Peruvian Metals on Track for Full Production for 2026 at the Aguila Norte Processing Plant and Reports Positive Sample Results from the Tailings Area
Peruvian Metals on Track for Full Production
for 2026 at the Aguila Norte Processing Plant
and Reports Positive Sample Results from the
Tailings Area
Edmonton, Alberta--(Newsfile Corp. - September 8, 2026) -
Peruvian Metals Corp. (TSXV: PER)
(OTC PINK: DUVNF)
("Peruvian Metals" or the "Company") announces the completion of a major
overall and maintenance program and the year-to-date production results for 2026
at its 80-per-cent-
owned Aguila Norte processing plant ("Aguila Norte" or the "Plant") located in Northern Peru.
During the months of July and August, the Plant processed a total of 6,046 metric tonnes (mt). The Plant
has now achieved full production capacity for 28 of the previous 29
months. The Company is also
pleased to note that the maintenance work performed on the ball mill and crushing circuit was completed
during April through to July.
Production was not affected and the Company continues to be on track to
achieve another year of full capacity production. Since 2017, the Plant has processed 221,020 mt.
The Company is also pleased to announce that recent sample results from the tailings area show that
there is gold and silver left in the tailings. Twenty samples were taken from a dry area within the tailings
area and returned 2.4 grams gold ("Au")/mt and 90 grams silver ("Ag") /mt. At the current Au and Ag
prices of $4400 US and $65 US per ounces respectively, this equates to 0.108 oz Au equivalent/mt. The
gold results range from 1.34 to 3.93 grams Au/mt and silver ranging from 1.24 ounces Ag /mt to 4.37
ounces Ag/mt. Three to four kilograms were taken from several sites within an area of 1500 square
metres. Material was taken from 20 to 80-centimetre hand dug pits. The sampling was supervised by
Jeffrey Reeder, the CEO of the Company.
A composite sample was also collected within the sampled area for metallurgical test work. The head
grade of the metallurgical sample assayed 1.76 grams Au/mt and 75 grams Ag/mt. Results confirmed
the high recoveries of gold and silver at 93% and 87% respectively . The lead and zinc content is
determined to be insignificant so that any future processing would only focus on recovering the gold-
silver. The Company will need to modify its permit by designing an additional process for treatment of
the tailings material. A detailed report will be prepared and submitted to the Peruvian Ministry of Mines
during the 4
th
quarter.
Jeffrey Reeder, Chief Executive Officer of Peruvian Metals, comments: "We are on track for another year
at full capacity production. The Company is currently preparing Palta Dorada and Mercedes for bulk
sample extraction from the underground sites. The possibility of reprocessing the tailings at Aguila Norte
adds another revenue stream, strengthening the financial position of the Company.
"
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. The metallurgical work was performed by
Jose Orlando Moncada Rejas, Ing, who is the chief metallurgist at the Aguila Norte plant. Assaying of the
tailings material was performed by Procesmin Ingenieros SRL, located in Caraz Ancash, by fire assay
for gold-silver.
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
:
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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