Paramount Gold Nevada Appoints John Seaberg as Executive Chairman

Published: November 7, 2018 |

[Click image to enlarge]

John W. Seaberg has joined Paramount Gold Nevada’s board of directors as executive chairman. As a member of Paramount’s executive leadership team Seaberg will be responsible for Capital Markets.

“We see Paramount becoming a gold producer and deal-maker in the U.S. gold industry. John’s intimate knowledge of capital markets and the process of generating market value is a critical added component in our plans. We are creating a three-person executive leadership team with the skills to build a larger presence in our industry including our chief executive officer Glen Van Treek, the head of Technical Services responsible for our exploration and development programs, and our chief financial officer Carlo Buffone, responsible for Finance and Compliance,” said outgoing chairman Rudi Fronk, chairman and chief executive officer of Seabridge Gold.

“With the successful conclusion of a preliminary feasibility study on our wholly-owned Grassy Mountain Project and the excellent progress we are making in the permitting process, we believe it is time to position Paramount for a more active role in the U.S. gold industry where our NYSE American listing and gold-rich resource base have few rivals among smaller and mid-sized U.S companies. I will remain on the board and look forward to contributing to the next stage of Paramount’s evolution,” added Fronk.

John Seaberg was most recently senior vice president, Strategic Relations for Klondex Mines, Ltd. from 2015 to 2018. Klondex, a junior-tier gold and silver mining company focused on exploration, development, and production in Nevada, USA, and Manitoba, Canada, was recently acquired by Hecla Mining Company. At Klondex, John was responsible for global investor relations and corporate development initiatives as an acting member of the senior executive team. Prior to Klondex, he was employed for more than 10 years by Newmont Mining Corporation, a Fortune 500 company based in Denver, Colorado and the world’s second largest gold producer, where he last held the position of vice president, investor relations. John has an MBA from the University of Denver, Colorado.

About Paramount Gold Nevada Corp.
Paramount Gold Nevada is a U.S. based precious metals exploration and development company. Paramount’s strategy is to create shareholder value through exploring and developing its mineral properties and to realize this value for its shareholders in three ways: by selling its assets to established producers; entering into joint ventures with producers for construction and operation; or constructing and operating mines for its own account.

Paramount owns 100 percent of the Grassy Mountain Gold Project which consists of approximately 9,300 acres located on private and BLM land in Malheur County, Oregon. The Grassy Mountain project contains a gold-silver deposit (100 percent located on private land) for which a PFS has been prepared and key permitting milestones accomplished. Additionally, Paramount owns a 100 percent interest in the Sleeper Gold Project located in Northern Nevada. The Sleeper Gold Project, which includes the former producing Sleeper mine, totals 2,322 unpatented mining claims (approximately 60 square miles or 15,500 hectares).

To stop by Paramount Gold Nevada’ website, CLICK HERE

Be in-the-know when you’re on-the-go!

FREE eNews delivery service to your email twice-weekly. With a focus on lead-driven news, our news service will help you develop new business contacts on an on-going basis.
CLICK HERE to register your email address.

For licensing permission, .(JavaScript must be enabled to view this email address)