Financing SupportPerpetua announced it received a preliminary and non-binding indicative financing term sheet from the U.S. Export-Import Bank, improving the project's credibility and indicating strong ongoing interest from EXIM.
Market PositioningThere is anticipation for notable competition from large firms to work with Perpetua due to Stibnite's favorable standing with the government and positive geopolitical risk factors.
Project ApprovalPerpetua Resources received its conditional Notice to Proceed from the U.S. Forest Service for the Stibnite Gold Project, allowing the project to begin construction once financial assurance bonds are in place.