Perpetua Resources Corp (PPTA)

The Metal You've Never Heard Of Is Becoming a National-Security Priority -- and America Barely Mines ItJune 12, 2026 10:20 AM
PR Newswire (Canada) Issued on behalf of NevGold Corp.Antimony goes into ammunition, flame retardants, and next-generation batteries — and the United States produces almost none of it. A wave of capital is now chasing the few companies that could change that.ELKO COUNTY, Nev., June 12, 2026 /CNW/ -- American News Group News Commentary — Gold gets the headlines. Antimony gets the strategic memos. While investors spent the past two years watching bullion set records, a far more obscure metal quietly became one of the most geopolitically charged materials on the periodic table. Antimony is essential to military ordnance, flame retardants, semiconductors, and a new generation of grid-scale batteries — and the United States, by most accounts, mines effectively none of it domestically while leaning on imports from countries that have shown a willingness to use that dependence as leverage. That combination, scarcity plus strategic necessity, has turned a once-overlooked byproduct metal into a national priority, and it is reshaping how investors look at a small group of North American developers. Among the companies stepping into that gap is NevGold Corp. (TSXV: NAU) (OTCQX: NAUFF) (Frankfurt: 5E50), a Vancouver-based exploration and development company whose flagship Limousine Butte project in eastern Nevada has, over the past year, transformed from a gold story into a gold-and-antimony story — and, increasingly, into a bet on whether America can rebuild a domestic supply chain for a metal it has almost entirely outsourced. The trajectory of NevGold's field, and of the company's own positioning within it, is a window into one of the most under-appreciated corners of the critical-minerals boom.Why Antimony Suddenly MattersFor decades, antimony was treated as an industrial afterthought — a metal used to harden lead, retard flames, and clarify glass, sourced cheaply from abroad and rarely discussed. That complacency ended abruptly when the metal's supply chain collided with geopolitics. China dominates global antimony production and processing, and when export controls tightened, Western governments were confronted with an uncomfortable reality: a material critical to defense and energy applications was overwhelmingly controlled by a single strategic rival. The United States formally classifies antimony as a critical mineral, and its applications read like a list of national-security priorities — ammunition and military hardware, night-vision and infrared, flame retardants, and emerging long-duration energy storage.The result has been a scramble to rebuild domestic and allied supply. The clearest signal came in May 2026, when Perpetua Resources secured an approximately US$2.9 billion senior secured loan from the Export-Import Bank of the United States under the "Make More in America" initiative to advance its Stibnite gold-antimony project in Idaho — a project widely described as the only large-scale domestic antimony resource. When the U.S. government commits billions to a single antimony project, it is making a statement about how seriously it now treats the supply gap. And it casts a spotlight on every other company with a credible domestic antimony story, because one project alone cannot close the gap.NevGold's Place in the PictureNevGold's flagship Limousine Butte, or "Limo Butte," sits in White Pine County in eastern Nevada — a brownfield site that hosted a previously mined open-pit, heap-leach gold operation in the late 1980s. That history is central to the company's pitch. Because the site was mined before, it comes with existing disturbance and infrastructure, and crucially, with historical gold leach pads whose material was never processed for antimony. NevGold believes that at-surface, already-mined material could offer an unusually fast path to antimony output, and the company has publicly targeted potential near-term U.S. antimony production within roughly 12 to 18 months, ahead of the multi-year timelines that typically govern new mines.The technical results have supported the thesis. NevGold has reported high-grade, near-surface oxide antimony-gold intercepts — including a headline interval of 1.93 grams per tonne gold-equivalent over 100.6 metres from surface at its Resurrection Ridge area, and a separate hole grading 4.91 g/t gold-equivalent over 27.4 metres — and metallurgical testwork indicating that antimony and gold can be sequentially recovered from the same feed stream, with gold recoveries above 93% after antimony leaching. CEO Brandon Bonifacio has framed Limo Butte as one of the highest-grade antimony projects in North America that is both near-surface and oxide, attributes that tend to simplify processing. The company is advancing toward a maiden antimony-gold mineral resource estimate expected in mid-2026 — a milestone that would, for the first time, put defined numbers around the opportunity.*Gold equivalents ("AuEq") referenced herein are as disclosed in the Company's news release and are based on assumed metals prices of US$3,000/oz of gold and US$40,000 per tonne of antimony, and assumed metals recoveries of 80% for gold and 75% for antimony.Behind that work sits a strengthened balance sheet. In the spring of 2026, NevGold upsized a brokered private placement to C$42 million, providing capital to fund a 20,000-metre drill program focused on resource conversion, expansion of its 2025 Bullet Zone and Armory Fault discoveries, and new targets across a consolidated land package. For a junior explorer, a well-funded treasury paired with a clear catalyst calendar is exactly what allows a strategic thesis to be tested rather than merely talked about.The Field NevGold Is Competing InNevGold is one of a cohort of companies racing to build Western-aligned supply for critical and precious metals, and looking at how a few peers are positioned helps frame both the opportunity and the scale of the challenge.Perpetua Resources Corp. (NASDAQ: PPTA) (TSX: PPTA) is the defining reference point for the domestic-antimony thesis. Its Stibnite project in Idaho — a dual gold-and-antimony asset — secured an approximately US$2.9 billion EXIM loan in 2026 and is positioned as the flagship of America's antimony-reshoring effort. Perpetua operates at a scale and stage well beyond NevGold, but it validates the entire category: it demonstrates that the U.S. government is prepared to back domestic antimony with serious capital, which is precisely the tailwind a near-term developer like NevGold is trying to ride.United States Antimony Corporation (NYSE American: UAMY) is one of the few public companies with a long operating history specifically in antimony processing, running smelting and processing operations in North America. As an established, antimony-focused name, it illustrates the downstream side of the supply chain — the processing and refining capacity that any domestic antimony revival will ultimately need — and underscores that the bottleneck is not only mining but the ability to turn ore into usable product on home soil.Americas Gold and Silver Corporation (NYSE American: USAS) (TSX: USA) represents the producing end of the domestic-antimony story. A growing North American silver, copper, and antimony producer, its flagship Galena Complex in Idaho is described as the largest active antimony-producing mine in the United States, and in 2026 the company formed a joint venture with United States Antimony to build a domestic antimony processing hub — a "mine-to-finished product" solution — while reporting a breakthrough in high-purity antimony extraction from its concentrate. As an established producer already generating U.S. antimony units, Americas Gold and Silver illustrates the production-stage end of the spectrum that an earlier-stage developer like NevGold is working toward.Almonty Industries Inc. (NASDAQ: ALM) (TSX: AII) rounds out the group as the tungsten-focused analogue — another China-dominated critical metal with heavy defense exposure. Almonty's move from development into production at its flagship mine, and the strong investor response to Western critical-metal supply stories, offers a template for how a single-commodity, supply-security narrative can re-rate as it crosses from exploration toward output. These companies are referenced to illustrate the sector and do not imply any partnership, endorsement, affiliation, or comparable financial performance; they span different metals, stages, and sizes, and NevGold sits among the earlier-stage, pre-resource names.Gold as the Anchor, Antimony as the CatalystIt would be a mistake to read NevGold purely as an antimony story. The company's projects are anchored in gold — a metal enjoying its own historic run — and the oxide, heap-leachable nature of much of Limo Butte's mineralization is what makes the economics potentially attractive in the first place. The elegance of the thesis is that antimony does not replace the gold case; it layers a strategic, policy-supported second metal on top of it. In an environment where investors prize both precious-metal exposure and critical-mineral leverage, a project that credibly offers both occupies unusually attractive ground.That said, the usual cautions for a junior developer apply in full. NevGold is an exploration and development company; it does not yet have a defined antimony-gold resource, its near-term production ambitions depend on successful metallurgy, engineering, and permitting, and exploration outcomes are inherently uncertain. Drill results, however encouraging, are not reserves, and timelines can slip. The forward-looking nature of the company's production targets means investors should weigh the strategic appeal against meaningful execution risk.A Sector at an Inflection PointStep back, and the larger trajectory is hard to miss. A metal that almost no one discussed five years ago is now the subject of billion-dollar government loans, export-control headlines, and a scramble for domestic supply. The question facing the sector is no longer whether antimony matters — policymakers have answered that — but which companies can actually deliver domestic ounces and tonnes, and how quickly. NevGold has placed itself in that conversation with a near-surface, oxide, brownfield project, a funded drill program, and a maiden resource estimate on the horizon. Whether it converts that positioning into production remains to be proven, but the current carrying the sector is unmistakable: the United States has decided it needs to make more of this overlooked metal at home, and the developers positioned to help are stepping into one of the more compelling supply-security stories in the market.CONTINUED … Learn more about NevGold Corp. at: https://usanewsgroup.com/nau-landing/SEE WHAT THE MARKET IS TALKING ABOUT BEFORE IT MOVESEagle Eye reads social, forum, and news chatter across thousands of investor conversations in real time — and surfaces the tickers the crowd is piling into, along with the sentiment and catalysts behind them.Explore Eagle Eye free (for now) at https://Eagle-Eye.devCONTACT:
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info@americannewsgroup.com SOURCES:[1] NevGold Corp. — "NevGold Congratulates Perpetua Resources On US$2.9 Billion Loan…; NevGold Rapidly Advancing its At-Surface Oxide, Antimony-Gold Limo Butte Project" (GlobeNewswire, May 22, 2026; near-term production target, antimony supply-chain context, CEO Bonifacio):https://www.globenewswire.com/news-release/2026/05/22/3300290/0/en/NevGold-Congratulates-Perpetua-Resources-On-US-2-9-Billion-Loan-for-the-Gold-Antimony-Stibnite-Project-in-Idaho-NevGold-Rapidly-Advancing-its-At-Surface-Oxide-Antimony-Gold-Limo-Bu.html[2] NevGold Corp. / TipRanks — "NevGold Advances Limousine Butte Toward Maiden Antimony-Gold Resource and Near-Term Output" (April 9, 2026; Resurrection Ridge intercept, MRE timing, critical-mineral framing):https://www.tipranks.com/news/company-announcements/nevgold-advances-limousine-butte-toward-maiden-antimony-gold-resource-and-near-term-output[3] NevGold Corp. — "NevGold Commences 20,000 Meter Drill Program at Antimony-Gold Limo Butte Project" (GlobeNewswire, May 21, 2026; drill program, Bullet Zone / Armory Fault):https://www.globenewswire.com/news-release/2026/05/21/3299234/0/en/NevGold-Commences-20-000-Meter-Drill-Program-at-Antimony-Gold-Limo-Butte-Project-Nevada-Streamlined-Focus-on-Resource-Building-Expansion-and-New-Discoveries.html[4] GlobeNewswire — "A Nevada Antimony-Gold Project, A Maiden Mineral Resource Estimate Coming, And C$42M In The Treasury" (May 13, 2026; C$42M financing, metallurgy, company profile):https://www.globenewswire.com/news-release/2026/05/13/3294281/0/en/A-Nevada-Antimony-Gold-Project-A-Maiden-Mineral-Resource-Estimate-Coming-And-C-42M-In-The-Treasury.html[5] Resource World — "Nevgold eyes gold-antimony resource estimate in Nevada" (March 2026; LB25-024 intercept, brownfield/oxide profile, peer context):https://resourceworld.com/nevgold-eyes-gold-antimony-resource-estimate-in-nevada/DISCLAIMER:Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a digital media distribution and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances.American News Group is a wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). This article is being distributed by American News Group on behalf of MIQ. MIQ has been paid a fee for NevGold Corp. advertising and digital media from Creative Direct Marketing Group ("CDMG"). This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this article or email as the basis for any investment decision. MIQ does not own shares of NevGold Corp. but reserves the right to buy and sell shares of NevGold Corp. at any time without any further notice. There may be 3rd parties who may have shares of NevGold Corp., and may liquidate their shares which could have a negative effect on the price of the stock. We also expect further compensation as an ongoing digital media effort to increase visibility for the company; no further notice will be given, but let this disclaimer serve as notice that all material disseminated by MIQ has been reviewed and approved on behalf of NevGold Corp. by CDMG; this is a digital media distribution.While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our publication is not trustworthy unless verified by their own independent research. Comparisons to other companies referenced in this publication are for contextual and illustrative purposes only and do not imply any partnership, endorsement, affiliation, or comparable financial performance. Forward-looking statements regarding exploration, development, clinical, regulatory, production, and market outcomes are subject to risks and uncertainties, and actual results may differ materially. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment. View original content to download multimedia:https://www.prnewswire.com/news-releases/the-metal-youve-never-heard-of-is-becoming-a-national-security-priority--and-america-barely-mines-it-302799131.html Original: The Metal You've Never Heard Of Is Becoming a National-Security Priority -- and America Barely Mines It

