The results of PerpetuaResources' independent feasibility study envision the project becoming one of the largest and highest-grade open-pit gold mines in the United States. gold mining
The road from Yellow Pine, a historical trade center with a population less than 50 within the to Perpetua Resources’ Stibnite Gold project remains unchanged since the US government commissioned mining operations there to produce tungsten and antimony for the war effort in the 1940s.
The results of an independent feasibility study envision the project becoming one of the largest and highest-grade open-pit gold mines in the United States with over 4 million ounces of gold in reserve – and the country’s only primary producer of antimony. The mineral reserves include 14.2 Mt of high-antimony ore grading 0.42% antimony. The average annual metal production during the first four years of operation is expected to be approximately 463,000 troy ounces of gold and 18.4 million pounds of antimony per year.momentum on its legacy cleanup, bringing on IMCO Construction as a partner to begin water quality improvements in the Stibnite mining district.
The Yellow Pine pit is the crown jewel – and will be mined first. Environmental remediation needed is where the east fork of the south fork of a salmon river flows into the abandoned mining pit, where Chinook salmon and Bull trout migrate up the river – meaning miles of critical habitat. This a major milestone in the advancement of the project and provides clarity for the remainder of the National Environmental Policy Act process, the company said. due to improvements in water quality and temperature and site access benefits.
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