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Paramount Gold Nevada Reports Continuing Timely Progress on Grassy Mountain Permitting: Two Additional Baseline Reports Approved by Oregon State Regulators
WINNEMUCCA, Nev., Oct. 31, 2018 (GLOBE NEWSWIRE) -- Paramount Gold Nevada Corp. (NYSE American: PZG) ("Paramount”) announced today that the Oregon Department of
About this update from Paramount Gold Nevada Corp.
[{"type":"text","content":" WINNEMUCCA, Nev., Oct. 31, 2018 (GLOBE NEWSWIRE) -- Paramount Gold Nevada Corp. (NYSE American: PZG) (\"Paramount”) announced today that the Oregon Department of Geology and Mineral Industries (“DOGAMI”) has approved and accepted two additional baseline data reports. These baseline environmental reports are required as part of Paramount’s Consolidated Permit Application for the Company’s 100%-owned Grassy Mountain Gold Project in eastern Oregon. Paramount CEO Glen van Treek commented: “The approval of these studies endorses the fact that we have an ideal location for mining. Our progress through the permitting process reflects the supportive bill passed by the Oregon legislature in 2015, which states that mining operations should be encouraged and supported in Eastern Oregon.” The approval and acceptance of the Terrestrial Vegetation report confirms that no threatened, endangered or sensitive species listed by the Federal and State governments including the Bureau of Land Management were observed during the baseline field surveys. The Oregon Natural Heritage Plans Area report evaluated the project and surrounding areas to determine if there were any high quality native ecosystems and rare plant and animal species. The approval and acceptance of this report confirms that there will be no disruption of natural heritage areas by the proposed mine. “The timely approvals of these baseline reports reinforce both the collaborative nature of the process and the relationship that we have established with the DOGAMI,” Van Treek added. A summary of all baseline data reports to date for the Grassy Mountain gold project are as follows: 14 of the 23 baseline reports have been approved and accepted; 4 additional reports have been submitted to the DOGAMI with approval and acceptance pending; 4 reports are currently being completed by Paramount, with submission to follow; and The mined land reclamation baseline report, the final report, will be filed as part of the Consolidated Permit Application. To stay informed of future press releases, subscribe to our E-Alerts Program and to learn more about our projects visit the projects section of our website. About Paramount Gold Nevada Corp.Paramount Gold Nevada is a U.S. based precious metals exploration and development company. Paramount’s strategy is to create shareholder value through explor...