Welcome to our dedicated page for Paramount Gold news (Ticker: PZG), a resource for investors and traders seeking the latest updates and insights on Paramount Gold stock.
Paramount Gold Nevada Corp. (PZG) provides investors and industry observers with a dedicated hub for tracking developments across its precious metals exploration projects. This resource consolidates official press releases, operational updates, and strategic announcements related to the company's gold-silver asset portfolio.
Key updates include progress on flagship projects like Grassy Mountain in Oregon and Sleeper in Nevada, financial reporting milestones, partnership agreements, and permitting advancements. Users gain access to primary-source information on resource estimates, engineering studies, and corporate strategy directly from the company.
The curated news flow enables stakeholders to monitor PZG's execution of its core strategy: systematically advancing mineral assets through exploration, environmental compliance, and value realization via joint ventures or strategic sales. Regular updates provide transparency into operational timelines and technical developments critical for informed analysis.
Bookmark this page for direct access to Paramount Gold's latest verified announcements. Check back frequently to stay informed about permitting decisions, drilling results, and corporate developments that shape the company's position in the precious metals sector.
Paramount Gold Nevada Corp. (NYSE American: PZG) has received approval for the Environmental Evaluation (EE) outline related to its proposed Grassy Mountain Gold Mine from all Oregon State agencies involved in the permitting process. This approval is crucial for the preparation of necessary permits, signaling regulatory commitment to advancing the project. The EE was conducted by Stantec, and the company expects the state to issue permits within 225 days once the Consolidated Permit Application is complete. Paramount holds a 100% interest in four gold projects, with the Grassy Mountain project featuring a positive feasibility study.
Paramount Gold Nevada Corp. (NYSE American: PZG) has signed a non-binding term sheet with Sprott Resource and Streaming Royalty Corp. for a Royalty Convertible Note (RCN) that could yield between $10 million and $15 million. The funds will be utilized for permitting the Grassy Mountain Gold Mine, corporate purposes, and repaying existing convertible notes due in September. The RCN carries a 10% annual interest, payable in cash or shares, converting into a royalty on gold and silver production. CEO Rachel Goldman expressed optimism about progressing to permitting and construction amid challenging market conditions.
Paramount Gold Nevada Corp. (NYSE American: PZG) announced that the Oregon Department of Geology and Mineral Industries has accepted its Cultural Resources Baseline Data Report as complete. This acceptance is a vital milestone for the Grassy Mountain Project, paving the way for the permit drafting phase. CEO Rachel Goldman emphasized the importance of this achievement, stating it prepares the project for the next regulatory steps. Concurrently, the Federal Plan of Operations has also been approved, initiating the NEPA process. Paramount holds a 100% interest in several gold projects, including Grassy Mountain, which has a positive Feasibility Study and key permitting accomplished.
