Make Kitco Your Homepage

Paramount Gold Nevada receives drill permit

Kitco News

Paramount Gold Nevada ((NYSE American: PZG)) said yesterday that it received all required permits to conduct exploratory drilling at the Frost Project in Eastern Oregon.

Frost is comprised of 84 unpatented lode claims covering approximately 1,730 acres located 12 miles southwest of the Company’s proposed high-grade, underground Grassy Mountain gold mine in Malheur County, Oregon.

Paramount CEO Rachel Goldman said her team looks forward to getting to work.

“Our team is excited to undertake the upcoming drill program at Frost given the high-grade nature of the historic intercepts which yielded up to 25 g/T gold and 27 g/T silver but were never properly evaluated," said Goldman in a news release.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.