Paramount Gold Launches Initial Assessment of 54M-Ton Heap-Leach Sleeper Project
Paramount Gold Nevada Corp has commenced an Initial Assessment under SEC S-K 1300 for its 100%-owned Sleeper Gold Project, evaluating 54 million tons of heap-leachable oxide and mixed material. Completion is expected in late Q2 2026 to guide staged development planning and potential expansion.
1. Initial Assessment Commencement
Paramount Gold Nevada has launched an Initial Assessment under SEC S-K 1300 for its 100%-owned Sleeper Gold Project in Humboldt County, evaluating the project’s economic potential under U.S. regulatory standards. The study covers a past-producing high-grade gold asset with existing infrastructure to streamline evaluation.
2. Heap-Leach Focus and Partnership
The assessment targets approximately 54 million tons of oxide, mixed and waste-dump material amenable to heap leaching, aiming for a lower-cost, staged development approach focused on accelerated cash flow. Paramount has engaged SLR International, whose leach kinetics expertise from its Forte Dynamics acquisition will enhance study accuracy.
3. Timeline and Next Steps
Completion of the Initial Assessment is scheduled for late Q2 2026, after which permitting for surface infill drilling will commence to support resource updates. Results will inform pre-feasibility studies and identify potential future expansion opportunities.