Peruvian Metals Corp. · TSXV:PER

Peruvian Metals — Investor Presentation (March 2024)

24 slides from Peruvian Metals's investor presentation, March 2024

  1. Slide 1: Driving Shareholder Value through Mineral Processing and Exploration in Peru

    Driving Shareholder Value through Mineral TSX.V:PER | OTCQB: DUVNF Processing and Exploration in Peru www.peruvianmetals.com

  2. Slide 2: Disclaimer

    Disclaimer This presentation (“Presentation”) does not constitute an offer of any securities for sale or a solicitation of an offer to purchase any securities. This Presentation, and the information contained herein, is not for release, distribution, or publication into or in the United States or an

  3. Slide 3: Peruvian Metals explores and processes high-grade precious and polymetallic minerals in Peru

    Peruvian Metals explores and processes high-grade precious and polymetallic minerals in Peru. The Company retains shareholder value through its ability to generate free cash flow and reinvest in attractive exploration projects throughout the country. 3

  4. Slide 4: Mission

    Mission As a Canadian mineral processor and explorer in Peru, the Company aims to achieve a long-term competitive advantage through: Revenue Generation Processing third-party ore at our 80% owned mineral processing facility Aquila Norte. The company also produces 100 % owned mineral concentrates by

  5. Slide 5: Management

    Management Jeffrey Reeder, B.S.c., P.Geo., Carlos Agreda Minaya, General Manager Peru Director, CEO, & Chairman of the Board Mr. Agreda is an experienced manager with an MBA Mr. Reeder is a geologist with over 35 years of experience from Peru's highly reputable ESAN program. Mr. with 29 years in Per

  6. Slide 6: Directors

    Directors John P. Thompson, P. Eng. – Director Oscar Pezo, Director Mr. Thompson, P. Eng.,holds a B.Sc. and M.Sc. in Geology from Mr. Pezo, a Peruvian National based in Lima, served as CEO of NCF Bolsa Acadia University, Nova Scotia. With 40+ years in exploration, SAB from January 2011 to February 2

  7. Slide 7: Share Structure

    Share Structure A tightly held capital structure showed 68% of the outstanding shares were voted in favour of current management at the 2023 AGM Shares Issued Shareholder Mix 99,741,521 Tartisan Nickel Options 25% 2,700,000 @ $0.18 cents Retail 47% Fully Diluted 102,067,521 Reporting Insiders Market

  8. Slide 8: Focused on Revenue Growth

    Focused on Revenue Growth ✓ Feeding the Aquila Norte plant with our own mineral increase margins significantly ✓ Minas Visca and Minas Maria Norte ✓ Focused on 3rd party permitted Au-Ag 100% artisanal miners Mineral Ownership ✓ Palta Dorada Au-Ag-Cu 100% ✓ The Aquila Norte plant has achieved record

  9. Slide 9: Peru - Emergence of a Global Mining Giant

    Peru - Emergence of a Global Mining Giant The Management team has been operating in Peru for over 30 years due to its friendly mining structure, policies, and rich mineral endowment. They possess an advanced understanding of the permitting process, ASM miner relations and country risks. The country

  10. Slide 10: Artisanal & Small-Scale Mining

    Artisanal & Small-Scale Mining The Peruvian Government’s formalization program that started in 2013 has allowed small miners to register with the Peruvian Ministry of Energy and Mines allowing them greater access to mineral concessions and helping the industry demonstrate their compliance with envir

  11. Slide 11: Aguila Norte Plant Strategically Located Polymetallic Processing Plant in Northern Peru

    Strategically Located Polymetallic Aguila Norte Plant Processing Plant in Northern Peru 11

  12. Slide 12: Aguila Norte Processing Plant

    Aguila Norte Processing Plant A strategic cash flow-generating asset with multiple revenue streams Plant Specifications Excellent Infrastructure crushing, milling, gravity separation, and flotation circuits with an Near to Trujillo, Peru’s 2nd largest city in the northern part of the initial through

