Peruvian Metals Stock Price, News & Analysis

Peruvian Metals Corp. (OTCQB: DUVNF; TSXV: PER) is a Canadian exploration, mining and mineral processing company focused on precious and base metal opportunities in Peru. According to the company’s public disclosures, its business model is to provide toll milling services for clients and to produce high-grade marketable concentrates from mineral purchases, while continuing to acquire and develop mineral properties in Peru.

Core business and operations

Peruvian Metals describes itself as a Canadian exploration and mineral processing company with operations in Peru. The company states that it operates the Aguila Norte processing plant in Northern Peru through an 80%-owned subsidiary. Aguila Norte is characterized in multiple company news releases as a fully permitted processing plant that handles third-party mineral and has processed increasing tonnages of material over several consecutive years.

The company reports that its business model centers on two main activities: providing toll milling services to clients and producing high-grade concentrates from mineral purchases. Toll milling involves processing mineral supplied by third parties for a fee, while mineral purchases allow the company to generate concentrates from material it acquires. Peruvian Metals highlights that processing income from this activity has helped fund exploration and evaluation work on its projects in Peru.

Aguila Norte processing plant

Aguila Norte is repeatedly identified in company news as a key asset. Peruvian Metals reports that the plant is located in Northern Peru and is 80%-owned. The company states that Aguila Norte has an environmental permit ("IGAC") from the Peruvian government. This permit allows the plant to process mineral at a 100-tonne-per-day level and, according to the company, provides the ability to expand operations beyond that level. In one technical update, Peruvian Metals notes that under the existing permit the plant can be expanded to 350 tonnes per day.

Company news releases emphasize that Aguila Norte has been operating at full capacity for extended periods and has processed record annual and quarterly tonnages of third-party mineral. Peruvian Metals also notes that the plant is situated on a wholly owned concession and that additional contiguous concessions are held by its subsidiary. The company links the plant’s location and permitting status to its ability to process sulphide material and to sell oxide material to local toll mills.

Exploration and project portfolio in Peru

Peruvian Metals reports that it continues to acquire and develop precious and base metal properties in Peru. The company’s disclosures describe several projects and properties that provide exposure to gold, silver and base metals. Peruvian Metals states that its management and directors have been operating successfully in Peru for over 30 years and that it has generated internally several projects that have attracted major mining companies.

The company highlights the Palta Dorada Au-Ag-Cu project in Northern Peru, which it describes as containing high-grade gold in both oxide and sulphide material. Peruvian Metals reports that it consolidated Palta Dorada to a 100% interest and has re-established access roads to underground workings. The company links Palta Dorada to its strategy of moving further into the Peruvian gold space and as a potential source of material for Aguila Norte and for a possible future Carbon in Pulp ("CIP") plant.

Peruvian Metals also reports a 50% ownership stake in San Maurizo Mines, a private company that holds the Mercedes Property in the Junin Department in central Peru through a Peruvian subsidiary. Company disclosures describe Mercedes as having extensive historical underground workings and multiple identified Au-Ag-Pb-Zn mineralized structures. Peruvian Metals notes that land use agreements and provisional permits have been secured to allow bulk sampling for processing.

In addition to these core projects, the company refers to non-core properties such as Minas Vizca and Yanayco in Northern Peru, which it describes as having significant silver and gold values and historical workings. Peruvian Metals also notes that it sold the Maria Norte project by disposing of a Peruvian subsidiary that held the mining rights, receiving shares and scheduled cash payments from Rio Silver Inc. in return.

Focus on gold, silver and base metals

Across multiple news releases, Peruvian Metals emphasizes its exposure to gold and silver in Peru, alongside base metals such as copper, lead and zinc. The company states that it is focusing its direction into the Peruvian gold and silver space in Northern Peru through projects including Palta Dorada, Yanayco and Minas Vizca, while continuing to generate cash flow from the Aguila Norte processing plant.

Peruvian Metals also reports exploration plans around the Aguila Norte plant itself, targeting gold, silver and copper veins located in close proximity to the facility. The company discloses sampling results from historical and recent work that confirm Au-Ag-Cu mineralization in veins near the plant, and it notes that sulphide material at depth could be processed at Aguila Norte, while oxide material can be sold to local toll mills.

