Peruvian Metals Corp. reports developments tied to its Canadian exploration and mineral processing business in Peru. Company news centers on the 80%-owned Aguila Norte processing plant in Northern Peru, toll milling services, production of high-grade marketable concentrates from mineral purchases, and the acquisition and development of precious and base metal properties.
Recurring updates include Aguila Norte processing activity, environmental and surface-rights matters, plant expansion planning, metallurgical work at the 100%-owned Palta Dorada gold-silver property, and equity financing used for plant improvements, acquisitions, and working capital.
Peruvian Metals (DUVNF) reported new gold and silver sample results from its wholly owned Palta Dorada property in northern Peru. Randomly selected samples from stockpiled, bagged sulphide material returned 20.97 grams of gold per metric tonne and 10.87 ounces of silver per metric tonne. A new oxide composite sample across half a metre returned 89.5 grams of gold per metric tonne.
Sulphide extraction is underway below the San Juan Vein's oxide-sulphide transition, with material accumulating for processing at the company's 80%-owned Aguila Norte plant. A new access tunnel has advanced 25 metres toward a projected intersection at 50 metres. Four random oxide grab samples at the Esperanza Vein averaged 7.12 grams of gold per metric tonne. The company plans an Esperanza portal before year-end and expects to extract oxide material for sale to local toll mills in 2027.
Peruvian Metals (DUVNF) processed 9,065 metric tonnes in the third quarter of 2026 at its 80%-owned Aguila Norte plant.
Output fell 4.5% from 9,494 tonnes a year earlier. The plant reached full capacity in nine of the previous ten quarters. The company remains on track for full capacity in 2026 and to match or exceed 2025 production of 36,616 tonnes.
Twenty dry-area tailings samples returned 2.4 grams of gold and 90 grams of silver per tonne. A separate composite sample yielded gold and silver recoveries of 93% and 87%, respectively, in metallurgical testing. Planned hand-auger sampling will support tailings reprocessing plans required by the Ministry of Mines; wet areas must dry before sampling expands into them.
The company plans higher production in Q2 2027, is reviewing plant expansion and national-grid connection proposals, and expects Palta Dorada gold-silver concentrate production in Q4 2026.
Peruvian Metals Corp (DUVNF) has commenced underground development to access high‑grade gold-silver sulphides at its 100%-owned Palta Dorada property in northern Peru.
Road access and historic mine workings have been rehabilitated, new portals and support infrastructure installed, and camp and communications upgraded. Initial work includes a 50‑metre crosscut at the 910‑metre level to intersect the San Juan Vein sulphide zone and installation of an industrial winch at the 940‑metre level to haul 0.5‑tonne loads to surface. Sulphide material will be shipped 140 km to the company’s Aguila Norte plant, while oxide material will be sold to local toll mills.
Previously reported samples from San Juan returned weighted averages of 10.51 g Au/mt, 329 g Ag/mt and 1.74% Cu, with metallurgical testwork indicating recoveries of up to 89% gold and 75% silver for sulphides and 82% gold and 58% silver for oxides.
Peruvian Metals (DUVNF) reports 2026 year-to-date operating performance and tailings sampling results from its 80%-owned Aguila Norte processing plant in Northern Peru.
During July and August 2026, Aguila Norte processed 6,046 metric tonnes/b), and has now operated at full production capacity for , remaining on track for another full-capacity year. Since 2017, the plant has processed 221,020 mt. A major overhaul and maintenance program on the ball mill and crushing circuit was completed between April and July without affecting production.
Sampling of the tailings area returned an average of 2.4 g Au/mt and 90 g Ag/mt, which at stated metal prices equates to 0.108 oz Au equivalent/mt. A metallurgical composite sample graded 1.76 g Au/mt and 75 g Ag/mt, with test work indicating recoveries of 93% for gold and 87% for silver. The company plans to seek a permit modification and design an additional process to treat tailings, with a detailed report to be filed in Q4 with the Peruvian Ministry of Mines.
Peruvian Metals (OTC: DUVNF) reported 2026 progress on the Mercedes silver-gold property in central Peru. The company owns 50% of San Maurizo Mines, which holds 100% of Mercedes via Basic Minerals, and is jointly developing the project with 50% partner Hudson Heartland on an equal cost-sharing basis.
Metallurgical testing achieved recoveries of 97.85% silver and 92.19% gold. Underground work has reopened historic workings, identifying five mineralized structures. A random stockpile grab from the Victor II vein returned 5.88 g/t Au, 5.55 oz/t Ag, 4.95% Pb and 7.07% Zn, while a 0.60 m sample from the Kelly vein graded 3.16 g/t Au, 8.42 oz/t Ag, 0.58% Pb and 4.88% Zn.
Peruvian Metals plans a 225 m drift to crosscut the Kelly, Victor I and Victor II veins, creating up to six mineralized faces, with some permits still pending. Initial underground material is being stockpiled for a pilot bulk sample at the company’s Aguila Norte plant. Permits for broader bulk sampling crosscuts are described as almost complete.
Peruvian Metals (OTC:DUVNF, TSXV:PER) reported first-half 2026 production at its 80%-owned Aguila Norte plant in northern Peru. The plant operated at full capacity, processing 18,269 tonnes of third-party mineral versus 18,500 tonnes in 2025 and 14,869 tonnes in 2024.
The slight year-over-year decline was attributed to planned maintenance and a ball mill overhaul, completed on time and budget. The company anticipates full-capacity operations for the rest of 2026 and expects a record production year. Aguila Norte holds an environmental permit allowing expansion beyond 100 tonnes per day, and the plant has processed nearly 210,000 tonnes since 2018.
Peruvian Metals (OTC: DUVNF) expanded the tailings facility at its 80%-owned Aguila Norte plant in northern Peru, extending tailings life by at least two years, funded from processing cash flow. April production ran at full capacity, processing 3,007 tonnes, for 12,220 tonnes year to date.
The company is performing upgrades and maintenance on the crushing circuit and ball mill, not expected to hinder production, and plans to connect the plant to the national power grid to lower processing costs. It also intends to expand capacity to 350 tonnes per day and add a circuit targeting Au-Ag-Cu concentrates. Peruvian Metals granted 3.3 million stock options exercisable at $0.35 until May 12, 2031, subject to regulatory approval.
Peruvian Metals (OTC: DUVNF) engaged Apollo Shareholder Relations Ltd. to deliver digital investor communications and outreach. The consulting agreement, effective April 16, 2026, has an initial six-month term with automatic six-month renewals and total initial fees of $60,000 payable monthly.
The company will, subject to TSXV approval, grant Apollo 600,000 stock options exercisable at $0.18 for two years; first-and-last month fees of $20,000 plus GST are payable in advance.
Peruvian Metals (OTC: DUVNF) announced independent metallurgical results from the Palta Dorada property showing 89% gold recovery and improved 75% silver recovery on sulphide material using flotation.
The sulphide composite head grade assayed 11.10 g Au/mt and 4.67 oz Ag/mt. Plans include two access tunnels and processing sulphides at the Aguila Norte plant.
Peruvian Metals (OTC: DUVNF) reports the Aguila Norte plant ran at full capacity in Q1 2026, processing 9,212 metric tonnes, slightly above Q1 2025 (9,168 mt). The company secured a 10-year surface-rights extension and closed financings in February–March to fund equipment upgrades and maintenance.
Assays from on-concession and nearby workings returned notable grades, including 1.487 g Au/mt, 3.00% Cu and averaged 3.15% soluble Cu from four surface samples.