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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Post by James54on Mar 07, 2017 3:06pm

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Post# 25945881

John Kaiser on Midas

Midas Gold – Midas has the Stibnite project in Idaho. It was an old mine that was mined for antimony and tungsten and later gold… total disaster from a reclamation point of view. Midas has put together a plan to mine gold and antimony. At $1200 gold it does not really work but at $1600 gold it is well worth putting into production. They raised $55 million last year and are doing more infill drilling. and going through the permitting. The big public debate is will anything ever get permitted in Idaho.. and how long will that take? Antimony is used as a flame retardant and its demand tracks economic growth.

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