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Paramount Receives Acceptance for the Surface Water Baseline Data Report for Grassy Mountain Gold Project

Paramount Gold Nevada Corp. has announced the receipt of acceptance for the Surface Water Baseline Data Report (“BDR”) from the State Technical Review Team (TRT) for its projected underground Grassy Mountain gold project (“Grassy Mountain”) in Malheur County, Oregon.

This BDR acceptance, combined with the other sixteen previously accepted, and the recent filing of the Conditional Use Permit with Malheur County, further supports the positive momentum we have achieved with the Oregon regulators. We are well underway with the permitting process and are confident we are proceeding on the path towards approval for Grassy Mountain.

Glen van Treek, CEO, Paramount Gold Nevada Corp.

SPF Water Engineering completed the Surface Water BDR, which characterizes the baseline surface water conditions within the study area described in the Environmental Baseline Study Work Plan which the TRT sanctioned in September 2017. This BDR report was examined and approved by the TRT, which includes the following agencies of Oregon State: Oregon Department of Environmental Quality, Oregon Department of Fish and Wildlife, Oregon Water Resources Department, and Oregon Department of Geology and Mineral Industries.

The following is the outline of all baseline data reports for Grassy Mountain:

  • Out of the 23 baseline reports, the TRT has examined and approved 17 reports
  • One extra report has been submitted for which acceptance by the TRT is pending
  • Upon the request of the TRT, two reports are being updated and will be resubmitted
  • Two reports are presently being finished by Paramount, which will be followed by submission to the TRT
  • The final report, Mined Land Reclamation BDR, will be filed as part of the Consolidated Permit Application expected later this year

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