Perpetua Resources Corporation, trading as PPTA or PPTA.TO, announced that its subsidiary, Perpetua Resources Idaho, has tentatively been awarded an additional $34.6 million under the existing Technology Investment Agreement. This funding is a part of Title III of the Defense Production Act and brings the total Title III funding to $59.4 million. It's important to note that the funding from the Defense Production Act does not interfere with the continuous NEPA review.
Laurel Sayer, President and CEO of Perpetua Resources, commented on the recent award from the Department of Defense, stating that it brings them closer to their vision for the Stibnite Gold Project.