Perpetua Resources Reports Results of 2026 Annual MeetingJune 5, 2026 5:34 PM
PR Newswire (Canada) BOISE, Idaho, June 5, 2026 /CNW/ - Perpetua Resources Corp. (Nasdaq: PPTA) (TSX: PPTA) ("Perpetua Resources" or "Perpetua" or the "Company") today announced the results of its annual general meeting (the "Annual Meeting"), which was held online through a virtual meeting platform on June 4, 2026.A total of 100,523,482 common shares were represented at the Annual Meeting, or 80.35% of the votes attached to all outstanding shares at the Company's record date of April 8, 2026. The Company's shareholders voted for the election of all director nominees listed in the Company's management information proxy circular. Detailed results of the vote for the election of directors are as follows: Name of NomineeVotes ForVotes WithheldAbstentionsTotal Votes*Percentage of
Votes For*Percentage of
Votes Withheld*Percentage of Votes
Abstained*Marcelo Kim72,595,98811,973,401135,14884,569,38985.84 %14.16 %0.16 %Christopher Robison82,656,8251,912,537121,87684,569,38997.74 %2.26 %0.14 %Alexander Sternhell84,171,419397,97074,34684,569,38999.53 %0.47 %0.09 %Robert Dean83,609,269960,12069,99084,569,38998.86 %1.14 %0.08 %Andrew Cole84,259,071310,31865,93084,569,38999.63 %0.37 %0.08 %Richie Haddock83,611,367958,02272,97384,569,38998.87 %1.13 %0.09 %Laura Dove83,776,106793,28383,19384,569,38999.06 %0.94 %0.10 %Jeffrey Malmen84,286,363283,02664,78184,569,38999.67 %0.33 %0.08 %Jonathan Cherry84,410,663158,72664,75384,569,38999.81 %0.19 %0.08 %* Not all shares were voted in respect of all resolutions therefore the combined number of shares voted for or withheld (and corresponding percentages) may not add up to the total shares represented at the Annual Meeting.The directors were elected to hold offices until the next annual meeting of shareholders or until their respective successors are elected and qualified. The Company's shareholders also approved setting the number of directors at nine (99.73% voted in favor).The Company's shareholders also ratified the appointment of PricewaterhouseCoopers LLP, Chartered Accountants, as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2026 at a remuneration to be set by the directors (99.84% voted in favor, 0.05% voted against, and 0.11% abstained).  The proposal to approve the Company's 2026 Equity Incentive Plan was also approved by shareholders (98.93% voted in favor).Detailed voting results for the meeting will be available on EDGAR at www.sec.com. 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. The Stibnite Gold Project is one of the highest grade, open pit gold deposits in the United States and holds the only identified domestic reserve of the critical mineral antimony, which is essential to the defense, energy, and manufacturing sectors. The Project is designed to apply a modern, responsible mining approach to restore an abandoned mine site and provide uplift to water quality, improve fish habitat access, and invest in river restoration while supporting local economic development in rural Idaho. View original content:https://www.prnewswire.com/news-releases/perpetua-resources-reports-results-of-2026-annual-meeting-302793109.htmlSOURCE Perpetua Resources Corp. Original: Perpetua Resources Reports Results of 2026 Annual Meeting

Perpetua Resources Advances Construction of the Stibnite Gold ProjectJune 1, 2026 7:30 AM
PR Newswire (US) Construction ramps up as Idaho Federal Court rejects efforts to stop critical path activities Company commences Burntlog Route constructionCritical-path activities target on-time delivery of antimony for U.S. defense interests.BOISE, Idaho , June 1, 2026 /PRNewswire/ - Perpetua Resources Corp. (Nasdaq: PPTA) (TSX: PPTA) ("Perpetua Resources" or the "Company") announced today that the Stibnite Gold Project ("Project") continues to advance previously planned critical path construction and infrastructure activities following the May 29 decision by the United States District Court of Idaho denying the Project opponents' motion for a preliminary injunction related to a lawsuit filed in 2025 by special interest groups. In the decision, the Court found that the Plaintiffs failed to show that the planned activities would cause the Plaintiffs irreparable harm. On Saturday, May 30, Perpetua commenced additional critical path construction activities for the 2026 field season, including initial work associated with the Burntlog Route, a key infrastructure project designed to support safe and efficient access to the Project site while minimizing impacts to nearby communities and sensitive environmental areas. These road upgrades will continue in parallel with additional planned construction of on-site worker housing facilities, selected powerline upgrades, and approved exploration and geotechnical drilling. This new activity builds upon the early works construction Perpetua began in October 2025 and is focused on maintaining construction schedule for 2029 operations and delivery of urgently needed antimony to the United States military. "We are focused on responsibly advancing the Project and executing on the important work ahead of us," said Jon Cherry, President and CEO of Perpetua Resources. "This construction season is narrow and important to advance major infrastructure for the on-time delivery of antimony to support demand from the U.S. military. We also are pleased to continue with important environmental restoration and our commitment to economic development in Idaho."The Stibnite Gold Project is designed to redevelop and rehabilitate the abandoned Stibnite mining district, which was largely mined for antimony and tungsten during World War II and the Korean War. The approved project includes extensive environmental restoration measures intended to improve water quality, remove legacy mine waste, reconnect fish habitat, and restore streams and wetlands within the Project area.Following years of evaluation of alternatives and study of potential environmental impacts, the U.S. Forest Service identified the Burntlog Route as the preferred access road after determining it provides safer travel, limits proximity to sensitive water ways, and reduces impacts on the environment and residents and recreationalists. Perpetua has also placed financial assurances approved by federal and state agencies to ensure reclamation of construction-related impacts.The U.S. Department of War has identified the Stibnite Gold Project as the only U.S. mine that would be capable of producing antimony volumes sufficient to meet defense demand by 2029. Antimony from the Stibnite Gold Project also provides a domestic source to support growing commercial demand for antimony. Perpetua's planned construction activities for this construction season target critical items that must be completed in order to keep development on track to commence gold and antimony production in 2029.In preparation for the summer construction season, Perpetua Resources has engaged local contractors and service providers to support initial construction activities. These contracts represent approximately $45 million in direct work expected for businesses and communities across Idaho. Website: www.perpetuaresources.com About Perpetua Resources and the Stibnite Gold ProjectPerpetua 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. The Stibnite Gold Project is one of the highest grade, open pit gold deposits in the United States and holds the only identified domestic reserve of the critical mineral antimony, which is essential to the defense, energy, and manufacturing sectors. The Project is designed to apply a modern, responsible mining approach to restore an abandoned mine site and provide uplift to water quality, improve fish habitat access, and invest in river restoration while supporting local economic development in rural Idaho. FORWARD-LOOKING INFORMATIONInvestors should be aware that The United States District Court's decision denying the motion for a preliminary injunction is not a final decision on the ongoing lawsuit filed by the plaintiffs in this case and the decision could be appealed.  Information and statements contained in this news release that are not historical facts are "forward-looking information" or "forward-looking statements" (collectively, "Forward-Looking Information") within the meaning of applicable Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. We use words such as "may," "would," "could," "should," "will," "likely," "expect," "anticipate," "believe," "intend," "plan," "potential," "forecast," "outlook," "project," "estimate" and similar expressions suggesting future outcomes or events to identify forward-looking statements or forward-looking information. Forward-Looking Information includes, but is not limited to, disclosure regarding timing of anticipated milestones related to the Project and financing; our ability to comply with, obtain and defend permits related to the Project; the expected outcomes of the Project, including our mineral reserves and mineral resources; the expected defense and commercial demand for antimony and the Company's ability to supply it; our ability to successfully implement and fund the Project; and the occurrence of the expected benefits from the Project, including providing a domestic source of antimony, contributions to national security, creation of jobs as well as environmental and economic benefits.In preparing the Forward-Looking Information herein, the Company has applied several material assumptions, including, but not limited to, certain assumptions that the U.S. EXIM financing application will close and fund within the expected timeframe; that the Company's proposed financing will be successful and will be sufficient to finance permitting, pre-construction and construction of the Project or that the Company will be able to secure alternate financing if necessary; that no pending or future litigation will result in the loss of any material permits or material delay to the Project schedule or a material increase to Project costs; that the current exploration, development, environmental and other objectives concerning the Project can be achieved and that the Company's other corporate activities will proceed as expected; that general business and economic conditions will not change in a materially adverse manner and that permitting, construction and operations costs will not materially increase; that the Company will satisfy or will continue to satisfy the requirements of applicable permits and the requirements of various governmental approvals; and that the Company or applicable governmental agencies will be able to successfully defend against any challenges to governmental approvals for the planned exploration, construction, development, operation and environmental protection activities on the Project.Forward-Looking Information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the Forward-Looking Information. Such risks and other factors include, among others, risks related to unforeseen delays in the review and permitting process, including as a result of legal challenges to the ROD or other permits; risks related to opposition to the Project; risks related to increased or unexpected costs in development, construction, operations or the permitting process; risks that necessary financing will be unavailable when needed on acceptable terms, or at all; as well as those factors discussed in the Company's public filings with the U.S. Securities and Exchange Commission (the "SEC") and its Canadian disclosure record. Although the Company has attempted to identify important factors that could affect the Company and may cause actual actions, events or results to differ materially from those described in Forward-Looking Information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that Forward-Looking Information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Because it is not possible to predict or identify all such factors, this list cannot be considered a complete set of all potential risks or uncertainties. Accordingly, readers should not place undue reliance on Forward-Looking Information. For further information on these and other risks and uncertainties that may affect the Company's business and liquidity, see the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of the Company's filings with the SEC, which are available at www.sec.gov and with the Canadian securities regulators, which are available at www.sedar.com. Except as required by law, the Company expressly disclaims any obligation to update the Forward-Looking Information herein. View original content to download multimedia:https://www.prnewswire.com/news-releases/perpetua-resources-advances-construction-of-the-stibnite-gold-project-302787012.htmlSOURCE Perpetua Resources Corp. Original: Perpetua Resources Advances Construction of the Stibnite Gold Project