  13. Slide 13: Revenue Generation at Aguila Norte

    Revenue Generation at Aguila Norte Revenue vs Tonnes Processed $3,000,000 35,000 28,654 30,199 29,666 30,000 $2,500,000 $2,490,953 18,510 $2,343,979 25,000 $2,000,000 $2,144,215 Tonnes Processed 20,000 CAD $1,500,000 13,185 15,000 $1,607,486 $1,000,000 $1,072,613 10,000 $500,000 5,000 * $- 0 2019 20

  14. Slide 14: Palta Dorada Au-Ag-Cu High-Grade Potential in Northern Peru

    Palta Dorada Au-Ag-Cu High-Grade Potential in Northern Peru 14

  15. Slide 15: 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 2024 Geology ✓ Surface mapping and sampling have identified several high-grade Au- Ag veins hosted in granodi

  16. Slide 16: Palta Dorada - 100%

    Palta Dorada - 100% Permitted Artisanal Mining High Grade Sulphide Ore Recent samples averaging 7-9 Crew in Front of the Main 9.69 g au/t, 13.65 oz Ag/mt grams oxide Au* San Juan Portal and 1.00 % Cu 16 * Material Sold to Inca One - See news release June 13th,

  17. Slide 17: Minas Maria Norte High-Grade Precious & Base Metals

    Pamela Vein 1 to 4 metres in width Au g/t Ag g/t Cu % Pb% Zn % 0.19 543.50 0.65% 12.02 0.22 Minas Maria Norte High-Grade Precious & Base Metals in an Active Mining Jurisdiction in Southern Peru 17

  18. Slide 18: Minas Maria Norte

    Minas Maria Norte Location ✓ South- Central Peru in the Huachocolpa mining district, approximately 260 Km from Lima, and covering approximately 368 Ha. ✓ Located nearby two large +600 tpd floatation plants. Geology ✓ District hosts current and past-producing polymetallic vein-hosted orebodies. Five

  19. Slide 19: Minas Maria Norte – Jess Vein

    Minas Maria Norte Jess Vein 19

  20. Slide 20: Minas Maria Norte Property – Looking West

    Minas Maria Norte Property – Looking West 20

  21. Slide 21: Minas Yanayco

    Minas Yanayco Overview: ✓ 500 Ha in Ancash Department accessible through 300 km from the Aquila Norte Plant Historical Mining: ✓ Concentrated in highly brecciated, oxide gold-silver mineralization with over 3,450 meters of tunnels and workings into the hill with widths up to 30 meters. Geological Si

  22. Slide 22: Short and Long-Term Growth Strategy

    Short and Long-Term Growth Strategy We continue to evaluate high-grade precious and polymetallic concessions in Peru based on management’s 30-year history in the country. Project Short Term Long Term -Continue to upgrade infrastructure and -Construct a Carbon in Pulp gold ore apply disciplined capit

  23. Slide 23: We Retain Shareholder Value

    We Retain Shareholder Value Share Dilution 5-yr 3-yr 1-yr Peruvian Junior Mining Comparables DNG -3% (1%) (1%) PML 0% 0% 0% REG 25% 22% 22% CN 35% 14% 11% TK 48% 15% 0% IO 59% 20% 5% LPK 68% 34% 14% DNT 86% 38% 23% RYO 107% 34% 14% HAN 129% 35% 7% Peruvian Metals has been disciplined PA 141% 57% 9%

  24. Slide 24: Contact Us

    CONTACT US: Jeffrey Reeder, C.E.O. Evan Eadie, Corporate Development TSX.V:PER | OTCQB: DUVNF jeffrey.reeder@peruvianmetals.com evan@peruvianmetalsir.com Cell: 647-302-3290 Cell: 647-370-5268 www.peruvianmetals.com 24

Peruvian Metals — Investor Presentation (March 2024) on 6ix