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Independent Lab Confirms Gold and Silver Recoveries of 89% and 75% Respectively in Sulphides at Palta Dorada
Edmonton, Alberta--(Newsfile Corp. - April 14, 2026) - Peruvian Metals Corp (TSXV: PER) (OTC Pin...

About this update from Peruvian Metals Corp.
[{"type":"text","content":"Independent Lab Confirms Gold and Silver Recoveries of 89% and 75% Respectively in Sulphides at Palta DoradaEdmonton, Alberta--(Newsfile Corp. - April 14, 2026) - Peruvian Metals Corp (TSXV: PER) (OTC Pink: DUVNF) (\"Peruvian Metals\" or the \"Company\") is pleased to announce updated metallurgical work on sulphide Au-Ag material on its 100% owned Palta Dorada Gold-Silver property (\"Property\") located in the Ancash department in Northern Peru. The new independent metallurgical work confirms gold recoveries of 89% and improved silver recoveries to 75%. The new metallurgical work was performed by Certmin S.A., an accredited testing laboratory for 43-101 purposes located in Lima Peru. The Property covers an area of approximately 2,250 hectares. It is accessible from Peruvian Metals' Aguila Norte processing plant (\"Aguila Norte\" or the \"Plant\") by approximately 120 kilometres of mainly paved roadway. The Company will be able to extract both oxide and sulphide material. Oxide material will be initially sold to local toll mills capable of treating oxide material, whereas sulphide material will be shipped to the Plant for processing. The head grade of the new metallurgical sample assayed 11.10 grams Au/mt and 4.67 ounces Ag/mt. Precious metal recoveries on this sulphide material using flotation methods confirmed the 89% level for gold but improved on the silver recovery to 75%. Previously announced head grade of the sample from previous metallurgical work returned 8.30 grams Au/mt and 3.39 ounces Ag/mt and recoveries returned 89% for gold and 61% for silver. The material taken for this new metallurgical test was a composite over one metre located below the oxide and sulphide transition. The previous metallurgical work and precious metals recoveries were reported in the Company's news release dated January 21st, 2026. The new metallurgical work was performed by Certmin's Chief Metallurgist, Ing. Luis Loaiza. Assaying for the new tests was done in house at Certmin S.A. The Company is currently improving the access to the Property and upgrading the camp conditions to house more personnel. The Company is planning to drive two access tunnels in order to access both the oxide and sulphide material for bulk material extraction. Initial work will concentrate on expanding the short existing twenty metre access tunnel to 3-metres in h...