Perpetua Resources Corp. · TSX:PPTA

Perpetua Resources — Technical Presentation (June 2020)

42 slides from Perpetua Resources's technical presentation, Jun 4, 2020

  1. Slide 1: Stream Restoration: The Stibnite Gold Project

    STREAM RESTORATION THE STIBNITE GOLD PROJECT Valley County, Idaho Rob Richardson – Principal Geomorphologist, Rio ASE

  2. Slide 2: Reclamation vs Restoration

    RECLAMATION RESTORATION Reclamation: stable, static, Restoration: naturally little to no change; may not dynamic, deformable, mimic natural conditions resilient; mimics natural conditions Meadow Creek, ID Meadow Creek, ID

  3. Slide 3: Fisheries Goals

    FISHERIES GOALS Goals Results Restoration of volitional passage Restoration of passage • Early passage, during mine operations, through • Early on in the project and a long closure, and beyond. awaited permanent solution Restoration of spawning and rearing habitat Access to miles of improved habitat

  4. Slide 4: Current Conditions

    CURRENT CONDITIONS Rendering of existing Yellow Pine pit looking upstream EFSFSR Fish Barrier Yellow Pine Pit 4

  5. Slide 5: During Mining

    DURING MINING Rendering of proposed tunnel alignment looking downstream Downstream (North) transition back to EFSFSR EFSFSR Tunnel, 0.9-mi. long Upstream (South) diversion into tunnel 5

  6. Slide 6: Stream Access

    Existing cascade passage barrier Proposed new stream access for migratory fish: During Operations: 6.4 miles After Restoration: 6.0 miles STREAM ACCESS (based on intrinsic potential for Chinook Salmon and Steelhead) Enhancement Enhancement Restoration No Change

  7. Slide 7: Access Upper EFSFSR

    ACCESS UPPER EFSFSR

  8. Slide 8: EFSFSR and Meadow Creek

    EFSFSR and MEADOW CREEK Restored/Enhanced EFSFSR and Meadow Creek • Passage enhancements • Engineered log jams • Other spawning and rearing habitat enhancements • Blowout Creek no longer contributing excess sediment • Spent leach ore and Bradley tailings no longer contributing metals loading 8

  9. Slide 9: Stream Design

    STREAM DESIGN Goal: Reclaim and/or restore disturbed streams and floodplain from historical and proposed mining activities to improve habitat conditions for aquatic species and mitigate for project impacts. Stream Design Report: Section 1.3

  10. Slide 10: Stream Design Objectives

    STREAM DESIGN OBJECTIVES General Stream Design Objectives Stream Design Project Area • Provide fish passage above Yellow Pine pit • Restore high-quality stream channels over the top of proposed mine features at closure o Develop a stable yet functionally dynamic and resilient stream channel and floo

  11. Slide 11: Stream Design Objectives

    STREAM DESIGN OBJECTIVES Objectives Reach-Specific Stream Design Objectives • Biological (species of interest: Chinook salmon, steelhead, bull trout, and Westslope cutthroat trout) o Fish Distribution o Fish use periodicity o Habitat Requirements o Intrinsic Potential (Anadromous Salmonids) • Physic

  12. Slide 12: Stream Design Process

    STREAM DESIGN PROCESS Reach Delineation Stream Design Approach: • Same process for all streams • Project Area reach delineation • Reference site analysis • Develop physical design criteria o Reference site data o Empirical formulae o Published design guidelines • Assign biological objectives based o

  13. Slide 13: Stream Design Process

    STREAM DESIGN PROCESS Reference Sites Stream Design Approach: • Same process for all streams • Project Area reach delineation • Reference site analysis • Develop physical design criteria o Reference site data o Empirical formulae o Published design guidelines • Assign biological objectives based on

  14. Slide 14: Stream Design Process

    STREAM DESIGN PROCESS Design Criteria Stream Design Approach: • Same process for all streams • Project Area reach delineation • Reference site analysis • Develop physical design criteria o Reference site data o Empirical formulae Including Watershed Condition o Published design guidelines Indicators

  15. Slide 15: Stream Design Criteria

    STREAM DESIGN CRITERIA Biological Objectives Stream Design Approach: • Same process for all streams • Project Area reach delineation • Reference site analysis • Develop physical design criteria o Reference site data o Empirical formulae o Published design guidelines • Assign biological objectives ba

  16. Slide 16: Stream Design Criteria

    STREAM DESIGN CRITERIA Biological Objectives Stream Design Approach: • Same process for all streams • Project Area reach delineation • Reference site analysis • Develop physical design criteria o Reference site data o Empirical formulae o Published design guidelines • Assign biological objectives ba

  17. Slide 17: EFSFSR Over YPP

    EFSFSR OVER YPP East Fork South Fork Salmon River (EFSFSR) 18

  18. Slide 18: EFSFSR Over YPP

    EFSFSR OVER YPP Restoration Objectives • Restore migratory fish passage through YPP to upstream reaches • Target isolated spawning and rearing habitat creation • Allow geomorphically appropriate natural channel process (migration, avulsion, scour, deposition) • Increase hydraulic and geomorphic dive

  19. Slide 19: EFSFSR Over YPP

    EFSFSR OVER YPP Floodplain is 5-10x the bankfull channel width EFSFSR over YPP Example Proposed Stream Liner Details (DRAFT) Layers of Material Over the Liner Total Liner Depth Approximate Reach Mine Facility Protection Armor Layer Stream Bed and Below the Floodplain Liner Width (ft)* (Transition) L

