Perpetua Resources Provides Construction & Exploration Update
Perpetua Resources reported steady construction progress at the Stibnite Gold Project, with Burntlog Route access road earthworks underway, worker-housing civil works completed, and powerline equipment procurement well advanced with Idaho Power. The exploration program surpassed its planned 10,000 meters in August and has been expanded, with drilling at Clark Tunnel Fault Zone, Fiddle, Scout, and Hangar Flats following significant near-surface gold grades and tungsten mineralization at CTFZ.
Key figures
- Ctfz drilling
- 5 holes / 1,900 meters completed end of August
- Scout drilling
- 15 holes / 2,300 meters completed, 21 planned for season
- Fiddle drilling
- 8 holes / 2,400 meters completed, 2 in progress
- Drill program meters
- 10,000-meter mark surpassed in August; program expanded
AI analysis
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