January 29, 2026

Paramount Gold Receives Federal Approval For The Grassy Mountain Gold Project

Winnemucca, Nevada – January 29, 2026 – Paramount Gold Nevada Corp. (NYSE American: PZG) (“Paramount” or the “Company”) announced today that the Record of Decision (“ROD”) for its Grassy Mountain Gold Project (“Grassy Mountain”), located in Malheur County, Oregon has been signed.