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 termsLegal 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 recordsIndustrial 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 gapsFinancial 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
· 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)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 $59.2M and is not cash paid; these are three versions of one agreement, not three separate awards.
Full financial instrument, conditions and field-level evidenceLoan · Export-Import Bank of the United States2,906 [US$ millions] · Decided · Commitment
- Provider organizations
- Export-Import Bank of the United States
- Recipient
- Perpetua Resources Idaho, Inc.Perpetua Resources Idaho, Inc.
- Legal authority as stated
- Make More in America Initiative
· 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 evidenceCapital 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 currencyCommitted 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.
Policy context
These records directly parent the project's finance or designation entries. Their presence does not establish a causal effect on industrial activity.
19 Dec 2022 · Ended
DoD Defense Production Act support for Perpetua's Stibnite antimony project
U.S. Department of Defense
21 May 2026 · Active
EXIM final approval of project finance for the Stibnite Gold Project
Export-Import Bank of the United States
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.
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.
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.
| Source | Fields supported | Evidence level | Location |
|---|---|---|---|
| DoD Issues $24.8M Critical Minerals Award to Perpetua Resources U.S. Department of Defense · Source dossier |
| Explicit DoD names the Stibnite-Gold Project in central Idaho and identifies antimony trisulfide as the defense-relevant output. | Opening paragraphs |
| Perpetua Resources Corp., Form 10-Q for the quarter ended June 30, 2026 Perpetua Resources Corp. / U.S. Securities and Exchange Commission (EDGAR) · Source dossier |
| Explicit The filing describes development of the mine project and the processing plant as part of the approved project scope. | Project financing and 2026 outlook sections |
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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