Jul. 27 at 11:32 PM
$PZG It appears there are two main issues that PZG, BLM and the State of Oregon are work on to get final approval on State Permits: The process is down to two substantive issues — the reclamation bond and wildlife mitigation.
Once those are resolved, the remaining steps are procedural and move toward permit issuance
A mine reclamation bond covers the full cost of restoring the site if the operator walks away—including earthwork, water treatment, revegetation, long‑term monitoring, and contingencies. For a project the size of Grassy Mountain, the typical range is
$20–
$40 million, depending on final closure design, water‑management obligations, and federal/state bonding rules. Annual bond‑carrying costs usually run 1–3% of the bond amount.
