Paramount Gold reports $375M NPV for Grassy Mountain feasibility study

Paramount Gold Nevada announced updated feasibility study results for its Grassy Mountain Gold Project showing after-tax NPV of $375M at $3,600/oz gold and $609M at $4,618/oz gold, with IRR of 39% and 55% respectively. The project received federal approval and is advancing toward construction decision with improved economics and extended 9.3-year mine life.