PZG - NetworkNewsBreaks - Paramount Gold Nevada Corp. (NYSE American: PZG) Featured in ROTH Equity Research Report
Paramount Gold Nevada Corp. (NYSE American: PZG) was featured in a recent equity research report published by ROTH Capital Partners LLC. The report reads, “On February 26, 2020, Paramount Gold Nevada announced the submission of its Plan of Operation for its Grassy Mountain gold project. We view the Plan of Operation submission to the Bureau of Land Management (BLM) as a major step forward in the permitting process at Grassy Mountain as the federal permitting process can now begin. As such, we are reiterating a Buy rating and $4.00 price target.”
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About Paramount Gold Nevada Corp.
Paramount Gold Nevada Corp. is a U.S. based precious metals exploration and development company. Paramount’s strategy is to create shareholder value through exploring and developing its mineral properties and to realize this value for its shareholders in three ways: by selling its assets to established producers; entering into joint ventures with producers for construction and operation; or constructing and operating mines for its own account.
Paramount owns 100% of the Grassy Mountain Gold Project which consists of approximately 11,000 acres located on private and BLM land in Malheur County, Oregon. The Grassy Mountain Gold Project contains a gold-silver deposit (100% located on private land) for which results of a positive Pre-Feasibility Study have been released and key permitting milestones accomplished.
Paramount owns a 100% interest in the Sleeper Gold Project located in Northern Nevada, the world’s premier mining jurisdiction. The Sleeper Gold Project, which includes the former producing Sleeper mine, totals 2,322 unpatented mining claims (approximately 60 square miles or 15,500 hectares). The Sleeper gold project is host to a large gold deposit (over 4 million ounces of mineralized material) and the Company has completed and released a positive Preliminary Economic Assessment.
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