Paramount Gold Nevada

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.

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

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

• Gold mining
• Mineral exploration
• Precious metals development
• Heap leach processing
• Underground gold mining

Headquarters

HQ city

Winnemucca

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales, Others

Marketing channels5 records

Core 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

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Broad 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

• Xx.com/ParamountNV
• Facebookfacebook.com/paramount-gold-nevada-corp-1870318913197245
• LinkedInlinkedin.com/company/818585

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds2 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Paramount Gold Nevada