Grassy Mountain Gold Mine Plan Of Operations Is Deemed Complete By Federal BLM

WINNEMUCCA, NV - Paramount Gold Nevada Corp. reported that the Federal Bureau of Land Management (BLM) has accepted the Plan of Operations for the proposed high-grade underground Grassy Mountain gold mine in eastern Oregon as complete. With completeness, the BLM will issue a Notice of Intent thereby initiating the Environmental Impact Statement (EIS) process under the National Environmental Policy Act (“NEPA”). The EIS is a comprehensive analysis of the impact of the proposed mine on the environment. The EIS culminates in the Record of Decision that sets out the BLM’s decision regarding the proposed mining operations.

Glen Van Treek, President and COO, said, “Our ongoing collaboration with the BLM over several years has allowed us to achieve this permitting milestone which is a first for a gold mine and recovery facility in Oregon, and advances Grassy one important step closer to a construction decision.”