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Peruvian Metals Reports: Silver - Gold Recoveries of 97.85 % and 92.19% Respectively from the Victor II Vein at the Mercedes Ag-Au Property in Central Peru
Edmonton, Alberta--(Newsfile Corp. - January 23, 2026) - Peruvian Metals Corp. (TSXV: PER) (OTC Pink: DUVNF) ("Peruvian Metals or the Company") is pleased to provide an update on the progress made by the Company in 2025 and its plans for exploration and development for 2026 on the Mercedes Silver-Gold property ("Mercedes" or the "Property"). The Company is also pleased to announce it has completed its obligations to acquire a 50% interest in San Maurizo Mines Ltd. ("San Maurizo"), a private...
About this update from Mercedes-benz Group Ag
[{"type":"text","content":"Edmonton, Alberta--(Newsfile Corp. - January 23, 2026) - Peruvian Metals Corp. (TSXV: PER) (OTC Pink: DUVNF) ("Peruvian Metals or the Company") is pleased to provide an update on the progress made by the Company in 2025 and its plans for exploration and development for 2026 on the Mercedes Silver-Gold property ("Mercedes" or the "Property"). The Company is also pleased to announce it has completed its obligations to acquire a 50% interest in San Maurizo Mines Ltd. ("San Maurizo"), a private Manitoba company, which holds a 100% direct interest in the Property via its wholly owned Peruvian subsidiary, Basic Minerals SAC. The new metallurgical results show that high silver (Ag) recoveries and gold (Au) recoveries are achievable. The new venture will be jointly developed with Hudson Heartland Ltd (50% partner) and development and exploration costs will be equally shared.","length":919,"tagName":"p"},{"type":"text","content":"The Mercedes property is located in the Junin Department in central Peru and covers an area of approximately 1,345 hectares. Mercedes is accessible from the town of Concepion located on the central highway by approximately 40 kilometres of a well-maintained gravel road. Peruvian Metals team has assisted San Maurizo's Peruvian subsidiary in the permitting by submitting the documentation needed for bulk sampling extraction.","length":429,"tagName":"p"},{"type":"text","content":"Mercedes has extensive historical underground workings with horizontal drifts and shafts totaling approximately 900 metres. Previous operators from the early 1980's focused on three main structures called Victor I and II veins and the Kelly vein. In total over 15 mineralized structures were identified crossing Upper Cretaceous and Late Tertiary Sucllamachy granites. Historic reports indicate a total of over 15 mineralized structures/veins identified crossing Upper Cretaceous and Late Tertiary Sucllamachy granites. These structures generally trend NNW-SSE and are subparallel to a large U shape gully allowing easy underground access to these mineralized structures. To date the Company has located six mineralized veins.","length":730,"tagName":"p"},{"type":"text","content":"Recent metallurgical results have confirmed the high recoveries of silver and gold at Mercedes. The lead and zinc content is...