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. (PZG) held its annual meeting on December 13, 2022, with 48.85% of shares voting. Seven directors were elected for a one-year term, including Rudi Fronk and Glen Van Treek. Notably, the stockholders ratified Moss Adams LLP as independent auditors for 2023, receiving over 99% approval. Paramount holds a 100% interest in four gold projects, including the Grassy Mountain project, which has completed a positive feasibility study. The company aims to enhance shareholder value through exploration and asset development.
Paramount Gold Nevada Corp. (NYSE American: PZG) has received a drilling permit from the US Forest Service for its Bald Peak Project in Mineral County, Nevada. The project features a 4-mile-long area with rich gold mineralization, evidenced by surface samples averaging 2.62 g/T gold, with maximum values reaching 10.58 g/T. The upcoming drill program aims to confirm these results at depth, targeting regions with the highest gold occurrences. Paramount's geophysical surveys indicate promising anomalies, enhancing the potential for discovering a new open-pit gold deposit.
Paramount Gold Nevada Corp. (PZG) announced that the Federal Bureau of Land Management has accepted its Plan of Operations for the Grassy Mountain gold mine in Oregon, marking a significant permitting milestone. With this acceptance, the Environmental Impact Statement process will commence, analyzing the mine's potential environmental impacts. The company is advancing through all requisite permitting levels, having secured county-level permits and progressing through state-level permitting. This move brings Paramount closer to a construction decision for the high-grade underground mine.
Paramount Gold Nevada Corp. (PZG) announced its Annual General Meeting for stockholders on December 13, 2022, at 11:00 AM EST, which will be held virtually. The company filed its annual financial statements for the fiscal year ending June 30, 2022, with the SEC, which included a going concern qualification by its independent auditors. Investors can access proxy materials online. Paramount holds a 100% interest in four gold projects, including the Grassy Mountain Gold Project, which has shown positive feasibility study results and achieved key permitting milestones.
Paramount Gold Nevada Corp. (PZG) has submitted an updated Plan of Operations to the Federal Bureau of Land Management for the Grassy Mountain Gold Mine in Oregon. This Plan addresses BLM feedback from earlier submissions and outlines the operational and environmental considerations necessary for the project. The BLM is expected to review this Plan within 30 days, followed by the Environmental Impact Statement process, which will last approximately 12 months. CEO Rachel Goldman emphasizes the project's potential for profitability and community value amidst high-cost inflation.
Paramount Gold Nevada Corp. (NYSE American: PZG) has published its S-K 1300 Technical Report Summary on the Feasibility Study for its Grassy Mountain gold project in Oregon. The report reveals proven and probable reserves of 380,000 ounces of gold and 554,000 ounces of silver. The project shows strong economics with an after-tax NPV5% of $114 million and an IRR of 22.45%. The initial mine life is projected at 8 years, with average annual production of 47,000 ounces of gold. The project is advancing through the permitting process, further validating its economic viability amidst inflationary pressures.
Paramount Gold Nevada Corp. (NYSE American: PZG) appointed Samantha Espley, P.Eng., to its Board of Directors as an independent director. With over 30 years of experience in mining engineering, Ms. Espley has held senior roles, including corporate director at Vale and a senior executive advisor at Stantec. Her expertise is particularly relevant as the company seeks permitting approval for the Grassy Mountain gold mine. Paramount aims to enhance shareholder value through exploration and development of its mineral projects, including Grassy Mountain, Frost, Sleeper, and Bald Peak.
Paramount Gold Nevada Corp. (NYSE American: PZG) announced the approval of two Baseline Data Reports (BDRs) crucial to the permitting process of its Grassy Mountain underground gold mine. This approval marks a significant step as state agencies will now review the Consolidated Permit Application (CPA). Completion of this review is essential for initiating the Environmental Assessment, which will include all pre-approved BDRs. The recent public meetings revealed strong community support, with no objections raised, further facilitating the permitting process.
Paramount Gold Nevada Corp. announced a significant advancement in the permitting process for its Grassy Mountain gold mine as the Oregon State Technical Review Team's water resource committee accepted the ground water Baseline Data Report. This report was deemed accurate and complete, leading to a recommendation for approval by the full TRT. CEO Rachel Goldman emphasized its importance for a positive review of the Consolidated Permit Application. To date, 22 Baseline Data Reports have been accepted, with hopes for the remaining Geochemistry report to follow soon.
Paramount Gold Nevada Corp. (PZG) announced positive assay results from its Sleeper Gold Project, with drill samples showing gold grades up to 1.17 g/t and as high as 4.0 g/t in the West Wood zone. This exploration aims to expand the historical resource, as the company seeks to restart production driven by rising gold prices. The project could see improved resource grade and economics, with a new Preliminary Economic Assessment expected in Q3 2022.
