Perpetua Resources amends Hatch EPCM agreement to add POX/O2 system scope and set $204.3 million control budget

Reuters03-06
Perpetua Resources amends Hatch EPCM agreement to add POX/O2 system scope and set $204.3 million control budget

Perpetua Resources Corp. said its subsidiary Perpetua Resources Idaho, Inc. amended its engineering, procurement and construction management services agreement with Hatch Ltd. for the Stibnite Gold Project. The amendment adds the design and installation of the project’s pressure-oxidation and oxygen system to Hatch’s scope of work, updates the contract price and control budget, and finalizes a process guarantee. The updated total control budget is $204.3 million, including $42.0 million allocated to the POX/O2 system.

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