Peruvian Metals Corp. Provides Corporate Update
Peruvian Metals Corp (TSXV: PER) (OTCQB: DUVNF) has released a corporate update addressing market activity and production results. The company reported that Tartisan Nickel Corp sold 26,620,500 shares during the nine-month period ending December 31st, 2024, reducing its ownership from 26.69% to 2.81%, which likely impacted the share price negatively.
The company's Aguila Norte processing plant in Northern Peru, which is 80% owned by Peruvian Metals, processed 6,108 tonnes of mineral in the first two months of 2025, marking a 35.49% increase compared to the 4,508 tonnes processed in 2024.
Moving forward, the company plans to expand into the Peruvian gold sector through its 100% owned Palta Dorada Project, which contains high-grade gold in both oxide and sulphide material. The company recently re-established access roads to the underground workings and is exploring additional gold opportunities in the area, including the possibility of establishing a carbon-in-pulp (CIP) plant.
Peruvian Metals Corp (TSXV: PER) (OTCQB: DUVNF) ha rilasciato un aggiornamento aziendale riguardante l'attivit脿 di mercato e i risultati di produzione. L'azienda ha riportato che Tartisan Nickel Corp ha venduto 26.620.500 azioni durante il periodo di nove mesi terminante il 31 dicembre 2024, riducendo la sua partecipazione dal 26,69% al 2,81%, il che ha probabilmente avuto un impatto negativo sul prezzo delle azioni.
Il impianto di lavorazione Aguila Norte nel nord del Per霉, di cui Peruvian Metals detiene l'80%, ha trattato 6.108 tonnellate di minerale nei primi due mesi del 2025, segnando un aumento del 35,49% rispetto alle 4.508 tonnellate trattate nel 2024.
In futuro, l'azienda prevede di espandersi nel settore dell'oro peruviano attraverso il suo Progetto Palta Dorada, di cui detiene il 100%, che contiene oro di alta qualit脿 sia in materiale ossidato che solforato. L'azienda ha recentemente ripristinato le strade di accesso ai lavori sotterranei ed 猫 alla ricerca di ulteriori opportunit脿 d'oro nella zona, inclusa la possibilit脿 di stabilire un impianto di carboni in pasta (CIP).
Peruvian Metals Corp (TSXV: PER) (OTCQB: DUVNF) ha publicado una actualizaci贸n corporativa que aborda la actividad del mercado y los resultados de producci贸n. La empresa inform贸 que Tartisan Nickel Corp vendi贸 26,620,500 acciones durante el per铆odo de nueve meses que termin贸 el 31 de diciembre de 2024, reduciendo su participaci贸n del 26.69% al 2.81%, lo que probablemente afect贸 negativamente el precio de las acciones.
La planta de procesamiento Aguila Norte en el norte de Per煤, que es propiedad en un 80% de Peruvian Metals, proces贸 6,108 toneladas de mineral en los primeros dos meses de 2025, lo que representa un aumento del 35.49% en comparaci贸n con las 4,508 toneladas procesadas en 2024.
De cara al futuro, la empresa planea expandirse en el sector del oro peruano a trav茅s de su Proyecto Palta Dorada, que es 100% propiedad de la compa帽铆a y contiene oro de alta ley tanto en material oxidado como sulfuroso. La empresa ha restablecido recientemente las carreteras de acceso a las obras subterr谩neas y est谩 explorando oportunidades adicionales de oro en la zona, incluida la posibilidad de establecer una planta de carbono en pulpa (CIP).
韼橂（ 氅旐儓鞀� Corp (TSXV: PER) (OTCQB: DUVNF)電� 鞁滌灔 頇滊彊 氚� 靸濎偘 瓴瓣臣鞐� 雽�頃� 旮办梾 鞐呺嵃鞚错姼毳� 氚滍憸頄堨姷雼堧嫟. 須岇偓電� Tartisan Nickel Corp臧� 2024雲� 12鞗� 31鞚� 膦呺霅橂姅 9臧滌洈 霃欖晥 26,620,500欤茧ゼ 毵り皝頃橃棳 靻岇湢 歆�攵勳澊 26.69%鞐愳劀 2.81%搿� 臧愳唽頄堨溂氅�, 鞚措姅 欤缄皜鞐� 攵�鞝曥爜鞚� 鞓來枼鞚� 氙胳长鞚� 臧�電レ劚鞚� 鞛堧嫟瓿� 氤搓碃頄堨姷雼堧嫟.
韼橂（ 攵侂秬鞐� 鞙勳箻頃� 鞎勱赴鞖半澕 雲鸽ゴ韰� 觳橂Μ 瓿奠灔電� 韼橂（ 氅旐儓鞀り皜 80% 靻岇湢頃橁碃 鞛堨溂氅�, 2025雲� 觳� 霊� 雼� 霃欖晥 6,108韱れ潣 甏戩劃鞚� 觳橂Μ頃橃棳 2024雲勳潣 4,508韱れ棎 牍勴暣 35.49% 歃濌皜頃� 靾橃箻毳� 旮半頄堨姷雼堧嫟.
Peruvian Metals Corp (TSXV: PER) (OTCQB: DUVNF) a publi茅 une mise 脿 jour de l'entreprise concernant l'activit茅 du march茅 et les r茅sultats de production. La soci茅t茅 a rapport茅 que Tartisan Nickel Corp a vendu 26 620 500 actions au cours de la p茅riode de neuf mois se terminant le 31 d茅cembre 2024, r茅duisant ainsi sa participation de 26,69 % 脿 2,81 %, ce qui a probablement eu un impact n茅gatif sur le prix des actions.
