Edmonton, Alberta--(Newsfile Corp. - February 5, 2026) - Peruvian Metals Corp. (TSXV: PER) (OTC Pink: DUVNF) ("Peruvian Metals or the "Company") is pleased to announce that the agreement between San Maurizo Mines Ltd. ("San Maurizo"), a private Manitoba company which holds a 100% direct interest in the Mercedes Property, and Comunidades Campesinas y Nativas Comunidad Campesina de Pomamanta ("Community") has now been accepted and registered with Sunarp Peru's public registry. Peruvian Metals holds a 50% sta ...

Core Viewpoint - Peruvian Metals Corp. has provided an update on its Minas Visca Silver property in Northern Peru, highlighting the potential for economically viable mineral extraction due to the significant increase in silver prices. Group 1: Property Acquisition and Location - The Minas Visca Silver property was acquired in 2021 through a competitive bidding process, with other bidders including Newmont Peru S.R.L and Mitsui Mining & Smelting Co. The property is located approximately 140 kilometers north of Lima [1] - The property spans approximately 94 hectares and includes several old mine workings, accessible via a paved highway and 50 kilometers of well-maintained dirt road [2] Group 2: Historical and Current Metallurgical Data - Historical reports indicate a metallurgical sample from the area averaged 13.16 ounces of silver per tonne, with 2.55% lead and 3.77% zinc. Two concentrates can be produced, with the first averaging 63.03% lead, 6% zinc, and 317 ounces of silver per tonne [2] - The company collected a bulk sample with a head grade of 4.83 ounces of silver per tonne, 0.25 grams of gold per tonne, and 1.62% lead, achieving recoveries of 85.50% for silver, 84.37% for lead, and 46.33% for gold [4] Group 3: Community Engagement and Future Plans - Initial discussions with the local community have been positive, and the company plans to continue discussions for detailed mapping and sampling, including additional metallurgical tests [5] - Mitsui is planning a drill program adjacent to the property, having completed necessary consultations and received approvals for drilling [5] Group 4: Economic Context and Processing Capacity - The CEO noted that when the property was acquired, silver was trading at approximately $23 per ounce, but it has since risen to over $100 per ounce, making the extraction economics attractive [6] - The Aguila Norte Processing Plant, which is accessible from the Minas Visca property, is currently producing at a capacity of 100 tonnes per day and can expand throughput as mineral supply increases [6] Group 5: Financing Activities - The company has arranged a non-brokered private placement for gross proceeds of up to $1,000,000 to advance its exploration strategy and for general working capital [7] - The placement will consist of 10,000,000 units at a price of $0.10 per unit, with each unit comprising one common share and one-half non-transferable share purchase warrant [8]

Core Insights - Peruvian Metals Corp. has made significant progress in 2025 and plans for exploration and development in 2026 on the Mercedes Silver-Gold property, having completed its acquisition of a 50% interest in San Maurizo Mines Ltd. [1][9] - Recent metallurgical results indicate high recoveries of silver and gold, with a focus on producing a single concentrate rich in these metals [4][9]. Group 1: Property and Location - The Mercedes property is located in the Junin Department of central Peru, covering approximately 1,345 hectares and is accessible via a well-maintained gravel road [2]. - Historical underground workings at Mercedes include approximately 900 meters of horizontal drifts and shafts, with over 15 identified mineralized structures [3]. Group 2: Metallurgical Results - A composite sample from the Victor II workings returned a head grade of 3.69 grams Au/mt and 9.4 ounces Ag/mt, with flotation methods achieving silver and gold recoveries of 97.85% and 92.19%, respectively [5]. - The Charo Vein, a newly located mineralized structure, showed assays averaging 1.33 grams Au/mt and 14.83 ounces Ag/mt, with metallurgical results indicating recoveries of 92.3% Ag and 74.7% Au [5]. Group 3: Development Plans - The company has secured access agreements with the local community and established a camp, with plans to start mineral extraction from the Victor II and Charo Veins in early 2026 [6]. - A 225-meter crosscut will be developed to access multiple mineralized faces and establish underground drill sites, with processing to occur at a local toll mill [6]. Group 4: Management and Expertise - The project will continue to be managed by experienced professionals, including Eric Hinton and Jeff Reeder, who bring extensive mining experience [7][8]. - Peruvian Metals will provide administrative, accounting, permitting, and geological services to support the project [8].

Edmonton, Alberta--(Newsfile Corp. - January 21, 2026) - Peruvian Metals Corp - (TSX: PER) (OTC Pink: DUVNF) ("Peruvian Metals" or the "Company") is pleased to announce updated metallurgical results on both oxide and sulphide Au-Ag material on its 100% owned Palta Dorada Gold-Silver property ("Property") located in the Ancash department in Northern Peru. New metallurgical work on gold recoveries in both the oxide and sulphide material shows recoveries exceeding 80%. The new metallurgical work was conducted ...

