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Bureau of Land Management Accelerates Permitting for Paramount’s High-Grade Grassy Mountain Gold Project
Globenewswire· 2025-07-10 20:00
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].
Bureau of Land Management Accelerates Permitting for Paramount's High-Grade Grassy Mountain Gold Project
GlobeNewswire News Room· 2025-07-10 20:00
Core Points - Paramount Gold Nevada Corp. announced that the U.S. Bureau of Land Management (BLM) will publish the draft Environmental Impact Statement (DEIS) for the Grassy Mountain Gold Project in early August 2025, with the final EIS and Record of Decision (ROD) expected in December 2025 [1][2] - The company has received significant support from the BLM in Oregon, facilitating an accelerated pathway for the EIS while maintaining environmental standards [2] - Paramount Gold Nevada Corp. is focused on creating shareholder value through exploration and development of its mineral properties, with strategies including asset sales, joint ventures, and operating its own mines [3] Company Overview - Paramount Gold Nevada Corp. holds a 100% interest in three projects: Grassy Mountain, Sleeper, and Bald Peak [4] - The Grassy Mountain Gold Project spans approximately 8,200 acres and contains a gold-silver deposit, with a positive Feasibility Study already released [4] - The Sleeper Gold Project includes the former producing Sleeper mine and totals approximately 44,917 acres, while the Bald Peak Project consists of about 2,260 acres [5]