As America Pursues Mineral Independence, A US$2.9 Billion EXIM Loan Signals the Next Phase for Domestic Critical Mineral ProjectsMay 27, 2026 9:10 AM
PR Newswire (US) Issued on behalf of NevGold Corp.Washington's commitment to rebuilding a secure American antimony supply chain is creating renewed investor focus on advanced U.S. critical mineral projects — with multiple domestic developers, not just one, expected to be required to close the structural supply gap.NEW YORK, May 27, 2026 /PRNewswire/ -- USA News Group News Commentary — America's push to secure domestic critical mineral supply chains continues to accelerate as rising geopolitical tensions, trade disputes and strategic competition reshape global industrial priorities. At the center of that effort is a growing U.S. objective: reducing dependence on foreign-controlled critical mineral supply chains, particularly those tied to China. For years, China has played an outsized role across the global critical minerals ecosystem — mining, refining, processing and downstream supply chains tied to materials used in defense systems, advanced manufacturing, industrial technologies and energy infrastructure. As trade tensions, tariffs, export controls and broader economic competition between Washington and Beijing have intensified, concerns surrounding mineral security have moved squarely into focus. Critical minerals are no longer viewed strictly as industrial commodities; they are increasingly discussed through the lenses of national security, economic resilience and supply chain independence.That changing backdrop is creating renewed investor interest across the domestic critical minerals sector — and Washington just put a major exclamation point on it. On May 21, 2026, the Board of the Export-Import Bank of the United States ("EXIM") unanimously approved a US$2.9 billion senior secured long-term loan to support the development of Perpetua Resources Corp.'s (NASDAQ: PPTA) Stibnite Gold-Antimony Project in Idaho under EXIM's "Make More in America" Initiative. [1] The 13-year facility, combined with Perpetua's existing cash, is expected to fully fund direct construction of the project, which is designed to produce gold and the nation's only reported domestic reserve of the critical mineral antimony. [1]For investors following the space, the financing represents far more than support for a single asset. It reinforces a broader federal commitment to rebuilding American access to strategic mineral resources — and confirms that antimony, in particular, has moved from an industrial afterthought to a national security priority.But the investment narrative may extend well beyond one project alone.If the United States intends to meaningfully reduce reliance on foreign-controlled critical mineral supply chains, industry observers — and the U.S. government itself — suggest multiple domestic projects will ultimately be required. Even Perpetua's flagship Stibnite Project, large as it is, will not on its own close the structural antimony supply deficit facing American manufacturers and defense contractors.Why Antimony — and the Broader Critical Mineral Theme — Matters Right NowAntimony has emerged as a flashpoint in the broader critical mineral story for a simple reason: there is currently only one active antimony smelter in the United States, and China has historically dominated global supply of the metal, which is essential to ammunition primers, flame retardants, hardened lead alloys, and a wide range of defense applications. Geopolitical risk around that concentration has been escalating — even as China has signaled a temporary easing of certain antimony export measures, broader licensing controls and military-end-user restrictions remain in place, leaving Western buyers structurally exposed.That exposure is exactly what the EXIM loan was designed to begin addressing. As NevGold Corp. (TSXV: NAU) (OTCQX: NAUFF) (Frankfurt: 5E50) noted in its May 22, 2026 commentary on the Perpetua financing, "The US$2.9 billion EXIM commitment underscores the strategic importance of antimony and the need for multiple domestic sources to close the large supply deficit in the United States. Even with Stibnite moving toward production, the antimony supply gap remains substantial now and into the future." [2]That observation is drawing increasing attention toward emerging American resource developers advancing projects positioned within the critical minerals theme — particularly those with near-term production optionality rather than decade-long development timelines.NevGold Corp. and the Limousine Butte Project: A Near-Term Antimony Production Pathway in NevadaOne company working to position itself within the evolving American critical minerals landscape is NevGold Corp. (TSXV: NAU) (OTCQX: NAUFF) (Frankfurt: 5E50).The Vancouver-based exploration and development company is advancing its 100%-owned Limousine Butte Project ("Limo Butte") in Nevada, where it is nearing completion of a maiden antimony-gold Mineral Resource Estimate ("MRE") targeted for Q2 2026. [3] On May 21, 2026, NevGold also announced the commencement of a roughly 20,000-meter 2026 drill program at Limo Butte focused on resource building, expansion and new discoveries. [4]What differentiates Limo Butte within the broader landscape of global antimony projects, per the Company, comes down to three structural attributes:Oxide antimony-gold mineralization — avoiding the complexity and cost of sulphide processing and downstream smelting, a particularly relevant advantage given there is only one active antimony smelter operating in the United States today. [2]At-surface, historically mined material in the gold leach pads — previously stacked and crushed for historical gold operations but never processed for antimony, providing a potential rapid pathway to near-term antimony production from existing surface feedstock. [2]A straightforward permitting and environmental landscape in Nevada — supporting what NevGold describes as an efficient development timeline that could position Limo Butte as one of the nearest-term antimony production opportunities in the United States over the next 12 to 18 months. [2]Underlying technical results have been supportive. In April 2026, NevGold reported drill intercepts at Limousine Butte's Resurrection Ridge target including 1.93 g/t gold-equivalent over 100.6 meters from surface, with 1.11% antimony over 6.1 meters within that intercept. [5] Subsequent Phase II metallurgical testwork on oxide antimony-gold material from the historical leach pads returned average gold recoveries above 93% — with individual samples reaching 99% — and acid-leach antimony extraction ranging from 54% to 92% across the tested samples. [6]On the financial side, NevGold completed an upsized C$42.2 million financing earlier this quarter, which the Company says removes the near-term treasury overhang through the maiden MRE, continued drilling and metallurgical testwork at Limo Butte, plus continued advancement at its Idaho-based Nutmeg Mountain gold project. [7]NevGold CEO Brandon Bonifacio summarized the Company's positioning following the EXIM announcement: "Perpetua has played a foundational role in establishing the framework for a U.S. antimony supply chain, and we congratulate their team on this important milestone. Advanced U.S. antimony projects must co-exist to achieve true mineral independence and security for America." [2]Critical Mineral Investors Continue Watching Sector PeersBeyond NevGold, several U.S.-listed names continue attracting investor attention within the broader critical minerals and strategic supply chain discussion.Perpetua Resources Corp. (NASDAQ: PPTA) became the centerpiece of the conversation following the EXIM Board's May 21, 2026 unanimous approval of the US$2.9 billion senior secured loan for the Stibnite Gold Project — structured as a 13-year facility with a US$2.4 billion upfront component and the remainder covering capitalized interest during construction and EXIM's exposure fee. [1] Combined with Perpetua's existing cash holdings, the package is structured to fully fund the project's US$2.5 billion direct construction cost. [1]United States Antimony Corporation (NYSE: UAMY) (NYSE Texas: UAMY) has continued building out what it describes as the only fully integrated antimony producer outside of China and Russia. [8] On May 14, 2026, the Dallas-based company reported Q1 2026 results highlighting the completion of the first two delivery notices under its US$245 million Defense Logistics Agency contract, US$12.8 million in Department of War grant milestones achieved at the Thompson Falls expansion, and approximately US$48.6 million in post-quarter equity proceeds, while reiterating full-year 2026 gross revenue guidance of US$125 million. [9]Nova Minerals Limited (NASDAQ: NVA) announced on May 11, 2026 the successful completion of its 2026 winter freight mobilization to the Estelle Project in Alaska, delivering approximately 1.5 million pounds of heavy equipment and supplies needed for antimony ore mining, extraction and processing under a US$43.4 million U.S. Department of War award. [10] The company is targeting initial antimony production from Estelle in late 2026 or 2027 and is one of only two U.S. projects to receive that level of Department of War antimony funding. [11]Americas Gold and Silver Corporation (NYSE American: USAS) (TSX: USA) reported record Q1 2026 silver production of approximately 787,000 ounces, up 76% year-over-year, alongside material progress on its 51%-owned antimony processing joint venture in Idaho's Silver Valley formed with United States Antimony in February 2026. [12] On May 22, 2026, the Company announced it had reached an agreement with Sprott Mining to terminate the remaining 592,000-ounce obligation under its Silver Delivery Agreement in exchange for common shares — converting a stream obligation into equity and freeing capital for reinvestment in Galena, Crescent and Cosalá. [13]A Sector Narrative That May Continue BuildingTrade tensions between the United States and China, concerns surrounding foreign supply dependence, reshoring initiatives, defense considerations and now a US$2.9 billion federal loan commitment are reshaping how investors evaluate strategic resource opportunities. The EXIM approval for Perpetua signals that Washington is willing to put significant capital behind the rebuild of a domestic antimony supply chain — and given the size of the structural deficit, multiple projects, not just one, will likely be required to deliver true mineral independence.For developers like NevGold, with a near-term antimony production pathway anchored by oxide material at surface in a permitting-friendly U.S. jurisdiction, that narrative may continue to translate into meaningful investor focus through the balance of 2026.CONTINUED… Read this and more news for NevGold Corp. at: https://usanewsgroup.com/nau-landing/Article Sources[1] Perpetua Resources Corp. press release, May 21, 2026 — "Export Import Bank of the United States Approves $2.9 Billion Loan for Development of Perpetua Resources' Stibnite Gold Project": https://www.investors.perpetuaresources.com/investors/news/export-import-bank-of-the-united-states-approves-loan-for-development-of-perpetua-resources-stibnite-gold-project[2] NevGold Corp. press release, May 22, 2026 — "NevGold Congratulates Perpetua Resources On US$2.9 Billion Loan for the Gold-Antimony Stibnite Project in Idaho; NevGold Rapidly Advancing its At-Surface Oxide, Antimony-Gold Limo Butte Project to Near-Term U.S. Production" (GlobeNewswire).[3] NevGold Corp. press release, March 19, 2026 — confirming initial antimony-gold Mineral Resource Estimate at Limousine Butte on schedule for Q2-2026; reaffirmed in subsequent NevGold disclosures including the May 22, 2026 release referenced above.[4] NevGold Corp. press release, May 21, 2026 — "NevGold Commences 20,000 Meter Drill Program at Antimony-Gold Limo Butte Project, Nevada; Streamlined Focus on Resource Building, Expansion, and New Discoveries" (GlobeNewswire).[5] NevGold Corp. press release, April 9, 2026 — "NevGold Intercepts 1.11% Antimony Over 6.1 Meters, Within 1.93 g/t AuEq Over 100.6 Meters (1.07 g/t Au And 0.22% Antimony) From Surface" (GlobeNewswire).[6] NevGold Corp. press release, April 2, 2026 — "NevGold Announces Up to 99% Gold Recovery From Phase II Metallurgical Testwork on Oxide Antimony-Gold; Identifies More Antimony Mineralization At Surface In Historical Gold Waste Dump" (GlobeNewswire).[7] NevGold Corp. press release, May 12, 2026 — "NevGold Announces Closing of Upsized $42M Brokered Private Placement Financing" (gross proceeds C$42,225,497) (GlobeNewswire).[8] United States Antimony Corporation corporate description — self-described as "the only fully integrated antimony company in the world outside of China and Russia," May 14, 2026 Q1 2026 earnings press release (ACCESS Newswire).[9] United States Antimony Corporation press release, May 14, 2026 — "United States Antimony Corporation Reports First Quarter 2026 Financial and Operating Results" (ACCESS Newswire).[10] Nova Minerals Limited press release, May 11, 2026 — winter freight mobilization to the Estelle Project completed (~1.5 million pounds delivered) (GlobeNewswire).[11] Nova Minerals Limited corporate disclosures, May 2026 — US$43.4 million U.S. Department of War antimony award; targeted antimony production late 2026/2027.[12] Americas Gold and Silver Corporation press release, April 16, 2026 — "Americas Gold and Silver Corporation Announces New Record Quarterly Silver Production and Sales, Including 787,000 Ounces Produced and 830,000 Ounces Sold"; February 2026 51/49 joint venture with United States Antimony to build a mine-to-finished-product antimony processing hub at Galena (Newsfile Corp.).[13] Americas Gold and Silver Corporation press release, May 22, 2026 — "Americas Gold and Silver Announces Agreement with Sprott Mining Inc. to Terminate Silver Delivery Agreement" (Newsfile Corp.).DISCLAIMERNothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. USA News Group is a wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). MIQ has been paid a fee for NevGold Corp. advertising and digital media from Creative Direct Marketing Group ("CDMG"). There may be 3rd parties who may have shares of NevGold Corp., and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this article as the basis for any investment decision. The owner/operator of MIQ owns shares of NevGold Corp. which were purchased in the open market, and reserves the right to buy and sell, and will buy and sell shares of NevGold Corp. at any time thereafter without any further notice. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material disseminated by MIQ has been approved by the above mentioned company; this is a paid advertisement, we currently own shares of NevGold Corp. and will buy and sell shares of the company in the open market, or through private placements, and/or other investment vehicles.While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our article is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.Contact: editor @acblanke1Logo: https://mma.prnewswire.com/media/2838876/5656770/USA_News_Group_Logo.jpg  View original content:https://www.prnewswire.com/news-releases/as-america-pursues-mineral-independence-a-us2-9-billion-exim-loan-signals-the-next-phase-for-domestic-critical-mineral-projects-302782609.htmlSOURCE USA News Group Original: As America Pursues Mineral Independence, A US$2.9 Billion EXIM Loan Signals the Next Phase for Domestic Critical Mineral Projects

