Skyline Builders Group Acquires Two Highly Prospective Gold and Silver Mineral Properties in Nevada

About this update from Paramount Gold Nevada Corp.

Company acquired the properties ahead of its pending, transformative business combination with Cove Kaz Resources Cove Kaz Resources is advancing strategic resource projects in Kazakhstan focused on tungsten Company’s Nevada purchases diversify its property portfolio into precious metals -- and the world’s highest ranked mining jurisdiction -- with two properties GRAND CAYMAN, Cayman Islands, Aug. 17, 2026 (GLOBE NEWSWIRE) -- Skyline Builders Group Holding Limited (Nasdaq: KAZR) (“the Company”), a holding company expecting to close its previously announced merger with Cove Kaz Resources (Cove Kaz) by year-end or early 2027, today announced it has acquired two highly  prospective gold and silver mineral properties in Nevada. Nevada is the world’s highest ranked mining  jurisdiction, as defined by the Fraser Institute – a non-partisan Canadian public policy think-tank. For more than 50 years, Fraser has served as the mining industry’s authoritative source of jurisdictional evaluation. In its latest 2025 Annual Survey, released Feb. 26, 2026, Nevada was listed as #1 globally for mining attractiveness out of 68 jurisdictions – moving up from #2 a year earlier. Further, Nevada scored 100 on the Policy Perception Index – the highest possible score – making it the world’s most attractive jurisdiction on government policy factors alone. For context, Nevada has been ranked #1 in 2018, 2020, #3 in 2021, #1 in 2022 and has remained highly ranked subsequently.  The two properties acquired are: Mill Creek Project, an early-stage gold exploration project acquired from Paramount Gold (NYSE: PZG). The project comprises a contiguous block of 36 lode mining claims. The claims total approximately 720 acres and are located in the NW part of the Shoshone Range, 33 km south of Battle Mountain. A project summary is available at skylinebuildersgroupholding.com. Irwin Project, a past-producing property spanning twelve claims with historic high-grade intrusive-related gold and silver. Mineralized veins trace up to 70 meters along strike, yielding historical assays up to 7.5 g/t gold and 96 g/t silver. Multiple unconstrained veins and historic workings offer excellent exploration upside. The Irwin project is located in the Troy Mining District, Nye County, Nevada, approximately 150 kilometers east-northeast of Tonopah. The project is directly accessible by road. A pr...

View stock analysis, news, and events for Paramount Gold Nevada Corp.