Perpetua Resources Corp T.PPTA

Alternate Symbol(s): PPTA

Metals & Mining Gold

Perpetua Resources Corp. is a development-stage company. The Company operates through mineral exploration in the United States segment. It is primarily engaged in acquiring mining properties with the intention of exploring, evaluating, and placing them into production if warranted. The Company’s principal business is the exploration and, if warranted and subject to receipt of required permitting, redevelopment, restoration and operation of the Stibnite Gold Project in Idaho, the United States. Its Stibnite Gold Project is located in central Idaho, the United States, which lies over 100 miles northeast of Boise, Idaho, over 38 miles east of McCall, Idaho, and approximately 10 miles east of Yellow Pine, Idaho. Its mineral Stibnite Gold Project contains gold, silver, and antimony mineral deposits. It focuses to explore, evaluate, and potentially redevelop three of the deposits known as the Hangar Flats Deposit, West End Deposit and Yellow Pine Deposit.

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Perpetua Resources Corp

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Comment by moreDDon Nov 08, 2013 5:31am

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Post# 21887597

RE:RE:RE:RE:RE:Mineral Resource Estimate for Golden Meadows Tailings

This is my take on things. I believe manegement is currently trying to boost economic s for the PFS...there are to many companies that published their PFS with crappy numbers and SP tanked hard... They are trying to scale back and maximize cost reductions of the PEA and lift the IRR above 30% at 1300 gold after tax...that means less ounces at a higher grade...mostly yellow pine...if they can manage to do so with 5 mil. ounces then great...if less not to bad...can allways find more high grade later....we really need robust project to move the SP...they know that...
and also they will need adittional 30 mil. later in 2014 for smoth transition into next phase of drilling and permitting...hope for the best...glta

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