Paramount Gold Granted Conditional Use Permit to Start Construction at Grassy Mountain Gold Mine
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Paramount Gold Nevada said the Malheur County Planning Commission has granted a two year extension through to May 2023 on the Conditional Use Permit (CUP) for the proposed Grassy Mountain underground mine located in eastern Oregon.
The Malheur County Planning Commission concluded that the request for an extension of the CUP satisfied all county requirements and was thereby approved.
The CUP from the county is required to start building the Grassy Mountain mine, and along with the Federal permit from the Bureau of Land Management and the state level permit from the Oregon Department of Geology and Mineral Industries (DOGAMI), represent the three principal permits required to build the Grassy Mountain Mine.
During the initial CUP hearing, Paramount officers and the County Commissioners received ample support for the project from the community given the numerous jobs that will be created and the significant capital that will be invested in a historically under-developed part of the state.
“We are encouraged by the ongoing support from Malheur County and the broader community as we continue in our efforts to advance Grassy Mountain into production, and we look forward to building a modern mine that will benefit all of our stakeholders,” said Paramount CEO, Rachel Goldman.
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’s website, CLICK HERE
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