Peruvian Metals on Track for Record 2025 Production at the Aguila Norte Processing Plant and Provides Update on the Sale of the Minas Maria Norte Project
Peruvian Metals (OTC: DUVNF) reported 2025 year-to-date processing at its 80%‑owned Aguila Norte plant in Northern Peru. The plant processed 27,994 mt in the first three quarters of 2025 vs 24,734 mt in the same 2024 period, an increase of >13% and full-capacity operation for Q1–Q3. The company says it is on track for a record 2025 production year. Peruvian Metals also amended the Minas Maria Norte disposition to Rio Silver: Peruvian Metals will receive up to 9.9% of Rio Silver (capped at 4 million shares), a $22,500 U.S. payment plus semi-annual option payments aggregating $250,000 U.S., and elimination of prior warrants and royalties, subject to regulatory approvals.
The Aguila Norte plant holds an environmental permit allowing expansion beyond the current 100 tonnes/day.
Peruvian Metals (OTC: DUVNF) ha riferito i dati di lavorazione dal inizio del 2025 presso l'impianto Aguila Norte, controllato all'80%, situato nel nord del Perù. L'impianto ha lavorato 27.994 mt nei primi tre trimestri del 2025 rispetto a 24.734 mt nello stesso periodo del 2024, con un aumento di oltre il 13% e operatività a pieno regime per Q1–Q3. L'azienda afferma di essere sulla strada per un anno di produzione record nel 2025. Peruvian Metals ha anche modificato la disposizione Minas Maria Norte verso Rio Silver: Peruvian Metals percepirà fino al 9,9% di Rio Silver (limite di 4 milioni di azioni), un pagamento di $22.500 US più pagamenti di opzione semestrali che sommano $250.000 US, e l'eliminazione di warrant e royalties precedenti, soggetti alle approvazioni regolamentari.
L'impianto Aguila Norte possiede un permesso ambientale che permette l'espansione oltre l'attuale di 100 tonnellate/giorno.
Peruvian Metals (OTC: DUVNF) informó sobre el procesamiento año hasta la fecha de 2025 en su planta Aguila Norte, del 80% de propiedad, en el norte de Perú. La planta procesó 27,994 mt en los primeros tres trimestres de 2025 frente a 24,734 mt en el mismo periodo de 2024, un aumento de más del 13% y operación a plena capacidad para Q1–Q3. La empresa dice que está en camino de un año de producción récord en 2025. Peruvian Metals también enmendó la disposición Minas Maria Norte a Rio Silver: Peruvian Metals recibirá hasta el 9,9% de Rio Silver (con tope de 4 millones de acciones), un pago de $22,500 US más pagos de opción semestrales que suman $250,000 US, y eliminación de warrants y royalties previos, sujeto a aprobaciones regulatorias.
La planta Aguila Norte posee un permiso ambiental que permite la expansión más allá de las 100 toneladas/día actuales.
Peruvian Metals (OTC: DUVNF) 는 북부 페루에 위치한 80% 소유의 Aguila Norte 공장의 2025년 누적 가공 실적을 보고했습니다. 이 공장은 2025년 처음 세 분기에 27,994 mt를 가공했고, 2024년 같은 기간의 24,734 mt에 비해 >13% 증가했으며 Q1–Q3 기간 동안 최대 용량으로 가동했습니다. 회사는 2025년 생산이 기록적일 것이라고 말합니다. Peruvian Metals 는 Minas Maria Norte 처분을 Rio Silver 로 수정했습니다: Peruvian Metals 는 Rio Silver 의 9.9% 를 최대한 받으며(상한은 4백만 주), $22,500 미화의 지급과 반년마다 총 $250,000 미화의 옵션 지급을 받게 되고, 이전의 워런트와 로열티의 제거가 규제 승인을 조건으로 이루어집니다.
Aguila Norte 공장은 현재 100톤/일의 확장을 허용하는 환경 허가를 보유하고 있습니다.
Peruvian Metals (OTC: DUVNF) a annoncé le traitement cumulé à date pour 2025 sur son usine Aguila Norte détenue à 80% dans le nord du Pérou. L'usine a traité 27 994 t au cours des trois premiers trimestres de 2025 contre 24 734 t sur la même période en 2024, soit une hausse de plus de 13% et une exploitation à pleine capacité pour Q1–Q3. La société indique être sur la bonne voie pour une année de production record en 2025. Peruvian Metals a également modifié la disposition Minas Maria Norte en faveur de Rio Silver : Peruvian Metals recevra jusqu'à 9,9% de Rio Silver (plafonné à 4 millions d'actions), un paiement de $22 500 US plus des paiements d'option semestriels totalisant $250 000 US, et l'élimination des warrants et royalties antérieurs, sous réserve des approvals réglementaires.
