Perpetua Resources (PPTA) Enters Agreement for Camp Supply and Installation at Stibnite Gold Project

Perpetua Resources Corp. (NASDAQ:PPTA) has entered a camp supply and installation agreement with ATCO Structures & Logistics for its Stibnite Gold Project. This follows the company receiving its final federal permit in Q2 2025 and closing $474 million in gross proceeds from equity financing. Perpetua Resources remains focused on finalizing remaining permits for the project to support early works construction expected to begin in the fall of 2025.

Perpetua Resources Corp. (NASDAQ: PPTA) has recently entered into a significant agreement with ATCO Structures & Logistics for the supply and installation of camps for its Stibnite Gold Project. This development follows the company's receipt of its final federal permit in the second quarter of 2025 and the successful closure of a $474 million equity financing round Perpetua receives preliminary EXIM term sheet for $2bn Stibnite financing^[2].

The agreement, which was announced on August 29, involves Perpetua Resources paying ATCO $131.7 million for camp supply services. This move is part of the company's broader strategy to support early works construction, which is slated to commence in the fall of 2025 Perpetua Resources Corp On Aug 29, Unit Entered Agreement With ATCO For Camp Supply^[1].

The Stibnite Gold Project, located in central Idaho, is one of the largest permitted gold development projects in the United States. The project contains gold, silver, and antimony mineral deposits and has received considerable attention for its potential economic impact and environmental considerations Perpetua Resources Provides EXIM Financing Update and Highlights Stibnite Gold Project Next Steps^[3].

Perpetua Resources has also made progress in securing potential debt financing for the project. The company has received a preliminary, non-binding indicative term sheet from the Export-Import Bank of the United States (EXIM) for a $2 billion loan, which is part of a preliminary project letter (PPL) Perpetua receives preliminary EXIM term sheet for $2bn Stibnite financing^[2]. The final consideration by the EXIM board is expected in spring 2026, highlighting the company's commitment to advancing the project through various stages of review and application.

In addition to these advancements, Perpetua Resources remains focused on finalizing the remaining permits required for the project. The company aims to commence early works construction in the fall of 2025, marking a critical milestone in the project's development.

As Perpetua Resources continues to make progress on its Stibnite Gold Project, investors and financial professionals will closely monitor the company's efforts to secure additional financing, finalize permits, and move forward with construction. The company's strategic partnerships and financial commitments underscore its commitment to realizing the project's full potential.