Paramount Nevada

PARAMOUNT GOLD NEVADA

Paramount Gold is a U.S. focused exploration and development company advancing a portfolio of high-quality gold assets. The Company holds a 100% interest in approximately 50,000 acres across three projects: Grassy Mountain, Sleeper, and Bald Peak.

Grassy Mountain is an advanced-stage development project in Malheur County, Oregon. Sleeper is a past-producing, early-stage development project in northern Nevada, one of the world’s premier mining jurisdictions, with a large highly prospective land position. Bald Peak is an early-stage exploration project in Nevada.

The Company is focused on disciplined execution to generate long-term shareholder value.

NEWS AND EVENTS

NEWS

Paramount Gold Commences Initial Assessment of Sleeper Gold Project in Nevada

April 9, 2026

Winnemucca, Nevada – April 9, 2026 – Paramount Gold Nevada Corp. (NYSE American: PZG) (“Paramount” or the “Company”) announced today that it has commenced an Initial Assessment under the U.S Securities and Exchange Commission ("SEC") S-K 1300, for its 100%-owned Sleeper Gold Project (“Sleeper”), a past-producing high grade-gold mine located in Humboldt County, northern Nevada.