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Company proposing gold mine to explore another site nearby


VALE
Still in the process of completing a consolidated permit to open a gold mine in Malheur County south of Vale, Paramount Gold Nevada Corp. has received permits to conduct exploratory drilling in the same area, but at a site called the Frost Project.
The permits were issued by the Bureau of Land Management, the Oregon Department of Geology and Mineral Industries and other agencies, a company statement said.
According to the company announcement, the Frost Project includes 84 unpatented lode claims over 1,730 acres. The location is 12 miles southwest of the company’s proposed underground Grassy Mountain gold mine.
“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 / gold and 27 g / silver but were never properly evaluated,” said Paramount CEO Rachel Goldman in a statement. ....

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