Perpetua Resources Reports New Gold Find at Stibnite Project
Perpetua Resources announces a new gold discovery at its Fiddle prospect and strong results from the Clark Tunnel Fault Zone at its Idaho mine site.
Perpetua Resources Corp. 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% antimony, according to a company announcement dated Nov. 4, 2026.
The Fiddle prospect sits south of the already-permitted Yellow Pine open pit, suggesting the company's explorable footprint at Stibnite may extend beyond its currently approved development area. The dual presence of gold and antimony — a critical mineral with strategic defense applications — could add further significance to the find.
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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 grading 2.3 grams per tonne gold. Those results reinforce the fault zone as a high-grade target within the broader Stibnite complex.
The Stibnite Gold Project, based near Yellow Pine, Idaho, has been in permitting and development for years and represents one of the more closely watched domestic gold and antimony projects in the United States. Analysts tracking critical mineral supply chains have noted antimony's growing strategic importance given limited domestic production.
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