Perpetua Resources Corp. · TSX:PPTA
Perpetua Resources — ESG Presentation (June 2022)
28 slides from Perpetua Resources's sustainability presentation, June 2022
Slide 1: Perpetua Resources ESG Webinar – June 2022
ESG Webinar – June 2022 NA S DAQ : P P TA TS X : P P TA Perpetua Resources Responsi bl e Mining. Critical Resources. Clean Future.
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS Information and statements contained in this presentation 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
Slide 3: Cautionary Note & Technical Disclosure
CAUTIONARY NOTE & TECHNICAL DISCLOSURE The presentation has been prepared by Perpetua Resources management and does not represent a recommendation to buy or sell these securities. Investors should always consult their investment advisors prior to making any investment decisions. All references to “d
Slide 4: Why Perpetua Resources?
WHY PERPETUA RESOURCES? ✓ Redeveloping one of largest, highest grade and lowest cost gold projects in the U.S.* ✓ Superior project economics with ~15 year reserve life and <3 year payback period * ✓ Providing a U.S critical mineral to power batteries enabling the low-carbon energy transition and for
Slide 5: The Stibnite Gold Project
THE STIBNITE GOLD PROJECT Our goal is to take an area abandoned after 100 years of mining activity and use a sustainable approach to restore the environment and develop a modern mining project helping power a lower carbon future through critical mineral production. 5
Slide 6: Our Approach
OUR APPROACH Responsible mining is essential to a more sustainable future • Restore and develop abandoned brownfield site • Leave the area better than we found it • Create a legacy of economic benefits for the region • Provide critical minerals needed for secure supply chains • Be transparent, liste
Slide 7: Restoring an Abandoned Brownfields Site
RESTORING AN ABANDONED BROWNFIELDS SITE ENVIRONMENTAL SOLUTIONS FUNDED THROUGH MINE DEVELOPMENT SEDIMENTATION METAL LEACHING BLOCKED FISH MIGRATION Early repair of the largest Pick up, reprocess, reuse and Re-establish fish migration and provide source of sedimentation safely store 10.5M tons of tem
Slide 8: Project Built with Solutions in Mind
PROJECT BUILT WITH SOLUTIONS IN MIND Restoring the environment and driving towards a more sustainable future 2019: Perpetua 2010: Geologic and 2016: Perpetua submits submits Modified PRO Plan of Restoration and 2021: Headquarters environmental evaluation (ModPRO) to USFS Operations (PRO) to USFS mov
Slide 9: Delivering Results and Raising the Bar
DELIVERING RESULTS AND RAISING THE BAR 2021 Performance: 2022 Targets: ✓ Adopted integrated Environmental, Occupational ✓ Further strengthen Board diversity and experience ❑ Health and Safety Management System ✓ Launch Sustainability Roadmap ❑ ✓ Delivered improvements to project design currently und
Slide 10: The Perpetua Way
THE PERPETUA WAY RESPONSIBLE. RESTORATIVE. CRITICAL. We are driven by the understanding that building a strong and successful business starts with doing business the right way. We know that economic success and environmental success are inseparable. We designed our project to restore the environmen
Slide 11: Strong Stakeholder Support
STRONG STAKEHOLDER SUPPORT Doing the right thing is good for our business, our stakeholders and our future. Accountability. Trust. . Partnership Our Stakeholders Business Partners, Vendors & Suppliers Communicating our Community Members Building and vision, values and plans. Employees maintaining tr
Slide 12: Moving Forward with Idaho
MOVING FORWARD WITH IDAHO https://www.youtube.com/watch?v=oSn9yw9GnBI 12
Slide 13: Working Together: Transparency + Accountability
WORKING TOGETHER Community Agreement TRANSPARENCY + ACCOUNTABILITY VILLAGE OF YELLOW PINE CASCADE Through a community agreement signed in 2018, the Stibnite Advisory Council brings DONNELLY together communities across central Idaho NEW MEADOWS to discuss the challenges and opportunities RIGGINS pres
Slide 14: Stibnite Advisory Council: Citizen Action for Water
STIBNITE ADVISORY COUNCIL Independent Water Quality Monitoring program CITIZEN ACTION FOR WATER “Having access to clean water and pristine rivers is a value all In 2021, the Stibnite Advisory Council and Perpetua Resources partnered to start a Idahoans share, and it is one citizen’s independent wate