L'usine Aguila Norte détient un permis environnemental permettant une expansion au-delà des 100 tonnes/jour actuelles.
Peruvian Metals (OTC: DUVNF) meldete die bis dato im Jahr 2025 verarbeitete Menge in der zu 80% gehörenden Aguila Norte-Anlage im Norden Perus. Die Anlage verarbeitete 27.994 t in den ersten drei Quartalen 2025 gegenüber 24.734 t im gleichen Zeitraum 2024, eine Steigerung von über 13% und Betrieb mit voller Kapazität für Q1–Q3. Das Unternehmen sagt, es sei auf dem Weg zu einem Rekordjahr 2025. Peruvian Metals hat auch die Minas Maria Norte-Veräußerung an Rio Silver geändert: Peruvian Metals wird bis zu 9,9% von Rio Silver erhalten (obergrenze 4 Millionen Aktien), eine Zahlung von $22.500 US plus halbjährliche Optionszahlungen in Gesamthöhe von $250.000 US, und die Eliminierung früherer Warrants und Royalties, vorbehaltlich behördlicher Genehmigungen.
Die Aguila Norte-Anlage besitzt eine Umweltgenehmigung, die eine Expansion über die derzeitigen 100 Tonnen/Tag erlaubt.
Peruvian Metals (OTC: DUVNF) أبلغت عن المعالجة حتى تاريخه لعام 2025 في مصنع Aguila Norte المملوك بنسبة 80% في شمال بيرو. المعمل عالج 27,994 mt في الثلاثة أرباع الأولى من 2025 مقابل 24,734 mt في نفس الفترة من 2024، بزيادة >13% وتشغيل بكامل الطاقة للربع الأول إلى الربع الثالث. تقول الشركة إنها في الطريق نحو عام إنتاج قياسي في 2025. كما عدلت Peruvian Metals ترتيب Minas Maria Norte نحو Rio Silver: ستتلقى Peruvian Metals حتى 9.9% من Rio Silver (بحد أقصى 4 ملايين سهم)، ودفعة قدرها $22,500 US بالإضافة إلى دفعات خيارات نصف سنوية مجموعها $250,000 US، وإلغاء الضمانات والحقوق السابقة، رهناً بموافقة الجهات التنظيمية.
يمتلك المصنع Aguila Norte تصريحاً بيئياً يتيح التوسع إلى ما وراء النطاق الحالي البالغ 100 طن/اليوم.
Peruvian Metals (OTC: DUVNF) 报告称，在北部秘鲁的80%所有权 Aguila Norte 工厂的2025年截至目前的加工情况。该厂在2025年前三个季度加工了 27,994 mt，对比2024年同 period 的 24,734 mt，增长超过13%，Q1–Q3 实现满负荷运营。公司表示有望实现2025年创纪录的产量。Peruvian Metals 还将 Minas Maria Norte 的处置修改为Rio Silver：Peruvian Metals 将获得最多 9.9% 的 Rio Silver（上限为 400万股），并获得一笔 $22,500 美元的付款，加上半年度选项付款总额为 $250,000 美元，并取消此前的认股权证与特许权，需经监管批准。
Aguila Norte 工厂持有允许超出当前每日100吨的扩张环境许可。
- Processed 27,994 mt through Q3 2025 (full capacity)
- Production +13% versus first three quarters of 2024
- On track for a record 2025 production year
- Sale terms include up to 9.9% equity in Rio Silver (max 4M shares)
- Prior warrants and royalties eliminated from the Minas Maria Norte deal
- Cash consideration limited to $272,500 U.S. in disclosed payments
Edmonton, Alberta--(Newsfile Corp. - October 28, 2025) - Peruvian Metals Corp (TSXV: PER) (OTC Pink: DUVNF) ("Peruvian Metals" or the "Company") announces year-to-date production results for 2025 at its 80-per-cent-owned Aguila Norte processing plant ("Aguila Norte" or the "Plant") located in Northern Peru.
