Peruvian Metals Achieves Record Throughput for the First Quarter of 2025 at Aguila Norte Processing Plant
Peruvian Metals Achieves Record Throughput
for the First Quarter of 2025 at Aguila Norte
Processing Plant
Edmonton, Alberta--(Newsfile Corp. - April 3, 2025) -
Peruvian Metals Corp (TSXV: PER) (OTCQB:
DUVNF)
("Peruvian Metals" or the "Company") announces production results for the first quarter of 2025
at its 80-per-cent-owned Aguila Norte processing plant ("Aguila Norte" or the "Plant") located in Northern
Peru.
During the first quarter of 2025, the Plant completed several mineral campaigns processing a total of
9,168 metric tonnes (mt). Production in the first quarter was at full capacity and exceeded production
levels in the first quarter of 2024 (6,624 mt) by more than 38 per cent.
The Company is extremely
pleased with the record first quarter production at a time when the rainy season in Peru has affected
mining operations.
Jeffrey Reeder, Chief Executive Officer of Peruvian Metals, comments: "We are extremely pleased to
record our best first quarter at Aguila Norte. Normally, this is a time when Peruvian miners and explorers
are affected by the rainy season with less mineral available. We fully expect that production levels will be
maintain at these levels for the remainder of the year and expect a record year in 2025."
The Aguila Norte processing 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 Company continues to acquire and develop precious and base metal
properties in Peru.
ON BEHALF OF PERUVIAN METALS
CORP.
(Signed) Jeffrey Reeder
For additional information, contact:
Jeffrey Reeder, C.E.O.
Telephone: (647) 302-3290
:
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.
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https://www.newsfilecorp.com/release/247204