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Paramount Gold Nevada Receives Draft Consolidated Permit Package From the State of Oregon for the Grassy Mountain Gold Project
Globenewswire· 2025-12-08 21:06
Core Viewpoint - Paramount Gold Nevada Corp. has achieved a significant milestone with the Oregon Department of Geology and Mineral Industries publishing the draft consolidated permit package for the Grassy Mountain Gold Project, marking the first time a mining project has advanced through Oregon's consolidated mining permitting framework [2][3]. Group 1: Project Details - The Grassy Mountain Gold Project is designed as a small footprint underground gold mining operation, which aims to create high-quality local jobs, support regional economic activity, and contribute to local and state revenues over the mine's lifespan [5]. - The draft permit package release includes a scheduled public hearing on January 29, 2026, allowing for public comments until February 6, 2026, after which DOGAMI will revise the package before issuing the final permits [4]. Group 2: Company Overview - Paramount Gold Nevada Corp. is a U.S.-based precious metals exploration and development company focused on creating shareholder value through exploring and developing mineral properties [7]. - The company holds 100% interest in three projects: Grassy Mountain, Sleeper, and Bald Peak, with the Grassy Mountain project covering approximately 8,200 acres and containing a gold-silver deposit [8].