Paramount Gold Nevada Corp. · AMEX:PZG
Paramount Gold Nevada — Investor Presentation (November 2023)
20 slides from Paramount Gold Nevada's investor presentation, November 2023
Slide 1: Corporate Presentation London Marketing
Corporate Presentation London Marketing November 2023
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 (September 30, 2023) ~$2.5 M • Major shareholders own ~30% (FCMI, Delbrook Capital, Seabridge Gold, Ausenco, and insiders) 3 NOTE: Ownership calculated as at November
Slide 4: Recent News
Recent News PZG Receives Notice to Proceed from Oregon State Regulators Nov.3, 2023 • Historic: • 1st project in Oregon to progress to this stage of permitting • Upcoming: • Completion of Environmental Evaluation and Draft Permits • Significance : • One-year timeframe to final permits 4
Slide 5: Sprott Financing
Sprott Financing • Term sheet for $15mm royalty convertible note • Funds available upon completion of definitive documentation and receipt of the Notice to Proceed from the State of Oregon • Interest of 10% per annum payable in cash or shares • Buy back option for 50% of the Royalty • Strong support
Slide 6: 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 6
Slide 7: 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 $136 Million (
Slide 8: Grassy Mountain: Feasibility Study - Post Tax Economics
Grassy Mountain: Feasibility Study - Post Tax Economics Base Case Current Case Upside Case Gold Price ($/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 9: Grassy Mountain Deposit
Grassy Mountain Deposit Elevation (ft.) 3800 3600 3400 3200 3000 200 ft 9
Slide 10: 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 11: Frost Project
Frost Project Initial drill program complete Drill holes testing mag 5 ft. of 14.4 g/t Au anomalies & 70 ft. of 1.04 g/t Au structures Air-mag, CSAMT & initial drill Drill holes testing alterations & program confirm gold system structures and/or mag anomalies Historic assays up to 25 g/T D
Slide 12: 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 form 1986-96 12
Slide 13: 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 14: 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 14
Slide 15: 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 15
Slide 16: 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 16
Slide 17: Management
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 18: Upcoming Catalysts
Upcoming Catalysts • Closing of Sprott $15 M Funding (Q4, 2023) • Grassy NOI to be filed in the federal registry (Q4, 2023) • Release of Grassy Environmental Evaluation (Q1, 2024) • Draft Permits for Grassy Operations (Q3, 2024) • Complete Permit Package for Grassy (Q4, 2024) 18 *all timeframes are
Slide 19: Capital Structure & Research Coverage
Capital Structure & Research Coverage Market Cap ~$21 MM Institutional ~20% | Insider ~10% | Retail ~70% Alliance Global Partners Jake Sekelsky S/O ~59MM (fd ~66 MM*) 12-mth target: $1.75 ADTV ~138k shares EV/Resources ~$5.50/oz NOTE: All market data as November 17, 2023 share price $ 0.35 Market Ca
Slide 20: Investor Relations
INVESTOR RELATIONS Christos Theodossiou Director of Corporate Communications 1.844.488.2233 | ctheo@paramountnevada.com Follow us on:
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