Paramount Gold Nevada Corp. · AMEX:PZG
Paramount Gold Nevada — Investor Presentation (February 2024)
18 slides from Paramount Gold Nevada's investor presentation, February 2024
Slide 1: Corporate Presentation
Corporate Presentation February 2024
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation only may include "forward-looking statements" and “forward-looking information” (collectively, “forward-looking statements”) pursuant to applicable United States and Canadian securities laws. Paramount’s future expectations, beliefs, goals, plans or prosp
Slide 3: Who is Paramount Gold Nevada?
Who is Paramount Gold Nevada? • Over 4 million ounces of total gold resources • Assets in Oregon and Nevada • Cash & Prepaid expenses (December 31, 2023) ~$9.4 M • Major shareholders own ~30% (FCMI, Seabridge Gold, Ausenco, and insiders) 3 NOTE: Ownership calculated on a fully diluted basis as at Fe
Slide 4: Recent News
Recent News • Closed $15mm royalty convertible note with Sprott Streaming December 2023 • Significant support from recognized industry investor • PZG receives Notice to Proceed from Oregon State Regulators November 2023 • 1st project in Oregon to progress to this stage of permitting 4
Slide 5: Grassy Mountain Location: Eastern Oregon
Grassy Mountain Location: Eastern Oregon 20 miles S of Vale Aerial view of Grassy Mountain in underdeveloped eastern 30 miles SSW of Ontario Oregon 70 miles West of Boise 5
Slide 6: Grassy Mountain: Feasibility Study
Grassy Mountain: Feasibility Study – Completed Sept. 2022 • P&P Reserves – 380,000 ozs of Au at ~ 6.8 g/T Au • Total M&I Resources of ~1 million ounces • 750 tpd milling operation / CIL recovery (~93% Au & ~78% Ag) • Production of 47,000 oz of Au and 55,000 oz of Ag • Initial CapEx of $136 Million (
Slide 7: Grassy Mountain: Feasibility Study - Post Tax Economics
Grassy Mountain: Feasibility Study - Post Tax Economics Base Case Current Case Upside Case Gold Price ($/oz) $1,750 $1,900 $2,100 Silver Price ($/oz) $22 $24 $26 Cash Operating Cost Per Au Ounce* $681 $681 $681 AISC / oz of Au (includes all capital)** $815 $815 $815 Internal Rate of Return 23 % 27 %
Slide 8: Grassy Mountain Deposit
Grassy Mountain Deposit Elevation (ft.) 3800 3600 3400 3200 3000 200 ft 8
Slide 9: Grassy Mountain: Permitting in Oregon
Grassy Mountain: Permitting in Oregon On track to become Oregon's 1st modern day mine • State laws have been in place since 1991 • Well defined, time-based State permitting process • State and Federal permit applications progressing DOGAMI1 Permitting Timeline: COMPLETENESS ENVIRONMENTAL ISSUANCE OF
Slide 10: Sleeper Gold – Northern Nevada
Sleeper Gold – Northern Nevada Former High-Grade Producer of 1.7 million ounces at average head grade of ~7 g/t gold from 1986-96 10
Slide 11: Sleeper Gold: Initial Resource & Development Plans
Sleeper Gold: Initial Resource & Development Plans Au Au Ag Ag Tonnes Grade (000’s Grade (000’s (000’s) (g/T) ozs) (g/T) ozs) Measured 4,902 0.537 85 3.61 570 Indicated 158,337 0.356 1,812 4.06 20,661 Inferred 119,909 0.315 1,214 2.45 9,454 Source: S-K 1300 Technical Report Summary Initial Assessmen
Slide 12: Sleeper Gold – Historic Drilling
Sleeper Gold – Historic Drilling • Data from over 300,000 blast holes • Over 4,000 drill holes (pre-PZG ) • PZG drilled 75 Core and RC holes • 65 RC holes drilled to test waste dumps (PZG) • 9 sonic drill holes at Waste Dumps 12
Slide 13: Bald Peak, Mineral County, Nevada
Bald Peak, Mineral County, Nevada Low initial capital with option to acquire 100% Parallel structure to former producing gold mines Minimal spend to advance to drill program 13
Slide 14: Bald Peak, Mineral County, Nevada
Bald Peak, Mineral County, Nevada Surface samples avg. 2.62g/T and up to 10.85 g/T gold with all 44- intersecting gold CSAMT identifies anomalies that coincide with sampling Permitted with drill ready program 14
Slide 15: Experienced Team
Experienced Team Rudi Fronk (Chairman) Rachel Goldman Chairman & CEO of Seabridge Gold CEO & Director Christopher Reynolds CFO of Seabridge Gold Management Directors Glen Van Treek Eliseo Gonzalez-Urien President & COO, Director Professional Geologist John Carden Professional Geologist Carlo Buffone
Slide 16: Upcoming Catalysts
Upcoming Catalysts • Expected initiation of federal NEPA process (Q1, 2024) • Expected completion of Grassy Environmental Evaluation (Q2, 2024) • Expected receipt of draft permits for Grassy (Q4, 2024) • Expected issuance of final operating permit package for Grassy (Q1, 2025) 16 *all timeframes are
Slide 17: Capital Structure & Research Coverage
Capital Structure & Research Coverage Market Cap ~$22 MM Retail ~66% | Insiders ~24% | Institutional ~10% Alliance Global Partners Jake Sekelsky S/O ~60 MM (fd ~63 MM*) 12-mth target: $1.75 ADTV ~123k shares EV/Resources ~$6.23/oz NOTE: All market data as of February 13, 2024 share price $0.35 Marke
Slide 18: Investor Relations
INVESTOR RELATIONS Christos Theodossiou Director of Corporate Communications 1.844.488.2233 | ctheo@paramountnevada.com Follow us on:
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