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USUnited StatesSeveral public bodies of one government

Stibnite Gold Project

central Idaho

prj-us-stibnite

What does the record establish?

A gold-antimony-silver development; only antimony is tracked as a material in SMPT.

Financial standing

2 directly linked instruments. Recorded financial states: Disbursed; Decided. A commitment, a payment and a project cost remain separate.

Inspect instruments and terms

Legal and policy context

2 parent policy records; 0 project designations. Designation confers standing, not finance. Material and stage overlaps with controls do not establish a restriction on this project.

Read the policy records

Industrial evidence

No source-reviewed project milestone is published in this corpus. Financing records may still contain attributed activity reports; this gap does not establish inactivity.

See evidence gaps

Financial evidence and chronology

Each instrument keeps its own financial history. These dates describe financial states, not construction or production. Amounts are the current recorded terms, not historical amounts at every date below.

Grant · U.S. Department of Defense, Air Force Research Laboratory$59.2 million · Disbursed · Commitment
Provider organizations
U.S. Department of Defense
Recipient
Perpetua Resources Idaho, Inc.Perpetua Resources Idaho, Inc.
Legal authority as stated
Defense Production Act Title III
  1. · Contracted

    Perpetua Resources Idaho entered into the undefinitized Technology Investment Agreement effective 16 December 2022.

    Perpetua Resources Corp. / U.S. Securities and Exchange Commission (EDGAR)
  2. Exact status date not stated · Disbursed

    The June 2026 Form 10-Q states that the TIA expired on 16 June 2025, all available funds had been disbursed, and no additional funds remained available.

    Perpetua Resources Corp. / U.S. Securities and Exchange Commission (EDGAR)

No additional structured terms are recorded. See the full instrument for its evidence and qualifications.

One row represents the same DPA Technology Investment Agreement across amendments, avoiding double-counting the original $24.8M award and the later $34.4M addition. The agreement was definitized at $24.8M in July 2023, modified by an additional $34.4M in May 2024, and ultimately fully disbursed. F4-B2 reviewed history separates the December 16, 2022 up-to-$24.8M undefinitized TIA (temporary $18.6M funding-availability cap), July 25, 2023 definitization at $24,812,062 not-to-exceed, and the May 2, 2024 amendment increasing the exact ceiling to $59,224,176. The published amount stays rounded at up to $59.2M and is not cash paid; these are three versions of one agreement, not three separate awards.

Full financial instrument, conditions and field-level evidence
Loan · Export-Import Bank of the United States2,906 [US$ millions] · Decided · Commitment
Recipient
Perpetua Resources Idaho, Inc.Perpetua Resources Idaho, Inc.
Legal authority as stated
Make More in America Initiative
  1. · Decided

    EXIM's board gave final approval. The bank's transaction table labels the transaction 'Authorized'; SMPT maps this to decided because definitive loan documentation had not yet been executed.

    Export-Import Bank of the United States

No additional structured terms are recorded. See the full instrument for its evidence and qualifications.

EXIM's official transaction table uses 'Authorized', but the commitment remains non-binding in SMPT's lifecycle until definitive loan documents are executed. The June 2026 filing states that availability depends on completion of definitive documentation and satisfaction of conditions precedent. EXIM's May 21, 2026 board record names Perpetua Resources Idaho Inc. as prospective borrower/PSOR and the Canadian-incorporated Perpetua Resources Corp. as proposed guarantor; this classification does not imply execution of a loan or guarantee.

Full financial instrument, conditions and field-level evidence

Capital stack

One layer per value role. Only committed public money, and joint-vehicle money apart from it, is summed, per currency; everything else is listed. There is no total across layers.

Public commitments

2 rows · summed per currency

Committed to a recipient by a government or public enterprise, at the status each row states. A contracted, partially disbursed or disbursed row is binding because an agreement is executed; payment is tracked separately by status. A contracted row need not mean funds are obligated or paid, and a partially disbursed row is not fully paid. Summed per currency and per instrument, never across either; a part is never added to its package.

USD

Grant1 row

Binding

Up to
59.2 million

Loan1 row

Not yet binding

Stated exactly
2.906 billion

2 counted

Source-reviewed industrial observations

No source-reviewed project milestone is published for this undertaking. Any financing-row activity reports below remain attributed observations, not independently reviewed project milestones. Missing evidence does not establish inactivity.

Control clauses on the same materials and stages

Clauses whose covered items share a material and a supply-chain stage with this project, with their legal status on 3 Nov 2026. An overlap of items, not a finding that the project is affected.

Record

Sponsors
Not stated
Location
central IdahoUS
Stages
Mining, Processing
Materials
AntimonyAlso names: gold; silverIncludes untracked materials
Programmes
None recorded
Latest financing-row activity report
ConstructionDate not statedPerpetua Resources Corp.

What remains unknown

Gaps describe the available SMPT record. They do not establish that an activity did not occur.

  • No project-native source-reviewed industrial milestone is published. Attributed activity in financing histories remains a separate evidence class; no exact milestone date or facility-wide conclusion is inferred.
  • The project registry does not identify a sponsor organization. Providers and recipients are recorded separately.
  • Historical amount review is incomplete. Current amounts cannot be read as a time series of earlier commitments.
  • Structural links and shared materials do not demonstrate that a government measure caused an industrial outcome.

Evidence

Every project fact names the source that states it.

  1. DoD Issues $24.8M Critical Minerals Award to Perpetua Resources

    U.S. Department of Defense

    Fields supported
    Name · Location · Materials
    Evidence level
    Explicit
    Location in document
    Opening paragraphs
    Qualification
    DoD names the Stibnite-Gold Project in central Idaho and identifies antimony trisulfide as the defense-relevant output.
    View source dossier →
  2. Perpetua Resources Corp., Form 10-Q for the quarter ended June 30, 2026

    Perpetua Resources Corp. / U.S. Securities and Exchange Commission (EDGAR)

    Fields supported
    Supply-chain stages
    Evidence level
    Explicit
    Location in document
    Project financing and 2026 outlook sections
    Qualification
    The filing describes development of the mine project and the processing plant as part of the approved project scope.
    View source dossier →

For citations, open a parent policy record for BibTeX, RIS and CSL formats. Cite original documents for claims about government action.

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