Latest Paramount Nevada News

PARAMOUNT GOLD NEVADA RECEIVES APPROVAL FROM OREGON STATE REGULATORS FOR FIFTH BASELINE DATA REPORT

Winnemucca, Nevada – July 19, 2018 – Paramount Gold Nevada Corp. (NYSE American: PZG) ("Paramount”) reported today that the Oregon Department of Geology and Mineral Industries (“DOGAMI”) has approved and accepted a fifth baseline environmental report required for the permitting of Paramount’s proposed Grassy Mountain Gold Project in eastern Oregon.

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PARAMOUNT GOLD NEVADA CORP. CLOSES $3 MILLION EQUITY FINANCING

Winnemucca, Nevada – July 16, 2018 - Paramount Gold Nevada Corp. (NYSE American: PZG) ("Paramount” or “the Company”) announced today that it has closed the previously announced (press release – June 25, 2018) non-brokered private placement funding of common stock and warrants (the “Transaction”) with accredited investors. The Company issued 2,400,000 units at $1.25 per unit for aggregate proceeds of $3,000,000. Each unit consists of one share of common stock and one warrant to purchase one-half of a share of common stock. Each warrant has a two-year term and is exercisable at the following exercise prices: in the first year at $1.30 per share and in the second year at $1.50 per share. There were no commissions or underwriting fees paid in connection with the Transaction.

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Paramount Gold Nevada Files technical report on pre-feasibility study for Grassy Mountain project in Eastern Oregon

Winnemucca, Nevada – July 9, 2018 – Paramount Gold Nevada Corp. (NYSE American: PZG) (“Paramount”) announced today that its National Instrument 43-101-compliant Technical Report containing the recently completed Pre-Feasibility Study (“PFS”) for its 100%-owned Grassy Mountain Gold Project in Eastern Oregon has been filed at www.SEDAR.com as required.

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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.

Moving Towards a Reset

Gold is the ultimate safe haven, for two simple reasons. First, its total above ground supply only grows 1.4% per year, no matter what anyone does (and even this rate of increase is starting to fall as production levels have peaked). Second, gold is final settlement for the payment of obligations; it is universally accepted as itself, in physical form, […]

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 […]