Sign in Subscribe
Gold mining

Grassy Mountain Gold Project Selected for US Government FAST-41 Program

Strategic Insights

— 2 min read

The Grassy Mountain gold project in Malheur County, Oregon, has been selected for inclusion in the federal government's FAST-41 program. As a result, the project is entitled to comprehensive permitting timetables and transparent, collaborative management of those timetables on the Federal Permitting Dashboard. Paramount Gold Nevada Corp., the project's developer, welcomes the inclusion and looks forward to continued collaboration with federal and state agencies.

Key Takeaways:

  • The Grassy Mountain gold project has been selected for inclusion in the federal government's FAST-41 program, which provides comprehensive permitting timetables and transparent, collaborative management of those timetables.
  • The project, located in Malheur County, Oregon, consists of approximately 8,200 acres on private and BLM land.
  • Paramount Gold Nevada Corp., the project's developer, has a 100% interest in the project and its two other projects, Sleeper and Bald Peak.
  • The Grassy Mountain project has a gold-silver deposit for which results of a positive Feasibility Study have been released, and key permitting milestones have been accomplished.
  • The FAST-41 program provides a comprehensive permitting timetable and transparent, collaborative management of those timetables on the Federal Permitting Dashboard.
  • Paramount Gold Nevada Corp.'s CEO and director, Rachel Goldman, stated that the company appreciates having Grassy included in the FAST-41 program and looks forward to continued collaboration with federal and state agencies.
  • The company's strategy is to create shareholder value through exploring and developing its mineral properties and realizing this value through selling its assets to established producers, entering joint ventures, or constructing and operating mines for its own account.
  • Paramount holds a 100% interest in three projects: Grassy Mountain; Sleeper and Bald Peak.

Statistics:

  • 8,200 acres: The total size of the Grassy Mountain gold project.
  • 100%: Paramount Gold Nevada Corp.'s interest in the Grassy Mountain project and its two other projects, Sleeper and Bald Peak.
  • 44,917 acres: The total size of the Sleeper Gold Project, which includes the former producing Sleeper mine.
  • 2,260 acres: The size of the drill-ready Bald Peak Project in Nevada.
  • 2,474 unpatented mining claims: The total number of claims included in the Sleeper Gold Project.
  • 44.917 million+: The approximate number of acres included in the Sleeper Gold Project.

Sources:

  • GlobeNewswire, "Grassy Mountain Gold Project Selected for US Government FAST-41 Program," May 05, 2025
  • Paramount Gold Nevada Corp., Press Release, "Paramount Gold Nevada Corp. Announces Positive Feasibility Study Results for Grassy Mountain Gold Project," January 24, 2023
  • Paramount Gold Nevada Corp., Press Release, "Paramount Gold Nevada Corp. Announces Increase in Mineral Resources for Grassy Mountain Gold Project," November 9, 2022

Read more