Paramount Gold Nevada Corp.
Paramount Gold Nevada's 100%-owned Grassy Mountain underground gold project in Malheur County, Oregon has an updated 2026 feasibility study outlining 385,800 recoverable ounces of gold over a 9.3-year mine life, alongside the past-producing Sleeper open-pit gold project in Nevada.
Notable vs. Peers
- Trading within 3% of its 52-week low — weak recent price momentum.
Lifecycle Milestones
Not in place: mill, tailings facility, grid power.
Combined view across 2 projects. Figures below are only combined where the underlying basis genuinely matches -- see the notes under each.
- 38.9%Grassy Mountain Gold Project, Oregon
- 44.5%Sleeper Gold Project, Humboldt County, Nevada, USA
- 9.3 yrsGrassy Mountain Gold Project, Oregon
- 17 yrsSleeper Gold Project, Humboldt County, Nevada, USA
Shown as separate totals, not summed together: these projects' studies used different discount rates, so a single combined NPV would not be a real number.
Jurisdiction (40%)9/10
Oregon (primary project) and Nevada, United States — top-tier, low political-risk mining jurisdiction.
Infrastructure (40%)2.9/10
No confirmed mill, confirmed road access, no confirmed grid power, and no confirmed tailings facility at Grassy Mountain Gold Project, Oregon.
Nearby producing mine (20%)Not yet researched
No producing mine within 50 km in our reference list (nearest listed: Turquoise Ridge / Twin Creeks (Nevada Gold Mines), 266 km). That list doesn't cover every mining district yet, so a longer distance isn't scored as remote.
Acquisition Susceptibility
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.
How this score is built
- Disclosed pending dealSub-score: Not scored
No pending acquisition or merger disclosed (checked)
Not scored: having no deal in flight isn't held against a company.
Weight 26.25% - Producer's strategic stakeSub-score: Not scored
No producer holds a disclosed stake on file (holder register researched) See holders
Not scored: most juniors that do get bought had no prior toehold, so a missing stake says little either way.
Weight 25% - Distance to a producing mineSub-score:0/10
Nearest producing mine: Turquoise Ridge / Twin Creeks (Nevada Gold Mines), 266 km
10 next to a producing mine, 8 at 20 km, 5 at 50 km, 0 beyond 200 km.
Weight 22.5% · 46% here - Lifecycle stageSub-score:10/10
Stage: Feasibility Study
Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.
Weight 15% · 31% here - JurisdictionSub-score:9/10
United States: jurisdiction score 9/10
Our jurisdiction score, used as is: higher means lower political and permitting risk.
Weight 6.75% · 14% here - CommoditySub-score:10/10
Primary commodity: Gold
Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.
Weight 4.5% · 9% here
Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.
Your Rankings
Management Team
Chief Executive Officer of Paramount Gold Nevada Corp. CDI.D; capital markets professional with 20+ years of experience, previously Managing Director, Institutional Equity Sales at Desjardins Securities. B.Comm Finance, Concordia.
Chief Financial Officer of Paramount Gold Nevada Corp. CPA, CMA; 30+ years of financial management, corporate development and M&A experience; previously CFO of Paramount Gold and Silver Corp until its 2015 acquisition by Coeur Mining. B.Comm, University of Ottawa.
Manager, Corporate Communications and Corporate Secretary of Paramount Gold Nevada Corp. Corporate communications/IR/governance experience since 2015; previously ran IR at Paramount Gold and Silver Corp through its acquisition. B.Comm Finance, Carleton.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
FCMI Parent Co., a private family investment holding company, is a reporting 10%-plus shareholder of Paramount and was still adding as recently as June 2025. Seabridge Gold also remains a Schedule 13D filer on the stock with sole voting and dispositive power over its holding, though its current percentage could not be confirmed. Management and directors hold a reported 27.3% between them. Institutional ownership is 16.7% and no dedicated precious-metals fund could be identified on the register.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
Paramount Gold Nevada owns 100% of the Grassy Mountain underground gold project in Malheur County, Oregon, and the past-producing Sleeper gold project in Humboldt County, Nevada. Company-wide measured and indicated resources contain 3,345,000 oz of gold, plus 2,376,000 oz inferred, in its FY2026 10-K: Grassy Mountain 1,357,000 oz and Sleeper 1,988,000 oz. The May 2026 updated feasibility study for Grassy Mountain shows an after-tax NPV5% of US$374.7M and a 38.9% IRR at US$3,600/oz gold, with 385,800 recoverable ounces of gold over a 9.3-year mine life, and in September 2026 the Bureau of Land Management approved the plan of operations, leaving the posting of the financial guarantee as the step before a final notice to proceed. The June 2026 initial assessment for a heap-leach restart at Sleeper, which includes inferred resources, shows an after-tax NPV8% of US$402.4M and a 44.5% IRR at US$3,600/oz gold and US$48/oz silver over a 17-year mine life.
Paramount Gold Nevada's updated Feasibility Study for the 100%-owned Grassy Mountain underground gold project, Malheur County, Oregon (announced 28 May 2026, updates a 2022 FS): Proven+Probable Reserve of 405,000 oz gold (up 7%), Measured+Indicated Resource (inclusive of reserves) of 1.36 Moz. Base case at US$3,600/oz gold: after-tax NPV5% of $374.7M, after-tax IRR of 38.9%, 2.2-year payback, US$189.8M initial capex, US$65.1M sustaining capex, 9.3-year mine life (up from 7.8 years) averaging 41,400 oz Au + 51,500 oz Ag per year, AISC US$1,442/oz (net of silver credits). Upside case at US$4,618/oz: NPV $608.6M, IRR 55.4%. Project holds a positive federal Record of Decision; state permitting approval expected H2 2026.