This from Sun Silver (SS1) announcement on 10/9/2024:
Antinomy (Sb) – Highest Priority Critical Mineral for United States of America
Antinomy, a critical mineral which plays a vital role in ensuring a more secure and sustainable future.
Antinomy has numerous applications in defence, technology and energy, including its use in munitions
(military equipment and ammunition), semiconductors and clean energy storage batteries.
China has recently announced restrictions on the export of Antimony (Sb). China and its allies Russia &
Tajikistan account for a total of 90% of world Antimony production.
Within the United States of America (USA) Perpetua Resources Corp. (Nasdaq: PPTA / TSX: PPTA) Stibnite
Gold Project will provide the only locally mined source of Antimony once in production. Their current
production plans will only meet 35% of the USA’s demand.
Stibnite Gold project holds proven and probable mineral reserves of 104Mt at 0.064% Sb for 67,442t
contained Sb. Project resources include inferred and indicated resource of 132Mt at 0.07% Sb for 93,387t
contained Sb and inferred resource of 36mt at 0.04% Sb for 13,277t contained Sb6
.
PPTA has secured USD$59.4M in funding via the Defense Production Act Title III to advance its Stibnite
Gold project.7
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- Ann: Desktop Studies Confirm Antimony Prospects at HillgroveSouth
Ann: Desktop Studies Confirm Antimony Prospects at HillgroveSouth, page-7
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