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Paramount Gold Executes Memorandum of Understanding With Regulators on Process to Permit its Grassy Mountain Gold Project in Oregon

WINNEMUCCA, NEVADA–(Marketwired – March 8, 2017) – Paramount Gold Nevada Corp. (NYSE MKT:PZG) (“Paramount”) announced today that it has entered into a Memorandum of Understanding (“MOU”) governing the preparation of a National Environmental Policy Act (“NEPA”) Analysis for its wholly-owned Grassy Mountain Gold Project in Oregon.