other material
confidence high
sentiment positive
materiality 0.80
Paramount Gold reports positive Initial Assessment for Sleeper Gold Project: after-tax NPV $402M, IRR 45%
Paramount Gold Nevada Corp.
- After-tax NPV (8%) of $402M (base case $3,600/oz gold) and $867M (upside $4,700/oz gold); IRR 45% and 66%, payback ~1.4 years.
- 17-year mine life; avg annual gold production 65k oz; total payable gold 1.1M oz; first 5 years strip ratio 0.74:1.
- Mineral Resource update: Measured & Indicated 1.99M oz gold (+5%), Inferred 2.30M oz gold (+90%).
- Initial capital $201M; cash costs $2,048/oz, AISC $2,407/oz (base case) with low-cost legacy pad ounces.
- Recommends $8.7M advancement program for infill drilling, permitting, and pre-feasibility study.