State Permit Application Submitted For Proposed Grassy Mountain Gold Mine

WINNEMUCCA, NV - Paramount Gold Nevada Corp. has submitted a modified Consolidated Permit Application (CPA) with the State of Oregon seeking approval to construct and operate its proposed, high-grade gold mine located in Malheur County in eastern Oregon.

CEO, Rachel Goldman, said, “We have a high degree of confidence that the rigorous review and subsequent modifications will result in the CPA achieving administrative completeness which will mark a first in the state of Oregon for a proposed modern mine. With the submission of the revised CPA, the prospect of receiving permits and advancing Grassy towards production will represent a historic moment for the communities of eastern Oregon and for the state. Equally as important is the substantial value-creating opportunity that a production scenario creates for our stockholders.”

President and COO, Glen Van Treek, said, “The submission of the modified applications, to both the BLM and the DOGAMI, reflects our commitment to ensuring our proposed mine meets and exceeds all of the combined requirements under Oregon and federal regulations. We appreciate the level of collaboration from all the state permitting agencies that greatly assisted us in addressing the issues identified in the state’s completeness review. We continue to have the utmost confidence in our ability to permit, build and operate Grassy Mountain.”