Export Import Bank of the United States Approves $2.9 Billion Loan for Development of Perpetua Resources' Stibnite Gold ProjectMay 21, 2026 4:05 PM
PR Newswire (Canada) Landmark loan under EXIM's Make More in America Initiative supports domestic critical mineral supply chain and hundreds of jobs in rural Idaho Stibnite Gold Project is poised to develop the only domestic reserve of critical mineral antimony $2.9 billion loan, combined with Perpetua's cash on hand, is expected to fully fund estimated capital costs for the construction of the Stibnite Gold ProjectBOISE, Idaho, May 21, 2026 /CNW/ - Perpetua Resources Corp. (Nasdaq: PPTA) (TSX: PPTA) ("Perpetua Resources" or "Perpetua" or the "Company") announced today that the Board of the Export-Import Bank of the United States ("EXIM") has unanimously approved a $2.9 billion senior secured long-term loan ("Loan") under the Make More in America Initiative ("MMIA") to support the development of Perpetua's Stibnite Gold Project ("Stibnite" or "Project"). EXIM's approval comes after extensive technical, financial, environmental and social due diligence and a 25-day notice period to Congress."It is time to make more in America and today marks not only a key milestone for Perpetua Resources, but a significant step in mineral security for our country," said Jon Cherry, President and CEO of Perpetua Resources. "When the federal government and private industry work together on a shared national priority, big things are made possible. The $2.9 billion loan positions us to bring the Stibnite Gold Project to life and signals a new day in American mineral independence and responsible mining. We are immensely proud of our role in strengthening America's national security, creating hundreds of jobs in rural Idaho, and reducing our dependence on foreign adversaries for a mineral we cannot do without."The Stibnite Gold Project is an ideal candidate for U.S. EXIM financing as it sits at the nexus of EXIM's highest priority mandates – strengthening America's industrial manufacturing supply chains, domestic job support, and critical mineral independence to advance both national security and domestic industrial and commercial manufacturing needs.EXIM's decision marks a landmark transaction under the MMIA Initiative and advances American production and manufacturing to be more competitive on the world stage. As the only identified domestic reserve of antimony, EXIM's investment in the Project advances American critical mineral independence for antimony. "Idaho's abundant critical and rare earth minerals are essential to reducing U.S. dependence on foreign suppliers," said U.S. Senator for Idaho James Risch. "This investment will help expand our domestic critical mineral supply, create high-quality jobs in rural America, and strengthen our national security.""This investment strengthens America's economic and national security by advancing a reliable domestic supply of critical minerals essential to our manufacturing and defense industries," said U.S. Senator for Idaho Mike Crapo. "The Export-Import Bank's Make More in America initiative is helping secure the infrastructure needed to reduce our dependence on foreign adversaries, support American workers and reinforce our long-term industrial competitiveness.  It is encouraging to see this effort moving forward in Idaho, where it has the potential to create hundreds of high-quality jobs, long-term economic competitiveness and supply chain security."The EXIM financing package, combined with Perpetua's cash on hand, is expected to fully fund the direct construction of the Stibnite Gold Project based on the current capital cost estimates as reported in the Company's Technical Report Summary as of December 31, 2025. Underpinned by robust economics from gold, the Stibnite Gold Project is designed to responsibly redevelop and restore the abandoned Stibnite Mining District in Idaho to produce gold and the nation's only reported reserve of the critical mineral antimony. In doing so, the Project would provide investments in environmental cleanup of the historical site, secure a source of antimony for American commercial and defense manufacturing, and create an average of over 700 direct jobs a year over the life of the mine and significant tax revenue for local communities and the state of Idaho."There is no better place to deploy US EXIM's $2.9 billion investment than right here in the heart of Idaho," said Idaho Governor Brad Little. "The Stibnite Gold Project is exactly the kind of project America needs. It will create hundreds of family-wage jobs and break America's dependence on our adversaries for the antimony our military and manufacturers need. Thank you to EXIM for this vote of confidence in the Gem State, and congratulations to Perpetua Resources on a milestone that strengthens Idaho and the nation."To date, the Stibnite Gold Project has gone through rigorous scientific and public review, was identified as a Transparency Project under the FAST-41 Program and has received substantial support and partnership from the Department of War. Today's EXIM financing announcement illustrates a whole-of-government approach to advance this project towards production.The Loan will be available upon completion of definitive documentation and satisfaction of customary conditions precedent, which is expected to occur in the second half of 2026. The Loan is to be structured as a 13-year senior secured credit facility of $2.9 billion, consisting of an upfront facility of $2.4 billion with the remainder to cover capitalized interest during construction and EXIM's exposure fee. The increase in the principal amount of the Loan compared to the initial EXIM Board review primarily relates to adding an option to move certain planned equipment financing from a third-party financing company into the EXIM Loan.Interest on the Loan is to be set at the applicable long-dated U.S. Treasury bond rate plus 100 basis points and will be fixed at the time of the first drawdown. Scheduled repayments are anticipated to commence in 2030.The MMIA Initiative is a Congressionally authorized financing program through EXIM designed to help companies make more in America – especially in sectors critical to national security. The goal of the program is to help American producers obtain financing, compete on a global scale and, in the process, generate economic opportunities for hardworking Americans.EXIM is an independent Executive Branch agency and the official export credit agency of the United States. EXIM's mission is to support American jobs by facilitating the export of U.S. goods and services. In 2024, Perpetua Resources submitted a Letter of Interest application to EXIM. After EXIM expressed interest in potential debt financing, Perpetua worked on its application for more than a year, officially submitting it in May 2025. In September 2025, the Company received a preliminary project letter and indicative term sheet from EXIM for financing. Since that time, EXIM has conducted extensive due diligence and legal review, including its own environmental and social evaluation of the Project. The final approval from EXIM's Board of Directors comes two years after the initial interest application was submitted and a year after Perpetua submitted its formal application.AdvisorsThe Company's transaction advisors for the Loan include Endeavour Financial acting as financial advisor, and Hunton Andrews Kurth LLP serving as legal counsel.Website: www.perpetuaresources.comAbout 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. The Stibnite Gold Project is one of the highest grade, open pit gold deposits in the United States and holds the only identified domestic reserve of the critical mineral antimony, which is essential to the defense, energy, and manufacturing sectors. The Project is designed to apply a modern, responsible mining approach to restore an abandoned mine site and provide uplift to water quality, improve fish habitat access, and invest in river restoration while supporting local economic development in rural Idaho.Forward-Looking Information
Investors should be aware that funding under the EXIM loan is subject to completion of definitive documentation and satisfaction of conditions precedent. There can be no assurance that we will be able to successfully negotiate definitive loan documents to close the loan or that, if closed, any funding provided by U.S. EXIM will be sufficient for us to construct the Project. Further, release of funding under the loan would be subject to the satisfaction of certain conditions and covenants by the Company.
Investors should be aware that the Project's designation as a Transparency Project does not imply endorsement of or support for the Project by the federal government, or create a presumption that the Project will receive federal funding. The designation of a project as a Transparency Project may be reconsidered based on updated information.
Information and statements contained in this news release that are not historical facts are "forward-looking information" or "forward-looking statements" (collectively, "Forward-Looking Information") within the meaning of applicable Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. We use words such as "may," "would," "could," "should," "will," "likely," "expect," "anticipate," "believe," "intend," "plan," "potential," "forecast," "outlook," "project," "estimate" and similar expressions suggesting future outcomes or events to identify forward-looking statements or forward-looking information. Forward-Looking Information includes, but is not limited to, disclosure regarding the, anticipated timing, documentation, closing and funding of the Company's proposed U.S. EXIM financing and the final terms of the proposed U.S. EXIM financing; timing of anticipated milestones related to the Project and financing; ongoing funding and anticipated liquidity; our ability to comply with, obtain and defend permits related to the Project; the expected outcomes of the Project, including our mineral reserves and mineral resources; the expected commercial demand for antimony and the Company's ability to supply it; our ability to successfully implement and fund the Project; the occurrence of the expected benefits from the Project, including contributions to national security; and timing of anticipated milestones related to the Project and financing.
In preparing the Forward-Looking Information herein, the Company has applied several material assumptions, including, but not limited to, certain assumptions that the U.S. EXIM financing application will close and fund within the expected timeframe; that the Company will be able to negotiate and execute definitive documentation for the proposed U.S. EXIM financing on acceptable terms, satisfy the conditions to signing, closing and funding of the U.S. EXIM loan and receive funds when needed; that the final terms of the proposed U.S. EXIM financing will be substantially consistent with those currently indicated; that the Company's proposed financing will be sufficient to finance permitting, pre-construction and construction of the Project or that the Company will be able to secure alternate financing if necessary; that the Company will be able to maintain compliance with covenants contained in its financing agreements or that may be contained in future financing agreements; that the Company will be able to satisfy additional bonding or financial assurance requirements in the future; that no pending or future litigation will result in the loss of any material permits or material delay to the Project schedule or a material increase to Project costs; that the current exploration, development, environmental and other objectives concerning the Project can be achieved and that the Company's other corporate activities will proceed as expected; that general business and economic conditions will not change in a materially adverse manner and that permitting, construction and operations costs will not materially increase; that the Company will satisfy or will continue to satisfy the requirements of applicable permits and the requirements of various governmental approvals; and that the Company or applicable governmental agencies will be able to successfully defend against any challenges to governmental approvals for the planned exploration, construction, development, operation and environmental protection activities on the Project.
Forward-Looking Information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the Forward-Looking Information. Such risks and other factors include, among others, delays in the closing of the U.S. EXIM loan or material changes to the anticipated size or terms of the loan; delays in, or inability to satisfy the conditions to signing, closing or funding of the U.S. EXIM loan; risks related to unforeseen delays in the review and permitting process, including as a result of legal challenges to the ROD or other permits; risks related to opposition to the Project; risks related to increased or unexpected costs in development, construction, operations or the permitting process; risks that necessary financing will be unavailable when needed on acceptable terms, or at all; as well as those factors discussed in the Company's public filings with the U.S. Securities and Exchange Commission (the "SEC") and its Canadian disclosure record. Although the Company has attempted to identify important factors that could affect the Company and may cause actual actions, events or results to differ materially from those described in Forward-Looking Information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that Forward-Looking Information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Because it is not possible to predict or identify all such factors, this list cannot be considered a complete set of all potential risks or uncertainties. Accordingly, readers should not place undue reliance on Forward-Looking Information. For further information on these and other risks and uncertainties that may affect the Company's business and liquidity, see the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of the Company's filings with the SEC, which are available at www.sec.gov and with the Canadian securities regulators, which are available at www.sedar.com. Except as required by law, the Company expressly disclaims any obligation to update the Forward-Looking Information herein.Cautionary Statement Regarding Technical InformationThe technical information in respect of the Stibnite Gold Project in this news release is based upon information contained in the technical report titled "Stibnite Gold Project, S-K 1300 Technical Report Summary, Valley County, Idaho, USA," dated as of December 31, 2025 (the "TRS"), developed for the Stibnite Gold Project in accordance with the mining property disclosure rules specified in Regulation S-K subpart 1300 ("S-K 1300") promulgated by the SEC and  published on March 31, 2026. Such information is as of December 31, 2025 and is subject to the assumptions, exclusions and qualifications set forth in the TRS. For additional information regarding the TRS, investors are encouraged to refer to the Company's Annual Report on Form 10-K for the year ended December 31, 2025, filed with the SEC on March 31, 2026. Data regarding domestic antimony reserves based on U.S. Geological Survey, Mineral Commodity Summaries, dated as of January 2026. View original content:https://www.prnewswire.com/news-releases/export-import-bank-of-the-united-states-approves-2-9-billion-loan-for-development-of-perpetua-resources-stibnite-gold-project-302779531.htmlSOURCE Perpetua Resources Corp. Original: Export Import Bank of the United States Approves $2.9 Billion Loan for Development of Perpetua Resources' Stibnite Gold Project

