Peruvian Metals Announces Third Quarter Production at the Aguila Norte Processing Plant and Provides Sampling Update from the Tailings Area
Key Highlights
- ➤Q3 2026 plant processing 9,065 mt, down 4.5% year over year
- ➤Peruvian Metals (PER) remains on track to match or exceed 2025 production
- ➤Tailings samples returned 2.4 grams Au/mt and 90 grams Ag/mt
- ➤Metallurgical tests confirmed 93% gold and 87% silver recoveries
- ➤Auger drilling begins to plan tailings reprocessing and future Au-Ag concentrate production
Expert Statements
Jeffrey Reeder, Chief Executive Officer of Peruvian Metals
“We are on track for another year at full capacity production. We are planning to expand the production levels for the second quarter of 2027. New drying areas are the first priorities as the reprocessing of tailings material will produce significant amounts of Au-Ag concentrates for sale. The Company is also expecting to produce Au-Ag concentrates from Palta Dorada during the fourth quarter of 2026.”
Edmonton, Alberta--(Newsfile Corp. - October 1, 2026) - Peruvian Metals Corp (TSXV: PER) (OTCQB: DUVNF) ("Peruvian Metals" or the "Company") announces third quarter production results and the start of a detailed auger drilling program on the tailings area at its 80-per-cent-owned Aguila Norte processing plant ("Aguila Norte" or the "Plant") located in Northern Peru.
During the third quarter of 2026, the Plant processed a total of 9,065 metric tonnes ("mt"). The Plant has achieved full production capacity for 9 of the previous 10 quarters. Production levels showed a very slight decrease of 4.5% compared to the third quarter of 2025 (9,494 mt). The Company continues to be on track to achieve full production capacity for 2026 and match or exceed the 2025 annual production of 36,616 mt. The Company has been active in reviewing new civil engineering proposals to expand the capacity of the plant as well as the connection to the national energy grid.
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