Peruvian Metals Announces Encouraging Copper, Gold and Silver Results at its Aguila Norte Property in Northern Peru
MWN-AI** Summary
Peruvian Metals Corp (TSXV: PER) has announced promising exploration results from its Aguila Norte property in Northern Peru, where it is planning a 2026 exploration program centered on gold, silver, and copper veins. The Aguila Norte processing plant, 80% owned by the company, currently operates under an environmental permit that allows processing at a rate of 100 tonnes per day, with potential expansion to 350 tonnes per day. Peruvian Metals has several concessions totaling 383 hectares, which contain significant geological features including granodioritic rocks and mineralized quartz veins.
Previous exploration by AndeanGold Ltd. in 2009 revealed seven notable veins in the area, with historical assays showing averages of 4.81 g/tonne Au, 41.7 g/ton Ag, and 0.51% Cu. Recent sampling by Peruvian Metals has confirmed these mineralizations, with grab samples from the vicinity yielding averages of 1.10 g Au/mt, 1.72 oz Ag/mt, and 1.99% Cu.
The company has also engaged local artisanal miners to extract minerals from one vein under an artisanal permit, which delivered 54 tonnes of material with an average grade of 5.31 g Au/mt in 2025. These operations demonstrated strong potential for further exploration due to the presence of sulphides at depth.
Given the surging prices of gold (over $4,200 per ounce) and copper (above $5.20 per pound), the economic viability of the site has significantly improved, setting the stage for further exploration and potential underground operations in 2026. The company aims to utilize its processing facility for sulphide material while selling oxide material to local toll mills, indicating a strategic approach to maximize revenue from its mineral resources.
MWN-AI** Analysis
In light of Peruvian Metals Corp's (TSXV: PER, OTC Pink: DUVNF) recent announcement regarding encouraging results from its Aguila Norte property, potential investors should consider several factors when evaluating their market position and strategy.
The exploration program set for 2026 signals a proactive approach to capitalize on the rising prices of gold, silver, and copper. With gold prices exceeding $4,200 per ounce and copper values surpassing $5.20 per pound, the economic viability of the mineral-rich veins near the Aguila Norte processing plant appears promising. The company holds a valuable environmental permit, allowing for an expansion of processing capacities from 100 tonnes per day to 350 tonnes. This capability will be crucial in optimizing the operational scale and enhancing profitability.
The historical data presented indicates significant mineralization within the explored area, particularly gold and copper, with recent sampling confirming the presence of high-grade materials. The potential to treat sulphide materials at the Aguila Norte plant further adds a layer of predictability to revenue streams, addressing both oxide and sulphide material processing.
Moreover, the incorporation of artisanal mining within the operation, which has already generated revenue and established supply channels, strengthens the company’s operational framework. This multi-faceted approach not only diversifies income sources but also mitigates risk associated with single-method production.
However, investors should be cautious regarding forward-looking statements and should consider broader market factors, including geopolitical risks in Peru, environmental regulations, and the volatility of commodity prices. It's advisable for prospective shareholders to keep abreast of Peru's political climate and regulatory landscape as the company moves forward with its exploration plans. Overall, Peruvian Metals showcases potential for growth, particularly for those looking to invest in mining operations within promising economic conditions.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
Edmonton, Alberta--(Newsfile Corp. - December 17, 2025) - Peruvian Metals Corp (TSXV: PER) (OTC Pink: DUVNF) ("Peruvian Metals" or the "Company") is pleased to announce that the Company plans a 2026 exploration program focused on the gold, silver and copper veins located in close proximity to its 80-per-cent-owned Aguila Norte processing plant ("Aguila Norte" or the "Plant") located in Northern Peru.
The Company holds an environmental permit ("IGAC") granted by the Peruvian government that permits the Plant to process mineral at the current 100-tonne-per-day level. Under the existing permit the Plant can be expanded to 350 tonnes per day. The Plant is located on a wholly owned concession covering 120 hectares held by Peruvian's 80% owned subsidiary Minera Aguila de Oro S.A.C ("MADOSAC"). MADOSAC owns two additional contiguous concessions totaling 263 hectares that are not covered by the environmental permit.
The exploration program area contains numerous outcrops of the Late Cretaceous "coastal batholith," composed of porphyritic diorite, granodiorite and tourmaline granodiorite rocks affected by a zone of strong shearing. These rocks intruded earlier metamorphic and volcanic sequences. Within the property, granodioritic rocks host several sets of subparallel veins and veinlets striking N40 degrees east, east-west, north-south and dipping sub-vertically.
