Paramount Gold Nevada Corp. is a precious metals exploration and development company. The Company is engaged in the business of acquiring, exploring and developing precious metal projects in the United States of America. The Company owns exploration projects in the states of Nevada and Oregon. The Company’s wholly owned subsidiaries include New Sleeper Gold LLC, Sleeper Mining Company, LLC, and Calico Resources USA Corp. The New Sleeper Gold LLC and Sleeper Mining Company, LLC operates the mining interests in Nevada. Calico Resources USA Corp. holds interest in the Grassy Mountain Project in Oregon. Its projects include Grassy Mountain Gold Project and Sleeper Gold Project. The Grassy Mountain Gold Project consists of approximately 11,000 acres located on private and bureau of land management (BLM) land in Malheur County, Oregon. The Grassy Mountain Gold Project contains a gold-silver deposit. The Sleeper Gold Project hosts gold deposit.