Paramount Gold Nevada Corp PZG

Metals & Mining Gold

Paramount Gold Nevada Corp. is engaged in the business of acquiring, exploring and developing precious metals projects in the United States of America. The Company owns both exploration and development stage projects in the states of Nevada and Oregon. Its projects include Sleeper Gold Project, Grassy Mountain Project, Frost Project, and Bald Peak Project. The Company’s material Nevada property, the Sleeper Gold Project (Sleeper), is located in Humboldt County, Nevada. Its material Oregon property, known as the Grassy Mountain Project, is located in Malheur County, Oregon, approximately 22 miles south of Vale, Oregon, and roughly 70 miles west of Boise, Idaho. The project site is situated in the rolling hills of the high desert region of the far western Snake River Plain and consists of 455 unpatented lode claims and three patented lode claims all totaling roughly 8,280 acres. Its subsidiaries include New Sleeper Gold LLC, Sleeper Mining Company, LLC, and Calico Resources USA Corp.

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Paramount Gold Nevada Corp

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Comment by jsladekon Sep 13, 2011 5:27pm

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Post# 19038496

RE: Congrats Paramount, as ICN owns 400,000 shares

ICN and PZG came to terms on the Dunes only recently. PZG owes royalties to ICN on the Dunes properties only. The 43-101 resource does not include any material from these properties, as PZG did not have any rights to them at the time of the 43-101 was initiated.

Keep up the good work Paramount, tiny ICN Resources is rooting for this project. In addition to the 400,000 shares of PZG, ICN also owns 0.5% and/or 1.5% NSR's on a portion of it...

I think that ICN was smart to deal these proprerties to PZG, but those 400,000 shares will have to do for now, because ICN's royalty is still on dirt. Prospective dirt, to be sure, but dirt nonetheless.

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