From China's Export Ban To A Nevada Leach Pad: The Junior With a Domestic Solution to the US Antimony Supply ChainMay 13, 2026 8:53 AM
PR Newswire (Canada) Issued on behalf of NevGold Corp.From a 1.11% antimony intercept at Resurrection Ridge, up to 99% gold recoveries on a brownfield leach pad — and an upsized brokered placement that closed on strong institutional demand — NevGold Corp. (TSXV: NAU | OTCQX: NAUFF | FRA: 5E50) is heading into its maiden antimony-gold Mineral Resource Estimate fully funded, and on a near-term U.S. antimony production pathway that very few of its peers can claim.NEW YORK, May 13, 2026 /CNW/ -- USA News Group News Commentary — North American gold producers are operating in one of the most favorable commodity-and-policy windows of the past two decades. Gold continues to trade at or near record highs. Antimony — a U.S.-designated Critical Mineral with 100% U.S. import reliance — is now the subject of unprecedented federal procurement attention following China's December 2024 export restrictions targeting the United States. Those restrictions were partially suspended in November 2025, but the licensing regime and end-use scrutiny remain in place, which means U.S. buyers continue to face renewed disruption risk on a metal used in everything from flame retardants and semiconductors to military munitions and lead-acid batteries. Inside that environment, junior explorers exposed to both gold and antimony — at a single, U.S. project — are a very short list. And one Vancouver-based junior has just delivered the most catalyst-dense six-week stretch in its corporate history.NevGold Corp. (TSXV: NAU) (OTCQX: NAUFF) (Frankfurt: 5E50) is an exploration and development company with four 100%-owned projects across Nevada and Idaho, anchored by the Limousine Butte gold-antimony project (White Pine County, Nevada) and the Nutmeg Mountain gold project (Idaho). [1] Between March 12 and April 20, 2026, the Company stacked six operational disclosures — drill mobilization, district-scale Bullet Zone drill hits, sequential antimony-then-gold metallurgy, the Resurrection Ridge headline drill release, sonic drill confirmation on the historic leach pads, and an upsized brokered placement — that together sets up a maiden antimony-gold NI 43-101 Mineral Resource Estimate at Limousine Butte targeted for Q2 2026, with a pathway to near-term antimony production by 2027. [1]The Financing That Caps The Run: C$42.2 Million, Upsized From C$25 Million, On Strong Institutional DemandOn April 20, 2026, NevGold announced that its previously announced C$25 million brokered private placement had been upsized to over C$42 million on strong demand. [1] The upsized offering comprises 22,223,946 common shares at C$1.90, with Clarus Securities Inc. as sole agent and bookrunner, and is expected to close on or about May 12, 2026. [1] Net proceeds are earmarked for advancing Limousine Butte, Nutmeg Mountain, working capital, and general corporate purposes. [1] The shares will be subject to a four-month-and-one-day hold period from closing in accordance with applicable securities laws. [1]A previously announced C$25 million brokered deal getting upsized by roughly 69% — without warrants — is a signal, not a line item. It tells you something about who the institutions in the book are willing to underwrite, and at what stage of the catalyst chain they want to be in the stock.The Drill Bit Behind The Bid: 1.11% Antimony Over 6.1 Meters Inside A 100.6-Meter Gold Equivalent InterceptThe April 9, 2026 disclosure was arguably the headline of the quarter. At Resurrection Ridge — part of the Limousine Butte district, and the structural setting that hosts both the Bullet Zone discovery (made in 2025) and the Armory Fault discovery (announced February 18, 2026) — NevGold intersected 1.93 g/t gold equivalent over 100.6 meters from surface (1.07 g/t gold + 0.22% antimony), with a high-grade interval of 1.11% antimony over 6.1 meters inside that broader intercept. [1] [2] CEO Brandon Bonifacio described Limo Butte as "one of the highest grade antimony projects in North America that is near-surface and oxide." [2]This was not an isolated print. On March 19, 2026, the Company had already disclosed Hole LB25-024 with 11.42 g/t AuEq over 7.7 meters (2.64% Sb + 1.17 g/t Au), within a broader 4.91 g/t AuEq over 27.4 meters (1.09% Sb + 0.67 g/t Au). [2] AuEq calculations are based on assumed prices of US$3,000/oz gold and US$40,000/tonne antimony, with assumed metal recoveries of 80% gold and 75% antimony. [2]For investors who track antimony as a critical mineral story, 1.11% over 6.1 meters is a number that compares favorably with most of the U.S. and ex-China advanced peer set. For investors who track gold, the 100.6-meter envelope at over 1.9 g/t AuEq from surface — with the gold component alone at 1.07 g/t — is a credible bulk-tonnage signature on a project that already has Bureau of Land Management approval for an Exploration Plan of Operations covering the full 68 km² property and up to 200 acres of permitted disturbance over a 10-year term. [1]The Metallurgy That Makes The Story Unusual: up to 99% Gold Recovery — After The Antimony Has Been Leached OutThe April 2, 2026 metallurgical disclosure may be the single most meaningful catalyst in the sequence, and it is one that puts NevGold (nev-gold.com) into a category of its own. Phase II testwork on oxide antimony-gold material from the Limo Butte historical gold leach pads showed cyanide shake test average gold recoveries above 93%, with individual samples reaching 99%, on residual tailings after the antimony had already been leached out. [1] Acid leach antimony extraction across the tested samples ranged from 54% to 92%, and additional antimony mineralization was identified at surface in a historical pre-strip waste dump. [1]The sequential process — antimony first, gold second, both metals from the same feed stream — is the punchline. It means NevGold is not picking between gold or antimony at Limo Butte. It is recovering both, in sequence, from material that has already been crushed, stacked, and sitting at surface on a brownfield site.That part — the brownfield part — is what positions Limousine Butte as one of the only near-term, at-surface antimony production scenarios in the United States with a path to potential metal production by 2027. The historical gold leach pads were already crushed, were already stacked, and are at surface requiring no further mining activities. April 14, 2026 sonic drill results on those same pads delivered 0.34% antimony with 0.41 g/t gold over 12.5 meters, 0.33% Sb and 0.55 g/t Au over 11.0 meters, and 0.31% Sb and 0.50 g/t Au over 14.6 meters — consistent with or better than the Phase I test pit averages. [1]The 2026 TSX Venture 50 Recognition Wasn't An AccidentNevGold was named to the 2026 TSX Venture 50 — one of the top 50 performers among more than 1,500 TSXV-listed issuers — on the back of a 330% share price appreciation and 515% market capitalization growth in 2025. [1] The recognition uses three equally weighted criteria: one-year share price appreciation, market cap growth, and Canadian consolidated trading value. The list is not an opinion. It is an output.The Comparable Set: How NevGold Stacks UpNevGold (www.nev-gold.com) sits at an unusual intersection of theses — domestic critical mineral, sequential gold recovery, near-term production optionality from a brownfield pad, and Tier-1 jurisdiction (Nevada and Idaho). To frame the opportunity, four comparables are worth tracking:United States Antimony Corp. (NYSE American: UAMY) is currently the only fully integrated antimony company outside of China and Russia. [3] On April 2, 2026, USAC announced the restart of mining operations at Stibnite Hill in Thompson Falls, Montana — a property the company previously mined from 1968 until 1983. [4] The company has raised FY2026 revenue guidance to $125 million — a 25% increase from prior guidance — and received a $27.0 million award from the U.S. Department of War under Title III of the Defense Production Act. [5] [6] USAC's Madero, Mexico smelter has approximately 200 tons per month of capacity, and the company remains sole-source approved to supply antimony trisulfide to the Defense Logistics Agency. [5] What UAMY illustrates is that the U.S. antimony market is being rebuilt brick by brick, and that buyers at scale are willing to pay for domestic, vertically integrated production.Perpetua Resources Corp. (Nasdaq: PPTA / TSX: PPTA) holds the only identified domestic reserve of the critical mineral antimony at its Stibnite Gold Project in central Idaho. [11] The Project is projected to be one of the highest-grade open-pit gold mines in the United States, with reserves of approximately 4.8 million ounces of gold and 148 million pounds of antimony, and is expected to produce roughly 450,000 ounces of gold annually over its first four years. [11] On October 21, 2025, Perpetua broke ground on early works construction at the US$1.3 billion Stibnite project after posting US$139 million in financial assurance and receiving notice from the U.S. Forest Service that the 2025 Record of Decision requirements had been satisfied. [12] Perpetua received an indicative term sheet for up to US$2 billion in debt support from the U.S. Export-Import Bank and is targeting a final investment decision in 2026. [13] What Perpetua demonstrates is that the U.S. is willing to underwrite domestic gold-antimony pairings at scale — the same fundamental thesis NevGold (nev-gold.com) is advancing at Limousine Butte, but at a much earlier stage and a fraction of the market capitalization.Americas Gold and Silver Corporation (NYSE American: USAS / TSX: USA) consolidated 100% ownership of the Galena Complex in Idaho's Silver Valley in December 2024 — described by the company as the nation's largest antimony mine. [7] On February 10, 2026, Americas signed a definitive joint venture agreement with United States Antimony Corporation for a 51/49 JV to construct and operate an antimony processing facility at Galena, with the stated goal of building a U.S. mine-to-finished-product antimony solution. [7] In March 2026, Americas announced its largest exploration program in company history at approximately 64,000 meters of drilling across Galena/Crescent and Cosalá Mexico, reporting silver intercepts as high as 4,896 g/t over 1.3 meters. [8] On April 30, 2026, the company reported its fourth major new discovery at Galena — six new high-grade silver-copper-antimony veins approximately 150 meters southwest of the 149 Vein, including 1,392 g/t Ag, 1.5% Cu and 1.5% Sb over 1.9 meters at the 43L-TJ Vein Complex. [9] USAS is the closest thing in the U.S. peer set to a "domestic antimony producer with a real silver counterweight," which is a thesis adjacent to NevGold's gold-antimony pairing.Orla Mining Ltd. (NYSE American: ORLA / TSX: OLA) reported Q1 2026 production of 81,206 ounces of gold across two operating mines — Musselwhite (Ontario) and Camino Rojo (Mexico) — and reaffirmed full-year 2026 guidance of 340,000 to 360,000 ounces. [10] Orla ended Q1 2026 with $96.0 million in net cash, declared its inaugural quarterly cash dividend in late 2025, and is advancing the South Carlin Complex (formerly South Railroad) — a feasibility-stage open-pit heap leach gold project on Nevada's Carlin trend. [10] The relevance for NevGold is jurisdictional: Orla and NevGold are both advancing oxide gold projects in Nevada, but with very different footprints and capital structures.The Q2 2026 Catalyst: Maiden Antimony-Gold MRE At Limousine ButteThe next direct catalyst on the NevGold timeline is a maiden antimony-gold NI 43-101 Mineral Resource Estimate at Limousine Butte, expected in Q2 2026. [1] That MRE will be the first time the antimony quantities sitting in the historical leach pads are quantified under modern reporting standards, and it will set the technical baseline for the near-term production scenario the company is targeting for 2027.NevGold has not yet established a current NI 43-101 mineral resource at Limousine Butte; the maiden MRE remains forthcoming. Investors should review the Company's filings and the qualified persons' technical disclosures on www.nev-gold.com before drawing conclusions. The technical information disclosed by NevGold in its 2026 news releases has been reviewed and approved by Greg French, CPG, the Company's Vice President, Exploration, who is NevGold's Qualified Person under National Instrument 43-101. [2]The Bottom LineFor investors trying to triangulate where the U.S. antimony supply chain is being rebuilt, the names UAMY, Perpetua, USAS, and ORLA all matter. But NevGold (TSXV: NAU | OTCQX: NAUFF | FRA: 5E50) is the rare junior that sits at the intersection of multiple theses simultaneously: U.S. Critical Mineral exposure, near-term brownfield antimony production optionality, sequential gold recovery validated by up to 99% recovery testwork, and a fully funded balance sheet heading into a maiden MRE — at junior-explorer valuations.The maiden MRE is the next catalyst. Watch this space.Visit the company website at www.nev-gold.com for the latest corporate updates, investor presentations, and the full set of recent press releases.Frequently Asked QuestionsQ: What does NevGold Corp. do? A: NevGold Corp. (TSXV: NAU | OTCQX: NAUFF | FRA: 5E50) is a Vancouver-based exploration and development company with four 100%-owned projects across Nevada and Idaho. Its two flagship programs are Limousine Butte (gold-antimony, Nevada) and Nutmeg Mountain (gold, Idaho); Cedar Wash (gold, Nevada) and Zeus (copper, Idaho) round out the portfolio. [1]Q: What was the upsized financing announced on April 20, 2026? A: NevGold's previously announced C$25 million brokered private placement was upsized to over C$42 million (22,223,946 common shares at C$1.90), with Clarus Securities Inc. as sole agent and bookrunner. The financing is expected to close on or about May 12, 2026, and proceeds are earmarked for advancing Limousine Butte, Nutmeg Mountain, working capital, and general corporate purposes. [1]Q: What were the headline drill results from April 9, 2026? A: At Resurrection Ridge in the Limousine Butte district, NevGold intersected 1.93 g/t gold equivalent over 100.6 meters from surface (1.07 g/t Au + 0.22% Sb), incorporating a higher-grade interval of 1.11% antimony over 6.1 meters. [1]Q: What did the Phase II metallurgical testwork show? A: Cyanide shake tests on residual leach pad material — after the antimony had been leached out — returned average gold recoveries above 93%, with individual samples reaching 99%. Acid leach antimony extraction ranged from 54% to 92% across the tested samples. The sequential antimony-then-gold leaching process means both metals can be recovered from the same feed. [1]Q: When is the next major catalyst? A: The maiden antimony-gold NI 43-101 Mineral Resource Estimate at Limousine Butte is targeted for Q2 2026, with near-term antimony production targeted for 2027. [1]Q: How do I get more information? A: Visit www.nev-gold.com or the USA News Group NevGold profile for additional information, presentations, and the full set of recent press releases.Media ContactUSA News Groupinfo @therooster-2873Article Sources[1] https://www.globenewswire.com/news-release/2026/04/20/3277330/0/en/nevgold-announces-upsized-42mm-brokered-private-placement-financing.html
[2] https://nev-gold.com/news/ (Apr 9, 2026 / Mar 19, 2026 NevGold drill releases — Limousine Butte / Resurrection Ridge / Bullet Zone / Hole LB25-024) 
[3] https://www.usantimony.com/ 
[4] https://www.accessnewswire.com/newsroom/en/metals-and-mining/united-states-antimony-announces-restart-of-mining-operations-on-stibnite-hill-mo-1154279 
[5] https://www.stocktitan.net/news/UAMY/ 
[6] https://www.mining.com/united-states-antimony-lifts-revenue-guidance-amid-mining-breakthrough/ 
[7] https://americas-gold.com/operations/galena-complex/ 
[8] https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1883-tsx/usa/199172-americas-gold-and-silver-announces-largest-ever-exploration-program-in-2026-following-the-discovery-of-ten-new-high-grade-silver-copper-antimony-and-silver-lead-veins-at-galena-including-4-896-g-t-silver-and-3-95-copper-over-1-3m.html 
[9] https://americas-gold.com/news-releases/2026/americas-gold-and-silver-announces-fourth-major-new-discovery-at-the-galena-complex-identifying-six-new-high-grade-silver/ [10] https://www.newswire.ca/news-releases/orla-mining-reports-first-quarter-2026-gold-production-821521800.html 
[11] https://www.perpetuaresources.com/about/about-the-stibnite-gold-project 
[12] https://www.prnewswire.com/news-releases/perpetua-resources-breaks-ground-on-the-stibnite-gold-project-302590660.html 
[13] https://www.mining.com/perpetua-starts-building-1-3b-stibnite-gold-antimony-mine/DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. USANewsGroup.com is a wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). MIQ has been paid a fee for NevGold Corp. advertising and digital media from Creative Direct Marketing Group ("CDMG"). There may be 3rd parties who may have shares of NevGold Corp., and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this article as the basis for any investment decision. The owner/operator of MIQ does not own any shares of NevGold Corp. but reserves the right to buy and sell, and will buy and sell shares of NevGold Corp. at any time without any further notice commencing immediately and ongoing. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material disseminated by MIQ has been approved by the above mentioned company; this is a paid advertisement, and CDMG, on behalf of NevGold Corp., has approved the contents of this article. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our article is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.Logo - https://mma.prnewswire.com/media/2838876/5967327/USA_News_Group_Logo.jpg View original content to download multimedia:https://www.prnewswire.com/news-releases/from-chinas-export-ban-to-a-nevada-leach-pad-the-junior-with-a-domestic-solution-to-the-us-antimony-supply-chain-302770171.htmlSOURCE USA News Group Original: From China's Export Ban To A Nevada Leach Pad: The Junior With a Domestic Solution to the US Antimony Supply Chain

Perpetua Resources Announces First Quarter 2026 Financial ResultsMay 11, 2026 7:36 AM
PR Newswire (US) BOISE, Idaho, May 11, 2026 /PRNewswire/ - Perpetua Resources Corp. (Nasdaq: PPTA) (TSX: PPTA) ("Perpetua Resources" or "Perpetua" or the "Company") announced today the filing of its unaudited condensed consolidated financial results for the period ended March 31, 2026. 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 while developing one of the largest and highest-grade open pit gold mines in the Americas and restoring an abandoned brownfield site. The Company is currently advancing a comprehensive project financing plan along with detailed engineering, long-lead time procurement, early works construction activities and execution planning in anticipation of a final investment and construction decision in the second half of 2026."After breaking ground late last year at our Stibnite project, we maintained our momentum in Q1 2026," said Jon Cherry, President and CEO of Perpetua Resources. "The first quarter saw considerable progress towards securing our comprehensive project financing plans with U.S EXIM and a final vote is expected in the coming weeks. Meanwhile, we significantly advanced detailed engineering, continued early works construction and began procurement for long-lead time items ahead of our Final Investment Decision expected in the second half of 2026."First Quarter 2026 and Recent HighlightsThe U.S. Export-Import Bank ("U.S. EXIM") Board posted the Congressional notice for an approximately $2.7 billion proposed senior secured loan for the Project. The notification period has since expired, and U.S. EXIM's board has advanced the loan to a final vote anticipated in the second quarter of 2026.The Company's loan has been placed on the agenda for the U.S. EXIM Board meeting on May 21, 2026, reflecting meaningful progress toward financing approval. The agenda is subject to change by the board of U.S. EXIM at any time, and there can be no assurance that the board will vote to approve the loan at the May 21 meeting, at a different meeting, or at all.If approved, the loan is expected to consist of approximately $2.2 billion for construction of the Project, financial assurance, and certain discretionary corporate and exploration costs, with the remainder comprising capitalized interest and fees.If approved by the U.S. EXIM Board in the amount indicated, the Company would have sufficient capital to fully finance the Project's estimated direct capital costs of $2,576 million — combining the U.S. EXIM loan with $669.5 million of cash on hand as of March 31, 2026 — as well as financial assurance and discretionary corporate and exploration costs, consistent with the capital expenditure estimate set forth in the December 31, 2025 Technical Report Summary ("TRS").The Company maintained an exemplary safety and environmental record during the quarter, with zero lost time incidents and zero reportable environmental spills.In March 2026, the Company published an updated TRS incorporating revised capital and operating expense estimates that reflect continued advancement in engineering, contracting, and Project development through December 2025. The TRS continued to demonstrate compelling project economics for the Stibnite Gold Project across a wide range of gold and antimony price assumptions.In January 2026, the Company received the final remaining Stream Alteration Permit from the Idaho Department of Water Resources ("IDWR"), finalizing necessary state approvals for work in various streams and other water resources.Also in January 2026, the Company received the final Idaho Pollutant Discharge Elimination System ("IPDES") permit for industrial wastewater discharges. This permit is currently subject to an automatic stay under Idaho law until an administrative appeal process is completed.In April 2026, the Idaho Department of Environmental Quality ("IDEQ") issued a final modified Clean Water Act Section 401 Water Quality Certification for the Project, advancing a key state water quality approval through a further stage of regulatory review. A contested case proceeding challenging certain aspects of the Certification remains pending, and a new hearing date has not yet been scheduled. The Certification remains valid during the pendency of the contested case proceeding.The Company anticipates receipt of the second phase cyanidation permit from IDEQ in the second quarter of 2026, advancing regulatory approval of the Project's cyanidation facility. IDEQ released a draft of the second phase permit for public comment in February 2026.Perpetua is aware that the environmental plaintiffs in the 2025 NEPA challenge in the U.S. District Court in Idaho on May 8, 2026, filed a motion for a preliminary injunction seeking to delay certain construction activities on federal land planned for the Stibnite Gold Project. The motion excludes the early works activities that Perpetua has been advancing under a prior stipulation agreed to by the Company and the plaintiffs, and those activities will continue. The hearing on the motion is set for May 28th, and a ruling is expected shortly thereafter.The Company successfully transitioned its Engineering, Procurement, and Construction Management ("EPCM") responsibilities for the Project's processing plant and related scopes of work from Ausenco to Hatch, ensuring continuity and strengthening execution capacity as the Project advances toward construction.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. The Stibnite Gold Project is one of the highest grade, open pit gold deposits in the United States and holds the only identified domestic reserve of the critical mineral antimony, which is essential to the defense, energy, and manufacturing sectors. The Project is designed to apply a modern, responsible mining approach to restore an abandoned mine site and provide uplift to water quality, improve fish habitat access, and invest in river restoration while supporting local economic development in rural Idaho.Forward-Looking InformationInvestors should be aware that funding under the EXIM loan is subject to approval by the EXIM board, completion of definitive documentation and satisfaction of conditions precedent. There can be no assurance that we will be able to successfully negotiate definitive loan documents to close the loan or that, if closed, any funding provided by U.S. EXIM will be sufficient for us to construct the Project. Further, release of funding under the loan would be subject to the satisfaction of certain conditions and covenants by the Company.Statements contained in this news release that are not historical facts are "forward-looking information" or "forward-looking statements" (collectively, "Forward-Looking Information") within the meaning of applicable Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. Forward-Looking Information includes, but is not limited to, disclosure regarding the Company's beliefs with respect to the outcome of the judicial hearing; the Company's expected defense against the legal action taken by Project opponents; the continued advancement of the Project toward full construction activities; potential outcome of the Company's proposed U.S. EXIM financing application and approval process; timing of anticipated milestones related to the Project and financing; ongoing funding and anticipated liquidity; the Company's ability to comply with, obtain and defend permits related to the Project; the expected outcomes of the Project; the Company's ability to successfully implement and fund the Project; and the occurrence of the expected benefits from the Project. In certain cases, Forward-Looking Information can be identified by the use of words and phrases or variations of such words and phrases or statements such as "anticipate", "expect", "plan", "likely", "believe", "intend", "forecast", "project", "estimate", "potential", "could", "may", "will", "would" or "should". In preparing the Forward-Looking Information in this news release, Perpetua Resources has applied several material assumptions, including, but not limited to, that the Company will successfully defend against the legal action taken by Project opponents; that the judicial hearing will result in a favorable outcome for the Company; the Company's proposed financing will be sufficient to finance permitting, pre-construction and construction of the Project or that the Company will be able to secure alternate financing if necessary; that the Company will be able to maintain compliance with covenants contained in its financing agreements or that may be contained in future financing agreements; that the Company will be able to satisfy additional bonding or financial assurance requirements in the future; that no pending or future litigation will result in the loss of any material permits or material delay to the Project schedule or a material increase to Project costs; that the current exploration, development, environmental and other objectives concerning the Project can be achieved and that the Company's other corporate activities will proceed as expected; that general business and economic conditions will not change in a materially adverse manner and that permitting, construction and operations costs will not materially increase; that the Company will satisfy or will continue to satisfy the requirements of applicable permits and the requirements of various governmental approvals; and that the Company or applicable governmental agencies will be able to successfully defend against any challenges to governmental approvals for the planned exploration, construction, development, operation and environmental protection activities on the Project. Forward-Looking Information involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Perpetua Resources to be materially different from any future results, performance or achievements expressed or implied by the Forward-Looking Information. Such risks and other factors include, among other things, delays in the judicial hearing concerning the motion by Project opponents; adverse outcomes from such hearing, including the granting of the motion, in full or in part; the impacts or delays that an adverse outcome from such hearing may have on construction readiness and early works activities; delays in the review, negotiation, board approval and closing of the U.S. EXIM loan or material changes to the anticipated size or terms of the loan; delays in, or inability to satisfy the conditions to signing, closing or funding of the U.S. EXIM loan, if approved; risks related to unforeseen delays in the review and permitting process, including as a result of legal challenges to the ROD or other permits; risks related to opposition to the Project; risks related to increased or unexpected costs in development, construction, operations or the permitting process; risks that necessary financing will be unavailable when needed on acceptable terms, or at all, as well as those factors discussed in Perpetua Resources' public filings with the U.S. Securities and Exchange Commission (the "SEC") and its Canadian disclosure record. Although the Company has attempted to identify important factors that could affect the Company and may cause actual actions, events or results to differ materially from those described in Forward-Looking Information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that Forward-Looking Information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Because it is not possible to predict or identify all such factors, this list cannot be considered a complete set of all potential risks or uncertainties. Accordingly, readers should not place undue reliance on Forward-Looking Information. For further information on these and other risks and uncertainties that may affect the Company's business and liquidity, see the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of the Company's filings with the SEC, which are available at www.sec.gov and with the Canadian securities regulators, which are available at www.sedarplus.ca. Except as required by law, the Company expressly disclaims any obligation to update the Forward-Looking Information herein.Cautionary Statement Regarding Technical InformationThe technical information in respect of the Stibnite Gold Project in this news release is based upon information contained in the technical report titled "Stibnite Gold Project, S-K 1300 Technical Report Summary, Valley County, Idaho, USA," dated as of December 31, 2025 (the "TRS"), developed for the Stibnite Gold Project in accordance with the mining property disclosure rules specified in Regulation S-K subpart 1300 ("S-K 1300") promulgated by the SEC and  published on March 31, 2026. Such information is as of December 31, 2025 and is subject to the assumptions, exclusions and qualifications set forth in the TRS. For additional information regarding the TRS, investors are encouraged to refer to the Company's Annual Report on Form 10-K for the year ended December 31, 2025, filed with the SEC on March 31, 2026. Data regarding domestic antimony reserves based on U.S. Geological Survey, Mineral Commodity Summaries, dated as of January 2026. View original content:https://www.prnewswire.com/news-releases/perpetua-resources-announces-first-quarter-2026-financial-results-302768145.htmlSOURCE Perpetua Resources Corp. Original: Perpetua Resources Announces First Quarter 2026 Financial Results

Upcoming Meeting Dates - March 23, 2026March 23, 2026 12:00 AM
NewsfileToronto, Ontario--(Newsfile Corp. - March 23, 2026) - The following is a list of Upcoming Meeting Dates announced this week for Reporting Issuers in Canada. The data is supplied by Issuing Companies through the service of CDS Clearing and Depository Services Inc.CompanyRecord DateMeeting DateType Aecon Group Inc April 9, 2026June 1, 2026AG  Argyle Resources Corp. April 7, 2026May 12, 2026AS  B2Gold Corp. *April 13, 2026June 4, 2026AGS Ballard Power Systems Inc. April 6, 2026June 3, 2026A  Big Rock Brewery Inc. April 10, 2026May 20, 2026A  Black Pearl Resources Corp. March 18, 2026April 9, 2026S  CATHEDRA BITCOIN INC. March 25, 2026May 15, 2026S  COSCIENS Biopharma Inc. %March 3, 2026April 7, 2026S  CULT Food Science Corp. %February 19, 2026April 6, 2026AS  Cambria Gold Mines Inc April 10, 2026May 27, 2026AGS Canso Select OpportunitiesCorpApril 7, 2026May 26, 2026A  CareRx Corporation April 8, 2026May 28, 2026AG  Cascades Inc. March 25, 2026May 8, 2026AG  AGF China Focus Class April 2, 2026May 14, 2026S  Centaurus Energy Inc. April 10, 2026May 25, 2026A  Cloud3 Ventures Inc. *March 4, 2026April 16, 2026S  DATA Communications ManagementApril 6, 2026May 21, 2026AGS DiagnosTear Technologies Inc. *March 16, 2026May 7, 2026A  Dream Impact Trust April 10, 2026June 3, 2026AG  Dream Industrial REIT April 10, 2026June 3, 2026AS  Dream Office REIT April 10, 2026June 3, 2026AG  Dream Unlimited Corp. April 10, 2026June 3, 2026AG  Endeavour Silver Corp April 10, 2026June 2, 2026AG  Euromax Resources Ltd April 15, 2026May 22, 2026AG  Everybody Loves Languages Corp*January 27, 2026March 26, 2026AGS NCM Core international April 2, 2026May 15, 2026S  Canadian Net REIT April 6, 2026May 26, 2026A  GRANDE PORTAGE RESOURECES INC April 10, 2026May 15, 2026A  Gold Strike Resources Inc. March 24, 2026April 30, 2026S  Granite REIT April 9, 2026June 4, 2026A  MTY Food Group Inc April 7, 2026May 20, 2026AG  Highwood Asset Management Ltd.April 6, 2026May 21, 2026AS  INTL Tower Hill Mines Ltd April 8, 2026May 27, 2026AG  KITS Eyecare Ltd. April 16, 2026June 3, 2026AG  Kaymus Resources Inc. April 10, 2026May 22, 2026AGS LI-FT POWER LTD April 7, 2026May 15, 2026A  Dorel Industries Inc. April 7, 2026May 20, 2026AG  LunR Royalties Corp. April 7, 2026May 21, 2026AGS Luxxfolio Holdings Inc. April 7, 2026May 12, 2026A  MARIMED INC. April 10, 2026June 4, 2026A  Mercer Park Opportunities Corp*February 27, 2026April 14, 2026S  MineHub Technologies Inc. April 10, 2026May 25, 2026A  Morien Resources Corp April 8, 2026May 13, 2026AGS Norse Gold Corp April 7, 2026May 13, 2026AS  Northland Power Inc. April 6, 2026May 20, 2026AG  Osisko Metals Incorporated April 7, 2026May 28, 2026A  P2 Gold Inc. April 9, 2026May 27, 2026AS  Parkit Enterprise Inc. April 8, 2026May 21, 2026AGS Perpetua Resources Corp. April 8, 2026June 4, 2026AG  PesoRama Inc. April 6, 2026May 7, 2026AS  Petrus Resources Ltd. April 6, 2026May 21, 2026A  Pinetree Capital Ltd. April 8, 2026May 28, 2026A  NCM Global Eq Balanced PortfolioApril 2, 2026May 15, 2026S  NCM Global Inc Bal Portfolio April 2, 2026May 15, 2026S  Profound Medical Corp. April 2, 2026May 13, 2026AGS Purepoint Uranium Group Inc. April 15, 2026June 4, 2026AS  Rua Gold Inc. April 8, 2026May 28, 2026AGS SAVANNA CAPITAL CORP. April 13, 2026May 21, 2026AGS STLLR GOLD INC April 9, 2026May 27, 2026A  Saturn Oil & Gas Inc. April 6, 2026May 21, 2026AS  Seabridge Gold Inc. March 30, 2026May 22, 2026S  Sierra Madre Gold and Silver Ltd.March 24, 2026April 28, 2026S  Stampede Drilling Inc. April 7, 2026May 14, 2026A  StorageVault Canada Inc. April 7, 2026May 21, 2026AG  Swiss Water Decaffeinated CoffeeApril 13, 2026May 21, 2026AGS TSODILO RESOURCES LIMITED April 17, 2026May 29, 2026AG  TerrAscend Corp. April 13, 2026June 9, 2026A  The Westaim Corporation April 9, 2026May 19, 2026AGS Tidewater Midstream And InfrastructureApril 6, 2026May 26, 2026AG  Tidewater Renewables Ltd. April 6, 2026May 26, 2026AG  Tincorp Metals Inc. April 1, 2026May 5, 2026AS  Trojan Gold Inc. April 6, 2026May 11, 2026AS  Valory Resources Inc. April 13, 2026June 2, 2026AG  Ventripoint Diagnostics Ltd April 8, 2026May 27, 2026AS  Vireo Growth Inc. April 7, 2026May 29, 2026AS  Vox Royalty Corp. April 10, 2026May 27, 2026AS  Legend:* = Change in Previously Reported Information
% = Cancelled Meeting
@ = Adjourned MeetingType of MeetingA = Annual Meeting
S = Special Meeting
G = General Meeting
B = Bondholder Meeting
C = Court Meeting For more information, please visit https://www.cds.ca/ To view the source version of this press release, please visit https://www.newsfilecorp.com/release/289185
Original: Upcoming Meeting Dates - March 23, 2026

Strategic Mineral Stocks Gain Ground as Pentagon Pushes for Secure Defense Supply ChainsJanuary 29, 2026 12:29 PM
PR Newswire (Canada)

Issued on behalf of GoldHaven Resources Corp.USANewsGroup.com News Commentary VANCOUVER, BC, Jan. 29, 2026 /CNW/ -- The Pentagon moved a massive $4.5 billion into critical minerals during the final months of 2025[1]. According to S&P Global, government backing for strategic mineral projects will reach record levels throughout 2026 as Western nations work to secure their own processing power[2]. This structural reset is favoring companies that can bridge the gap between defense mandates and material scarcity. This trend is putting a bright spotlight on GoldHaven Resources (CSE: GOH) (OTCQB: GHVNF), Perpetua Resources (NASDAQ: PPTA) (TSX: PPTA), Graphite One (TSXV: GPH) (OTCQX: GPHOF), Centrus Energy (NYSE: LEU), and Century Aluminum (NASDAQ: CENX).







New government industrial policies are expected to drive big capital flows through the 2026 cycle as supply bottlenecks continue to threaten the defense and tech sectors[3]. Industry leaders are sounding the alarm that the domestic supply chain is now so fragile that even a single accident could disrupt the entire country. This is exactly why Washington now treats secure mineral platforms in safe regions as a vital and non-negotiable part of the nation's strategic infrastructure[4].GoldHaven Resources (CSE: GOH) (OTCQB: GHVNF) has defined property-scale porphyry zonation at its Magno Project in British Columbia, confirming a mineral system with stacked copper-gold, silver-lead-zinc, tungsten, and critical mineral targets across 36,973 hectares in the Cassiar region of northwestern British Columbia.The discovery validates a classic intrusion-driven model where metal distribution follows predictable patterns radiating outward from a central porphyry source. Proximal zones show copper-gold-silver mineralization, transitioning through intermediate silver-lead-zinc zones, to distal zinc-rich mineralization at structural controls. This zonation pattern provides direct targeting vectors for drill planning.These results represent a meaningful step forward in defining Magno as a large, zoned, intrusion-related mineral system," said Robert Birmingham, President and CEO of GoldHaven. "The confirmation of high-grade silver-lead-zinc mineralization, extensive tungsten, elevated copper within intrusive rocks, and strong bismuth-tellurium pathfinder anomalies reinforces our interpretation of a porphyry-driven system at depth. The emerging geological and metal zonation patterns share important similarities with Coeur Mining's Silvertip district, while Magno's broader critical-metal footprint highlights the potential for a multi-commodity discovery with district-scale upside."Surface sampling returned copper values up to 6,660 ppm at the Magno Zone, including 1,760 ppm copper within granite itself. The granite-hosted copper represents the highest value sampled directly within intrusive rocks on the property and points to a magmatic source for the broader metal suite. Tungsten mineralization at Kuhn and Dead Goat showings supports the interpretation of high-temperature pathways extending across the system.Historical silver-lead-zinc mineralization has been verified at the Magno and D Zones. Bismuth concentrations reached 10,000 ppm at Kuhn, while tellurium values hit 67 ppm. These pathfinder elements indicate deep structural fluid corridors and high-temperature metal transport, both characteristic signatures of large porphyry systems at depth.The system shares characteristics with Coeur Mining's Silvertip Mine to the north, but Magno displays a broader metal suite including tungsten, bismuth, tellurium, and indium. The zonation pattern resembles major polymetallic systems like Morococha in Peru.Earlier surface work identified significant indium enrichment up to 334 ppm, a supply-constrained critical mineral essential for touchscreens, semiconductors, and defense applications. Global indium production relies on zinc refining byproducts, creating supply constraints as demand accelerates for clean energy and advanced manufacturing.Beyond Magno, GoldHaven has completed diamond drilling at its Copeçal Gold Project in Brazil and confirmed high-grade copper at Three Guardsmen. The company now controls 133,186 hectares across proven mining jurisdictions with multiple projects advancing simultaneously.CONTINUED… Read this and more news for GoldHaven Resources at:  
https://usanewsgroup.com/2025/09/23/the-goldhaven-story-two-continents-one-strategy-systematic-exploration-in-historically-productive-districts/ In other industry developments and happenings in the market include:Perpetua Resources (NASDAQ: PPTA) (TSX: PPTA) announced it has entered an agreement with the Idaho National Laboratory via Battelle Energy Alliance LLC for INL to host, commission and operate a flexible modular pilot processing plant capable of recovering critical minerals including antimony from the Company's ores. This initiative will demonstrate the feasibility of producing high-quality, military specification antimony trisulfide using material from the Stibnite Gold Project while strengthening workforce training in Idaho."We are proud to collaborate with Idaho National Laboratory to further strengthen America's defense capabilities and help secure a domestic source of antimony trisulfide," said Jon Cherry, President and CEO of Perpetua Resources. "This partnership highlights Idaho's role in national security and demonstrates our ongoing commitment to responsible resource development, job creation, and workforce training in Idaho."The pilot plant initiative is part of a broader partnership with the U.S. Army via the Defense Ordnance Technology Consortium to secure domestic sources of critical minerals. In May 2025, Perpetua was awarded up to $6.9 million in additional DOTC funding, bringing total DOTC awards to $22.4 million supporting the objective of establishing a fully domestic antimony trisulfide supply chain.Graphite One (TSXV: GPH) (OTCQX: GPHOF) has announced independent testing confirms elevated magnet and Heavy Rare Earth presence at its Alaska Graphite Creek deposit, with 85% of total REEs in the garnet material comprising magnet or Heavy Rare Earths. Testing performed by Activation Laboratory found elevated levels of Dysprosium ranging from 32-63 ppm, Yttrium ranging from 198-427 ppm, and Scandium ranging from 84-141 ppm in garnets from the deposit."While these results are preliminary, they are clearly promising," said Anthony Huston, CEO of Graphite One. "Few rare earth deposits have such a strong presence of magnet and Heavy Rare Earths."Garnets appear to be the reason for the relative abundance of HREEs at the deposit, which has already been confirmed by the USGS as the nation's largest natural graphite deposit and among the largest in the world. Graphite One is planning a 2026 REE testing program with a U.S. National Lab to determine the best method for extracting REEs from the Graphite Creek garnets.Centrus Energy (NYSE: LEU) has announced plans to expand its Oak Ridge centrifuge manufacturing plant to facilitate large-scale deployment of advanced uranium enrichment technology, creating nearly 430 jobs and investing more than $560 million in Anderson County, Tennessee. The expansion transitions the facility to high-rate manufacturing supporting both commercial and national security requirements, with first new centrifuges expected online in Ohio in 2029."We are proud to be leading the effort to restore America's ability to enrich uranium at scale – using American technology, built by American workers right here in Tennessee," said Amir Vexler, CEO of Centrus. "These advanced centrifuges are essential to meeting America's energy security and national security requirements."The Oak Ridge Technology and Manufacturing Center is the only uranium enrichment centrifuge manufacturing facility in the U.S., with Centrus recently awarded funding from the U.S. Department of Energy to expand its Ohio uranium enrichment plant. Centrus is the eighth company to utilize funding from Tennessee's Nuclear Energy Fund, demonstrating the state's position as the nation's epicenter for new nuclear development.Century Aluminum (NASDAQ: CENX) and Emirates Global Aluminium have entered a joint development agreement to build the first new primary aluminum production plant in the United States since 1980, with EGA owning 60% and Century owning 40% of the joint venture. The new plant in Inola, Oklahoma is expected to produce 750,000 tonnes of aluminum per year, more than doubling current U.S. production while creating 1,000 permanent direct jobs and 4,000 construction jobs."Our partner EGA brings world-class smelting technology and construction expertise that are fast-tracking our collective efforts to realize President Trump's vision of rapidly increasing domestic primary aluminum production," said Jesse Gary, CEO of Century Aluminum. "Key industries, such as automotive, aerospace, construction, packaging and importantly, national defense, stand to benefit greatly from this expanded production of this critical metal."Construction is expected to start by end of 2026 with production beginning by decade's end. The project combines EGA's expertise in aluminum smelting design and EGA's latest state-of-the-art EX technology with Century's extensive U.S. operations experience, addressing the current situation where 85% of American aluminum needs are met by imports.Article Source: https://usanewsgroup.com/goh-profile/ CONTACT:
USA NEWS GROUP
info @acblanke1DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. USA News Group is wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). This article is being distributed for Baystreet.ca Media Corp. ("BAY"), who has been paid a fee for an advertising campaign. MIQ has not been paid a fee for GoldHaven Resources Corp. advertising or digital media, but the owner/operators of MIQ also co-owns BAY. There may also be 3rd parties who may have shares of GoldHaven Resources Corp. and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material, including this article, which is disseminated by MIQ on behalf of BAY has been approved by GoldHaven Resources Corp. The scientific and technical information disclosed in this document have been reviewed and approved by two Qualified Persons (QPs). The Copeçal Technical Report identifies Jean-Marc Lopez, B.Sc., FAusIMM, as the Qualified Person responsible for the report. The report "GoldHaven Resources Completes Summer Exploration Programs" states that the technical information has been reviewed and approved by Jonathan Victor Hill, B.Sc. Hons, FAusIMM, an independent Qualified Person and Country Manager of GoldHaven. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.SOURCES:1.   https://federalnewsnetwork.com/congress/2026/01/lawmakers-propose-2-5b-agency-to-boost-production-of-rare-earths-and-other-critical-minerals/2.   https://www.spglobal.com/energy/en/news-research/latest-news/metals/010926-us-eu-to-further-intensify-critical-mineral-investments-as-china-tightens-hold3.   https://www.mining.com/global-scramble-for-critical-minerals-to-shape-markets-in-2026-bmi4.   https://www.foxbusiness.com/media/ceo-warns-aluminum-supply-chain-so-thin-single-fire-could-trigger-nationwide-crisisLogo - https://mma.prnewswire.com/media/2838876/5742695/USA_News_Group_Logo.jpg



View original content to download multimedia:https://www.prnewswire.com/news-releases/strategic-mineral-stocks-gain-ground-as-pentagon-pushes-for-secure-defense-supply-chains-302674309.html

Original: Strategic Mineral Stocks Gain Ground as Pentagon Pushes for Secure Defense Supply Chains

RLMLF .05 is another USA miner ,starting in same area of Idaho

Bought in a few shares today to keep an eye on it.

Interesting junior mining company.

This should put new eyes on PPTA ....
https://www.barchart.com/story/news/29863922/china-bans-exports-to-us-of-gallium-germanium-antimony-in-response-to-chip-sanctions

Geese folks...PPTA got the approval to proceed with the Stibnite antimony and gold project. This board should booming!

$PPTA investors finding $UAMY @ .60s: US Antimony Corp..ONLY operating USA mine. Also ONLY USA smelter. Located in Thompson Falls, Montana. $UAMY getting found. BIG play. Link
usantimony.com/uamy-product...

$PPTA investors finding $UAMY @ .60s: US Antimony Corp..ONLY operating USA mine. Also ONLY USA smelter. Located in Thompson Falls, Montana. $UAMY getting found. BIG play. Link
usantimony.com/uamy-product...

PPTA $$$ https://www.barchart.com/story/news/26993690/1-mining-stock-that-s-the-only-u-s-source-of-a-critical-metal

PPTA agreed could be a life changer... multiple X's here as the main stream is not even in yet

PPTA looks a stock ready for the future. Jon Cherry is helping quicken up the pace. Now let's get Forest Service to get the permitting done.

PERPETUA RESOURCES ANNOUNCES SALE OF SILVER ROYALTY FOR $8.5 MILLION IN PROCEEDS
March 21, 2024

Silver royalty proceeds complement the funding Perpetua has received through the Department of Defense to continue advancing permitting and construction readiness activities.

