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Perpetua Resources Unveils 2024 Sustainability Report

Perpetua Resources Corp. (Nasdaq: PPTA) (TSX: PPTA) announced the publication of its 2024 Sustainability Report, marking the company’s twelfth annual report of its kind. This document details the significant progress made by Perpetua as it strives to meet its environmental, social, and governance (ESG) objectives, underscoring the firm’s unwavering commitment to responsible mining practices in the historic Stibnite Mining District of Idaho.

Key Achievements Highlighted in the Report

The 2024 sustainability report reveals some impressive achievements over the past year, reflecting Perpetua's dedication to minimizing its environmental impact while promoting sustainable community engagement. Highlights from the report include:

• - A remarkable 154 months without any reportable spills, reinforcing the company’s environmental compliance and safety protocols.
• - An admirable streak of 109 months without lost time incidents, showcasing a strong focus on workplace safety.
• - Full participation from all employees in business integrity and compliance training, indicating a collective commitment to ethical practices.
• - An investment of $19 million in legacy cleanup efforts aimed at restoring the site and improving local water quality since 2021.
• - Over 1,200 hours dedicated to community service by team members, emphasizing a commitment to local engagement.
• - A considerable contribution of $23.6 million to the Idaho economy in 2024, culminating in more than $132 million total since 2014.

Jon Cherry, President and CEO of Perpetua Resources, noted, "This year's sustainability report chronicles a period of significant progress for the Company, guided by our dedication to responsible stewardship and investment in the region we're proud to call home." Cherry highlighted the pivotal achievements of receiving the Final Environmental Impact Statement (FEIS) and Draft Record of Decision (ROD) in September 2024, followed by a Final ROD in January 2025, reasserting that these milestones position Perpetua closer to launching its crucial mining project.

What Lies Ahead

The primary focus of the Stibnite Gold Project is to mine antimony and gold, vital resources for U.S. national security and various industrial applications. As the only mined source of antimony in the United States, the project is set to play a crucial role not only in fulfilling defense needs but also in environmental reclamation of historical mining areas. The approach of modern, responsible mining practices ensures that the old mining site is revitalized and the environment is restored.

With the release of this report, Perpetua Resources aims to provide stakeholders with detailed insights into its sustainability practices and the framework for its ongoing operations. The transparency demonstrated through the report aligns with the principles of the Sustainability Accounting Standards Board (SASB) applicable to the Metals and Mining Industry - indicating Perpetua’s commitment to accountability.

Community and Environmental Impact

The report underscores the significant positive influence of Perpetua's operations not just on the environment, but also on the communities surrounding the Stibnite Gold Project. By investing in environmental restoration and engaging local communities, the company positions itself as a leader in the mining sector, particularly in the realm of ESG practices. The extensive contributions made towards local infrastructure, education, and community services are central to creating sustainable relations and fostering regional development.

Looking Forward

As Perpetua continues on its path to becoming a vital domestic supplier of critical minerals, the company is expected to maintain its commitment to transparent reporting and improving its sustainability practices. 2024 promises to be a year of further achievements as the company nears operational phases of its crucial project.

In conclusion, the 2024 Sustainability Report not only reflects Perpetua Resources' operational effectiveness but also its vision for sustainable mining that prioritizes the planet and people over profit. The commitment detailed within these pages serves as a blueprint for responsible mining, aiming to inspire other companies in the industry to follow suit.