Paramount Gold Nevada
Mining & Metals, 665 Anderson St, Winnemucca, Nevada, 89445, United States, 1-10 Employees
Who is PARAMOUNT GOLD NEVADA
Paramount Gold Nevada is U.S domiciled and U.S listed company in the business of acquiring, exploring, and developing precious metals projects in the U.S. The companys philosophy is to pr...
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- Headquarters: 665 Anderson St, Winnemucca, Nevada, 89445, United States
- Date Founded: 2015
- Employees: 1-10
- Revenue: $1 Million to $5 Million
- Active Tech Stack: See technologies
Industry: Mining & Metals
SIC Code: 1041 | NAICS Code: 212399 | Show More
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Frequently Asked Questions Regarding Paramount Gold Nevada
Answer: Paramount Gold Nevada's headquarters are located at 665 Anderson St, Winnemucca, Nevada, 89445, United States
Answer: Paramount Gold Nevada's official website is https://paramountnevada.com
Answer: Paramount Gold Nevada's revenue is $1 Million to $5 Million
Answer: Paramount Gold Nevada's SIC: 1041
Answer: Paramount Gold Nevada's NAICS: 212399
Answer: Paramount Gold Nevada has 1-10 employees
Answer: Paramount Gold Nevada is in Mining & Metals
Answer: Paramount Gold Nevada contact info: Phone number: Website: https://paramountnevada.com
Answer: Paramount Gold Nevada is U.S domiciled and U.S listed company in the business of acquiring, exploring, and developing precious metals projects in the U.S. The companys philosophy is to provide our shareholders with industry-leading exposure to high quality U.S. gold assets while reducing many of the risks inherent to junior mining companies. We generally do not engage in grassroots exploration which can be very costly and is often unsuccessful, choosing instead to focus on known, mid to advanced stage deposits that we believe can be expanded by targeted, cost-effective exploration or other low-risk development. Similarly, Paramount will not take on projects with significant technical risks. Keeping our overhead costs low and maintaining a measured value-creation focus to our development spending while also keeping a low share count ensures that we will deliver meaningful growth in attributable ounces and future cash flow. Currently, Paramount owns two advanced stage assets with gold resources in excess of 3 million ounces. The Grassy Mountain project in eastern Oregon has an updated (October 2022) Feasibility Study outlining a profitable small-footprint, high-grade underground mine which is progressing through state and federal permitting. In Nevada, Paramount owns 40k acres in the Western flank of the Slumbering Hills district including and surrounding the past producing Sleeper Mine. The Company is engaged in a multi-faceted development program to optimize the project. Current work to update the historic resource at Sleeper will be followed up with an Initial Economic Assessment anticipated in 2023.
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