Perpetua Resources Publishes 2022 Sustainability Report
BOISE, ID – Perpetua Resources Corp. (Nasdaq: PPTA / TSX: PPTA) (“Perpetua Resources” or “Perpetua” or the “Company”) released its 2022 Sustainability Report highlighting the Company’s key achievements and progress in advancing its environmental, social and governance (“ESG”) goals. The report, which is the Company’s 10th annual sustainability report, provides disclosure of ESG topics and aligns with the Sustainability Accounting Standards Board (“SASB”) reporting framework for the Metals and Mining Industry.
"Our vision has always been to use a modern approach to mining, so we can leave the historical Stibnite Mining District in better condition than we found it, strengthen our communities, and responsibly produce the minerals the world needs” said Laurel Sayer, President and CEO of Perpetua Resources. “I am proud to say we are putting this vision into action. There are many examples of how our team is already living up to this commitment throughout our 2022 sustainability report. Perhaps most notably is the early cleanup work our team began last summer to improve water quality conditions on site.”
Perpetua Resources’ 2022 Sustainability Report provides an in-depth look at the Company’s sustainability achievements over the last year, as well as the Company’s efforts 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.
2022 Sustainability Report Highlights:
130 months with no reportable spills
85 months with no lost time incidents
Launched a new community safety feedback program
100% of employees participated in business integrity and compliance related training
67% women executive management team
Began cleanup work on site to proactively address legacy water contamination
Team members volunteered 1,064 hours in the local community
“Being open about our environmental, social and governance practices is essential to earn the trust of our communities and stakeholders. Our sustainability report is not only an opportunity for our team to celebrate our progress and accomplishments but also an important tool for our stakeholders to hold us accountable to our past commitments,” said Sayer. “If we want to build more resilient supply chains, restore the environment, and help support the growth of stronger communities, we understand we must continue to communicate transparently and maintain trust with our communities.”
For further information about Perpetua Resources Corp., please contact:
Chris Fogg
Investor Relations Manager
chris.fogg@perpetuacorp.us
Info@perpetuacorp.us
Mckinsey Lyon
Vice President External Affairs
media@perpetua.us
Website: www.perpetuaresources.com
About Perpetua Resources and the Stibnite Gold Project
Perpetua Resources Corp., through its wholly owned subsidiaries, is focused on the exploration, site restoration and redevelopment of gold-antimony-silver deposits in the Stibnite-Yellow Pine district of central Idaho that are encompassed by the Stibnite Gold Project. The Project is one of the highest-grade, open pit gold deposits in the United States and is designed to apply a modern, responsible mining approach to restore an abandoned mine site and produce both gold and the only mined source of antimony in the United States. Further advancing Perpetua Resources’ ESG and sustainable mining goals, the Project will be powered by the lowest carbon emissions grid in the nation and a portion of the antimony produced from the Project will be supplied to Ambri, a US-based company commercializing a low-cost liquid metal battery essential for the low-carbon energy transition. Perpetua Resources has been awarded a Technology Investment Agreement of up to $24.8 million in Defense Production Act Title III funding to advance construction readiness and permitting of the Project. Antimony trisulfide from Stibnite is the only known domestic source of antimony that can meet U.S. defense needs for many small arms, munitions, and missile types. In addition to the company’s commitments to transparency, accountability, environmental stewardship, safety and community engagement, Perpetua Resources adopted formal ESG commitments which can be found here.
Forward-Looking Information and Cautionary Note
Statements contained in this news release that are not historical facts are "forward-looking information" or "forward-looking statements" (collectively, "Forward-Looking Information") within the meaning of applicable Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. Forward-Looking Information includes, but is not limited to, disclosure regarding the timing and outcome of the mediation process and potential settlement of the Nez Perce Tribe Clean Water Act litigation. In certain cases, Forward-Looking Information can be identified by the use of words and phrases or variations of such words and phrases or statements such as "anticipate", "expect" "plan", "likely", "believe", "intend", "forecast", "project", "estimate", "potential", "could", "may", "will", "would" or "should". In preparing the Forward-Looking Information in this news release, Perpetua Resources has applied several material assumptions, including, but not limited to, assumptions that the mediation and settlement discussions will proceed on the anticipated timeline and terms, that all requisite information will be available in a timely manner and that the settlement is approved. Forward-Looking Information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Perpetua Resources to be materially different from any future results, performance or achievements expressed or implied by the Forward-Looking Information. Such risks and other factors include among other things, comments or challenges to the settlement by regulators or other parties as well as those factors discussed in Perpetua Resources' public filings with the U.S. Securities and Exchange Commission (the "SEC") and its Canadian disclosure record. Although Perpetua Resources has attempted to identify important factors that could affect Perpetua Resources and may cause actual actions, events or results to differ materially from those described in Forward-Looking Information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that Forward-Looking Information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on Forward-Looking Information. For further information on these and other risks and uncertainties that may affect the Company's business, see the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of the Company's filings with the SEC, including Perpetua’s Annual Report on Form 10-K filed with the SEC on March 16, 2023, which are available at www.sec.gov and with the Canadian securities regulators, which are available at www.sedar.com. Except as required by law, Perpetua Resources does not assume any obligation to release publicly any revisions to Forward-Looking Information contained in this news release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.