Paramount Gold Nevada: A Pivotal Approval Timeline Takes Shape

Paramount Gold Nevada US69924M1099

The coming months represent a critical juncture for Paramount Gold Nevada, as its flagship Grassy Mountain project in Oregon advances through key regulatory stages. While the company's shares have faced modest pressure recently, progress on the permitting front could signal a turning point.

A significant development occurred at the state level on December 8, when the Oregon Department of Geology and Mineral Industries (DOGAMI) released the draft consolidated permit package. This move is historic, as Grassy Mountain is the first mining project in Oregon's history to undergo this streamlined permitting framework. A public hearing on these draft permits is scheduled for January 29, 2026.

Federal Timeline Slightly Adjusted, Overall Schedule Intact

Concurrently, the federal approval process is moving forward. The U.S. Bureau of Land Management (BLM) is now set to issue the final Environmental Impact Statement (EIS) and the Record of Decision (ROD) in January 2026. This federal clearance is a crucial prerequisite for the potential development of the gold project. The company attributes the slight shift from a previously anticipated December 2025 date to the nationwide government shutdown and the holiday season, emphasizing that the overall project timeline remains unaffected.

Shareholders Endorse Governance at Annual Meeting

At the annual general meeting held on December 11, shareholders approved several agenda items. These included amendments to the stock option plan, the re-election of all seven directors, and the ratification of the independent auditor. As an exploration-stage company, Paramount Gold Nevada continues to report operational losses, with its strategy focused on creating shareholder value by advancing its mineral assets.

Strategic Decisions Ahead with Updated Study

The outlook for the first half of 2026 is defined by several concrete events. Beyond the outlined permitting milestones, Paramount Gold Nevada plans to release an updated feasibility study for Grassy Mountain. This study is intended to reflect current market conditions and the project's potential, providing a vital foundation for future strategic decisions. These could encompass a potential sale, a joint venture partnership, or independent development and operation of the project.