  20. Slide 20: Final Restoration

    FINAL RESTORATION 21

  21. Slide 21: Restoration Examples: Building New Banks

    RESTORATION EXAMPLES Building New Banks Brush Layer Fabric Encapsulated Soil Lift (FESL) 22

  22. Slide 22: Restoration Examples: Building New Banks

    RESTORATION EXAMPLES Building New Banks Fabric Encapsulated Soil Lift 1-Year After Construction Big Springs Creek, 23 ID

  23. Slide 23: Restoration Examples: Building New Banks

    RESTORATION EXAMPLES Building New Banks Roughened Bank Structure 24

  24. Slide 24: Restoration Examples: Building New Banks

    RESTORATION EXAMPLES Building New Banks Roughened Bank Structure Construction 1- Year After Lemhi River, 25 ID

  25. Slide 25: Restoration Examples: Habitat Features

    RESTORATION EXAMPLES Habitat Features Large Woody Debris 26

  26. Slide 26: Restoration Examples: Habitat Features

    RESTORATION EXAMPLES Habitat Features Large Woody Debris Construction Immediately After Construction Yankee Fork River, 27 ID

  27. Slide 27: Restoration Examples: Grade Controls

    RESTORATION EXAMPLES Grade Controls Constructed Riffle 28

  28. Slide 28: Restoration Examples: Grade Controls

    RESTORATION EXAMPLES Grade Controls Immediately After Construction Lemhi River, ID Constructed Riffle Construction 29

  29. Slide 29: Restoration Examples: Catherine Creek Oregon

    RESTORATION EXAMPLES Catherine Creek Oregon During Construction 30

  30. Slide 30: Restoration Examples: Catherine Creek Oregon

    RESTORATION EXAMPLES Catherine Creek Oregon 1-Year After Construction 31

  31. Slide 31: Restoration Examples: Catherine Creek Oregon

    RESTORATION EXAMPLES Catherine Creek Oregon 5-Years After Construction 32

  32. Slide 32: Performance Criteria

    PERFORMANCE CRITERIA Performance Standards Overall Performance Standards • From the CMP (March 8, 2019) section 11.1 • Stream Design (as-built conditions) • Physical Channel Conditions • Riparian Vegetation • Functions and Values o Evaluated using Stream Functional Assessment Note: Timeline based on

  33. Slide 33: Stream Functional Assessment

    STREAM FUNCTIONAL ASSESSMENT

  34. Slide 34: Stream Functional Assessment: Introduction

    STREAM FUNCTIONAL ASSESSMENT Introduction The Stream Functional Assessment (SFA) Ledger was developed in coordination with natural resource management and regulatory agencies to be used for the Stibnite Gold Project (SGP) to: • Track the impacts/benefits to streams before, during and after mining fo

  35. Slide 35: Stream Functional Assessment: Framework - Elements

    STREAM FUNCTIONAL ASSESSMENT Framework - Elements The SFA uses a modified version of the Watershed Condition Indicators Matrix (WCI Matrix) (USFS 2003, 2010) along with several fish use indicators to evaluate stream condition by measuring up to 20 elements that reflect specific functional indicators

  36. Slide 36: Stream Functional Assessment: Framework - Elements

    STREAM FUNCTIONAL ASSESSMENT Framework - Elements • The 20 elements analyzed within the SFA Ledger are based on field data, GIS desktop analysis, modeling estimates and professional judgment • Baseline data were collected between 2012 and 2019 from a number of sources and originated from on-site mon

  37. Slide 37: Framework: SFA Reach Generation

    STREAM FUNCTIONAL ASSESSMENT Framework – SFA Reach Generation Consistent Reaches Example SFA reach delineation combining hypothetical reaches across phases where reach breaks per phase are identified by black dots on the blue stream line, while the combined reach breaks for the SFA are identified by

  38. Slide 38: Framework: Element Scoring Criteria

    STREAM FUNCTIONAL ASSESSMENT Framework – Element Scoring Criteria Indicator Temperature Element (oC) 7DADM Rearing Spawning Rating FA ≤12 ≤12 FR >12 – ≤15 >9 – ≤10 UR >15 >10 Water Quality Granitic Basin <12% 12% - 18% >18% Fine Sediment (%) Non-Granitic Basin < 3% 3% - 6% >6% Chemical Contaminants

  39. Slide 39: Framework: Functional Index

    STREAM FUNCTIONAL ASSESSMENT Framework – Functional Index Functional Index (FI) is the normalized weighted average score of scorable elements within each reach as seen in the formula below. Where: FI = Functional Index EWi = Weight of Element i Ei = Score of Element i (1, 2 or 3) Reach score = (sum

  40. Slide 40: Framework: Functional Units

    STREAM FUNCTIONAL ASSESSMENT Framework – Functional Units Measured using Functional Units (FU): Quality Quantity 𝐹𝑈 = 𝐹𝐼 ∗ 𝐿𝑒𝑛𝑔𝑡ℎ ∗ (𝑆𝑡𝑟𝑒𝑎𝑚 𝑂𝑟𝑑𝑒𝑟 + 1) Where: FU = Functional Units FI = Functional Index The functional unit is the mitigation currency proposed for the SGP such that…

  41. Slide 41: Stream Functional Assessment: Results

    STREAM FUNCTIONAL ASSESSMENT Results

  42. Slide 42: Questions

    Questions RioASE.com Rob@RioASE.com Phone: (208) 559-4615 WWW.MIDASGOLDIDAHO.COM EMAIL: info@midasgoldinc.com PHONE: (208) 901-3060

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