Perpetua Resources Welcomes Mark Murchison as New CFO Following Jessica Largent's Departure
On October 1, 2025, Perpetua Resources Corp. announced a significant leadership change within its financial department, with the appointment of Mark Murchison as its new Chief Financial Officer (CFO). This transition comes as Jessica Largent steps down after a successful tenure, during which she played a crucial role in the development of the Stibnite Gold Project, a project essential to Perpetua's growth strategy.
Jessica Largent's contributions have been pivotal, particularly in guiding the company through complex permitting processes and facilitating essential early financing. Over the past four years, under her leadership, Perpetua has successfully raised upwards of $650 million through various funding sources, including equity, royalty agreements, and grants from the U.S. Department of War. As Largent prepares to retire on January 2, 2026, she will remain as an advisor until the end of the year to aid in a smooth transition and support ongoing project financing efforts.
Mark Murchison brings with him over 25 years of experience in finance and the mining sector, making him a seasoned addition to the leadership team at Perpetua. His career highlights include an impressive seven-year tenure as CFO of Alacer Gold, where he managed significant funding initiatives, such as a $750 million autoclave expansion at the Alacer mine in Turkey. During his watch, Alacer achieved a remarkable total shareholder return exceeding 300%. Murchison also spent 12 years in various financial leadership roles at Rio Tinto, setting a strong foundation for his capabilities in capital project management and financial strategy.
In his new role, Murchison will be at the forefront of securing the necessary project financing and will lead the financial functions as the Stibnite Gold Project gears up for its construction phase. The project has been making strides recently, with expectations for early works construction to commence this fall, following the requisite financial assurance postings. This critical phase is seen as a step closer to transforming the project into a fully operational venture in 2026.
President and CEO Jon Cherry expressed the company’s gratitude for Largent's thoughtful leadership and expressed confidence in Murchison’s capabilities to steer the financial aspects of the project effectively. With Murchison's expertise, the company is well-positioned to navigate the complexities of project finance and capitalize on upcoming opportunities.
Moving forward, Perpetua Resources Corp. remains committed to its mission of becoming a progressive leader in the precious metals sector. As the company transitions financially and organizationally, it looks forward to the potential that Murchison’s leadership will unveil, driving significant advancements for the Stibnite Gold Project and aligning it with the company’s future growth ambitions.
For more detailed information on the leadership transition and the Stibnite Project’s progress, visit the official Perpetua Resources website.