Slide 15: Stibnite Foundation: Endowment for the Future
STIBNITE FOUNDATION Sustained Economic Benefits for the Region ENDOWMENT FOR ❑ $100,000 + shares after the formation of the foundation in 2018 THE FUTURE ❑ $100,000 first quarter of 2019 ❑ $100,000 first quarter of 2020 ❑ $100,000 upon Record of Decision for Stibnite The 2018 Community Agreement Gol
Slide 16: Community Engagement
COMMUNITY ENGAGEMENT Actively strive to serve the community 16
Slide 17: Critical for the American Future
CRITICAL FOR THE AMERICAN FUTURE ANTIMONY (Sb): A “critical mineral” that is vital to U.S. national security and will support the transition to a green economy DEFENSE TECHNOLOGY ENERGY Night Vision Goggles Circuit boards Copper wiring insulation Military Clothing Semi-conductors Lead-acid batteries
Slide 18: American Innovation and Minerals
AMERICAN INNOVATION AND MINERALS LIQUID METAL BATTERY The liquid metal battery fundamentally changes the way power grids operate and enables the transition to carbon-free power grids. MISSING PIECE FOR NET ZERO GRID Ambri’s antimony-based, liquid metal battery is the large-capacity, low-cost, reliab
Slide 19: Extensive Stakeholder Engagement
EXTENSIVE STAKEHOLDER ENGAGEMENT 2016: Perpetua submits 2019: Perpetua 2020: Perpetua Plan of Restoration and submits Modified submits refined Operations (PRO) to PRO (ModPRO) to ModPRO2 to USFS USFS USFS 6 years of environmental study and 4+ years of additional public input and gathering public fee
Slide 20: NEPA at Work
NEPA AT WORK Public feedback and refinement create the best plan T R A N S PA R E N C Y : Re s u l t s o f t h e 2 0 2 0 7 5 - D a y E I S R E F I N E M E N T : A g e n c i e s Re s p o n d i n g to t h e P u b l i c Public Comment Period The U.S. Forest Service & cooperating agencies will: • Review
Slide 21: Perpetua's Refined Proposed Action
PERPETUA’S REFINED PROPOSED ACTION WHAT WE HEARD PROJECT IMPROVEMENTS 10% reduction in total volume mined Reduce the project footprint (44 million tons) 70% reduction in Hangar Flats pit size Improve water quality (the pit can be completely backfilled) 7% reduction in disturbance from open pits (37
Slide 22: Permitting – Next Steps
PERMITTING – NEXT STEPS NOA for DEIS In Federal EIS Project Alternatives & Register Submittal Administrative Pre-work Initiation & Environmental Prepare of PRO Approval & Planning Public Scoping Analysis Draft EIS DEIS Comment Period We are Engineering & Design here NOA for FEIS & Draft ROD Publish
Slide 23: Committed to Strong Corporate Governance
COMMITTED TO STRONG CORPORATE GOVERNANCE CORPORATE GOVERNANCE COMMITTEE OVERSIGHT OF ESG TOPICS • Supports transparency and accountability AUDIT COMPENSATION • Approach designed to mitigate risk • Compliance • Executive Compensation • Whistleblower Policy • Fair Labor Practices • Dedicated to highes
Slide 24: Advancing Best ESG Practices
ADVANCING BEST ESG PRACTICES MATERIALITY ASSESSMENT • SASB reporting framework for metals & mining • Guiding principles outlined in Perpetua’s ESG Policy • Industry peer assessment • Review with management and board of directors 2021 MATERIAL TOPICS Environment Social Governance GHG Emissions Workfo
Slide 25: Diverse, Experienced Leadership Team
DIVERSE, EXPERIENCED LEADERSHIP TEAM EXECUTIVE TEAM Laurel Sayer Jessica Largent Mckinsey Lyon Alan Haslam Michael Bogert Tanya Nelson Board Director & CEO Chief Financial Officer VP, External Affairs VP, Permitting General Counsel VP, Human Resources CORPORATE BOARD Marcelo Kim Bob Dean David Deisl
Slide 26: Valuation Upside Through ESG Premium
VALUATION UPSIDE THROUGH ESG PREMIUM TRADING COMPARABLES – EV / EBITDA PERPETUA’S VALUE PROPOSITION: 21.6x • Strategic partnership with Ambri significantly increases strategic and long-term value 14.9x • Antimony by-product to power batteries for long duration, daily cycling energy storage • Develop
Slide 27: A Unique American Opportunity
A UNIQUE AMERICAN OPPORTUNITY ✓ Redeveloping one of largest, highest grade and lowest cost gold projects in the U.S.* ✓ Superior project economics with ~15 year reserve life and <3 year payback period * ✓ Providing a U.S critical mineral to power batteries enabling the low-carbon energy transition a
Slide 28: Thank You.
THANK YOU. w w w. p e r p e t u a r e s o u r c e s . c o m 28