Perpetua Resources Corp. (NASDAQ: PPTA) (TSE: PPTA) announced on Monday it was added to the Market Vectors Junior Gold Miners Index and the VanEck Junior Gold Miners ETF (GDXJ).
This will be effective after market close on March 21, 2025. The GDXJ is a globally recognized exchange-traded fund, tracks small-cap companies focused on gold and silver development and mining.
By including Perpetua, the ETF may boost the company’s common share liquidity and enhance the Stibnite Gold Project’s appeal to investors seeking exposure to a leading gold project and the only potential mined source of antimony in the United States.
“This inclusion reflects the hard work and dedication of our team and positions Perpetua to attract a broader base of institutional and retail investors,” said Jon Cherry, president and CEO.
Furthermore, Perpetua redevelops gold-antimony-silver deposits in the Stibnite-Yellow Pine district of central Idaho, which make up the Stibnite Gold Project.
The Stibnite Gold Project ranks among the highest-grade open-pit gold deposits in the United States and applies a modern, responsible mining approach to restore an abandoned mine site while producing gold and the nation’s only mined source of antimony.
The project will also operate on one of the country’s lowest carbon emissions grids. Additionally, a portion of the antimony produced will go to Ambri, a U.S.-based company commercializing a low-cost liquid metal battery critical for the low-carbon energy transition.
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Perpetua working to reduce environmental footprint
The Department of Defense awarded Perpetua Resources a USD$59.2 million Technology Investment Agreement (TIA) under Defense Production Act Title III (DPA) funding to advance construction readiness and permitting for the project.
Stibnite’s antimony trisulfide serves as the only known domestic source capable of meeting U.S. defense needs. Typical uses for the mineral include small arms, munitions, and missile types. Perpetua Resources has also adopted formal ESG commitments.
Perpetua Resources integrates environmental stewardship, social responsibility, and strong governance (ESG) into its operations. The company also prioritizes site restoration by rehabilitating the historically impacted Stibnite site while responsibly developing its gold-antimony-silver resources.
It commits to transparency, community engagement, and safety, ensuring responsible mining practices. Further, the Stibnite Gold Project will operate on one of the nation’s lowest carbon emissions grids, reducing its environmental footprint.
Additionally, Perpetua supplies domestically mined antimony for low-carbon energy storage through a partnership with Ambri.
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