Paramount Gold says Sleeper project initial assessment shows $402M after-tax NPV at $3,600/oz gold

Paramount Gold released initial assessment results for the Sleeper gold project showing an after-tax net present value of $402 million at a gold price assumption of $3,600/oz, alongside a 45% internal rate of return and a 1.4-year payback period. Under a $4,700/oz gold assumption, the NPV rises to $867 million and the IRR to 66%. The project is modeled to include 1.1 million ounces of payable gold, with 348,000 ounces expected in the first five years, supported by low-cost heap-leach waste rock resources. The assessment is presented as strengthening the project’s economic viability and is directly tied to expectations for gold and silver commodity prices.