Peruvian Metals Corp. is pleased to announce that the Company has assembled a number of contiguous prospective mineral concessions hosting the potential for a high grade silver-gold resource in Northern Peru called "Cerro La Cumbre" . Historic underground development on this new property exposed a high grade silver-gold vein returning values up to 1,535 g/t Ag and 5.13 g/t Au. The Property is located about 3 hours by [...]
Peruvian Metals Corp. is pleased to announce that it has entered into agreements with a group of Peruvian private investors to purchase the Mansa Musa Gold-Silver property . The investors are supported by GEXEG S.A.C , a private mining consulting company based in Lima. The Property is located in the Department of Huancavelica, 300 kilometres southeast of Lima and consists of five concessions totaling 3600 hectares where [...]
Peruvian Metals Corp. is pleased to provide an update regarding the mineral processing at its 80% owned fully permitted Aguila Norte Processing Plant located in Northern Peru. During the third quarter of 2020, Peruvian Metals processed 4,240 metric tonnes and as of September 30th stockpiled a further 699 mt at Aguila Norte.The Company is very pleased to have exceeded production levels compared to Q3 2019 production of [...]
Peruvian Metals Corp. is pleased to announce that it has closed the first tranche of 2,100,000 units of its previously announced private placement offering of up to 5,000,000 units at an offering price of $0.05 per Unit , to raise gross proceeds of $105,000. Each Unit consists of one common share of the Company, and one share purchase warrant to acquire one additional common share at an exercise price of $0.10 per share [...]
Peruvian Metals Corp. is pleased to provide an update regarding the mineral processing at its 80% owned fully permitted Aguila Norte Processing Plant located in Northern Peru. The Company successfully restarted mineral processing during late July following a four-month shutdown due to COVID-19. The Company has established proper health protocols ensuring safety for all employees and contractors at the site. The Company [...]
Peruvian Metals Corp. is also pleased to announce that it has arranged a non-brokered private placement for gross proceeds of up to $250,000 which will be used to advance its exploration strategy and for general working capital. The non-brokered private placement consists of 5,000,000 units at a price of $0.05 per unit, each unit being comprised of one common share and one non-transferable share purchase warrant. The [...]
Peruvian Metals Corp. is pleased to announce the plans to explore and develop the Company's 100% Minas Maria Norte Property located in the Huachocolpa Mining District in South-Central Peru. The Property consists of 12 concessions totaling 388 hectares covering an area that hosts a mineralized corridor containing several high grade Au-Ag-Pb-Zn veins. Several historic workings exist on the Property from production in the [...]
Peruvian Metals Corp. located in the Ancash Department of Peru. Permits have been approved to extend the underground workings at the main exploration target on the property. The extracted mineralized material will form the bulk samples and will be processed at Peruvian Metals' Aguila Norte Processing Plant. The Company signed a Memorandum of Understanding with Rio Silver Inc. in early January 2020 to jointly explore and [...]
Peruvian Metals Corp. is now preparing to restart mineral processing at its 80% owned Aguila Norte Flotation Plant located in Northern Peru. Since mid-March, 2020, the Peruvian government restricted all non-essential transportation and travel within the country including strict quarantine and curfew periods throughout the country due to the COVID-19 virus. In mid-May the Peruvian government announced four phases for [...]
Peruvian Metals Corp. announces that it is relying on the extension provided by Canadian securities regulators as a result of the COVID-19 pandemic regarding the deadline for filing and delivering its audited financial statements and MD&A for the fiscal year ended December 31, 2019. Accordingly, the Company will file such Financials no later than the extended deadline of June 15, 2020. Until the Financials are filed, the [...]
Peruvian Metals Corp. is pleased to provide an update regarding the mineral processing at its 80% owned fully permitted Aguila Norte Processing Plant located in Northern Peru. On March 16, 2020, the Peruvian government restricted all non-essential transportation and travel within the country in addition to declaring a 15-day quarantine whereby all citizens are to stay and work from home if possible. Yesterday, March 26th [...]
Peruvian Metals Corp. is pleased to announce that it has sold the Company's 100% owned subsidiary Corongo Exploraciónes to Mines & Metals Trading PLC for $200,000 US cash and $600,000 US in shares. Corongo holds several concessions totaling 2420 hectares located in the Huachocolpa Mining District in South-Central Peru. MMTP is a private company based in Isle of Man and owns the 600 tonnes per day Recuperada Mill [...]