Stibnite project drilling returns high-grade gold, antimony and tungsten
Perpetua Resources reported new high-grade gold, antimony, tungsten drill results from its Stibnite project in Idaho, the first exploration drilling in nearly a decade.
Yellow Pine drilling hit 21.3 meters at 3.2 g/t gold with 0.9% tungsten, highlighting a new gold-tungsten zone near the planned pit sequence.
Hangar Flats drilling returned antimony-tungsten mineralization, including 22.9 meters at 3.2% antimony with 1.2% tungsten, supporting tungsten as a potential second critical mineral.
A 10,000-meter 2026 core program is underway with 4 rigs; about 5,800 meters has been completed, with scope to expand based on results.
A tungsten-focused exploration funding proposal was submitted to U.S. government agencies to support drilling, metallurgical work, and resource evaluation.
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