Sunday Feb 19, 2023
JRI 20: Perpetua Resources and Building for the Future by Addressing the Past
Time Stamps below. Please like and subscribe! Perpetua Resources is a late-stage developer focused on The brownfield Stibnite Gold Project in the abandoned Stibnite Mining District in mining-friendly Idaho. It is home to well over 4 million ounces of recoverable gold and one of America’s largest deposits of Antimony, a critical resource. It trades on the TSX and on the NASDAQ under the ticker PPTA. Time Stamps:
01:30: Elevator pitch for Perpetua
03:00: Laurel and her career experience
04:20: Jess and her career experience at majors
09:00: Perpetua’s Geos
11:00: Share structure
13:30: Cash-on-hand and burn rate and DoD funding
15:45: History of Perpetua’s Stibnite land package
18:00: Past environmental impacts
20:00: Use of their money to exceed baseline environmental regulatory standards
22:40: Recent public comment period on Perpetua’s Environmental Impact Statement, US Forest Service Approval
24:00: Orphan Period on the Lassonde and permitting.
25:00: Jurisdiction
27:00: Further discussion of permitting process – where they’ve been and where they’re going
30:00: Timeline for moving to construction
31:20: Derisking of permits not reflecting in share price appreciation
37:00: Macro tailwinds
38:00: Use of Antimony and its role as critical mineral, pricing, etc.
43:30: Any future exploration? Revisiting FS?
45:50: The deposit: grade, size, geology, planned mine strategy, strip ratio, etc.
48:50: Metallurgy and Recovery process
50:20: Favourable project economics
52:15: Further project optimisation?
53:45: 0-18 month catalysts
54:45: Final thoughts
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