New gold discovery boosts Perpetua’s Stibnite project
Fiddle’s discovery hole returned 109.7 meters grading 3.2 g/t gold and 1.1% antimony, among the most significant mineralized intercepts encountered at the project, the company said.
Perpetua Resources has announced a significant gold discovery at its Stibnite Gold project in central Idaho, with the new discovery made during its 2026 exploration drilling program. The discovery, made by the Fiddle hole (SB633), returned 109.7 meters grading 3.2 g/t gold and 1.1% antimony, making it one of the most significant mineralized intercepts encountered at the project.
The Stibnite project, which is fast-tracked by the Trump administration as part of efforts to strengthen the US critical minerals supply chain, is set to produce roughly 450,000 ounces of gold annually, supported by proven and probable reserves of 148 million pounds of antimony and over six million ounces of gold. The discovery of the Fiddle target, located approximately 750 meters south of the permitted Yellow Pine pit along the Meadow Creek Fault Zone, adds a new target area to the project's growing in-pit and near-pit resource base.
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