Project UpdateJun 17, 2026, 06:31 AM
Paramount Gold Sleeper Project Initial Assessment Shows $402M NPV, 45% IRR
AI Summary
Paramount Gold Nevada Corp. announced strong results from an Initial Assessment for its 100%-owned Sleeper Gold Project, a past-producing mine. The assessment projects an after-tax net present value (NPV) of $402 million and an internal rate of return (IRR) of 45% in the base case, with a short payback period of 1.4 years. The project is expected to produce 1.1 million ounces of gold over a 17-year mine life, with significant increases in both Measured & Indicated and Inferred Mineral Resources.
Key Highlights
- Sleeper Gold Project's Initial Assessment shows after-tax NPV of $402M (8% discount rate) in Base Case.
- After-tax Internal Rate of Return (IRR) is 45% in the Base Case.
- Projected payback period is approximately 1.4 years.
- Total payable gold production is estimated at 1.1 million ounces over a 17-year mine life.
- Initial capital requirements are estimated at $201 million.
- Measured and Indicated Mineral Resources increased 5% to 1.99 million ounces of gold.
- Inferred Mineral Resources increased 90% to 2.30 million ounces of gold.
Price Impact
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