Core Insights - Peruvian Metals Corp achieved record production at its Aguila Norte processing plant in 2025, processing 36,616 tonnes of third-party mineral, an 8% increase from 2024 [2][9] - The company is planning development and exploration programs for 2026, including its 100% owned properties and the Mercedes Property, which has a 50% indirect interest [3] - Significant progress has been made in permitting and metallurgical work at the Palta Dorada and Mercedes properties, with plans for a future Carbon in Pulp (CIP) plant [3][9] Production and Processing - The Aguila Norte plant has processed increasing amounts of mineral for five consecutive years, with 2025 marking a record year [2] - The plant operated at full capacity in 2025, and expansion plans are being considered [2] Project Developments - The company is conducting metallurgical studies at both Palta Dorada and Mercedes, with results to be provided once available [3] - Development plans include reviewing Au-Ag-Cu veins around the Aguila Norte Plant and conducting topographic control and metallurgical work [4] Non-Core Properties - Non-core properties of interest include the Minas Vizca and Yanayco properties, both of which have significant gold and silver values [5][6] - Historical sampling at Yanayco returned grades of up to 7.33 grams Au/mt and 30.9 ounces Ag/mt, indicating potential for high-grade underground operations [6][7] Shareholder Updates - In December 2025, Peruvian Metals received 3,999,999 shares of Rio Silver Inc. for the sale of the Minas Maria Property, becoming the largest shareholder of Rio Silver [8]

Edmonton, Alberta--(Newsfile Corp. - December 17, 2025) - Peruvian Metals Corp (TSXV: PER) (OTC Pink: DUVNF) ("Peruvian Metals" or the "Company") is pleased to announce that the Company plans a 2026 exploration program focused on the gold, silver and copper veins located in close proximity to its 80-per-cent-owned Aguila Norte processing plant ("Aguila Norte" or the "Plant") located in Northern Peru. The Company holds an environmental permit ("IGAC") granted by the Peruvian government that permits the Plan ...

Edmonton, Alberta--(Newsfile Corp. - December 15, 2025) - Peruvian Metals Corp. (TSXV: PER) (the "Company" or "Peruvian Metals") announces that, following regulatory approval, the closing of the previously-announced transaction (the "Transaction") with Rio Silver Inc. ("Rio Silver") (TSXV: RYO) to sell 100% of the issued and outstanding common shares of Mamaniña Exploraciones S.A.C. (the "Subsidiary"), a Peruvian corporation, which holds mining rights in the Maria Norte project (the "Maria Norte Property") ...

Core Viewpoint - Rio Silver Inc. has successfully completed the acquisition of Mamaniña Exploraciones S.A.C. from Peruvian Metals Corp., gaining full ownership of the Maria Norte project in Peru following regulatory approval [1][2]. Transaction Details - The acquisition involved Rio Silver issuing 3,999,999 common shares to Peruvian, which constitutes 9.27% of the company's total issued and outstanding share capital after a recent 5:1 share consolidation [2]. - Rio Silver is obligated to pay a total of US$250,000 to Peruvian through semi-annual payments over five years, starting June 15, 2025. To date, the company has made cash payments totaling CDN$15,000, US$22,500, and US$25,000, leaving US$225,000 remaining [2]. Geological Report - A geological report compliant with National Instrument 43-101 regarding the Maria Norte Property will be filed on SEDAR+ [3].

Core Viewpoint - Peruvian Metals Corp. intends to amend the terms of 10,000,000 outstanding warrants, extending their expiry date from September 27, 2025, to December 31, 2025, pending approval from the TSX Venture Exchange [1][2]. Group 1: Warrant Details - The 10,000,000 warrants were originally issued on September 27, 2024, as part of a private placement [2]. - Since their issuance, no warrants have been exercised [2]. - The amendment to extend the expiry date is subject to approval from the TSX Venture Exchange [2]. Group 2: Company Overview - Peruvian Metals Corp. is a Canadian exploration and mineral processing company focused on providing toll milling services and producing high-grade concentrates from mineral purchases [3]. - The company is actively acquiring and developing precious and base metal properties in Peru [3].

Core Viewpoint - Rio Silver Inc. has amended the terms of its acquisition of the Maria Norte Project from Peruvian Metals Corp, eliminating the net smelter royalty and adjusting payment securities [1][2]. Group 1: Transaction Details - The amended terms include the elimination of the net smelter royalty to Peruvian Metals Corp [2]. - Rio Silver will issue 3,000,000 shares and 1,000,000 share purchase warrants to Peruvian, with warrants exercisable at $0.15 per share for two years post-approval [2]. - Rio Silver will make a payment of $22,500 to Peruvian, while maintaining semiannual "Option Payments" of $25,000 totaling $250,000 [2]. Group 2: Company Overview - Rio Silver is focused on acquiring precious metal assets that can generate near-term cash flow to support its exploration and development plans [3]. - The company expresses optimism regarding Peru's supportive mining policies and ongoing investment in the region [3].