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Peruvian Metals Production Update for the First Half of 2025 at Aguila Norte Processing Plant

Production Results Mine Development & Operations Metallurgy & Processing

Peruvian Metals Production Update for the

First Half of 2025 at Aguila Norte Processing

Plant

Edmonton, Alberta--(Newsfile Corp. - July 9, 2025) -

Peruvian Metals Corp. (TSXV: PER) (OTCQB:

DUVNF)

("Peruvian Metals" or the "Company") is pleased to provide an update regarding the mineral

processing at its 80-per-cent-owned fully permitted Aguila Norte processing plant ("Aguila Norte" or the

"Plant") located in Northern Peru.

During the first six months of 2025 the Plant was at full capacity and processed 18,500 tonnes of third-

party mineral, compared with 14,869 tonnes in 2024 and 13,786 tonnes in 2023. The 2025 year-to-date

production represents an increase of 24.4 % compared to the same period for 2024, and a 34.2 %

increase compared to the same period for 2023. The Company anticipates the Plant will be at full

capacity for the remainder of 2025 and expects to report a record year of production.

Jeffrey Reeder, Chief Executive Officer of Peruvian Metals, commented: "We are pleased that we are on

track for a record processing year in 2025 at Aguila Norte. The Company has identified a potential site

for a gold processing facility as we plan to enter into the Peruvian gold space. An ideal location to build a

Carbon in Pulp ("CIP") gold processing plant is near water and the power grid. In August the Company

will begin

the preliminary engineering studies at this location in order to determine the viability for a new

CIP plant. The Company is in a unique position compared to many in the junior mining space as we

continue to strengthen the Company's financial position and advance our mineral assets with minimal

share dilution."

The Aguila Norte processing plant has an environmental permit ("IGAC") from the Peruvian government

which provides the Plant with the ability to expand operations past the current 100 tonnes 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.

About Peruvian Metals Corp.

Peruvian Metals Corp. is a Canadian Exploration and Mineral Processing company. Our business

model is to provide toll milling services for clients and to produce high grade concentrates from mineral

purchases. The Company continues to acquire and develop precious and base metal properties in Peru.

For further information on Peruvian Metals Corp. please visit

www.peruvianmetals.com

.

Peruvian Metals Corp. is a Canadian resource company listed on the

TSX Venture Exchange : Symbol "PER", and the OTCQB Venture Market: Symbol "DUVNF".

For additional information, contact:

Jeffrey Reeder Tel: (647) 302-3290

Website:

www.peruvianmetals.com

Email:

[email protected]

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.sedarplus.ca

. 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/258236