Paramount Gold Nevada Corp.

Paramount Gold Nevada Corp. announced positive results from an Initial Assessment for its 100%-owned Sleeper Gold Project. The assessment, prepared in accordance with S-K 1300, projects an after-tax NPV (8%) of $402 million and an IRR of 45% in the base case, with a short payback period of 1.4 years. Under an upside case with higher commodity prices, the NPV increases to $867 million with an IRR of 66%. The project is expected to produce 65,000 ounces of gold annually over a 17-year mine life, and mineral resources have significantly increased.

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.

Paramount Gold Nevada announced an updated Feasibility Study for its Grassy Mountain Gold Project, showing significantly improved economics. At a base case gold price of $3,600/oz, the project has an after-tax NPV of $374.7 million and an IRR of 38.9%. Total recoverable gold ounces increased by 7% to 385,800, extending the mine life to 9.3 years. The project also achieved a significant permitting milestone with a positive Record of Decision from the Federal Bureau of Land Management.

Paramount Gold Nevada Corp. reported a significant increase in net loss for the three and nine months ended March 31, 2026, alongside a going concern warning. The company's net loss for the quarter more than doubled year-over-year, and its nine-month loss also substantially increased. While cash and total assets grew, total liabilities also saw a considerable rise, driven by new warrant and derivative liabilities. The company continues to rely on equity and debt financings to fund its operations.