{
  "id": 241903,
  "title": "Perpetua makes tungsten discovery at Gold-Stibnite project in Idaho",
  "url": "https://urgent.news/2026/08/06/perpetua-makes-tungsten-discovery-at-gold-stibnite-project-in-idaho",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-06T23:09:08.000Z",
  "source": {
    "name": "Mining.com",
    "slug": "mining-com",
    "url": "https://www.mining.com/perpetua-discovers-tungsten-mineralization-at-gold-stibnite-project-in-idaho/"
  },
  "original_language": "en",
  "account": "Perpetua Resources has discovered potential tungsten deposits at its Gold-Stibnite project in Idaho, according to a company announcement on Thursday. Tungsten, a critical mineral with the highest melting point and extreme density, is essential for heavy industry, aerospace engineering, advanced electronics, and military defense systems. The United States ceased tungsten production in 2015 due to low prices and competition from China, which dominates global production at over 80% of the world's output. Perpetua CEO Jon Cherry stated that the company's focus is on drilling areas that align with their planned mining sequence and have the potential to add value. The discovery of multiple high-grade gold intervals and a new gold-tungsten discovery in recent drilling between allowed pits suggests the potential for expanding the Stibnite Gold project mine plan. Additionally, significant high-grade gold intercepts and a new gold-tungsten discovery were found in the Clark Tunnel Fault Zone, while critical mineral-focused drilling at the Hangar Flats deposit yielded substantial antimony-tungsten intercepts. These results indicate further opportunities to grow and unlock additional resources outside the current reserves, potentially contributing to the US supply chain for tungsten.",
  "summary": "Perpetua Resources has made a tungsten discovery at its Stibnite project in Idaho, identifying potential sources of the critical mineral within its permitted pits. The metal, which has the highest melting point of any metal and is essential for heavy industry, aerospace engineering, advanced electronics, and military defense systems, has not been produced in the US since 2015 due to low prices and competition from China. Tungsten production is dominated by China, which accounts for over 80% of global output. Perpetua CEO Jon Cherry stated that the company is focusing on drilling areas that align with its planned mining sequence, aiming to test higher-grade gold and antimony targets within its permitted pits to supplement its existing Stibnite Gold project mine plan. The discovery of tungsten, along with significant high-grade gold intercepts and scheelite, a tungsten-bearing mineral, in the Clark Tunnel Fault Zone and Huckleberry Fault Zone, presents opportunities to grow and unlock additional resources outside the current reserves.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}