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Paramount Gold Nevada Corp. explores and develops precious metal projects in the United States, with company updates centered on the Grassy Mountain Gold Project in Malheur County, Oregon, and the Sleeper Gold Project in northern Nevada. News commonly covers gold and silver project permitting, environmental review, technical studies, development evaluations, and local or federal regulatory milestones.
Paramount Gold Nevada updates also include annual meeting results, stockholder voting matters, project-level feasibility and assessment work, and corporate disclosures tied to its NYSE American-listed common stock. The company has described potential paths for its mineral properties that include asset sales, joint ventures with producers, or construction and operation for its own account.
Paramount Gold Nevada (PZG) received U.S. Bureau of Land Management approval of its Plan of Operations for the Grassy Mountain gold project in Oregon after completion of the required National Environmental Policy Act review.
The BLM also agreed that the February 2026 reclamation cost estimate in the Grassy Mountain Reclamation Plan is adequate for anticipated reclamation obligations under the current mine plan. Under a Memorandum of Understanding, the BLM and Oregon’s Department of Geology and Mineral Industries will jointly hold the project’s financial guarantee, which the company says will streamline and reduce duplicative bonding efforts. Posting this financial guarantee, planned before construction, will trigger an official Decision letter and the final Notice to Proceed. Paramount states its federal permitting work is now functionally complete and expects final state permits to be issued this year following draft permits released in December 2025 and a public review completed in February 2026.
Skyline Builders Group Holding (Nasdaq: KAZR) announced the acquisition of two precious metals mineral properties in Nevada ahead of its pending business combination with Cove Kaz Resources, expected to close by year-end 2026 or early 2027.
The company acquired the early-stage Mill Creek Project from Paramount Gold (NYSE: PZG), consisting of 36 lode mining claims totaling about 720 acres in the Shoshone Range, and the past-producing Irwin Project, comprising 12 claims in the Troy Mining District with historic assays up to 7.5 g/t gold and 96 g/t silver. Both projects are in early exploration; Skyline plans mapping, geochemical sampling, geophysics and remote sensing to define potential drill targets.
According to Skyline, the Nevada purchases diversify its portfolio into gold and silver within what the Fraser Institute’s 2025 survey ranks as the world’s most attractive mining jurisdiction. Cove Kaz was not involved in these acquisitions and assumes no liability for the Nevada projects.
Paramount Gold (NYSE American:PZG) reported an Initial Assessment for its 100%-owned Sleeper Gold Project in Nevada, evaluating a restart using heap-leach processing at 30,000 tpd.
The Base Case at $3,600/oz gold shows after-tax NPV (8%) of $402M, 45% IRR, 1.4-year payback and 17-year mine life with 1.1Moz payable gold and 3.38Moz silver. Upside pricing at $4,700/oz gold lifts NPV (8%) to $867M and IRR to 66%. Initial capital is $201M, with AISC of $2,407/oz in the Base Case and $2,346/oz in the Upside Case. Measured & Indicated resources total 1.99Moz gold and Inferred 2.30Moz, up ~5% and ~90% versus 2023. An $8.7M advancement program is recommended to improve confidence, advance permitting and complete a pre-feasibility study.
Paramount Gold (NYSE American:PZG) released an updated Feasibility Study for its 100%-owned Grassy Mountain gold project in Oregon, reflecting higher metal prices, revised costs and a new mine plan.
At $3,600/oz gold, after-tax NPV (5%) is $374.7M, IRR 38.9%, payback 2.2 years, with 9.3-year mine life and 385,800 recoverable gold ounces. At $4,618/oz gold, NPV (5%) rises to $608.6M and IRR to 55.4%, with payback of 1.4 years. Proven and Probable reserves total 405,000 oz gold and 625,000 oz silver, and Measured & Indicated gold resources (inclusive of reserves) are 1.36M oz. Grassy Mountain has a positive federal Record of Decision and final EIS, with state permits expected in 2H 2026.
Paramount (NYSE American: PZG) has commenced an Initial Assessment (IA) under SEC S-K 1300 for its 100%‑owned Sleeper Gold Project in Humboldt County, Nevada. The IA will evaluate a heap‑leach‑only, staged development approach targeting approximately 54 million tons of material of economic interest.
Paramount engaged SLR as the qualified person to prepare the study, plans infill‑drilling permitting within the existing Plan of Operations, and expects IA completion in late Q2 2026.
Paramount Gold Nevada (NYSE American: PZG) announced the Bureau of Land Management has signed the Record of Decision (ROD) for the Grassy Mountain Gold Project in Malheur County, Oregon on Jan 29, 2026. The ROD completes the NEPA federal review and follows inclusion on the FAST-41 permitting dashboard, making Grassy Mountain shovel-ready and available via BLM e-planning and FAST-41 portals.
The company said the FEIS incorporated public comments and that approval supports responsible development, community engagement, and potential local economic and job benefits.
Paramount Gold (NYSE American: PZG) said the U.S. Bureau of Land Management will issue the final EIS and ROD in January 2026 for the Grassy Mountain gold project, with project timelines posted at the project website. The company engaged Ausenco to update the feasibility study, on track for completion in H1 2026 and expected to reflect improved economics in a higher metal price environment.
Key 2025 milestones: formal acceptance into the federal FAST-41 program (May), issuance of the DEIS in August 2025, DOGAMI draft consolidated permit released Dec 8, 2025 with a state public hearing on Jan 29, 2026 and comments through Feb 6, 2026. Local permits received two-year extensions from Malheur County.
Paramount Gold (NYSE American: PZG) reported the results of its Annual General Meeting held December 11, 2025. Of 78,338,726 shares outstanding as of October 16, 2025, 46,146,357 shares (58.91%) voted.
Seven directors were re-elected for one-year terms: Rudi Fronk, Rachel Goldman, John Carden, Christopher Reynolds, Eliseo Gonzalez-Urien, Pierre Pelletier and Samantha Espley (individual vote percentages ranged from 93.56% to 98.97% for).
There were 17,500,707 broker non-votes. Stockholders ratified Baker Tilly as auditor (96.57% for), approved executive compensation on an advisory basis (95.82% for), approved a 3-year say-on-pay frequency plurality (56.45% for 3 years), and approved an amendment to increase the 2016 equity plan by 2 million shares (70.68% for).
Paramount Gold Nevada (NYSE American: PZG) announced that the Oregon Department of Geology and Mineral Industries published a draft consolidated permit package for the Grassy Mountain Gold Project, the first mining project to advance through Oregon’s consolidated permitting framework.
DOGAMI scheduled a public hearing on January 29, 2026 in Vale, Oregon, with public comments accepted through February 6, 2026. DOGAMI will review comments and make revisions before issuing a final consolidated permit package that would define construction, operation, closure and monitoring requirements.
The Project is described as a small-footprint underground gold operation intended to create local jobs and contribute to regional and state revenues.
Paramount Gold Nevada (NYSE American: PZG) has announced its upcoming Annual General Meeting (AGM), scheduled for December 11, 2025 at 11:00 AM EST. The virtual meeting's proxy materials will be available from October 30th at www.edocumentview.com/PZG and the company's website. The stockholder record date is set for October 16, 2025.
Additionally, the company has filed its annual Form 10-K for the fiscal year ended June 30, 2025. Notably, the independent auditor's report included a going concern qualification, as required to be disclosed under NYSE American Company Guide Section 610(b).