Global conflicts and disrupted supply chains have strained US ammunition supplies.
The grants will be used to evaluate whether antimony samples from the Stibnite Gold Project can meet military specifications for the US munitions supply chain.
The Stibnite Gold Project is expected to be the only mined source of the critical mineral antimony therein The United States.
BOISE, ID, September 19, 2022 /PRNewswire/ — Perpetua Resources Corp. PPTA PPTA (“Perpetua Resources” or “Perpetua” or the “Company”) announced today that the Company has received two grants from the U.S. Department of Defense (“DOD”) to the Defense Logistics Agency (“DLA”) to study domestic military production -grade antimony trisulfide, an essential component of ammunition and dozens of other defense materials. receive perpetual motion $200,000 overall, to evaluate whether antimony from the Stibnite Gold Project (“Project”) can meet military specifications (“Mil-Spec”) to help secure America’s supply chain for defense and commercial munitions while providing alternative methods for purifying antimony trisulfide to evaluate.
“Antimony from the Stibnite Gold Project site served our national defense needs during World War II (“WWII”) and Perpetua is confident we can be part of the solution again,” he said Laurel Sayer, President and CEO of Perpetua Resources. “We are grateful for this opportunity to work with the Department of Defense to demonstrate our project can develop reliable and domestically sourced antimony trisulfide for defense and commercial munitions. It would be a great honor to support the independence of our country’s defense supply chains and the brave men and women who serve our country.”
Perpetua submitted two proposals for DLA’s Production of Energetic Materials and Associated Precursors Small Business Innovation Research (“SBIR”) grant request. As described in the objective of the grant, the program focuses on reducing “foreign dependency and single sources of error for domestic production of energy…