Regulatory and listing information

Peruvian Metals states that it is a Canadian resource company listed on the TSX Venture Exchange under the symbol "PER" and on the OTCQB Venture Market under the symbol "DUVNF". The company’s news releases reference compliance with Canadian securities regulations, including National Instrument 43-101 for technical disclosure and National Policy 12-203 for management cease trade orders, and identify a qualified person responsible for reviewing technical content.

Corporate strategy as described by the company

In its public communications, Peruvian Metals links its toll milling operations, exploration activities and project acquisitions into a single strategy. The company reports that processing income from Aguila Norte has been used to reduce liabilities and to fund exploration and evaluation expenditures. It also notes that transactions such as the investment in San Maurizo Mines and the sale of the Maria Norte project are intended to strengthen its financial position and provide indirect exposure to additional exploration success.

Peruvian Metals repeatedly states that it intends to continue acquiring and developing precious and base metal properties in Peru. The company also highlights that it is reviewing additional gold opportunities in Northern Peru and evaluating potential locations and engineering studies for a possible CIP gold processing plant, while maintaining toll milling services and concentrate production at Aguila Norte.

FAQs about Peruvian Metals Corp. (DUVNF)

• What does Peruvian Metals Corp. do?
  Peruvian Metals Corp. describes itself as a Canadian exploration, mining and mineral processing company. Its stated business model is to provide toll milling services for clients and to produce high-grade concentrates from mineral purchases, while acquiring and developing precious and base metal properties in Peru.
• Where does Peruvian Metals operate?
  According to company news releases, Peruvian Metals operates in Peru through an 80%-owned, fully permitted processing plant called Aguila Norte, located in Northern Peru. The company also reports interests in several mineral properties in Peru, including projects in Northern Peru and the Junin Department in central Peru.
• What is the Aguila Norte processing plant?
  Aguila Norte is an 80%-owned mineral processing plant in Northern Peru that Peruvian Metals uses to process third-party mineral and material from its projects. The company states that the plant has an environmental permit (IGAC) from the Peruvian government that allows processing at 100 tonnes per day and provides for potential expansion beyond that level.
• How does Peruvian Metals generate revenue?
  Peruvian Metals reports processing income from its Aguila Norte plant, where it provides toll milling services and produces high-grade concentrates from mineral purchases. Company disclosures indicate that cash generated from these operations has been used to fund exploration and evaluation work and to reduce liabilities.
• What types of metals is Peruvian Metals focused on?
  The company’s news releases emphasize exposure to precious metals such as gold and silver, and to base metals including copper, lead and zinc. Projects such as Palta Dorada, Yanayco, Minas Vizca and Mercedes are described as containing Au-Ag-Cu or Au-Ag-Pb-Zn mineralization.
• What is the Palta Dorada project?
  Peruvian Metals describes Palta Dorada as an Au-Ag-Cu project in Northern Peru. The company reports that the property contains high-grade gold in both oxide and sulphide material and that it has consolidated a 100% interest in the project. Palta Dorada is cited as a potential source of mineral feed for Aguila Norte and for a possible future CIP plant.
• What is the Mercedes Property?
  The Mercedes Property is held through San Maurizo Mines, in which Peruvian Metals reports a 50% ownership stake. According to company disclosures, Mercedes is located in the Junin Department in central Peru and has extensive historical underground workings and multiple Au-Ag-Pb-Zn mineralized structures, with permits and land use agreements in place for bulk sampling.
• How is Peruvian Metals expanding its presence in gold and silver?
  Peruvian Metals states that it is directing its focus into the Peruvian gold and silver space in Northern Peru through projects such as Palta Dorada, Yanayco and Minas Vizca. The company also reports exploration plans for gold, silver and copper veins near Aguila Norte and mentions evaluating a potential Carbon in Pulp gold processing plant.
• On which exchanges is Peruvian Metals listed?
  Company news releases state that Peruvian Metals Corp. is listed on the TSX Venture Exchange under the symbol "PER" and on the OTCQB Venture Market under the symbol "DUVNF".
• Is Peruvian Metals still an active company?
  The provided news releases include operational, exploration and financing updates dated through 2025 and early 2026, indicating that Peruvian Metals continues to report on its activities. No information in the supplied materials indicates that the company has been delisted, acquired, or has ceased operations.