Paramount Gold Nevada Corp. (NYSE American: PZG) is a gold and silver exploration and development company that holds two primary mineral projects in the western United States. The company generates no operating revenue, as it remains in the pre-production stage, advancing its Grassy Mountain gold project in Oregon and its Sleeper Gold Project in Nevada toward permitting and eventual production. Paramount was incorporated in Nevada on June 15, 1992 under the name X-Cal (USA), Inc. and completed its reorganization into the current entity on April 17, 2015. The Grassy Mountain project has a disclosed post-tax NPV (5%) of $114.1 million, post-tax IRR of 22.54%, and projected all-in sustaining cash costs net of by-products of $815.09 per ounce of gold (per the Technical Report Summary filed October 6, 2022). The Sleeper Gold Project carries measured and indicated mineral resources of 1,897,000 ounces of gold across 179,938,000 tons at 0.011 oz/ton (per the Technical Report Summary filed September 12, 2024). Capital structure relies on equity financing rather than production cash flow.
Two mineral development assets: the Grassy Mountain gold and silver project in Oregon, with measured and indicated mineral resources of 755,000 ounces of gold (34,055,000 tons at 0.022 oz/ton) and projected initial capital of $136.2 million; and the Sleeper Gold Project in Nevada, with measured and indicated mineral resources of 1,897,000 ounces of gold (179,938,000 tons at 0.011 oz/ton) and an estimated pre-feasibility study budget of $2.5 million (per 10-K filed 2025-09-25).
No production revenue as of the fiscal year ended June 30, 2025. The company is pre-revenue, funding operations through equity issuances and capital markets activity while advancing projects through permitting, feasibility, and resource delineation stages.
No customers as of the fiscal year ended June 30, 2025. End market upon production would be gold and silver commodity markets, with pricing driven by international spot prices for precious metals.
United States. Grassy Mountain project located in Oregon; Sleeper Gold Project located in Nevada. Company incorporated in Nevada and listed on NYSE American.
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