The Future of American Mining Starts Here

The Stibnite Gold Project is a once-in-a-generation opportunity to transform a historic mining district into the foundation for America’s mineral future. Located in central Idaho’s historic Stibnite Mining District, the Project is designed to restore the environment while providing a secure source of the critical mineral antimony and unlocking one of the nation’s largest commercial-scale gold reserves. In uniting responsible mining practices, environmental restoration, and investment in local communities, the Project is a model in a new era of American mining.
 
After years of study, planning, stakeholder engagement and rigorous regulatory review, the Project received final federal approval in 2025 and early construction is now underway.

Refined Through Listening

The Stibnite Gold Project is guided by a sincere commitment to listening first, putting our commitments into action, and to being open and accountable.
We spent years studying the mine site and nearby locations and gathering community feedback before submitting our project design for approval. After years of scientific review and project refinement, we are now moving the Project into development with the same dedication to environmental stewardship, community partnership, and responsible operations that shaped our vision from day one.

Gold & Antimony

Two Resources, Strategically Connected

Gold and antimony work together. Perpetua’s 4.8-million-ounce gold reserve drives the project economically, while the 148-million-pound antimony reserve is the only identified reserve of the critical mineral in America.

The Stibnite Project stands to play a key role in supporting America because of antimony’s critical importance to national defense. Antimony is a crucial component for many military uses, and the Department of War has publicly stated that current supplies are very limited and that there is no available domestic supply source. To date, Perpetua has been awarded more than $80 million by the U.S. government to bring this project into production and secure a domestic antimony supply.

Communities

Local Investment, Shared Benefits

The Stibnite Gold Project is designed to create lasting benefits for communities across our region of Idaho, with investments intended to endure long after mining is complete. We see this work as a partnership, accomplished with the people who live, work, and raise families here. From local investments to job creation, our approach is grounded in creating outcomes that matter today and well into the future.

Restoration

Giving Stibnite a Second Life

Our restoration work began early: cleaning up legacy waste, improving water quality, and rebuilding river channels. The revenue from our future mining operations will directly fund restoration, linking resource development with environmental sustainability.

Mine Plan

The Stibnite Gold Project mine plan was approved by the U.S. Forest Service after nine years of public input, study, and revision. The final approved plan is designed to progress in phases, with mining and restoration happening in tandem. From early construction through final restoration, each phase of the Project progresses toward our long-term goals: safe and responsibly produced American minerals and a stable, restored site with improved environmental conditions.

Field workers maintaining machinery

Phase 1: Construction

Pre-Production & Construction

Site preparation is underway, including infrastructure development, access improvements, and environmental controls in place.

Worker hammering at a rock

Phase 2: Mining & Restoration

Operations and Concurrent Restoration

Mining and restoration go hand in hand. Early mining operations will occur alongside building a temporary fish passageway to reconnect salmon to spawning grounds, removing legacy materials, and working to reestablish wetlands.

Mining activities for gold and antimony will include extraction of ores from two previously mined open pit deposits – the Yellow Pine Pit and West End Pit and the creation of a new pit, the Hangar Flats Pit.

When mining is complete, the Yellow Pine Pit will subsequently be backfilled, and the East Fork South Fork of the Salmon River will be reestablished to flow naturally for the first time in nearly a century. Reestablishing the river supports fish migration to miles of habitat not naturally accessible today. The Hangar Flats pit will also be backfilled.

Field workers overlooking a mountain view

Phase 3: Final Restoration

Transition to Restoration-Led Phase

Once mining winds down, restoration and closure will become the primary focus across the site. Planned restoration activities include backfilling two of the three open pits and reestablishing the natural flow of the river.

During final closure, it’s our job to ensure all post-mining features are stabilized and the closed features are performing as expected – including meeting requirements relating to water quality, vegetation regrowth, and habitat and wetlands criteria.

What’s Happening Now

After years of evaluation, review, community collaboration, and 23,000+ letters of public support, the U.S. Forest Service issued a final Record of Decision in January 2025 and approved the company’s Plan of Operations in October 2025. After receiving approval of the Plan of Operations and posting the construction phase financial assurance required by federal and state agencies. Perpetua Resources started early works construction in October 2025. Additional critical path construction activities are now underway. Follow along to track the latest progress, milestones, and activity at Stibnite.