Profile: Paramount Gold Nevada Corp (PZG.A)
23 Mar 2017
Paramount Gold Nevada Corp., incorporated on June 15, 1992, is an exploration-stage mining company. The Company is engaged in the business of acquiring, exploring and developing precious metal projects in the United States. The Company owns exploration projects in the states of Nevada and Oregon. The Company's principal Nevada interest, the Sleeper Gold Project, is located in Humboldt County, Nevada. The Company's project located in Oregon, known as the Grassy Mountain Project, is situated in Malheur County, Oregon. As of June 30, 2016, the Company owned additional mining claims in the State of Nevada, including the Mill Creek property, which had 36 unpatented lode mining claims in Lander County, and the Spring Valley property, which had 38 lode mining claims in Pershing County. The Company's subsidiaries, New Sleeper Gold LLC and Sleeper Mining Company, LLC, operate its mining interests in Nevada. Its subsidiaries, Calico Resources Corp. and Calico Resources USA Corp., hold its interest in the Grassy Mountain Project in Oregon. As of June 30, 2016, the Company had not generated any revenues from operations.
Sleeper Gold Project
The Company's Sleeper Gold Project is a material exploration property. The Company has the rights to explore, develop and mine the property through its ownership of unpatented lode mining claims. Its Sleeper Gold Project is located approximately 30 miles northwest of Winnemucca, Nevada. As of June 30, 2016, the Company's Sleeper Gold Project had 2,322 unpatented mining claims covering approximately 76 square miles. The Sleeper Gold Project properties include Sleeper Gold Mine, Dunes and Mimi.
Grassy Mountain Gold Project
The Grassy Mountain Project is located in Malheur County, Oregon, approximately 20 miles south of Vale, Oregon, and over 70 miles west of Boise, Idaho. The project site is located in the rolling hills of the high desert region of the far western Snake River Plain. As of June 30, 2016, the Company's Grassy Mountain Project had 418 unpatented lode claims, three patented lode claims, nine mill site claims, six association placer claims, and various leased fee land surface and surface/mineral rights, all totaling roughly 9,300 acres.
Paramount Gold Nevada Corp
665 Anderson St
WINNEMUCCA NV 89445-3657