Perpetua Resources names Mark Murchison as new CFO

Perpetua Resources Corp. (NASDAQ: PPTA) (TSX: PPTA) announced that Mark Murchison will succeed Jessica Largent as chief financial officer, effective October 1, 2025.

Largent notified the board of directors of her intent to step down from her CFO role and board position on October 1, 2025, and retire on January 2, 2026. She will remain as advisor to the CFO through the end of 2025 to facilitate the transition and support ongoing project financing.

Murchison brings over 25 years of experience in metals and mining, including seven years as CFO of Alacer Gold and 12 years in various financial leadership roles at Rio Tinto. He joins Perpetua from US Vanadium, where he has served as CFO and secretary since 2022.

During his tenure at Alacer, Murchison managed capital allocation and planning for a $750 million autoclave expansion at the company's mine in Turkey. The company delivered a total shareholder return of more than 300% and merged with SSR Mining to create a $5.0 billion diversified gold producer.

"Having raised over $650 million in equity, royalty, and Department of War grant funding over the past four years, and initiating the Company's application for up to $2.0 billion in project financing from the Export-Import Bank of the United States, Jessica leaves the Company well positioned to secure project financing," said President and CEO Jon Cherry.

The company expects early works construction to commence this fall after posting financial assurance for its Stibnite Gold Project.

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