Grassy Mountain Gold project Fast-Tracked by Federal Government
Winnemucca — May 9, 2024 — The Grassy Mountain Gold project in oregon has been fast-tracked by the federal government. Announced by Paramount Gold Nevada Corp., the project’s inclusion in the FAST-41 program signifies a streamlined permitting process. This initiative aims to expedite critical infrastructure projects, which is beneficial for the gold mining operation. The announcement is projected to boost confidence and investment; it will create jobs,while demonstrating how quickly mining projects can move forward. These moves have put the Grassy Mountain Gold project in an excellent position for further progress, which can be good for the economy.
Grassy Mountain Gold project Fast-Tracked by Federal Government
Federal Approval Expedites Oregon Gold mine
Winnemucca, Nevada – The Grassy Mountain gold project in Malheur County, Oregon, has received a significant boost with its selection for the federal government’s FAST-41 program.Paramount Gold Nevada Corp. (NYSE American: PZG) made the announcement, highlighting the project’s potential and the benefits of streamlined permitting.
The FAST-41 program, as detailed in a White House press release, provides covered projects with extensive permitting timetables and transparent, collaborative management via the Federal Permitting Dashboard.
Paramount Gold’s Viewpoint
Rachel Goldman, CEO and director of Paramount, expressed her recognition for the project’s inclusion in the program. We appreciate having Grassy included in the FAST-41 program and look forward to continued collaboration with federal and state agencies as we advance to final permits,
Goldman stated.
project Overview: Grassy Mountain
- Location: Malheur County, Oregon
- Acreage: Approximately 8,200 acres on private and BLM land
- Deposit: Gold-silver deposit entirely on private land
- Status: Positive Feasibility Study completed; key permitting milestones achieved
Paramount Gold Nevada Corp.: A Company Profile
Paramount Gold Nevada corp. is a U.S.-based precious metals exploration and progress company. The company’s strategy focuses on creating shareholder value through exploration and development, with options to sell assets, enter joint ventures, or construct and operate mines independently.
In addition to Grassy Mountain, Paramount holds a 100% interest in two other projects:
- Sleeper Gold Project: located in Northern Nevada, encompassing 2,474 unpatented mining claims (approximately 44,917 acres), including the former Sleeper mine.
- Bald Peak Project: A drill-ready project in Nevada, consisting of approximately 2,260 acres.
Forward-Looking Statements and Risk Factors
This announcement contains forward-looking statements subject to risks and uncertainties. These statements are based on management’s current expectations and assumptions, wich may prove incorrect. Factors that could cause actual results to differ materially include:
- Uncertainties in drilling results
- Environmental matters
- Permitting challenges
- Equipment breakdowns
- Financing requirements
- Discrepancies in mineral reserve and resource estimates
- Global health crises, such as the COVID-19 pandemic
Paramount disclaims any obligation to update forward-looking statements, except as required by law.
Contact Details
For further information, please contact:
Paramount Gold Nevada Corp.
Rachel Goldman,CEO and Director
christos Theodossiou,Director of Corporate Communications
844.488.2233
Twitter: @ParamountNV
FAQ: Grassy Mountain Gold Project
- what is the FAST-41 program?
- A federal government initiative to expedite the permitting process for critical infrastructure projects.
- Where is the Grassy Mountain Gold Project located?
- Malheur County, Oregon.
- Who owns the Grassy Mountain Gold Project?
- Paramount Gold Nevada Corp. holds a 100% interest.
- What is the current status of the project?
- A positive Feasibility Study has been released, and key permitting milestones have been achieved.
