Latest Paramount Nevada News

PARAMOUNT GOLD NEVADA RECEIVES FURTHER APPROVALS FROM OREGON STATE REGULATORS FOR BASELINE DATA REPORTS ON GRASSY MOUNTAIN PROJECT

Winnemucca, Nevada – March 27, 2018 - Paramount Gold Nevada Corp. (NYSE American: PZG) ("Paramount”) reported today that two more baseline environmental reports have been approved and accepted by the Oregon Department of Geology and Mineral Industries (“DOGAMI”) and the Department of Environmental Quality (“DEQ”).

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PARAMOUNT GOLD NEVADA RECEIVES APPROVALS FROM OREGON STATE REGULATORS FOR ITS FIRST TWO BASELINE DATA REPORTS

Winnemucca, Nevada – March 13, 2018 - Paramount Gold Nevada Corp. (NYSE American: PZG) ("Paramount”) reported today that the Oregon Department of Geology and Mineral Industries (“DOGAMI”) and the Department of Environmental Quality (“DEQ”) have approved and accepted the first two baseline environmental reports required for the permitting of Paramount’s proposed Grassy Mountain gold mine in Oregon.

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PARAMOUNT GOLD NEVADA BUYS DOWN EXISTING ROYALTY AND ACQUIRES PRIVATE LAND AT GRASSY MOUNTAIN

Winnemucca, Nevada – February 20, 2018 - Paramount Gold Nevada Corp. (NYSE American: PZG) ("Paramount”) announced today that the Company has exercised its option to reduce the existing Net Smelter Royalty (“NSR”) from 6% down to 1.5% and to acquire all rights to the private land at Grassy Mountain where the estimated 1.7 million ounce measured and indicated gold resource lies.

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DISCLAIMER

The opinions expressed in this blog are for informative purposes only. To the best of our knowledge, the information presented in the blog are accurate, however, we do not guarantee the accuracy of information. The views conveyed do not constitute investment advice and readers should seek professional advice when making financial decisions. Readers should not rely on the information, and those who do, do so at their own risk. Paramount Gold Nevada Corp. is not licensed as an investment advisor.

LOOKING FOR A TURN IN GOLD

For nearly four months now, gold has been pressured lower by a rising dollar; the inverse correlation has been almost exact. Gold has dropped 5.2% from its January 25, 2018 close of $1362 to its May 16 close of $1291.50. Meanwhile, the US dollar index has risen 5.4% from this year’s low close of 88.50 on February 15, 2018 to […]

LOOKING BULLISH FOR GOLD

It now appears that the gold complex has successfully tested support. Gold held above $1305, the low for the year set on March 5th and above the psychologically important level of $1300. The GDX, the gold miners stock ETF, held above the December 2017 low of $21.25. No new lows support the potential for an upturn. Gold closed up $33 […]