Peruvian Metals Corp. · TSXV:PER
Peruvian Metals — Investor Presentation (October 2026)
28 slides from Peruvian Metals's investor presentation, Oct 26, 2026
Slide 1: Peruvian Metals Corp.
Peruvian Metals Corp. A Peruvian mineral processor advancing its own gold, silver and polymetallic projects. T S X V: P E R | O T C : D U V N F
Slide 2: Disclaimer
Disclaimer This presentation (“Presentation”) does not constitute an offer of any securities for sale which reflect the Company’s or, as appropriate, the Company’s directors’ current or a solicitation of an offer to purchase any securities. This Presentation, and the expectations and projections abo
Slide 3: Peruvian Metals at a Glance
Peruvian Metals at a Glance A revenue-generating mineral exploration and development company with a fully permitted processing plant Peruvian Metals is a Canadian mineral processing and exploration company focused on Peru. The Company owns 80% of the Aguila Norte processing plant, which generates re
Slide 4: Why Peruvian Metals is Different
Why Peruvian Metals is Different Cash flow funded We develop projects 30+ years on the ground exploration through bulk processing in Peru We don't need to raise money to explore. Rather than spending millions on drilling Jeffrey Reeder, the CEO, has been working Revenue from Aguila Norte funds our p
Slide 5: Capital Structure & Why Peru
Capital Structure & Why Peru Why Peru? Capital Structure Item Amount 9.1% 17.8% Shares Issued Warrants (avg @ C$0.16) 147,178,950 8,534,184 Options (@ C$0.06-0.35) 7,450,000 of world copper reserves of world silver reserves Fully Diluted ~163.2M Market Cap ~C$19.1 M – as of October 2nd 5.6% 500K+ Sh
Slide 6: Operations and Project Portfolio
Operations and Project Portfolio Aguila Norte Processing Plant (80%) Palta Dorada Au-Ag Mine (100%) ■ Fully Permitted Processing Plant ■ Fully permitted for Mineral Extraction ■ 100 tpd expandable to 350 tpd ■ High grade Au-Ag Material both in Oxides and Sulphides ■ Cash Flow Positive ■ Very good ac
Slide 7: Aguila Norte Processing Plant
01 Aguila Norte Processing Plant Fully Permitted for expansion up to 350 tpd 7
Slide 8: Aguila Norte Fully Permitted Flotation Plant
Aguila Norte Fully Permitted Flotation Plant Crushing Circuit ~ 450 tonnes per day Flotation Circuit ~ 100 tonnes per day AGUILA NORTE PROCESSING PLANT T S X V: P E R 8
Slide 9: Loading Concentrate Trucks
Loading Concentrate Trucks AGUILA NORTE PROCESSING PLANT T S X V: P E R 9
Slide 10: Yearly Production January to December in Metric Tonnes
Yearly Production January to December in Metric Tonnes 36,616 33,889 29,666 30,199 28,653 27,334** 18,510 13,084* 2019 2020 2021 2022 2023 2024 2025 2026 Year * Production affected by Covid ** 9 months Production AGUILA NORTE PROCESSING PLANT T S X V: P E R 10
Slide 11: Aguila Norte Tailings Au-Ag Project
Aguila Norte Tailings Au-Ag Project Dry Areas – Average 2.4 grams Au/mt and 90 grams Ag/mt Metallurgical Studies with a head grade of 1.76 g/t Au and 75 g/t Ag showed 93% recovery for Au and 87% Ag Please see the Company’s news release dated September 9, 2026 for more detailed information AGUILA NOR
Slide 12: Aguila Norte Historic Mine Workings
Aguila Norte Historic Mine Workings Strong Oxide Copper Mineralization Seven samples taken from oxide On surface suggesting a sulphide gold workings close to the plant source at depth averaged 6.24 g/t Au. Miners Copper assays from oxide averaged 2% intersected sulphides at depth and Cu with +1 g/t
Slide 13: Palta Dorada Au-Ag
02 Palta Dorada Au-Ag High Grade Gold Potential in Northern Peru 13
Slide 14: Palta Dorada Au-Ag-Cu - 100% ownership
Palta Dorada Au-Ag-Cu - 100% ownership Location ■ Ancash Mining department in Northern Peru covering approximately 2250 Ha with extraction permits in place. Full mining permit expected late 2026 Geology ■ Surface mapping and sampling have identified several high-grade Au-Ag veins hosted in granodior
