regulatory
confidence high
sentiment positive
materiality 0.85
Perpetua receives final federal permit for Stibnite Gold Project; files $2B EXIM application; gets $6.9M DoD funding
PERPETUA RESOURCES CORP.
- US Army Corps of Engineers issued Clean Water Act Section 404 permit on May 19, 2025, final federal permit needed for Stibnite Gold Project.
- Submitted formal application to EXIM for up to $2.0B debt financing, up from $1.8B LOI, reflecting increased job-years estimate.
- Wholly-owned subsidiary awarded up to $6.9M additional DoD funding via DOTC, total OTIA funding up to $22.4M for antimony trisulfide testing and pilot plant expansion.
- Performance period extended through end of 2026; company now focuses on remaining state permits and securing project financing.
item 8.01