Paramount Gold Nevada
Paramount Gold Nevada Corp. is a U.S.-domiciled gold exploration and development company holding 100% interest in ~50,000 acres across three projects in Nevada and Oregon, advancing the Grassy Mountain underground gold project toward production and evaluating the past-producing Sleeper Gold Project for staged restart.
- Company typePublic
- Founded2015
- HeadquartersWinnemucca, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Paramount Gold Nevada does
Paramount Gold Nevada Corp. (NYSE American: PZG) is a U.S.-domiciled gold exploration and development company headquartered in Winnemucca, Nevada. The company holds 100% interest in approximately 50,000 acres of mineral rights across three primary projects: Grassy Mountain, an advanced-stage underground gold development project in Malheur County, Oregon with 405,000 oz of gold reserves and federal Record of Decision approval received in January 2026; Sleeper, a past-producing early-stage gold project in Humboldt County, Nevada with a multi-million-ounce resource base (1.99 Moz M&I + 2.30 Moz Inferred); and Bald Peak, an early-stage exploration property in Mineral County, Nevada. Additional non-core assets include the Frost Project in Oregon and the Mill Creek Property in Nevada.
The company's technical foundation rests on conventional precious-metals processing: Grassy Mountain is planned as an underground drift-and-fill operation using Carbon-in-Leach (CIL) processing with demonstrated 92.8% gold and 73.5% silver recovery, while Sleeper is being evaluated for a staged restart using crush-agglomerate heap-leach processing with Merrill-Crowe recovery targeting a 30,000 tonne-per-day facility. The economic scale of the asset base is significant: Grassy Mountain carries an after-tax NPV of $374.7M (IRR 38.9%, 2.2-year payback) and Sleeper an after-tax NPV of $402M (IRR 45%, 1.4-year payback), both at $3,600/oz gold, with combined initial capex requirements of approximately $390M.
Paramount is a pre-revenue development-stage company; it currently generates no operating revenue and will monetize gold and silver at market prices to refineries and precious-metals traders once production commences. Its go-to-market is investor-relations driven, with a small (1–10) employee base, public listing on NYSE American, analyst coverage from A.G.P. Alliance Global Partners, and a $15M non-dilutive Secured Royalty Convertible Note from Sprott Resource and Streaming Royalty Corporation (December 2023) funding the company through to permit receipt. The primary customer is the future commodity market; the regulatory pathway through Oregon's consolidated mining permitting framework — the first such project in state history — is the principal asset de-risking milestone.
Paramount Gold Nevada firmographics
Firmographics- Name
- Paramount Gold Nevada
- Legal name
- Paramount Gold Nevada Corp.
- Website
- https://paramountnevada.com
- Company type
- Public
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Paramount Gold Nevada Corp. is a U.S.-domiciled gold exploration and development company holding 100% interest in ~50,000 acres across three projects in Nevada and Oregon, advancing the Grassy Mountain underground gold project toward production and evaluating the past-producing Sleeper Gold Project for staged restart.
- Ownership category
- akta.pro rank
Paramount Gold Nevada industry classification
Industry- Product category
- Gold Mining
- NAICS
- Gold Ore and Silver Ore Mining (212220), Gold Ore and Silver Ore Mining (21222)
- SIC
- Gold And Silver Ores (1040), Metal Mining (1000)
- akta.pro primary industry
- Precious Metals Exploration & Project Development (IMAKAEAI)
- akta.pro secondary industry
- Gold Mining (IMAKAEAA)
Keywords
Where Paramount Gold Nevada is headquartered
LocationHeadquarters
- HQ city
- Winnemucca
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Paramount Gold Nevada business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales, Others
Marketing channels5 records
Paramount Gold Nevada product offering
Product offeringCore offering
Paramount Gold Nevada is a U.S.-focused gold exploration and development company advancing a portfolio of high-quality gold assets across approximately 50,000 acres in Nevada and Oregon. The company's primary projects are Grassy Mountain (an advanced-stage underground gold development project in Oregon with federal permits secured) and Sleeper (a past-producing, early-stage development project in northern Nevada with a multi-million-ounce resource base). The company also holds early-stage exploration projects including Bald Peak, Frost, and Mill Creek.
Product overview
Paramount Gold Nevada is a U.S.-focused gold exploration and development company advancing a portfolio of gold assets. The company holds a 100% interest in approximately 50,000 acres across three primary projects: Grassy Mountain (advanced-stage development in Oregon with federal permits secured), Sleeper (past-producing early-stage development in Nevada with district-scale land position), and Bald Peak (early-stage exploration in Nevada). The company is focused on disciplined execution to generate long-term shareholder value through developing these high-quality gold assets toward production.
Differentiator
Problem solved
Functional benefit
Products and services
- Grassy Mountain Gold Project An advanced-stage gold development asset in Malheur County, Oregon, with federal permits secured and a clear path to production. The project is planned as an underground mining operation with a relatively small surface footprint, a 9.3-year mine life, and projected production of 385,800 ounces of gold (a 7% increase from the 2022 study) and silver as byproduct. Uses Carbon-in-Leach (CIL) processing achieving 92.8% gold recovery and 73.5% silver recovery. After-tax NPV of $375M and IRR of 38.9% at $3,600/oz gold.
- Sleeper Gold Project A historic high-grade past-producing gold mine in Humboldt County, Nevada, with a highly prospective district-scale land position, a multi-million-ounce resource base (1.99 Moz M&I plus 2.30 Moz Inferred Au resources), and significant exploration upside. The Initial Assessment (June 2026) projects a 17-year mine life producing 1.1 million ounces of gold, using conventional open-pit mining and crush-agglomerate-heap-leach processing with Merrill-Crowe recovery for oxide and mixed mineral resources. After-tax NPV of $402M and IRR of 45% at $3,600/oz gold.
