Paramount Gold Nevada updated study projects $374.7 million after-tax NPV at $3,600 gold
Paramount Gold Nevada released an updated feasibility study for its 100%-owned Grassy Mountain Gold Project in Oregon. The base case shows an after-tax NPV (5%) of $374.7 million and a 38.9% IRR at $3,600 per ounce of gold, compared with $114.1 million in the 2022 study, which used $1,750 per ounce gold. The study also reflects higher expected gold output and a longer mine life, but its results depend on permitting, with state approval expected in the second half of 2026.
Key points
- Base case at $3,600/oz gold: after-tax NPV (5%) of $374.7 million, IRR of 38.9%, payback of 2.2 years, versus $114.1 million NPV in the 2022 study
- Recoverable gold rises 7% to 385,800 ounces; mine life extended to 9.3 years from 7.8 years
- Initial capital expenditures of $189.8 million; all-in sustaining costs of $1,442 per ounce of gold, net of silver credits
- Federal Record of Decision and final EIS received in January 2026; state permitting approval expected in the second half of 2026
The filing
Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 02, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.