US Government authorises Perpetua Resources' Stibnite gold project [Yahoo! Finance]
Perpetua Resources Corp. - Common Shares (PPTA)
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Source: Yahoo! Finance
and is releasing a draft record of the decision approving the Stibnite gold project in Idaho. The company has stated that both documents will be made public in the US Federal Register on 6 September. As per the USFS timeline released in July 2024, the final record of the decision is expected to be issued by the end of this year. The project aims to improve environmental conditions at a neglected mine site while extracting gold and tapping into the sole reserve of antimony in the US. Perpetua's Stibnite project aims to become one of the most high-grade open-pit gold projects in the US. It holds an estimated 4.8 million ounces (moz) of gold reserves. According to a 2020 feasibility study, the project is set for annual production of more than 450,000oz of gold during its first four years, with all-in-sustaining costs of less than $450/oz. Jon Cherry, president and CEO of Perpetua Resources, said: “It is a win for Idaho, it is a win for the environment and it is a win for Americ
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PPTA
Earnings
- 11/13/24 - Beat
PPTA
Sec Filings
- 11/20/24 - Form 8-K
- 11/20/24 - Form 424B5
- 11/18/24 - Form 424B2
- PPTA's page on the SEC website