "The acceptance of the Wildlife BDR is an incremental positive for our [...]
Paramount Gold Nevada Corp. announces the results of the votes from its annual general meeting of the stockholders which was held on December 10, 2020. There were 34,237,080 shares outstanding and entitled to vote at the meeting as of the record date of October 16, 2020, of which, 21,301,355 shares or 62.22% voted. The stockholders elected the [...]
Paramount Gold Nevada Corp. announced today that in response to higher gold prices it has initiated a program to evaluate restarting the historic Sleeper Mine. From 1986 to 1996 the Sleeper mine produced 1.7 million ounces of high-grade gold at costs well below $400 per ounce. The 38,300 acre property in Humboldt County Nevada currently hosts 3 [...]
ANNUAL AVERAGE PRODUCTION OF 47,000 OUNCES OF GOLD AND 55,000 OUNCES OF SILVER OVER 8 $ 584 AND $ 672 26.0% $1,472 WINNEMUCCA, Nevada, Oct. 30, 2020 -- Paramount Gold Nevada Corp. is pleased to announce that it has filed on SEDAR, the National Instrument 43-101 Technical Report on Feasibility Study for its 100% owned Grassy Mountain Gold Project in [...]
Paramount Gold Nevada Corp. today released the results of the Feasibility Study for its 100% owned Grassy Mountain Gold Project in eastern Oregon. The Study outlines an underground mining operation with exceptional economic viability yielding strong NPV and IRR results, low initial capital and low all-in sustaining costs that generate substantial [...]
Paramount Gold Nevada Corp. announced today that the Oregon Water Resource Department has reviewed and approved the plans and specifications for the tailings dam proposed for the Grassy Mountain mine and stated that from a safety perspective, the plans are construction-ready. The OWRD reviewed the data within the Consolidated Permit Application [...]
Paramount Gold Nevada Corp. announced today that it has closed its previously announced non-brokered registered direct offering in the US and a concurrent best efforts agency offering in Canada of 4,807,700 shares of its common stock at a price of US$1.04 per common stock. The gross proceeds of the Offerings totaled US$5 million. “The continued [...]
Paramount Gold Nevada Corp. announced today the pricing of its previously announced non-brokered registered direct offering and concurrent, best efforts offering in Canada of 4,807,700 shares of its common stock, at an offering price of US $1.04 per share of common stock. Proceeds from the Offerings, before deducting agents' commissions and other [...]