NEWS AND EVENTS
Paramount’s Grassy Mountain Receives Notice To Proceed From Oregon State Regulators
November 6, 2023
Winnemucca, Nevada – November 6, 2023 – Post the receipt of the positive completeness determination announced on October 5th, Paramount Gold Nevada Corp. (NYSE American: PZG) (“Paramount” or the “Company”) is pleased to announce that the Oregon Department of Geology and Mineral Industries (“DOGAMI”) has issued the Notice to Proceed (the “Notice” or “NTP”) required to move Grassy Mountain into the next phase of permitting. Based on state regulations, it is expected that the DOGAMI will issue the final consolidated permit package within one year.
Nov 28, 2023
The Grassy Mountain Gold Project (“Grassy”) is located in Malheur County, eastern Oregon, approximately 22 miles south of Vale, Oregon, and roughly 70 miles west of Boise, Idaho.
On November 14, 2018, Paramount entered into an agreement with a wholly owned subsidiary of Ely Gold Royalties (TSX-v: ELY) to purchase a 100% interest in 896 acres known as the Frost Project (“Frost”).
Paramount Gold Nevada owns a 100% interest in the Sleeper Gold Project, a former high-grade open pit gold producer located off a main highway approximately 25 miles northwest of the town of Winnemucca, Nevada.
In August 2021, we completed the acquisition of the Bald Peak project, located in the well-known Aurora mining district in Mineral County, Nevada, and situated on a parallel structure to that which hosts the prolific open-pit Bodie, Aurora, and Borealis mines.