Perpetua Resources Corp. announced it has been awarded up to $6.9 million in additional funding from the U.S. Army via the Defense Ordnance Technology Consortium (DOTC).
This new funding builds upon the $15.5 million previously awarded to the company in August 2023, bringing the aggregate Department of Defense funding to over $80 million.
The funds are designated for expanded material sampling and increasing the scope and size of a flexible, modular pilot plant to demonstrate the feasibility of producing military-specification antimony trisulfide from the Stibnite Gold Project.
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