PZG – Paramount Gold Nevada receives drill permit

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.