Bureau of Land Management Accelerates Permitting for Paramount’s High-Grade Grassy Mountain Gold Project

Core Viewpoint - Paramount Gold Nevada Corp. is progressing towards the publication of the draft Environmental Impact Statement (DEIS) for the Grassy Mountain Gold Project, with expectations for its release in early August 2025, followed by the final EIS and Record of Decision (ROD) in December 2025 [1][2]. Company Overview - Paramount Gold Nevada Corp. is a U.S.-based precious metals exploration and development company focused on creating shareholder value through the exploration and development of its mineral properties [3]. - The company holds a 100% interest in three projects: Grassy Mountain, Sleeper, and Bald Peak [4]. Project Details - The Grassy Mountain Gold Project spans approximately 8,200 acres in Malheur County, Oregon, containing a gold-silver deposit located entirely on private land, with a positive Feasibility Study already released [4]. - The Sleeper Gold Project, located in Northern Nevada, includes the former producing Sleeper mine and consists of 2,474 unpatented mining claims covering about 44,917 acres [5]. - The Bald Peak Project in Nevada is drill-ready and encompasses approximately 2,260 acres [5]. Regulatory and Environmental Review - The U.S. Bureau of Land Management (BLM) has facilitated an accelerated pathway for the Environmental Impact Statement (EIS) process, ensuring environmental standards are maintained [2]. - The inclusion of the Grassy Mountain project on the Federal Government's FAST-41 transparency list has enhanced public access to the environmental review and authorization schedule [2].