Perpetua Resources Announces Full Year 2022 Highlights

BOISE, Idaho, March 17, 2023 /PRNewswire/ – Perpetua Resources Corp. (Nasdaq: PPTA) (TSX: PPTA) (“Perpetua Resources” or “Perpetua” or the “Company”) announced today that its Annual Report on Form 10-K for the year ended December 31, 2022 (the “Annual Report”), which includes its audited consolidated financial results for the period ended December 31, 2022, was filed. For details, please see the Company’s filings available on EDGAR and SEDAR.

Perpetua Resources’ vision is to provide the U.S. with a domestic source of the critical mineral antimony, develop one of the largest and highest-grade open pit gold mines in the country and restore an abandoned brownfield site. Perpetua Resources is focused on advancing the permitting for the Stibnite Gold Project (“Project”) through the National Environmental Policy Act (“NEPA”) process.

Full Year 2022 Highlights:

• Zero lost time incidents or reportable environmental spills

• Awarded up to $200,000 in United States Department of Defense funding to study antimony from the Stibnite Gold Project

• United States Forest Service (“USFS”) published the Supplemental Draft Environmental Impact Statement which identified Perpetua Resources’ proposed action as the Preferred Alternative (as defined below)

• Awarded a Technology Investment Agreement (“TIA”) of up to $24.8 million under Title III of the Defense Production Act (“DPA”)

• Completed summer field program including stream diversion activities and the removal of the Defense Minerals Exploration…