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PRNewsWire
18 days ago
U.S. EXIM's Board Advances Proposed $2.7 Billion Loan to Congressional Notice & Perpetua Announces Improved Project Economics
Updated Project Economics demonstrate Stibnite as a premier gold-antimony asset with base case after-tax NPV 5% of $3.5 billion at $3,250/oz gold, increasing to $6.1 billion NPV 5% at $4,500/oz gold 1 Cash balance of $714 million at year-end together with proposed $2.2 billion direct loan, if approved, would fund all estimated direct capital costs, ongoing exploration & corporate costs BOISE, ID, March 31, 2026 /PRNewswire/ - Perpetua Resources Corp. (Nasdaq: PPTA) (TSX: PPTA) ("Perpetua Resources" or "Perpetua" or the "Company") announced today the Board of the Export-Import Bank of the United States ("U.S. EXIM") unanimously agreed to notify Congress of a proposed $2.7 billion senior secured long-term loan for development of Perpetua's Stibnite Gold Project ("Stibnite" or "Project"). The proposed total comprises a direct loan of approximately $2.2 billion and the remainder for capitalized interest and fees.