Paramount Gold Advances Grassy Mountain Gold Project with Draft Permit Release
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 08 2025
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Source: Newsfilter
- Historic Permit Advancement: The Oregon Department of Geology and Mineral Industries has released the draft consolidated permit package for the Grassy Mountain Gold Project, marking the first time a mining project has progressed through Oregon's consolidated mining permitting framework, representing a significant regulatory milestone for the state.
- Public Engagement Mechanism: The release of the draft permit package is accompanied by a public hearing scheduled for January 29, 2026, allowing public comments until February 6, which not only enhances community engagement but also lays the groundwork for project transparency and compliance.
- Economic Impact Potential: Designed as a small-footprint underground gold mining operation, the project is expected to create high-quality local jobs, support regional economic activity, and contribute to local and state revenues over the mine's lifecycle, thereby promoting local economic development.
- Strategic Collaboration Outlook: CEO Rachel Goldman stated that the project's advancement will foster collaboration with regulators and local stakeholders, further driving the realization of the Grassy Mountain Gold Project, demonstrating the company's commitment to sustainable and responsible mining practices.
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About PZG
Paramount Gold Nevada Corp. is engaged in the business of acquiring, exploring and developing precious metals projects in the United States of America. The Company owns both exploration and development stage projects in the states of Nevada and Oregon. Its projects include Sleeper Gold Project, Grassy Mountain Project, Frost Project, and Bald Peak Project. The Company’s material Nevada property, the Sleeper Gold Project (Sleeper), is located in Humboldt County, Nevada. Its material Oregon property, known as the Grassy Mountain Project, is located in Malheur County, Oregon, approximately 22 miles south of Vale, Oregon, and roughly 70 miles west of Boise, Idaho. The project site is situated in the rolling hills of the high desert region of the far western Snake River Plain and consists of 455 unpatented lode claims and three patented lode claims all totaling roughly 8,280 acres. Its subsidiaries include New Sleeper Gold LLC, Sleeper Mining Company, LLC, and Calico Resources USA Corp.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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