Perpetua Resources Corp. · TSX:PPTA

Perpetua Resources — Technical Presentation (September 2020)

31 slides from Perpetua Resources's technical presentation, September 2020

  1. Slide 1: Reclamation: The Stibnite Gold Project

    RECLAMATION THE STIBNITE GOLD PROJECT Valley County, Idaho Q3 2020

  2. Slide 2: Webinar Agenda

    WEBINAR AGENDA • Introduction • Reclamation & Closure Plan; Goals, Objectives & Strategies • General Reclamation Practices • Specific Reclamation & Closure Practices • Reclamation Summary

  3. Slide 3: Stibnite Gold Project

    STIBNITE GOLD PROJECT Coeur d’Alene Stibnite Gold Project Midas Gold Au-Sb IDAHO 3

  4. Slide 4: Historic Stibnite Mining District

    1890s The Thunder Mountain gold rush brings mining to the area 1900-1930 HISTORIC STIBNITE The town of Stibnite is established 1938 Mining at Yellow Pine pit stops 1941-1950 MINING salmon migration upstream The town of Stibnite booms when antimony & tungsten were declared critical & strategic minera

  5. Slide 5: Historic Legacy

    YELLOW PINE PIT HISTORIC The East Fork of the South Fork dumps into a legacy mine pit. Currently, ~80 feet of sediment has collected at the bottom LEGACY FISH PASSAGE Fish migration is TAILINGS blocked by 10.5 million tons of legacy spent ore and the Yellow unlined tailings interact with the water t

  6. Slide 6: Reclamation & Closure Plan

    RECLAMATION & Closure Plan Goals, Objectives & Strategies

  7. Slide 7: Goals, Objectives & Strategies

    GOALS, OBJECTIVES & STRATEGIES • Concurrent reclamation and restoration activities • Stabilize all mine facilities • Control storm and contact water • Restore SGP areas to self-sustaining productive use • Protect the public, wildlife and environment during construction, operations, site closure and

  8. Slide 8: Restoration: Upfront and Concurrent

    RESTORATION: Upfront and Concurrent Period Construction Operations Closure ACTIVITY 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 EFSFSR Diversion (tunnel) 2 On-Site Mine Remove spent ore in Meadow Creek valley 2 Features/Activities Legacy material reprocessing 4 Remove legacy development rock

  9. Slide 9: Strategy

    STRATEGY • Includes use of Adaptive Management • Construction • construction oversight, management, monitoring and documentation • Post-Construction • Use construction monitoring and documentation to: • Confirm or modify pre-construction design and approaches • Prepare completion reports • Modify (i

  10. Slide 10: General Reclamation Practices

    GENERAL RECLAMATION Practices

  11. Slide 11: Soils Survey & Salvage

    SOILS SURVEY & SALVAGE Tetra Tech 2017 STATSGO Identifies 9 Official Soil Series Tt IDed 6 SMU: 3 suitable and 3 unsuitable • Suitable: SMU fOD (stream channels); fTH (wetlands); and mTC (uplands) • Unsuitable: S45+ (> 45% slopes); sTC (excessive rock); and AoD (prev. disturbed/reclaimed) TOTAL GM/S

  12. Slide 12: RCP Soil Use: TSF Replacement Depths

    RCP SOIL USE PROPOSED GM/SBM TSF REPLACEMENT DEPTHS

  13. Slide 13: RCP Soil Use: DRSF & Upland Replacement Depths

    RCP SOIL USE PROPOSED GM/SBM DRSF & UPLAND REPLACEMENT DEPTHS

  14. Slide 14: Soil Mass Balance

    SOIL MASS BALANCE • GM/SBM BALANCE TOTAL GM/SBM Salvaged = 1,884,000 BCY TOTAL GM/SBM Replaced = 1,918,000 BCY Deficit = 34,000 BCY (1.8%) • GM/SBM STOCKPILES = 9 • GM/SBM ‘LIVE HANDLED’ = 150,000 BCY • OPTIONS TO ADDRESS GM DEFICIT IN ADDITION TO GENERATING COMPOST • Salvage cover from previously r

  15. Slide 15: Composting

    COMPOSTING OPPORTUNITIES TO BUILD SOILS COMPOSTING PROGRAM FOCUSED ON ADDING VOLUME AND IMPROVING GM QUALITY Improve GM quality with 10 tons per acre of compost Blend compost into GM to add volume. EVALUATE USE OF MATERIALS FROM PREVIOUSLY DISTURBED AREAS THAT CAN BECOME GM WITH AMENDMENT. On-site F

