Company Highlights

Paramount Gold Nevada (PZG) is a U.S domiciled and U.S listed company in the business of acquiring, exploring, and developing precious metals projects in the western U.S. Currently, Paramount owns two advanced stage assets in eastern Oregon and Nevada with total gold resources of more than 4 million ounces and additional exploration upside.

In November 2023 Paramount's proposed high-grade Grassy Mountain mine received the Notice to Proceed from Oregon State permitting regulators, becoming the first mining project in the State to advance to permit drafting.

Projects

Grassy Mountain, Oregon

On track to become Oregon's first modern mine

with final permits to build and operate the mine

expected in late Q4, 2024. Grassy will be a

small footprint high-grade U/G mine with an

GRASSY

initial mine life of 8 years and numerous ways

to generate mine-life extension.

MOUNTAIN,

In developing Grassy, Paramount has an

OREGON

opportunity to contribute significant economic

stimulus to Malheur County Oregon.

Feasibility Study Highlights

(October 2022):

  • Total resources of 1 million oz, incl. 380k reserves
  • After-taxIRR of 23% and NPV5% of $114M
  • High average grade of ~6.8 g/T gold
  • AISC of $815 per ounce of gold
  • Average annual gold production of ~50k oz
  • Avg. annual free cash flow of $20 M (post tax)
  • CapEx of $138M
  • Gold price of $1,750

Paramountnevada.com | 1.844.481.2233 | @ParamountNV

Corporate Structure

Stock Symbol

NYSE American:

PZG

Recent Share Price

$0.37

Market Capitalization

$22M

Shares Outstanding

60,310,334

RSUs

855,500

(WA Vesting Period 0.68 years)

Options

1,405,000

(Avg strike price $1.05)

Ownership

66% Retail

15% FCMI Financial

10% Other Institutional

5% Seabridge Gold

2% Mgt & Directors

2% Ausenco

SLEEPER, NEVADA

Sleeper, Nevada

Located in one of the world's premier mining jurisdictions, Paramount controls a district scale land package greater than 40,000 acres including and surrounding the historic, past producing high-grade (7g/t) Sleeper mine.

Current gold resources ~ 3 million (1.9M M&I and 1.2M inferred).

Sleeper has significant exploration potential and a straightforward path to production.

2023 2023

Recent Milestones

1st project in history to

Nov. receive Notice to Proceed by State Regulators

Closing of

Dec. $15M funding with Sprott Streaming

12-Month Catalysts

2024

Our Team

2024

Rudi Fronk

Rachel Goldman

Glen Van Treek

Carlo Buffone

John Carden

Chairman of the

CEO & Director

President, COO

CFO

Director

Board

& Director

2024

Q1

Q2

Q4

Expected initiation of federal NEPA process

Expected completion of Grassy Environmental Evaluation

Expected receipt of draft permits for Grassy

Christos

Christopher

Eliseo Gonzalez-

Pierre Pelletier

Samantha Espley

Theodossiou

Reynolds

Urien

Director

Director

Communications &

Director

Director

Corporate

Secretary

Paramountnevada.com | 1.844.481.2233 | @ParamountNV

2025

Expected issuance of

Q1 final operating permit package for Grassy

February 2024

Attachments

Disclaimer

Paramount Gold Nevada Corp. published this content on 20 February 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 March 2024 10:26:24 UTC.