Paramount Gold Nevada Corp. has issued an S-K 1300 Technical Report Summary for its 100% owned Sleeper Gold-Silver Project improving upon the total resources and associated confidence in the resources previously reported. The digitizing and validation of the Sleeper database included over 4,200 drill holes completed since the original AMAX gold discovery hole in the 1980's, a span of over 40 years.

The database review included a revision of gold and silver values against original assay certificates, drill hole logs, sample sheets and verification of over 300,000 samples containing gold and silver assays. Additionally, the team re-assayed over 3,000 samples of old pulps and split core from drilling conducted in the 80's and 90's, bringing the overall database to current industry standards. The new resource model based on the verified database increased total gold resources from 2.4 million ounces to 3.1 million ounces and improved the confidence level by upgrading 60% or 1.9 million ounces of total gold resources to the measured and indicated categories from inferred resources in the TRS filed in September of 2022.

Mineral Resources. Category, Tonnes (000's), Au (g/T), Au (000's oz), Ag (000's oz), Measured, 4,902, 0.537, 85, 3.61, 570, Indicated, 158,337, 0.356, 1,812, 4.06, 20,661, Inferred, 119,909, 0.315, 1,214, 2.45, 9,454.