Paramount Gold says BLM approves Grassy Mountain gold project plan of operations in Oregon
PZG•Bonding and regulatory process
A federal-state MOU sets joint holding of the financial guarantee by BLM and Oregon regulators, aimed at reducing duplicative bonding work.
Construction remains conditional on posting the financial guarantee, which would trigger the final decision letter and notice to proceed.
Next steps in Oregon permitting
Final Oregon state permits are expected later this year, following a draft permit package issued in December 2025.
BLM approves mine plan for Grassy Mountain
Paramount Gold Nevada won federal clearance for its Grassy Mountain gold project in Oregon, with the BLM signing off on the mine plan.
BLM concurred the February 2026 reclamation cost estimate is adequate for the current mine plan, setting the project’s bonding requirement.