The Aguila Norte area was explored in 2009 by a Canadian junior, AndeanGold Ltd. ("AndeanGold"). Two areas of interest near the Plant were identified within the concessions, hosting a total of seven veins. One area contains a 140-metre adit developed in the 1980's where AndeanGold noted in their press release dated May 12th, 2009, that 31 samples taken from the adit returned a weighted average of 4.81 g/tonne ("mt"), Au, 41.7 g/mt Ag and 0.51% Cu. Due to the recent rise in gold, silver and copper prices, the Company is now reviewing the economic viability of these Au-Ag-Cu veins. The adit and old workings located 480 and 500 meters NE of the Plant expose two parallel mineralized quartz veins. Recent sampling by the Company confirms the Au-Ag-Cu mineralization in the two parallel veins with 6 grab samples from dumps and stockpiles averaged 1.10 grams Au/mt, 1.72 ounces Ag/mt and 1.99% Cu. Gold and silver assays range from 0.257 to 2.69 grams Au/mt for gold, 0.20 to 4.29 ounces Ag/mt. The six samples taken showed strong oxide copper mineralization. Assays confirm that most of the copper is in soluble form ranging from 0.02 to 7.90% Cu.
The Company was able to clean out a 20-meter vertical shaft within the main adit. The Company took one grab sample at the bottom of the shaft that contained abundant sulphides. Assay results from the sample returned 1.487 grams Au/mt, 3.40 ounces Ag/mt and 3.00 % Cu. This sample was also assayed for soluble copper returning 0.24% Cu. This result shows that the veins at Aguila Norte contain sulphides at depth which could eventually be processed at the Plant. All samples from this area were processed by Procesmin Ingenieros S.R.L located in Caraz Ancash by Fire Assay for Au-Ag and Atomic Absorption for Cu.
The second area of interest is located immediately east and adjacent to the Plant in an area not covered by the environmental permit. During 2025 the Company allowed a group of small miners to extract mineral from one vein for sale under an artisanal permit. Under the agreement, the miners must provide 20% of the extracted mineral to MADOSAC as a royalty payment. Fifty-four tonnes of the mineral were delivered to MADOSAC in 2025 with an average grade of 5.31 grams Au/mt. MADOSAC sold this gold bearing material to a local toll mill and received $23,029 US including 18% VAT tax. The Company's geologists recently took 7 grab samples from this vein where assays averaged 6.24 grams Au/mt and ranged from 1.03 to 13.50 grams Au/mt. The grab samples were taken from the underground workings and stockpiles on surface. The vein is heavily oxidized and varies in width between 0.30 to 1.20 meters. The artisanal miners noted to the Company's geologists that they are limited at depth due to the existence of sulphide material encountered in one of their vertical shafts. The Company therefore believes that there exists good potential at depth for sulphide gold potential of this vein. Samples were analyzed by Fire Assay at Auro Met Labs located in Trujillo. Auro Met Labs is used by many of miners and mills in the area.
Jeffrey Reeder, Chief Executive Officer of Peruvian Metals, comments: "When we initially acquired the concessions for the Plant, gold was trading between the $1200 to $1300 US per ounce range and copper between the $2 to 3 US per pound range. At the time we were only interested the strategic location for the Plant. Now that gold is trading above $4200 US per ounce and copper trading above $5.20 per pound, and the existence of Au-Ag-Cu sulphide mineral at depth, the economics for underground operations are greatly improved. The Company will start to explore the area in early 2026 with further mapping and sampling. Sulphide material would be treated at our Plant and oxide material will be sold to local toll mills. MADOSAC has all the infrastructure in place and will review what is needed for the permitting process."
The Aguila Norte 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. The exploration plan is subject to modification of the existing permit and establishing new permits. 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 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
Email: jeffrey.reeder@peruvianmetals.com
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/278272
FAQ**
How does the rising price of gold, silver, and copper impact the economic viability of the Au-Ag-Cu veins, particularly for Peruvian Metals Corp. PER:CC, in Edmonton's mining landscape?
What regulatory challenges might Peruvian Metals Corp. PER:CC face when expanding operations and seeking new permits for their Aguila Norte processing plant in light of environmental concerns?
In what ways could the successful exploration program by Peruvian Metals Corp. PER:CC in Peru influence investment opportunities for similar mining ventures in Edmonton?
How might the recent geological findings from Peruvian Metals Corp. PER:CC affect the perception and investment strategy towards mineral processing companies in Alberta, particularly Edmonton?
**MWN-AI FAQ is based on asking OpenAI questions about Peruvian Metals Corp. (TSXVC: PER:CC).
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