  16. Slide 16: Planting Prescriptions

    PLANTING PERSCRIPTIONS Establish self-sustaining grassland, shrub, and treed communities of “native” species VEGETATION TYPES Upland General Sites Upland Cool Sites Wetlands and Stream UPLAND REVEGETATION CLASSES Cool Aspect Grasslands General Grasslands Trees and Shrubs Parkland Trees and Shrubs Sh

  17. Slide 17: Reclamation Specific Closure Practices

    RECLAMATION Specific Closure Practices

  18. Slide 18: Facilities Specific Closure Practices

    FACILITIES SPECIFIC CLOSURE PRACTICES • Tailing Storage Facility • Hangar Flats DRSF • Backfilled Yellow Pine Pit • Fiddle DRSF • West End Pit • Burntlog Route and Thunder Mountain Roads • Fish Passage Tunnel • Exploration Related Sites • Underground Exploration • Plant Site and Worker Housing Facil

  19. Slide 19: Tailing Storage Facility (TSF)

    TAILING STORAE FACILITY (TSF) Regrade Hangar Flats DRSF Surface water controls on DRSF Cover TSF with two feet of Cap Material Cover TSF and Hangar Flats DRSF with one foot of GM Implement stream and wetland restoration

  20. Slide 20: Stream Reclamation | Stream Restoration

    STREAM RECLAMATION | STREAM RESTORATION —_ iio ape Reclamation: stable, static, i= Restoration: naturally dynamic, © little to no change; may not | Sean ae mimics mimic natural conditions Sr nditions

  21. Slide 21: Stream design to allow migration, avulsion, scour, deposition

    Stream design to allow migration, avulsion, scour, deposition

  22. Slide 22: (09 SVGIIN ens a0 fone

    0 (09 SVGIIN ens a0 fone GLOW YoReYy - ISI - 49819 MOpeaW, uBiseq }deou09 uoHRIO\sey PUENAM Puy Weas yalord plop auqns

  23. Slide 23: Yellow Pine Pit

    YELLOW PINE PIT Surface Controlled by EFSFSR channel and highwalls Mine operations will backfill to near final grade Highwalls remain in some areas Public access road Mine access road Cover with one foot of GM Implement stream and wetland restoration

  24. Slide 24: Stream design to allow migration, avulsion, scour, deposition

    Stream design to allow migration, avulsion, scour, deposition

  25. Slide 25: Vicinity Map

    VICINITY MAP. i. ia NOTES AND ASSUMPTIONS: ‘L_MINE CLOSURE GROUND SURFACE CONTOUR INTERVAL: 25' MAJORS, 5° MINORS. ') 2. FINAL GRADE OF MINE CLOSURE GROUND SURFACE INCLUDING THE YELLOW PINE PIT GRADING IS CONSIDERED PRELIMINARY AND WILL CHANGE IN FUTURE DESIGN PHASES AS THE YELLOW PINE PIT, WETLANDS

  26. Slide 26: Yellow Pine Pit - Today

    YELLOW PINE PIT - TODAY Upstream fish passage blocked since 1938 26

  27. Slide 27: Yellow Pine Pit - Restored

    YELLOW PINE PIT - RESTORED Permanently restore fish passage allows access to upstream restored/enhanced spawning and rearing habitat 27

  28. Slide 28: Power Transmission Line

    POWER TRANSMISSION LINE Post Construction Reclamation Construction Access Roads Laydown Yards Tensioning Areas Post Project Reclamation New T-Line Removal New T-Line Access Road

  29. Slide 29: Burntlog Route

    BURNTLOG ROUTE • Growth Media Salvage • Post Construction Reclamation • Post Project Obliteration of New Road • Post Project Narrowing of Upgraded Roads • Post Project Growth Media Replacement

  30. Slide 30: Performance Standards & Maintenance

    PERFOMANCE STANDARDS & MAINTENACE GOAL Demonstrate compliance with CFR 36 Chapter II Part 228 and reclamation and closure plan in accordance with IDAPA 20.30.02 and approved by IDL PROCESS Integrated with compliance and site monitoring programs (adaptive management) USFS, IDL and Midas Gold will for

  31. Slide 31: Reclamation Summary

    RECLAMATION SUMMARY Reclamation of 1,539 acres (81%) Concurrent Reclamation of 457 acres Placement of almost 2,000,000 CY of GM Live Handling of over 150,000 CY of GM Increased proposed GM placement from 6” in original PRO to 12” over DRSFs and TSF.

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