26 unchanged sentences
OVERVIEW OF PARAMOUNT GOLD NEVADA CORP.
−Removed: We are an emerging growth company engaged in the business of acquiring, exploring and developing precious metal projects in the United States of America.
+Added: We are engaged in the business of acquiring, exploring and developing precious metal projects in the United States of America.
Paramount owns advanced stage exploration projects in the states of Nevada and Oregon.
27 unchanged sentences
The county fees in Nevada and Oregon are $12.00 and $5.00 per claim, respectively.
−Removed: On certain claims, we are required to pay a fee for each 20 acres of an association placer.
+Added: On certain claims, we are required to pay a fee of $165.00 for each 20 acres of an association placer.
For any new claims we acquire by staking, we must file a certificate of location with the State Office of the BLM within 90 days of making the claim along with a fee equal to the amount of the annual claim maintenance fee.
14 unchanged sentences
We are also responsible for managing the reclamation requirements from the previous mine operations and have a bond posted with the BLM to guarantee that reclamation is performed on the associated mine facilities and activities.
−Removed: We expect that our annual obligations to satisfy reclamation requirements to be approximately $361,389 for the next five years.
−Removed: Annual outlays are reimbursed by the existing reclamation bond and reimbursements are expected to approximate the actual outlays.
−Removed: In August 2016, the Company’s mine closure plan was determined to be sufficient by the BLM.
+Added: The Company funds any reclamation work related to mine closure at the Sleeper Gold Project with amounts held in a commutation account and holds an insurance policy that covers up to an aggregate of $25 million for required reclamation in excess of the funds held in the commutation account.
+Added: On October 2, 2019, the Company submitted a three-year update to the reclamation cost estimate to the Nevada Division of Environmental Protection Agency for mine closure work for the Sleeper Gold Project.
+Added: In September 2020, the Company’s mine closure plan was determined sufficient by the BLM.
As of June 30, 2020, we employed seven full-time employees and two consultants.
1 unchanged sentence
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.