Perpetua Resources Reports New Gold Find at Stibnite Project
Perpetua Resources announces a new gold discovery at the Fiddle prospect and strong drill results from the Clark Tunnel Fault Zone at its Idaho project.
Perpetua Resources Corp. has disclosed a new gold discovery at the Fiddle prospect within its Stibnite Gold Project in Idaho, with the first drill hole returning 109.7 meters grading 3.2 grams per tonne gold and 1.1 percent antimony, according to a company announcement dated Nov. 4, 2026.
The Fiddle prospect sits south of the already-permitted Yellow Pine open pit, a location that could carry significance for future resource expansion at the site. The combination of gold and antimony — a critical mineral with defense and industrial applications — adds a strategic dimension to the find beyond its immediate gold value.
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Separately, continued drilling at the Clark Tunnel Fault Zone produced two notable intercepts: 25.4 meters grading 4.5 grams per tonne gold and 25.0 meters at 2.3 grams per tonne gold. The results reinforce the zone's potential as a high-grade contributor to the broader project.
The Stibnite Gold Project has drawn national attention in recent years as both a domestic gold source and a potential supplier of antimony, which the United States currently imports in significant quantities. Perpetua has previously received federal backing tied to the project's critical minerals profile.
The new drilling data suggests the project's mineralized footprint may be larger than previously defined, though further work will be needed to determine the economic scope of the Fiddle discovery. Continue reading at All Financial Services & Investing.
