BOISE, ID, May 13, 2024 /CNW/ - Perpetua Resources Corp. (NASDAQ:PPTA) (TSX:PPTA) ("Perpetua Resources" or "Perpetua" or the "Company") announced today that its unaudited condensed consolidated financial results for the period ended March 31, 2024 were filed. For details, please see the Company's filings available on EDGAR and SEDAR. Perpetua Resources' vision is to provide the U.S. with a domestic source of the critical mineral antimony, develop one of the largest and highest-grade open pit gold mines in the country and restore an abandoned brownfield site. Perpetua Resources is focused on advancing the permitting for the Stibnite Gold Project ("Stibnite Gold Project" or "Project") through the National Environmental Policy Act ("NEPA") process and construction readiness for the Project. First Quarter 2024 and other Recent Highlights: Zero lost time incidents or reportable environmental spills. Awarded additional funding of $34.4 million through modified Technology Investment Agreement ("TIA") under Title III of the Defense Production Act ("DPA"). Appointed mining veteran Jonathan Cherry as new President and CEO and as a Director. Appointed Jessica Largent, Chief Financial Officer, as a Director. Received $8.5 million in cash from Franco-Nevada Idaho Corporation through a new royalty agreement for net smelter return royalty on future payable silver production from the Project properties. Received indication for up to $1.8 billion financing from Export-Import Bank of the United States for the Stibnite Gold Project. Advanced constructability reviews, value engineering studies, and detailed engineering for the Burntlog Route, the Company's proposed access route. Continued power line detailed scoping and engineering with Idaho Power. Awarded Basic and Value Engineering Scope for the Stibnite Gold Project. "Perpetua Resources' accomplishments in the first quarter of 2024 demonstrate continued momentum as we advance the Stibnite Gold Project," said Jon Cherry, President and CEO of Perpetua Resources. "We recently were awarded additional funding of $34.4 million under the Defense Production Act as Perpetua continues to progress permitting and construction readiness activities. We complimented the additional funding through the monetization of our non-core future payable silver, and we received an indication for up to $1.8 billion in financing from U.S. EXIM. Looking forward, we are excited about the forthcoming Final Environmental Impact Statement and Draft Record of Decision, while we continue to focus on unlocking value for our stakeholders." About Perpetua Resources and the Stibnite Gold Project Perpetua Resources Corp., through its wholly owned subsidiaries, is focused on the exploration, site restoration and redevelopment of gold-antimony-silver deposits in the Stibnite-Yellow Pine district of central Idaho that are encompassed by the Stibnite Gold Project. The Project is one of the highest-grade, open pit gold deposits in the United States and is designed to apply a modern, responsible mining approach to restore an abandoned mine site and produce both gold and the only mined source of antimony in the United States. Further advancing Perpetua Resources' ESG and sustainable mining goals, the Project will be powered by one of the ...