Paramount Gold Nevada Corp. · AMEX:PZG

Paramount Gold Nevada — Investor Presentation (June 2025)

19 slides from Paramount Gold Nevada's investor presentation, June 2025

  1. Slide 1: Corporate Presentation June 2025

    Corporate Presentation June 2025

  2. 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

  3. 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 (March 31, 2025) ~$2.8 M • Major shareholders own ~30% (FCMI, Seabridge Gold, Ausenco, and insiders) 3 NOTE: Ownership calculated on a fully diluted basis as at March

  4. Slide 4: 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 4

  5. Slide 5: Grassy Mountain: Social and Economic Impact

    Grassy Mountain: Social and Economic Impact  $30M Annual Economic Impact: • ~32,000  Salaries, Local Consumables, and Services • Major cities are Ontario, Vale  Job Creation: ~300 Constructions & ~100 full time jobs and Nyssa plus indirect roles; avg. salary $70-80k + benefits Top employers  Mod

  6. Slide 6: Grassy Mountain: Feasibility Study – Updated Sept. 2022

    Grassy Mountain: Feasibility Study – Updated 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 (in

  7. Slide 7: Grassy Mountain: Feasibility Study - Post Tax Economics

    Grassy Mountain: Feasibility Study - Post Tax Economics Base Case Upside Case Gold Price ($/oz) $1,750 $2,100 Silver Price ($/oz) $22 $26 Cash Operating Cost Per Au Ounce* $681 $681 AISC / oz of Au ** $815 $815 Internal Rate of Return 23 % 32 % Net Present Value (5%) (USD’s) $ 114 million $ 189 mill

  8. Slide 8: Grassy Mountain Deposit

    Grassy Mountain Deposit Elevation (ft.) 3800 3600 3400 3200 3000 200 ft 8

  9. Slide 9: Recent News: FAST-41 Designation

    Recent News OFFICIAL Brings together Federal agencies tasked with environmental review and permitting processes’ to coordinate review of FAST-41 covered projects FAST-41 Grassy added as “Critical Mineral Production Project” under President Trump’s Executive Order “Immediate DESIGNATION Measures to I

  10. Slide 10: Grassy Mountain: Permitting in Oregon

    Grassy Mountain: Permitting in Oregon On track to become Oregon's 1st modern day mine COUNTY Permit obtained with no renewal limits Completeness Final Determination EE Permits (Oct. ‘23) (Oct. ’24) (Q4 ’25) STATE Notice to Draft Permits Proceed (Q2/Q3 ’25) (Nov. ‘23) Plan of Record of Operation Draf

  11. Slide 11: 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 11

  12. Slide 12: 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

  13. Slide 13: 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 13

  14. Slide 14: 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 14

  15. Slide 15: 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 15

  16. Slide 16: Management & Consultants

    Experienced Team Rachel Goldman Rudi Fronk (Chairman) CEO & Director Chairman & CEO of Seabridge Gold Carlo Buffone Christopher Reynolds Management & CFO CFO of Seabridge Gold Consultants Directors Christos Theodossiou Corporate Communications & Corporate Secretary Eliseo Gonzalez-Urien Professional

  17. Slide 17: Upcoming Catalysts

    Upcoming Catalysts • BLM expected to have draft EIS available for public review (Q3 2025) • DOGAMI expected to issue draft permits (Q2/Q3 2025) • BLM expected to issue final EIS (Q1 2026) • DOGAMI expected to issue final permits (Q1 2026) • BLM expected to issue a Record of Decision (Q2 2026) 17 *al

  18. Slide 18: Capital Structure & Research Coverage

    Capital Structure & Research Coverage Market Cap ~$41 MM Retail ~69% | Insiders ~20% | Institutional ~11% Alliance Global Partners Jake Sekelsky S/O ~71 MM (fd ~73 MM*) 12-mth target: $1.20 ADTV ~298K shares EV/Resources ~$9/oz NOTE: All market data as of June 4, 2025 share price $0.58 Market Cap. C

  19. Slide 19: Investor Relations

    INVESTOR RELATIONS Christos Theodossiou Director of Corporate Communications 1.844.488.2233 | ctheo@paramountnevada.com Follow us on:

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