Seasoned mining finance executive Mark Murchison brings over 25 years of finance, mining, and capital project experience. Jessica Largent to remain as advisor to CFO through the end of 2025 to facilitate transition and support ongoing project financing. Early works construction is expected to commence this fall after posting Financial Assurance
Perpetua Resources Corp. announced today that Jessica Largent has notified the Board of Directors of her intent to step down from her role as Chief Financial Officer and as a member of the Board of Directors of the Company, effective October 1, 2025, and to retire on January 2, 2026, having served in key financial roles to shepherd the Stibnite Gold Project (“Project”) through permitting and early financing. The Board of Directors has appointed Mark Murchison to succeed Ms. Largent as Chief Financial Officer, effective October 1, 2025.
“We are extremely grateful for Jessica’s thoughtful leadership as Perpetua worked through the permitting process and prepared for construction,” said President and CEO, Jon Cherry. “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 and transition to full construction in 2026. We are excited to welcome Mark to pick up the reins for the next stage of development and believe his global capital project experience and proven leadership will be an asset as the Project moves into construction.”
Mark Murchison joins the Company with over 25 years of experience in metals and mining, including seven years as Chief Financial Officer of Alacer Gold (“Alacer”) and 12 years in various financial leadership roles at Rio Tinto. Mr. Murchison joins Perpetua from US Vanadium, a private vanadium producer based in Arkansas, where he has served as Chief Financial Officer and Secretary since 2022. Mr. Murchison has significant experience in capital project management, including raising project finance and managing capital allocation and planning for a $750-million autoclave expansion at the Alacer mine in Turkey. During his tenure, Alacer delivered a total shareholder return of more than 300% and culminated in Alacer Gold’s strategic merger with SSR Mining to create a $5.0 billion diversified gold producer. Mr. Murchison will join Perpetua’s management team to lead the finance functions as the Company secures project financing for the Project and commences construction.
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