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Paramount Gold Nevada Receives Additional Approvals Its Grassy Mountain Gold Project, Oregon

Published: September 19, 2018 |

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Paramount Gold Nevada Corp. said that the Oregon Department of Geology and Mineral Industries (DOGAMI) has approved and accepted seven additional baseline environmental reports, bringing the total to 12 reports approved and accepted by the appropriate state agencies. These baseline reports are required for permitting the company’s 100 percent owned Grassy Mountain gold project in eastern Oregon.

The seven additional, approved reports are as follows:

• Wild, Scenic or Recreational Rivers Baseline Report
• Land Use Baseline Report
• Transportation Baseline Report
• Areas of Critical Environmental Concern Baseline Report
• Environmental Justice Baseline Report
• Socioeconomics Baseline Report
• Wetlands Baseline Report

“The rapid response of the State agencies and their willingness to communicate and cooperate is extremely encouraging. Following our positive reception at the public meeting in Portland last week, where we had the chance to present the prefeasibility report to several state agencies, I am encouraged by the ongoing approval of our baseline data reports. These reports are required prior to submitting the consolidated permit application for our proposed Grassy Mountain Mine,” said Paramount CEO Glen van Treek.


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


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