Paramount Gold Nevada Corp
Primary ticker: NYSE: PZG
Stage of development: Development
Primary minerals: Gold & Silver
Project to promote: Grassy Mountain (Oregon), Sleeper (Nevada) and Bald Peak (Nevada)
Project location: USA
Website: www.paramountnevada.com
Paramount Gold Nevada is U.S domiciled and U.S listed company in the business of acquiring, exploring, and developing precious metals projects in the U.S. The company’s philosophy is to provide our shareholders with industry-leading exposure to high quality U.S. gold assets while reducing many of the risks inherent to junior mining companies. We keep our overhead costs low and maintain a measured value-creation focus on our development spending.
Currently, Paramount owns two advanced stage assets with gold resources in excess of 4 million ounces.
The Grassy Mountain project in eastern Oregon has an updated (October 2022) Feasibility Study outlining a profitable small-footprint, high-grade underground mine which is progressing through state and federal permitting.
In Nevada, Paramount owns 40k acres surrounding the past producing Sleeper Mine. The Company is engaged in a development program to optimize the +3 million-ounce project. Recent work has validated and updated the historic resource at Sleeper.
Paramount acquired a low-cost option on a highly prospective project called Bald Peak in the prolific Aurora district in Mineral County Nevada. Bald Peak is now permitted with a drill ready program to test samples that were greater than 10g/t gold.
Cash: USD3.5M
Debt: USD15M
Major shareholders:
FCMI Parent Co. – 14%
Seabridge Gold Inc. – 4%
Sprott Inc. -2.5%
Millenium Management Llc – 2.5%
Vanguard Group – 2%
Management ownership – 5.50%
Financials
Management Profile
Rachel Goldman, CDI.D, Chief Executive Officer and Director:
Ms. Rachel Goldman is the CEO and director of Paramount Gold Nevada. Prior to joining Paramount, Ms. Goldman spent 20 years in capital markets with Canadian based boutique and bank owned firms, and most recently as Managing Director Institutional Equity Sales for Desjardins Securities. Over those years she developed strong working relationships with institutional investors throughout Canada, the US and the UK, and helped to connect numerous public companies to key investment decision makers and improve their market profile. Ms. Goldman holds a Bachelor of Commerce with a Major in Finance from Concordia University and serves as an independent director of Red Pine Exploration (TSXV: RPX), and the Denver Gold Group.
What is your rationale for taking part in 121 Mining Investment?
As we our experienced team continues to add value to a well diversified portfolio of assets, we look to raise general awareness and add market support.
What recent news would you like to highlight to investors attending?
Additional regulatory success: Paramount Secures Approval From Oregon State Agencies For Proposed Technologies And Processes At Its Wholly Owned Grassy Mountain Gold Project – https://paramountnevada.com/PageBuilder/2025-03-20
What are your key goals in 3 months, 6 months, 12 months?
3 Months:
Completion of draft federal EIS and draft state permits.
6 Months:
Completion of Final EIS
12 Months:
Positive record of decision and final permits.
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
The key risks and challenges are those inherent with junior mining companies, which include regulatory challenges in permitting, fluctuations in the gold price affecting project economics, and general market variability that may affect project financing. Recent regulatory approvals, recent financing partnership with Sprott and strategic stockholders have minimized these risks for Paramount.
What do you think makes your company such a compelling investment?
Paramount offers a compelling investment with a proven team, strategic investors, and an advanced stage, near-permitted high-grade gold project. With a US based diversified asset portfolio and an EV-to-resource of under$5 per ounce, the Company presents significant upside potential.
What are the top 3 key investor takeaways?
1. ADVANCEMENT OF GRASSY: Progressing its high grade Grassy Mountain gold project through permitting, with recent regulatory approvals, final permits seem imminent positioning the project to become Oregon’s first modern day gold mine.
2. DIVERSIFIED US GOLD PORTFOLIO: With over 4 million ounces of gold in one of the worlds most safe mining jurisdictions, Paramount offers multiple exploration opportunities and near-to- medium term revenue streams.
3. PROVEN LEADERSHIP & STRONG BACKING: Paramount’s experienced team, behind the $200M San Miguel transaction with Coeur Mining, is supported by strategic investors and reliable financial partners.