GlobeNewsWire
28 May 2026, 10:30 UTC · 2h ago
Source · https://www.globenewswire.com/news-release/2026/05/28/3302625/0/en/Paramount-Gold-Announces-Results-of-Feasibility-Study-for-the-Grassy-Mountain-Gold-Project.html
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Paramount Gold's updated Feasibility Study for Grassy Mountain shows a base-case after-tax NPV of $374.7 million and an IRR of 38.9% at $3,600/oz gold. — Strong project economics and high internal rates of return significantly increase the valuation and attractiveness of the company's primary asset.
+0.80The Project received a positive Record of Decision from the Federal Bureau of Land Management and expects final state permitting approval in H2 2026. — Passing federal regulatory hurdles removes a major binary risk and clears the path toward a final construction decision.
+0.60Total recoverable gold ounces increased by 7% to 385,800 ounces, and the mine life was extended from 7.8 to 9.3 years. — Increased resource recovery and a longer operational window improve the project's long-term value and cash flow profile.
+0.40Ticker attribution
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The company announced significantly improved project economics for Grassy Mountain, including higher NPV and IRR results from its feasibility study.
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