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Perpetua Resources Welcomes Executive Order Powering Domestic Critical Mineral Production

Perpetua Resources Welcomes Executive Order Powering Domestic Critical Mineral Production ...

articlePerpetua Resources Corp.March 21, 20253/company/perpetua-resources-corp-1/news/perpetua-resources-welcomes-executive-order-powering-domestic-critical-mineral-production
Perpetua Resources Welcomes Executive Order Powering Domestic Critical Mineral Production

About this update from Perpetua Resources Corp.

[{"type":"text","content":"\n\n\n\n Perpetua Resources Welcomes Executive Order Powering Domestic Critical Mineral Production\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.prntaj{\nTEXT-ALIGN: JUSTIFY\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n BOISE, Idaho\n \n\n ,\n \n\n March 21, 2025\n \n\n /CNW/ - Perpetua Resources Corp. (Nasdaq: PPTA) (TSX: PPTA) (\"Perpetua Resources\" or \"Perpetua\" or the \"Company\") today welcomed President\n \n Donald Trump's\n \n sweeping\n \n Executive Order\n \n to strengthen American mineral production and reduce U.S. reliance on foreign nations for its mineral supply. The Stibnite Gold Project (\"Project\"), which received a positive Record of Decision from the U.S.\n \n Forest Service\n \n in\n \n January 2025\n \n , is poised to produce gold and the only domestically mined source of the critical mineral antimony.\n \n\n \"Today's Executive Order is a resounding endorsement of American mining, and the Stibnite Gold Project is a prime example of why critical mineral production in America requires immediate attention and prioritization. Between its national security implications, eight years of permitting review, and a comprehensive environmental restoration plan, this project is ready to move forward,\" said\n \n Jon Cherry\n \n , President and CEO of Perpetua Resources. \"We are very encouraged to see this action to unlock a new era of American critical mineral dominance.\"\n \n\n Among its provisions, the Executive Order empowers use of the Defense Production Act to elevate domestic production capabilities and provides for program guidance on financing tools for mining projects made available through the U.S. Export-Import Bank (\"EXIM\").\n \n Perpetua received a Letter of Interest\n \n from EXIM in 2024 for\n \n $1.8 billion\n \n . The Company is evaluating the new programs that have been announced to determine the Stibnite Gold Project's potential eligibility. In the meantime, the Company continues to advance its\n \n studies with\n \n Sunshine Silver\n \n\n to evaluate development of a full-scale antimony processing facility in\n \n Idaho\n \n ...

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