Oct. 20 at 12:16 PM
$PPTA The word is getting out on Perpetuas similar development-stage company
$THM both focussing on advancing gold projects in the USA.
The Technical Report Summary projects a mine that could process 65,000 tons per day, producing 6.4 million ounces of gold over 21 years, with capital expenditures estimated at US
$1.92 billion.
International Tower Hill Mines (THM) and Perpetua Resources (PPTA) share several overlapping institutional investors. Sprott Inc. but the major common investor between them is Paulson & Co. Inc, largest shareholder in both; known for strategic gold-sector positions.
Their active development is the Livengood Gold Project, located 70 miles (113 km) northwest of Fairbanks, Alaska, along the Elliott Highway.