Perpetua Resources Corp. announced that the Company is making progress as it continues to advance the Stibnite Gold Project ("Stibnite Gold Project" or "Project") through the regulatory process and toward a construction decision. On January 1, 2024, the U.S. Forest Service ("USFS") released an updated schedule for the Project.

Based on the updated schedule, the Company anticipates that the USFS will publish a Final Environmental Impact Statement ("FEIS") and a Draft Record of Decision ("DROD") in the second quarter of 2024 and a Final Record of Decision ("ROD") in the fourth quarter of 2024.