Paramount Gold Nevada Corp. announced that the company has staked a total of 40 additional claims at its recently acquired Frost Project (“Frost”) located 12 miles west of its 100%-owned Grassy Mountain Project, bringing the total controlled Frost land package to approximately 1,786 acres. Historical drilling at Frost generated shallow intercepts of high grade gold in a geological setting similar to the high grade Grassy Mountain deposit where Paramount completed an economically robust Preliminary Feasibility Study in mid-2018. Paramount’s recent magnetic and radiometric surveys found that the gold-bearing structures at Frost appeared to extend beyond the land holdings acquired late last year. Based on these results and field examinations, Paramount staked an additional 40 claims. For additional information pertaining to the originally acquired Frost claims and historical drilling of Frost. The results of the magnetic and radiometric surveys indicate that the historical gold intercepts only touched the outer edges of the multiple magnetic anomalies (purple/blue) which are frequently spatially associated with gold deposits. Paramount's technical team believes these depleted magnetic areas are evidence of alteration and mineralization.