The business of defense

The Growth OfficersGet the Weekly
Monday, November 9, 2026

Company

Perpetua Resources Corp.

Perpetua Resources explores, restores and redevelops gold-antimony-silver deposits in the Stibnite-Yellow Pine district of central Idaho. ↗

HeadquartersBoise, ID ↗
LeadershipJon Cherry, President & CEO ↗; Mark Murchison, CFO ↗
Department of War obligations$59 million in prime contracts since fiscal 2022 ↗
OwnershipPublic (Nasdaq: PPTA / TSX: PPTA) ↗

Products

  • The Stibnite Gold Project in central Idaho is Perpetua's flagship project and holds the only identified domestic reserve of antimony in the United States. ↗

Customers

  • The U.S. Army awarded Perpetua a 36-month, $40 million cost-share award through the Defense Ordnance Technology Consortium to evaluate producing tungsten concentrate at Stibnite. ↗
  • The U.S. Army and Perpetua have partnered since 2022 to study antimony from the Stibnite Gold Project, including a pilot-scale processing plant at Idaho National Laboratory. ↗
  • The Department of War has awarded Perpetua $59.2 million in Defense Production Act Title III grants from 2022 to 2025 for permitting and initial design of the Stibnite Gold Project. ↗
  • The Export-Import Bank of the United States board approved a $2.9 billion project finance loan for the Stibnite Gold Project in May 2026. ↗

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