Paramount Gold Receives Federal Approval for the Grassy Mountain Gold Project

Core Viewpoint - Paramount Gold Nevada Corp. has achieved a significant milestone with the signing of the Record of Decision (ROD) for its Grassy Mountain Gold Project, marking the completion of the federal environmental review process under the National Environmental Policy Act (NEPA) [1][2]. Group 1: Project Development - The ROD signifies the culmination of a rigorous environmental review process, incorporating public feedback and supporting responsible development on federal lands [2]. - Grassy Mountain has been included in the FAST-41 Transparency Projects Permitting Dashboard, benefiting from a streamlined review process for federal approval [3]. - The project is now shovel-ready, expected to contribute to the U.S. mining industry and stimulate the local economy in Malheur County, Oregon, by creating high-quality jobs [4]. Group 2: Company Overview - Paramount Gold Nevada Corp. is focused on precious metals exploration and development, aiming to create shareholder value through various strategies, including asset sales and joint ventures [5]. - The company holds a 100% interest in three projects: Grassy Mountain, Sleeper, and Bald Peak, with Grassy Mountain covering approximately 8,200 acres and containing a gold-silver deposit [6]. Group 3: Future Prospects - The positive Feasibility Study results and key permitting milestones for Grassy Mountain indicate a favorable outlook for the project [6].