Paramount Gold Nevada Corp. Announces BLM's Draft Environmental Impact Statement

Friday, Aug 8, 2025 8:53 am ET1min read
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Paramount Gold Nevada Corp. announces the release of the draft Environmental Impact Statement (DEIS) for its Grassy Mountain gold project in Oregon. The DEIS evaluates potential environmental impacts and outlines mitigation measures. The public comment period is open for 30 days, and a public meeting is scheduled for August 19th via Zoom. The DEIS is available for download on the BLM's permitting dashboard.

Paramount Gold Nevada Corp. (NYSE American: PZG) has announced the release of the draft Environmental Impact Statement (DEIS) for its Grassy Mountain gold project in Malheur County, Oregon. The DEIS, released by the U.S. Bureau of Land Management (BLM), evaluates the potential environmental impacts of the proposed mine and outlines measures to mitigate those impacts.

The DEIS is now available for public review and comment. The public comment period lasts for 30 days, concluding on September 7, 2025. A public meeting is scheduled for August 19th from 5:00 to 7:00 PM Mountain Time, accessible via Zoom [Zoom Link].

The DEIS can be downloaded from the BLM’s permitting dashboard at e-planning and FAST-41. Additional information on the Grassy Mountain permitting process is available at www.grassymountaingold.com.

Following the public comment period, the BLM is scheduled to publish the Final EIS in December 2025, concurrently with the Federal Record of Decision (ROD), marking the completion of the Federal permitting process.

Paramount Gold Nevada Corp. is a U.S.-based precious metals exploration and development company. The Grassy Mountain Gold Project, which consists of approximately 8,200 acres located on private and BLM land, contains a gold-silver deposit. The project has completed a positive Feasibility Study and achieved key permitting milestones.

The Sleeper Gold Project in Northern Nevada and the Bald Peak Project in Nevada are also part of Paramount’s portfolio. The company aims to create shareholder value through the exploration and development of its mineral properties, either by selling assets to established producers, entering joint ventures, or constructing and operating mines for its own account.

This release and related documents may include forward-looking statements, which are subject to risks and uncertainties, including environmental matters, permitting requirements, and global public health crises. For more information, refer to Paramount’s disclosures as filed with the SEC and other regulatory agencies.

References:
[1] https://www.globenewswire.com/news-release/2025/08/08/3130153/0/en/BLM-Releases-Draft-EIS-for-the-Grassy-Mountain-Gold-Project.html

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