Paramount Gold Nevada Corp. (P9G)
XMUN 
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Paramount Gold Nevada Corp. Profile
| Metals & Mining Industry | Materials Sector | Rachel Louise Goldman CEO | XMUN Exchange | US69924M1099 ISIN |
| US Country | 4 Employees | - Last Dividend | - Last Split | 5 Nov 1999 IPO Date |
Overview
Paramount Gold Nevada Corp., established in 1992 and based in Winnemucca, Nevada, operates as a precious metal exploration and development entity primarily within the United States. The core of its business revolves around the acquisition, exploration, and development of gold and silver properties. Through a combination of subsidiary operations and strategic projects, Paramount Gold Nevada Corp. is focused on identifying and capitalizing on valuable metal deposits, primarily targeting regions known for their rich geological potential in Nevada and Oregon.
Products and Services
- Sleeper Gold Project:
- Grassy Mountain Gold Project:
- Frost Project:
- Bald Peak Project:
Located in Humbolt County, Nevada, the Sleeper Gold Project is Paramount's significant venture, encompassing 2,474 unpatented mining claims over approximately 44,917 acres. This project stands as a testament to the company's commitment to exploring and potentially developing vast gold resources in the United States. The size of the project underscores Paramount's strategic positioning in Nevada, a state synonymous with lucrative gold mining operations.
Positioned in Malheur County, Oregon, the Grassy Mountain Gold Project includes 455 unpatented lode claims, 3 patented lode claims, and 9 mill site claims, collectively covering an area of around 8,280 acres. Paramount holds a 100% interest in this project, focusing on advancing the site towards development. Its large claim area and strategic location indicate the project's potential to become a significant gold production site.
Under an acquisition agreement for 100% interest, the Frost Project in Oregon comprises 40 mining claims. This project underscores Paramount's expansion strategy and its dedication to securing and exploring promising gold and silver prospects. Specific details about its development stage and exploration results are part of the company's strategic assessment and operational updates.
Located in Mineral County, Nevada, the Bald Peak Project further illustrates Paramount’s strategic interest in Nevada’s gold potential. With the project based in a region known for its precious metal deposits, this venture reflects the company's continuous efforts in strengthening its portfolio through exploration in geologically favorable areas.