Slide 15: Palta Dorada Gold - Silver - 100%
Palta Dorada Gold - Silver - 100% High Grade Sulphide Ore Lower Level San 10.51 g/mt Au, 10.58 oz/mt Ag and Stockpiled Oxide Gold averaging 9 grams Juan Entrance 1.74 % Cu oxide gold/mt* * Material Sold to Inca One – at $1850 US per ounce in 2022 PA LTA D O R A D A A U - A G T S X V: P E R 15
Slide 16: Palta Dorada Au-Ag
PA LTA D O R A D A A U - A G T S X V: P E R 16
Slide 17: Sample Results from the 53-meter Shaft
Sample Results from the 53-meter Shaft Metallurgical Sample in Oxides Head Grade 35.1 grams Au/mt and 1.5 ounces Ag/mt showing recoveries of 82% Au and 58% Ag Oxide Sulphides Metallurgical Sample in Sulphides Head Grade 8.30 grams Au/mt and 3.39 ounces Ag/mt showing recoveries of 89% Au and 75% Ag P
Slide 18: Concentrate – Sulphides
Concentrate – Sulphides Metallurgical Work Performed by Jose Moncada, En la siguiente tabla se presenta los resultados de la prueba de flotación: the Head Metallurgist at the Aguila Norte Plant PESO LEYES % RECUPERACION % PRODUCTO RATIO gr Au gr/tm Ag Oz/Tm %Fe Au Ag Fe ■ Excellent Mineral to Concen
Slide 19: Mercedes Au-Ag-Pb-Zn
03 Mercedes Au-Ag-Pb-Zn 19
Slide 20: 50% Mercedes Au-Ag-Pb-Zn
50% Mercedes Au-Ag-Pb-Zn ■ Purchase 50% of the Shares of San Maurizo Mines Inc. – Private Canadian Company ■ 50% owned by Eric Hinton P.Eng. Professional Mining Engineer with 35 years experience of Underground Mining ■ Historical Underground Development with Over 1000 meters of drifting ■ Excellent
Slide 21: Victor 1, 2 and Kelly Veins
Looking East Victor 1, 2 and Kelly Veins Victor II Vein Favourable Topography Kelly Vein 200-meter Access Drift Site of Access Drift To access the Victor Vein and Kelly Veins below historical workings MERCEDES AU-AG-PB-ZN T S X V: P E R 21
Slide 22: Veta Victor II and Veta Charo Metallurgical Results
Veta Victor II Metallurgical Results En la siguiente tabla se presenta los resultados tentativos de planta: PESO LEYES RECUPERACION % PRODUCTO RATIO TM Au gr/tm Ag Oz/tm %Fe %Cu %As Au Ag %Fe CABEZA 300.00 3.69 9.40 8.09 100.00 100.00 100 CONCENTRADO 83.56 12.23 33.03 26.29 0.24 8.57 3.59 92.19 97.8
Slide 23: Veta Victor II and Veta Charo Metallurgical Results
Veta Victor II Metallurgical Results En la siguiente tabla se presenta los resultados de la prueba experimental: Ley de concentrado: PESO LEYES RECUPERACION % LEYES CONCENTRADO RATIO gr Au gr/tm Ag Oz/tm Fe% Cu% As% Au Ag Fe Au gr/tm Ag Oz/tm Cu % As % CABEZA CALCULADA 1090.74 3.49 8.22 8.09 100.00
Slide 24: Mercedes Au-Ag-Pb-Zn
MERCEDES AU-AG-PB-ZN T S X V: P E R 24
Slide 25: Catalysts & Milestones Ahead
Catalysts & Milestones Ahead H2 2026 END 2026 H1 2027 H2 2027 H2 2027 Palta Dorada First Full Permits at Palta Aguila Norte Mercedes First Reprocessing of Shipment Dorada and Mercedes Expansion Studies Shipment Bulk Aguila Norte Tailings Processing Material Send first bulk material from Full Peruvia
Slide 26: Management & Board of Directors
Management & Board of Directors MANAGEMENT BOARD OF DIRECTORS Jeffrey J. Reeder, P.Geo. Daniel Hamilton, CPA, CA CEO, President & Chairman Director 30+ years in Peru. Identified Aguila Copper-Moly (Industrias Peñoles) and Pinaya Cu-Au. 30+ years senior financial experience. Former CFO of multiple TS
Slide 27: How to Invest
HOW TO INVEST PERUVIAN METALS CORP. TSXV: PER | OTC: DUVNF Available through any Canadian brokerage or online discount broker under TSXV: PER Trading Information for US investors under symbol: DUVNF on the OTC Jeffrey Reeder, CEO: jeffrey.reeder@peruvianmetals.com | +1 (647) 302-3290 Andrew Volk, CC
Slide 28: Peruvian Metals Corp.
Peruvian Metals Corp. A Peruvian mineral processor advancing its own gold, silver and polymetallic projects. TSXV: PER | OTC: DUVNF 28
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