Paramount Gold Nevada Corp. acquires, explores, and develops precious metal properties in the United States, focusing on gold and silver deposits. Its flagship asset is the wholly owned Grassy Mountain project in Malheur County, Oregon, covering about 8,280 acres. The project consists of 3 patented lode claims (about 62 acres), 455 unpatented lode claims (about 8,173 acres), and 9 mill site claims (about 45 acres). Incorporated in 1992, the company is based in Winnemucca, Nevada.