During the third quarter of 2025, the Plant completed several mineral campaigns, processing a total of 9,494 metric tonnes (mt). The Plant was at full capacity for the first three quarters of 2025, processing a total of 27,994 mt. Production exceeded levels in the first three quarters of 2024 (24,734 mt) by more than 13 per cent. The Company is on track to achieve a yearly production record for 2025.
The Company is also pleased to provide an update regarding amended terms of the disposition of the Minas Maria Norte property to Rio Silver Inc.(Rio Silver). Details of the original deal are outlined in the Company's press release dated March 26, 2025. Subject to applicable regulatory and other approvals, including that of the TSX Venture Exchange, the amended terms of the agreement with Rio Silver includes the issuance to Peruvian Metals of an adjusted number of payment securities to be 9.9 per cent of the issued capital shares of Rio Silver up to, but not exceeding, four million shares, calculated on the date immediately following the completion and closing of a financing by Rio Silver announced on Sept. 11, 2025. The amended agreement with Rio Silver includes a payment by Rio Silver to Peruvian Metals in the amount of
Jeffrey Reeder, Chief Executive Officer of Peruvian Metals, comments: "We are on track for record production for 2025. Furthermore, we expect to complete the closing of the disposition of a non-core asset to Rio Silver shortly. The deal will enhance the working capital of Peruvian Metals and further shows the ability of the Company to acquire prospective mineral properties in Peru at a low cost and add significant value for shareholders. This disposition will also allow Peruvian Metals to focus on its prospective Palta Dorada Au-Ag-Cu project in Northern Peru."
The Aguila Norte Plant has an environmental permit (IGAC) from the Peruvian government that provides the plant with the ability to expand operations past the current 100-tonne-per-day level. Jeffrey Reeder, P.Geo, a qualified person as defined in National Instrument 43-101, has prepared, supervised the preparation or approved the scientific and technical disclosure contained in this news release.
Qualified Person
Jeffrey Reeder, P. Geo., is the Qualified Person, as defined in National Instrument 43-101, who has reviewed and approved the technical contents of this release.
About Peruvian Metals Corp.
Peruvian Metals Corp. is a Canadian exploration and mineral processing company. Our business model is to provide clients with toll milling services and produce high-grade marketable concentrates from mineral purchases. The Aguila Norte processing plant has an environmental permit ("IGAC") from the Peruvian government which provides the Company with the ability to expand operations past the current 100 tonnes per day level. The Management and Directors have been operating successfully in Peru for over 30 years and the Company continues to acquire and develop precious and base metal properties in Peru. Peruvian Metals has a history of timely transactions that have added long term value for shareholders.
ON BEHALF OF PERUVIAN METALS
CORP.
(Signed) Jeffrey Reeder
For additional information, contact:
Jeffrey Reeder, C.E.O.
Telephone: (647) 302-3290
Email: jeffrey.reeder@peruvianmetals.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Disclosure Regarding Forward-Looking Statements: This press release contains certain "Forward-Looking Statements" within the meaning of applicable securities legislation. We use words such as "might", "will", "should", "anticipate", "plan", "expect", "believe", "estimate", "forecast" and similar terminology to identify forward looking statements and forward-looking information. Such statements and information are based on assumptions, estimates, opinions, and analysis made by management in light of its experience, current conditions and its expectations of future developments as well as other factors which it believes to be reasonable and relevant. Forward-looking statements and information involve known and unknown risks, uncertainties and other factors that may cause our actual results to differ materially from those expressed or implied in the forward-looking statements and information and accordingly, readers should not place undue reliance on such statements and information. Risks and uncertainties are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com.While the Company believes that the expectations expressed by such forward-looking statements and forward-looking information and the assumptions, estimates, opinions, and analysis underlying such expectations are reasonable, there can be no assurance that they will prove to be correct. In evaluating forward-looking statements and information, readers should carefully consider the various factors which could cause actual results or events to differ materially from those expressed or implied in the forward-looking statements and forward-looking information.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/272050
FAQ
How much material did Aguila Norte (DUVNF) process in Q1–Q3 2025?
What is the production increase for Peruvian Metals (DUVNF) year‑to‑date 2025 versus 2024?
What are the amended Minas Maria Norte sale terms to Rio Silver for Peruvian Metals (DUVNF)?
Will the Aguila Norte plant be able to expand beyond 100 tonnes/day for DUVNF?
How will the Minas Maria Norte disposition affect Peruvian Metals' working capital (DUVNF)?
