Business

Perpetua Resources and Sunshine Silver Announce Agreement to Advance Domestic Antimony Supply Chain

Perpetua Resources and Sunshine Silver Announce Agreement to Advance Domestic Antimony Supply Cha...

articlePerpetua Resources Corp.December 9, 20243/company/perpetua-resources-corp-1/news/perpetua-resources-and-sunshine-silver-announce-agreement-to-advance-domestic-antimony-supply-chain
Perpetua Resources and Sunshine Silver Announce Agreement to Advance Domestic Antimony Supply Chain

About this update from Perpetua Resources Corp.

[{"type":"text","content":"\n\n\n\n Perpetua Resources and Sunshine Silver Announce Agreement to Advance Domestic Antimony Supply Chain\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n MOU signed to explore feasibility of utilizing\n \n Sunshine Silver's\n \n permitted antimony plant site to process concentrates from both Stibnite Gold and\n \n Sunshine Silver\n \n .\n \n\n\n\n Antimony concentrate from the Stibnite Gold Project could be processed alongside\n \n Sunshine Silver's\n \n own production, together achieving up to 40% of annual U.S. antimony demand\n \n\n\n\n\n BOISE, Idaho\n \n\n ,\n \n\n Dec. 9, 2024\n \n\n /CNW/ - Perpetua Resources Corp. (Nasdaq: PPTA) (TSX: PPTA) (\"Perpetua Resources\" or \"Perpetua\" or the \"Company\") today announced its wholly owned subsidiary Perpetua Resources Idaho, Inc. has entered into a Memorandum of Understanding (\"MOU\") to explore antimony processing opportunities with Sunshine Silver Mining & Refining Company (\"Sunshine Silver\" or \"Sunshine\"), also based in\n \n Idaho\n \n .\n \n\n Testing under the MOU, which is non-binding and non-exclusive, will evaluate the technical potential for processing and refining antimony from the Stibnite Gold Project in\n \n Idaho\n \n at the Sunshine Mine Complex. The MOU will initiate third-party engineering to evaluate a flowsheet to suit different antimony ore types and follows engagement between the parties' technical and executive teams.\n \n\n \"Perpetua's MOU with\n \n Sunshine Silver\n \n is a step in evaluating a fully integrated American antimony supply chain,\" said\n \n Jon Cherry\n \n , President and CEO of Perpetua Resources. \"The Stibnite Gold Project is the only identified domestic reserve of antimony, and with final federal decisions expected in a matter of weeks, Perpetua is ready to work with U.S. companies to help secure domestic production of antimony.\"\n \n\n \"A fully American antimony supply chain is paramount for U.S. national and economic security,\" said\n \n Heather White\n \n , CEO of\n \n Sunshine Silver\n \n . \...

More updates from Perpetua Resources Corp.