secwatch.observer — SEC 8-K summary
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Issuer:     Paramount Gold Nevada Corp. (PZG)
CIK:        0001629210
Form:       8-K
Filed at:   2023-09-08T23:59:59+00:00
Accession:  0001193125-23-231101
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Paramount Gold updates Sleeper resource: total gold up ~30% to 3.1M oz; 60% now measured & indicated
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- Total gold resources increased to 3.1 million oz (up from 2.4M oz); M&I gold now 1.9M oz (vs nil previously).
- Silver resources: 31M oz M&I plus 9.5M oz inferred, per S-K 1300 TRS effective June 30, 2023.
- Database verified with >4,200 drill holes and >300,000 assay samples; re-assayed 3,000 old pulps/split core.
- RESPC recommends Initial Assessment, 7,600 m infill drill program, and metallurgical testing as next steps.
- CEO Rachel Goldman says resource restatement is a major step toward realizing Sleeper's value for shareholders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1629210/000119312523231101/0001193125-23-231101-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1629210/000119312523231101/d616971d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-231101

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer