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Paramount Gold Nevada to Present Results of the Grassy Mountain Pre-Feasibility Study to Oregon State Agencies
WINNEMUCCA, Nev., July 24, 2018 (GLOBE NEWSWIRE) -- Paramount Gold Nevada Corp. (NYSE American:PZG) ("Paramount”) announced today that it will provide a review
About this update from Paramount Gold Nevada Corp.
[{"type":"text","content":" WINNEMUCCA, Nev., July 24, 2018 (GLOBE NEWSWIRE) -- Paramount Gold Nevada Corp. (NYSE American:PZG) (\"Paramount”) announced today that it will provide a review of the recently completed Grassy Mountain Pre-Feasibility Study (“PFS”) to the Oregon Technical Review Team (“TRT”), which is led by the state’s Department of Geology and Mineral Industries (“DOGAMI”), on July 25, 2018 at the DOGAMI’s Portland offices. The TRT is an interdisciplinary team of all state agencies that review information related to a proposed mine during all phases of the application process, and ultimately develops consolidated permit conditions that conform to Oregon regulations. With the recent completion of the PFS for the proposed Grassy Mountain gold mine in Eastern, Oregon, the Company is focused on completing all of the baseline studies required as part of the Consolidated Permit Application which will be submitted to the DOGAMI. The TRT will review this application under Oregon’s regulations, known as Division 37, which govern the chemical mining process. Paramount CEO, Glen Van Treek stated: “A key objective of this meeting is to inform the TRT in more detail about the proposed underground gold mine operation which we plan to build and initiate preparedness for the upcoming submittal of the consolidated permit application.” A PDF version of the presentation will be available on the Paramount website. Additional information regarding the meeting may be found at Click Here. 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 exploring and developing its mineral properties and to realize this value for its shareholders in three ways: by selling its assets to established producers; entering into joint ventures with producers for construction and operation; or constructing and operating mines for its own account. Paramount owns 100% of the Grassy Mountain Gold Project which consists of approximately 9,300 acres located on private and BLM land in Malheur County, Oregon. The Grassy Mountain project contains a gold-silver deposit (100% located on private land) for which a PFS has been prepared and key permitting milestones accomplished. Additionally, Paramount owns a 100% interest in the Sleeper Gold Project located in Northe...