La plante de traitement Aguila Norte dans le nord du P茅rou, dont Peruvian Metals d茅tient 80 %, a trait茅 6 108 tonnes de minerai au cours des deux premiers mois de 2025, marquant une augmentation de 35,49 % par rapport aux 4 508 tonnes trait茅es en 2024.
脌 l'avenir, l'entreprise pr茅voit de s'茅tendre dans le secteur de l'or p茅ruvien gr芒ce 脿 son Projet Palta Dorada, qui est enti猫rement d茅tenu et contient de l'or de haute qualit茅 dans des mat茅riaux oxyd茅s et sulfureux. L'entreprise a r茅cemment r茅tabli les routes d'acc猫s aux travaux souterrains et explore d'autres opportunit茅s d'or dans la r茅gion, y compris la possibilit茅 d'茅tablir une usine de carbone en pulpe (CIP).
Peruvian Metals Corp (TSXV: PER) (OTCQB: DUVNF) hat ein Unternehmensupdate ver枚ffentlicht, das sich mit der Marktaktivit盲t und den Produktionsresultaten befasst. Das Unternehmen berichtete, dass Tartisan Nickel Corp im Zeitraum von neun Monaten bis zum 31. Dezember 2024 insgesamt 26.620.500 Aktien verkauft hat, wodurch sich der Anteil von 26,69% auf 2,81% verringert hat, was wahrscheinlich einen negativen Einfluss auf den Aktienkurs hatte.
Die Aguila Norte Aufbereitungsanlage im Norden Perus, die zu 80% im Besitz von Peruvian Metals ist, hat in den ersten beiden Monaten des Jahres 2025 6.108 Tonnen Mineral verarbeitet, was einen Anstieg von 35,49% im Vergleich zu den 4.508 Tonnen im Jahr 2024 darstellt.
F眉r die Zukunft plant das Unternehmen, in den peruanischen Goldsektor zu expandieren, durch das zu 100% im Besitz befindliche Palta Dorada Projekt, das hochgradiges Gold sowohl in oxidischen als auch in sulfidischen Materialien enth盲lt. Das Unternehmen hat k眉rzlich die Zugangsstra脽en zu den unterirdischen Arbeiten wiederhergestellt und erkundet zus盲tzliche Goldm枚glichkeiten in der Region, einschlie脽lich der M枚glichkeit, eine Kohlenstoff-in-Paste (CIP) Anlage einzurichten.
- Processing volume increased 35.49% to 6,108 tonnes in first two months of 2025
- Company reports strong financial position with good cash flow
- 80% ownership of operational Aguila Norte processing plant
- 100% ownership of high-grade gold Palta Dorada Project
- Major shareholder Tartisan Nickel sold 26.6M shares, reducing stake from 26.69% to 2.81%
- Share price adversely affected by large-scale selling pressure
- No assurance of economically viable mineralization at Palta Dorada
Edmonton, Alberta--(Newsfile Corp. - March 11, 2025) - Peruvian Metals Corp (TSXV: PER) (OTCQB: DUVNF) ("Peruvian Metals" or the "Company") comments on certain market activity during 2024, two-month production results for January and February 2025 at its 80-per-cent-owned Aguila Norte processing plant (the "Aguila Norte Plant") located in Northern Peru, as well as its business focus going forward.
During the first quarter of 2025, the Company attended two Canadian investment conferences and exhibited at the world's largest mining conference, the Prospectors and Developers Association of Canada ("PDAC") in the first week of March. During PDAC, management of Peruvian Metals received several inquiries regarding the share price of the Company. Management feels that it is important that shareholders understand that, according to Tartisan Nickel Corp.'s ("Tartisan") publicly filed interim financial report filed March 3rd, 2025 (the "Report"), Tartisan sold 26,620,500 shares of the Peruvian Metals common shares held by it during the 9-month period ending December 31st, 2024. The Report further notes that as of March 31st, 2024, Tartisan Nickel held
Peruvian Metals notes that the Company is financially strong with good cash flow. Please see the Company's publicly filed documents on for further information. The Company intends to move into the Peruvian gold space by focusing on its
The Company is also pleased to note that in the first 2 months of 2025 the Plant processed 6,108 tonnes of wholly owned and third-party mineral which exceeds the 4,508 tonnes processed in 2024 and 4,441 tonnes processed in 2023 and represents an increase of
Qualified Person
Jeffrey Reeder, P. Geo., is the Qualified Person, as defined in National Instrument 43-101 Standards of Disclosure for Mineral Projects, who has reviewed and approved the technical contents of this press 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 Company continues to acquire and develop precious and base metal properties in Peru.
For additional information, contact:
Jeffrey Reeder, C.E.O.
Telephone: (647) 302-3290
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 information" within the meaning of applicable securities legislation. We use words such as "intends", "might", "will", "should", "anticipate", "plan", "expect", "believe", "estimate", "forecast" and similar terminology to identify forward looking statements and forward-looking information. Examples of forward-looking statements include the Company's plans to move into the Peruvian gold space, to acquire additional mineral properties or to build a CIP plant. 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 under the Company's profile 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.
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FAQ
What caused the decline in Peruvian Metals (DUVNF) share price during 2024?
How much mineral did Peruvian Metals process at Aguila Norte Plant in early 2025?
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