Peruvian Metals Advances Toward First Gold Production in 2026

2026-01-28 15:50:00 ET

Peruvian Metals (TSXV:PER,OTCPL:DUVNF) is positioning for first gold production in 2026 as it continues its transformation from a prospect generator into an exploration and mineral processing company, according to Jeff Reeder, chairman, CEO and director.

After operating as a prospect generator across Latin America, the company has reshaped its business model by building and operating its own toll milling facility in Peru.

“I went and built a toll mill with the cash that I had, and we got it going. We started construction in 2017, and we started producing our first minerals in 2018. And from there, it’s bringing in lots of cash. We have an operating profit in Peru of about C$1 million.”

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