<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>SCHEDULE 13G/A</submissionType>
    <previousAccessionNumber>0001172661-25-001547</previousAccessionNumber>
    <filerInfo>
      <filer>
        <filerCredentials>
          <!-- Field: Pseudo-Tag; ID: Name; Data: Encompass Capital Advisors LLC -->
          <cik>0001541901</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <amendmentNo>1</amendmentNo>
      <securitiesClassTitle>Common Shares, without par value</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>06/30/2025</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0001526243</issuerCik>
        <issuerName>PERPETUA RESOURCES CORP.</issuerName>
        <issuerCusip>714266103</issuerCusip>
        <issuerPrincipalExecutiveOfficeAddress>
          <com:street1>405 S. 8th Street</com:street1>
          <com:street2>Ste 201</com:street2>
          <com:city>Boise</com:city>
          <com:stateOrCountry>ID</com:stateOrCountry>
          <com:zipCode>83702</com:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(c)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>Encompass Capital Advisors LLC</reportingPersonName>
      <memberGroup>b</memberGroup>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>3608369.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>3608369.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>3608369.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>3.36</classPercent>
      <typeOfReportingPerson>IA</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>Todd J. Kantor</reportingPersonName>
      <memberGroup>b</memberGroup>
      <citizenshipOrOrganization>X1</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>3608369.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>3608369.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>3608369.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>3.36</classPercent>
      <typeOfReportingPerson>HC</typeOfReportingPerson>
      <typeOfReportingPerson>IN</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>PERPETUA RESOURCES CORP.</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>405 S. 8th Street, Ste 201, Boise, Idaho 83702</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>Encompass Capital Advisors LLC
Todd J. Kantor</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>Encompass Capital Advisors LLC: 200 Park Avenue, Suite 1604, New York, NY 10166
Todd J. Kantor is c/o Encompass Capital Advisors LLC: 200 Park Avenue, Suite 1604, New York, NY 10166</principalBusinessOfficeOrResidenceAddress>
        <citizenship>Encompass Capital Advisors LLC is a Delaware Limited Liability Company
Todd J. Kantor is a US citizen</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>Y</notApplicableFlag>
      </item3>
      <item4>
        <amountBeneficiallyOwned>Encompass Capital Advisors LLC
3,608,369

Todd J. Kantor
3,608,369</amountBeneficiallyOwned>
        <classPercent>Encompass Capital Advisors LLC
3.36%

Todd J. Kantor
3.36%</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>Encompass Capital Advisors LLC
0

Todd J. Kantor
0</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>Encompass Capital Advisors LLC
3,608,369

Todd J. Kantor
3,608,369</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>Encompass Capital Advisors LLC
0

Todd J. Kantor
0</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>Encompass Capital Advisors LLC
3,608,369

Todd J. Kantor
3,608,369</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>N</notApplicableFlag>
        <classOwnership5PercentOrLess>Y</classOwnership5PercentOrLess>
      </item5>
      <item6>
        <notApplicableFlag>Y</notApplicableFlag>
      </item6>
      <item7>
        <notApplicableFlag>Y</notApplicableFlag>
      </item7>
      <item8>
        <notApplicableFlag>Y</notApplicableFlag>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>N</notApplicableFlag>
        <certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.</certifications>
      </item10>
    </items>
    <exhibitInfo>JOINT FILING AGREEMENT
The undersigned hereby agree that the statement on SCHEDULE 13G with respect to the shares of Common Shares of PERPETUA RESOURCES CORP., dated as of August 14, 2025 is, and any amendments thereto signed by each of the undersigned shall be, filed on behalf of each of us pursuant to and in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended.


Date: August 14, 2025

Encompass Capital Advisors LLC
By:   Todd J. Kantor
Name:  Todd J. Kantor
Title:  Managing Member

Todd J. Kantor
By:   Todd J. Kantor
Name:  Todd J. Kantor</exhibitInfo>
    <signatureInformation>
      <reportingPersonName>Encompass Capital Advisors LLC</reportingPersonName>
      <signatureDetails>
        <signature>Todd J. Kantor</signature>
        <title>Todd J. Kantor | Managing Member</title>
        <date>08/14/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Todd J. Kantor</reportingPersonName>
      <signatureDetails>
        <signature>Todd J. Kantor</signature>
        <title>Todd J. Kantor</title>
        <date>08/14/2025</date>
      </signatureDetails>
    </signatureInformation>
  </formData>
</edgarSubmission>