Silver represents less than 0.3% of projected life-of-mine revenue in the 2020 Feasibility Study

BOISE, ID – Perpetua Resources Corp. (Nasdaq: PPTA / TSX: PPTA) (“Perpetua Resources” or “Perpetua” or the “Company”) announced today that it entered into a Royalty Agreement (the “Agreement”) with a wholly-owned subsidiary of Franco-Nevada Corporation (“Franco-Nevada”) pursuant to which Perpetua, through its subsidiaries, sold Franco-Nevada a royalty (“royalty”) on the future payable silver production from the Stibnite Gold Project in exchange for a cash payment of $8.5 million (the “upfront payment”).

“This transaction allows Perpetua to monetize a non-strategic by-product from the Stibnite Gold Project and enhance our liquidity to cover a majority of our near-term priorities that are not covered by the funding we’ve received from the Department of Defense to advance permitting and construction readiness,” said Jon Cherry, President and CEO of Perpetua Resources. “Establishing a domestic source of the critical mineral antimony is more important than ever, and we stand ready to responsibly produce critical resources here at home and help strengthen America’s national and economic security.”

Highlights of the transaction:

$8.5 million upfront cash payment to Perpetua upon closing of the transaction

Franco-Nevada will receive all of the payable silver by-product revenue over the life-of-mine, subject to the terms of the Agreement

Silver represents less than 0.3% of projected life-of-mine revenue in the 2020 Feasibility Study

The additional liquidity provided from the upfront payment complements the funding that the company has secured through the U.S. Department of Defense

Perpetua intends to use the proceeds for general corporate purposes

“We appreciate Franco-Nevada’s continued confidence and support of the Stibnite Gold Project,” said Jessica Largent, CFO of Perpetua Resources. “We have been focused on minimizing equity dilution and this transaction combined with the full anticipated amount of Department of Defense funding represents over $80 million in non-dilutive capital. Moving forward, we will continue to evaluate various financing options that unlock shareholder value as we receive permits for our world-class project and transition towards construction.”

Perpetua’s proposed Stibnite Gold Project (the “Project”) is designed to re-establish a U.S. source of the critical mineral antimony as a by-product of one of the highest-grade open pit gold resources in the United States. The additional funding will allow the Company to continue advancing the construction readiness of the Stibnite Gold Project and support general corporate expenses related to the Project’s progress through the National Environmental Policy Act (“NEPA”) review process, led by the United States Forest Service (“USFS”).

For further information about Perpetua Resources Corp., please contact:

Chris Fogg

Investor Relations Manager

chris.fogg@perpetuacorp.us

Info@perpetuacorp.us

Mckinsey Lyon

Vice President External Affairs

media@perpetua.us

Website: www.perpetuaresources.com

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 the lowest carbon emissions grid in the nation and a portion of the antimony produced from the Project will be supplied to Ambri, a U.S.-based company commercializing a low-cost liquid metal battery essential for the low-carbon energy transition. Perpetua Resources has been awarded a Technology Investment Agreement (“TIA”) of up to $59.4 million in DPA Title III funding to advance construction readiness and permitting of the Project. Antimony trisulfide from Stibnite is the only known domestic source of antimony that can meet U.S. defense needs for many small arms, munitions, and missile types. In addition to the company’s commitments to transparency, accountability, environmental stewardship, safety and community engagement, Perpetua Resources adopted formal ESG commitments which can be found here.

Forward-Looking Information and Cautionary Note

Investors should be aware that full funding under the modified DPA TIA is subject to negotiation of the additional in-scope work and final availability of funds. Until the agreement is amended, the additional $34.6 million in funding will be unavailable. While Perpetua expects to enter into the modification in the first quarter of 2024, there is no assurance that we will be able to finalize the amendment on the expected timeline or at all. Additionally, funding under the DPA TIA is available only for the specified costs related to permitting, environmental baseline data monitoring, environmental and technical studies, and advancing construction readiness and is not available to fund the Company’s costs under its Administrative Settlement and Order on Consent obligations and certain corporate expenses. Statements contained in this news release that are not historical facts are "forward-looking information" or "forward-looking statements" (collectively, "Forward-Looking Information") within the meaning of applicable Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. Forward-Looking Information includes, but is not limited to, disclosure regarding possible events, next steps and courses of action including environmental clean up actions by us and our contractors; ongoing funding and anticipated liquidity; our ability to comply with and obtain permits related to the Stibnite Gold Project; actions to be taken by the Department of Defense, USFS, the State of Idaho and other government agencies and regulatory bodies; negotiation of the definitized agreement and anticipated approval of reimbursement requests; our ability to successfully implement and fund the Project and the occurrence of the expected benefits from the Project; our and Ambri Inc.'s ability to perform under the supply agreement, which agreement is subject to certain conditions, including identification of one or more refiners to transform our antimony concentrate into antimony metal, and mutual agreement on certain material terms, including volume and pricing. In certain cases, Forward-Looking Information can be identified by the use of words and phrases or variations of such words and phrases or statements such as "anticipate", "expect" "plan", "likely", "believe", "intend", "forecast", "project", "estimate", "potential", "could", "may", "will", "would" or "should". In preparing the Forward-Looking Information in this news release, Perpetua Resources has applied several material assumptions, including, but not limited to, assumptions that we will successfully negotiate a definitized agreement and that the full amount of the DPA award will be funded on the expected timeline; that the current exploration, development, environmental and other objectives concerning the Stibnite Gold Project can be achieved and that its other corporate activities will proceed as expected; that general business and economic conditions will not change in a materially adverse manner and that permitting and operations costs will not materially increase; that the review process under the NEPA (including any joint review process involving the USFS, the State of Idaho and other agencies and regulatory bodies) as well as the public review process and supplemental draft environmental impact statement will proceed in a timely manner and as expected; that we will be able to discharge our liabilities as they become due and continue as a going concern; that we will be able to obtain sufficient funding to finance permitting, pre-construction and construction of the Project and that all requisite information will be available in a timely manner. Forward-Looking Information are based on certain material assumptions and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Perpetua Resources to be materially different from any future results, performance or achievements expressed or implied by the Forward-Looking Information. Such risks and other factors include, among other things, changes in laws and regulations and changes in the application of standards pursuant to existing laws and regulations which may result in unforeseen results in the permitting process; uncertainty surrounding input to be received from regulators and community stakeholders; risks related to dependence on key personnel; risks related to unforeseen delays in the review process including availability of personnel from the USFS, State of Idaho and other state, federal and local agencies and regulatory bodies (including, but not limited to, potential future U.S. government shutdowns); risks related to opposition to the Project; risks related to increased or unexpected costs in operations or the permitting process; risks that necessary financing will be unavailable when needed on acceptable terms, or at all, and that we will be able to continue as a going concern; risks related to the outcome of litigation and potential for delay of the Project, as well as those factors discussed in Perpetua Resources' public filings with the U.S. Securities and Exchange Commission (the "SEC") and its Canadian disclosure record. Although Perpetua Resources has attempted to identify important factors that could affect Perpetua Resources and may cause actual actions, events or results to differ materially from those described in Forward-Looking Information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that Forward-Looking Information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on Forward-Looking Information. For further information on these and other risks and uncertainties that may affect the Company's business and liquidity, see the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of the Company's filings with the SEC, including Perpetua’s Annual Report on Form 10-K filed with the SEC on March 16, 2023 and subsequent Quarterly Reports on Form 10-Q filed with the SEC, which are available at www.sec.gov and with the Canadian securities regulators, which are available at www.sedar.com. Except as required by law, Perpetua Resources does not assume any obligation to release publicly any revisions to Forward-Looking Information contained in this news release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

https://www.investors.perpetuaresources.com/investors/news/perpetua-resources-announces-sale-of-silver-royalty

Looks like the bottom has been put in at $2.75 and OBV has turned up.

PERPETUA RESOURCES RECEIVES UP TO AN ADDITIONAL $34.6 MILLION UNDER THE DEFENSE PRODUCTION ACT
February 12, 2024

U.S. Department of Defense conditionally awards up to $34.6 million in additional funding to Perpetua Resources, bringing total Defense Production Act Title III funding to $59.4 million.

Defense Production Act Title III funding is designed to support construction readiness activities and environmental studies as the Stibnite Gold Project continues through the permitting process.

The Stibnite Gold Project is poised to be the only domestically mined source of the critical mineral antimony, which is essential for national defense.

https://www.investors.perpetuaresources.com/investors/news/perpetua-resources-receives-up-to-an-additional-34-million-under-the-defense-production-act

Adding here 3.03 thinking this is tax loss dip , perfect for me ... only inho very optimistic for 2024

Hopefully working it’s way back up GLTA LONGS

Long term investor but incredibly frustrated! 6-7 years is too long to wait! Down 60% like most! Lost opportunities to say the least! Even with insiders has taken too long by multiple years! Thanks to Paulson/Gold for hanging in there! This should be a win/win for everyone! Will bail in 2024 if nothing happens yet again! We have to quicken up government process and approval. Best of luck and maybe $$$ in the future!

per latest its 4th qtr to get approvals so still have a little time to get back in! all my dry powder is in NWBO so hope that hits before $PPTA takes off! nice to see gold over $2000/ounce today! the value of PPTA just keeps going up!!!

PPTA 4.70 and going for multiple x's imho

Bill Gates funded Ambri the liquid metal battery co that uses antimony! They have a purchase contract with ppta and along with the 25m government money is going to add to the value of our stock fairly soon! It really adds a to to our stock values!

10$ by years end! DoE/LPO & DoD look interested!!!!
DoD Issues $24.8M Critical Minerals Award to Perpetua Resources
https://www.defense.gov/News/Releases/Release/Article/3249350/dod-issues-248m-critical-minerals-award-to-perpetua-resources/
LPO Year in Review 2022
JANUARY 5, 2023
https://www.energy.gov/lpo/articles/lpo-year-review-2022
Project Pipeline Updates
As of the end of 2022, we are processing 125 applications asking for cumulatively $119.0B of loans and are averaging 1.4 new applications per week. To highlight this new generation of projects, LPO re-launched its popular poster series, featuring hydrogen, critical materials, and advanced fossil. We also launched the VPPieces blog series to educate consumers and other stakeholders about the role virtual power plants (VPPs) can play in the clean energy transition.

Form your own opinions & conclusions above!
IMHO: I think they are on the "want list!" for the DoD.....
Chico

PPTA 2.40 now 10x by 12 months imho only antomany mine in the US and on top of that 2nd largest gold mine and just now got the DPA with a 25 mil$ affirmation to get this permitted. We all know the hockey stick effect associated with final permit = big $ see latest news : https://finance.yahoo.com/news/perpetua-resources-receives-critical-minerals-120000236.html

They gave a presentation on the money show today.
Looks like the stock is bottoming out:

Thanks Mugs! I remember you from when I owned 180k shares and you were right there with me. Had to cash out some down to 8k. Can’t wait for $2k to 3k gold and over 100k per share. We have the Gold and the Antimony as a big plus, now Congress is looking our way! When the Rusky dick gets chopped off we will see everything coming our way! I can hardly wait!

hey Firedog! love your positive tude on PPTA! been following this stock for 7 years waiting for them to start digging. one of my stock services said they had 5.6 mil ounces of proven reserves which at 2000 per ounce would equate to $200/share so i'll take anything between 42 and 200!! the govt bureaucracy of getting permits is the biggest joke!!! maybe this russia fiasco will light a fire under our govt officials! GLTU!

Congressional call to action regarding the production of Antimony! PPTA will soon be up and running!

WOW! That’s relevant! Sorry for the bad news about the company….

I actually have 240 honor roll units from Chico State! I went to school for Ten (10) solid years. I have never ever been on Welfare! Can you make any kind of claims like mine? Didn’t think so!

How’s that GED education treating you now? 48 cents?! HAHAHA

Your GED Education is totally letting you down!

Well.. I’m just letting you know the truth. If that’s negative then maybe you and yours should take the hint.

Folks like you who continually approach this stock with such ease are dangerously investing more than your own future but that of the communities that surround this proposed project. If you cared about anyone else ... you’d change your mind.

No I do not work for this company or any other for that matter but what I do have is a positive attitude unlike yours which is totally negative and an affront to all of my fellow members who also have positive attitudes for which you seem to get off on with your totally negative and unappreciated bile! People here get nothing from you just like I suspect is the way your family feels about you!

Still shelling lies? That’s old news that was never and will never be the case. Do you work for the company... hmmm???

On our long-term gold price expectation of $2,500/oz., we estimate that Perpetua's NAV would increase to $42 per share, underscoring the positive convexity of the large and low-cost Stibnite asset."

$42.00 per share seems a little low!

$42.00 per share seems a little low!

Hey dog, obviously you have no ppta stock so why do you post your crap? Does it make you hard?

Hahaha hilarious. Another ruse. Toxic stock!

#PPTA: WHAT DO WE HAVE HERE.. ?

PPTA - MAJOR BUY ALERT

Local news....

https://www.boisestatepublicradio.org/environment/2021-07-22/restart-mining-historic-stibnite-district-raise-environmental-concerns

They changed the scope of the original approved application so it triggered another EPA review?

Why doesn’t this Company file a 10K audited financials?

What is the NPV per year if the mind is at full operation? Thank you