Paramount Gold Nevada Set for Final Federal Approval of Grassy Mountain Project in January 2026
Reuters
Dec 16, 2025
Paramount Gold Nevada Set for Final Federal Approval of Grassy Mountain Project in January 2026
Paramount Gold Nevada Corp. announced it expects to receive final federal approvals in January 2026 for its Grassy Mountain Gold Project, a high-grade gold mining project in Oregon. The U.S. Bureau of Land Management confirmed the timeline for issuing the final Environmental Impact Statement and Record of Decision. The project, the first of its kind to seek approval in Oregon, has benefited from inclusion in the federal FAST-41 program, ensuring a transparent permitting process. At the state level, the Oregon Department of Geology and Mineral Industries released its draft consolidated permit package, with final state permits anticipated by late Q1 or early Q2 2026. Local permits have also been extended. Paramount has engaged Ausenco Engineering Canada Inc. to update the feasibility study, expected in the first half of 2026. The company is also evaluating opportunities at its Sleeper Gold Project in Nevada.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Paramount Gold Nevada Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9602699-en) on December 16, 2025, and is solely responsible for the information contained therein.
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