News & Events zu Perpetua Resources Corp (PPTA)PPTAPerpetua Resources Corp

Perpetua Resources Updates Stibnite Gold Project Progress

Perpetua Resources provided an update on construction and exploration progress at its Stibnite Gold Project in central Idaho. With federal approvals secured in 2025 and early works and critical path construction activities continuing through the summer and into the fall, the Company is pleased to share recent progress with stakeholders. Work on Burntlog Route, the year-round access road that will serve the Project, ramped up through the summer field season. Crews advanced construction along the alignment, including removal of dead timber left by past wildfires ahead of earthworks. Following this initial work, excavators and haul trucks advanced pioneer roadwork, cutting and shaping the road surface and hauling excavated material to designated placement areas. Once complete, Burntlog Route will provide Perpetua with an expanded and upgraded road capable of handling larger loads and equipment. In late August, the Worker Housing Facility civil works were completed, and foundation installation began in preparation for placement and erection of the camp modules. Treated wood foundations are currently being installed to support the kitchen, dining, and recreation modules, while the Triodetic metal foundation will support the dormitory buildings and the arctic corridor connecting the facility. Powerline upgrades are important for project development, as the upgraded line will deliver the required grid power needed to run the Project's processing facility and site operations. Working closely with its partners at Idaho Power Co., Perpetua is well advanced in procuring key equipment and materials. Long-lead power items such as substations and transformers have also been ordered to ensure timely delivery. Essential items such as power poles and ancillary equipment have been procured and delivered to Perpetua's laydown areas in Donnelly and Cascade, Idaho. Drilling continues at several targets at Stibnite, including the Clark Tunnel Fault Zone (CTFZ), Fiddle, Scout, and Hangar Flats. Exploration success to date has warranted an expansion of the previously defined 10,000-meter program, which surpassed that mark in August and will continue into the fall season. To support the expanded program, Perpetua upgraded on-site core cutting and preparation facilities in the summer and has begun assaying completed drill holes. Located on the northeastern limits of the Yellow Pine permitted pit, the CTFZ was prioritized for drilling after significant near-surface gold grades were encountered in initial drilling. In addition to robust gold grades, the Company also identified tungsten mineralization at the CTFZ, which further supports Perpetua's expanding critical mineral endowment. Follow-up drilling has focused on further defining this zone with five holes, or 1,900 meters completed at the end of August. As noted previously, the presence of scheelite, a tungsten-bearing mineral, continues to be observed in subsequent drill core. Simple testing for scheelite is performed using black lights, which cause scheelite to fluoresce, as seen in the image below. On the southern end of the permitted Yellow Pine pit, step-out drilling continues to evaluate lateral and depth extensions of known mineralization. This work includes drill testing the Fiddle target, which Perpetua's induced polarization studies have identified as prospective for gold and antimony. In total, eight holes totaling 2,400 meters were completed by the end of August with an additional two holes in progress. At the Scout target, fifteen holes totaling 2,300 meters were completed through the end of August, with a total of 21 holes planned for the season. Scout was previously drilled in 2013, and assays identified significant gold-antimony mineralization. An exploration decline to access this trend was approved in the Project's U.S. Forest Service Record of Decision.

Perpetua Resources and U.S. Army Open New Antimony Processing Plant

Perpetua Resources, the U.S. Army and Idaho National Laboratory, managed by Battelle Energy Alliance, announced the opening of a new modular mineral processing plant. The pilot plant is designed to demonstrate and help establish a secure, end-to-end domestic supply chain for antimony, a critical mineral essential to U.S. national security. Located at the INL in Idaho Falls, the modular mineral pilot plant is designed to utilize antimony samples from Perpetua's Stibnite Gold Project in central Idaho with the goal of demonstrating how to process high-quality antimony trisulfide for use in specialized military and industrial applications. The pilot plant is the culmination of a multi-year collaboration between the U.S. Army via the Defense Ordnance Technology Consortium and Perpetua Resources to advance a fully domestic, "ground-to-round" antimony supply chain. The facility also has the potential to support future processing of additional critical minerals.

Stock Futures Edge Higher, IMAX Shares Up 14%

Stock futures edged higher Friday morning as markets headed toward a weekly gain despite continued volatility. Treasury yields have eased, lifting megacaps and chip stocks, though markets continue to be on watch for signs of a breakthrough in negotiations to end the war in Iran.In pre-market trading, S&P 500 futures increased 0.35%, Nasdaq 100 futures were up 0.38% and Dow futures gained 0.60%.Check out this morning's top movers from around Wall Street, compiled by The Fly.HIGHER -Imaxup 14% following a WSJ report that the company is considering a saleEstee Lauderup 12% after the company and Puigconfirmed that they have ended talks about a potential combinationMerckup 3% after its treatment for lung cancer in partnership with Chinese-based Kelun-Biotech cut tumor progression risk by 65% in a Phase 3 studyPerpetua Resourcesup 8% after the company announced that it has secured a $2.9B loan from the U.S. Export-Import BankSweetgreenup 9% after being upgraded at JPMorgan on its ramping brand transformationUP AFTER EARNINGS -Ross Storesup 5%Workdayup 7%Zoom Communicationsup 8%Take-Twoup 4%Booz Allenup 4%DOWN AFTER EARNINGS -Deckers Outdoordown 3%LOWER -Futudown 38% after Reuters reported that China is launching a crackdown on illegal cross-border securities trading