- Bald Peak Project An early-stage gold exploration project in Mineral County, Nevada, located in the Aurora mining district. The property has never been previously drilled despite surface samples returning grades over 8 g/T gold.
- Frost Project An early-stage exploration project located 12 miles southwest of the Grassy Mountain gold mine in Malheur County, Oregon. Initial drill program is ongoing.
- Mill Creek Property An early-stage gold exploration project comprising 36 unpatented lode mining claims totaling approximately 720 acres located in the Shoshone Range, 33 km south of Battle Mountain, Nevada.
Quantifiable outcome
- Grassy Mountain: 93% average gold recovery, 9.3-year mine life, 41,400 oz/year production
- +2 more outcomes
Companies that use Paramount Gold Nevada
Customer profileSegments1 record
Ideal customer profiles1 record
Paramount Gold Nevada technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Paramount Gold Nevada partnerships and signals
Strategic signalScale indicators7 records
Recent moves6 records
Expansion highlights5 records
Paramount Gold Nevada competitors and assessment
Company assessmentBroad incumbents
- Hecla Mining Company: Largest U.S.-based primary silver producer with significant gold production, operating multiple underground mines across Nevada, Idaho, and Alaska. Compares to Paramount as a U.S.-focused precious metals miner, although Hecla is a long-established producer rather than a developer.
- Royal Gold, Inc. Major precious metals royalty and streaming company providing non-dilutive financing to mining operators — directly analogous to Paramount's Sprott streaming counterparty. Relevant as the established peer for the streaming-royalty financing model Paramount is using to advance Grassy Mountain.
Direct peers
- Coeur Mining: U.S.-domiciled precious metals producer that previously owned and operated the original Paramount and its Sleeper Gold Project in Nevada (acquired by Coeur in 2015). Operates Rochester, Kensington, and Palmarejo mines; directly relevant given shared Sleeper asset history and U.S. precious metals focus.
- McEwen Mining Inc. Gold and silver producer and developer with operations including the Gold Bar mine in Nevada. Comparable as a U.S.-focused junior-to-mid-tier gold company advancing both development and production assets.
- Vista Gold Corp. Advanced-stage gold development company focused on the Mt. Todd project in Australia. Comparable as a single-asset, pre-production gold developer with feasibility-stage economics awaiting construction financing.
- Calibre Mining Corp. Gold producer/developer operating the Limon, Libertad, and Pavon mines in Nicaragua plus the Pan and Jabali mines in Nevada. Relevant as a mid-cap gold developer with Nevada operating experience and a similar producer-pipeline model.
- Argonaut Gold Inc. Gold producer operating the Florida Canyon mine in Nevada and assets in Mexico. Comparable as a junior-to-mid-tier gold company with production and development assets in Nevada, a premier U.S. jurisdiction for gold mining.
- Hycroft Mining Holding Corporation: Gold and silver developer in northern Nevada operating the Hycroft mine. Directly comparable as a Nevada-based precious metals developer pursuing large-scale heap-leach operations with a similar pre-production commercial profile.
- U.S. Gold Corp. U.S.-focused gold exploration and development company with assets in Nevada and Wyoming (including the CK Gold Project). Closely comparable as a junior U.S. gold developer at the pre-construction stage advancing permitting in similar jurisdictions.
- Orla Mining Ltd. Gold producer/developer with the Camino Rojo mine in Mexico and South Railroad project in Nevada. Comparable to Paramount as a developer advancing a U.S. gold asset toward production with similar pre-construction project economics.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights7 records
Customer concentration
Paramount Gold Nevada social profiles
Digital presenceParamount Gold Nevada financial estimates
Financial estimateRevenue estimate
Valuation estimate
Paramount Gold Nevada leadership team
Management profileNumber of profiles
Profiles9 records
Paramount Gold Nevada funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Paramount Gold Nevada M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Paramount Gold Nevada
What does Paramount Gold Nevada do?
Paramount Gold Nevada is a U.S.-focused gold exploration and development company advancing a portfolio of high-quality gold assets across approximately 50,000 acres in Nevada and Oregon. The company's primary projects are Grassy Mountain (an advanced-stage underground gold development project in Oregon with federal permits secured) and Sleeper (a past-producing, early-stage development project in northern Nevada with a multi-million-ounce resource base). The company also holds early-stage exploration projects including Bald Peak, Frost, and Mill Creek.
Is Paramount Gold Nevada a public or private company?
Paramount Gold Nevada is a public company. It is classified as public and is currently operating.
When was Paramount Gold Nevada founded?
Paramount Gold Nevada was founded in 2015. It employs 1 to 10 people.
Where is Paramount Gold Nevada based?
Paramount Gold Nevada is headquartered in Winnemucca, United States, in the North America region.
Who are Paramount Gold Nevada's main competitors?
Broad incumbents on record are Hecla Mining Company and Royal Gold, Inc.. Direct peers are Coeur Mining, McEwen Mining Inc., Vista Gold Corp., Calibre Mining Corp., Argonaut Gold Inc., Hycroft Mining Holding Corporation, U.S. Gold Corp. and Orla Mining Ltd..
Does Paramount Gold Nevada have an API?
No public API is recorded for Paramount Gold Nevada.
What industry is Paramount Gold Nevada in?
Paramount Gold Nevada's product category is Gold Mining. Its primary akta.pro industry code is IMAKAEAI, Precious Metals Exploration & Project Development, with a secondary code of IMAKAEAA, Gold Mining. Its NAICS code is 212220 and its SIC code is 1040.