Peruvian Metals Corp (TSXV: PER) has released a corporate update covering October 2026 production figures at its Aguila Norte Processing Plant in Northern Peru, new gold and silver assay results from the adjacent tailings area, and the commencement of a process to reinstate its OTCQB listing in the United States. The Plant processed 3,142 metric tonnes in October, marking 21 consecutive months of full production. Investors may be watching the update closely given the company's simultaneous announcement of civil works for a second ball mill expansion.

Key Points

  • Peruvian Metals Corp (TSXV: PER) (OTC Pink: DUVNF) issued a multi-part corporate update on November 6, 2026.
  • The Aguila Norte Processing Plant processed 3,142 metric tonnes in October and has now achieved 21 consecutive months of full production.
  • Thirty-one tailings samples returned an average of 2.17 g Au/mt and 87 g Ag/mt, with metallurgical recoveries of 93% gold and 87% silver confirmed.
  • Investors should watch the progress of OTCQB reinstatement proceedings and civil works for the second ball mill expansion.

Aguila Norte Plant Hits 21 Consecutive Months of Full-Capacity Output

The company's 80%-owned Aguila Norte Processing Plant processed 3,142 metric tonnes during October 2026, extending its full-production streak to 21 consecutive months. The release states that since 2017 the Plant has processed in excess of 227,000 tonnes in total. CEO Jeffrey Reeder noted in the announcement that the facility continues to achieve positive operating cash flow. Civil works for a platform to host a second ball mill are described as ongoing, with the company stating the infrastructure will be ready in the new year, signalling a planned capacity increase.

New Tailings Assays Deliver Consistent Gold-Silver Grades at Aguila Norte

Peruvian Metals reported results from 31 samples taken from an extracted tailings area of approximately 1,250 square metres ranging 1 to 2 metres in depth. The samples returned an average of 2.17 grams gold per metric tonne and 87 grams silver per metric tonne. At spot prices of approximately US$4,000 per ounce gold and US$50 per ounce silver referenced in the release, the company calculates this equates to 0.108 oz gold equivalent per metric tonne. Metallurgical test work confirmed recoveries of 93% for gold and 87% for silver. The company notes these results are comparable to those previously reported in its September 9, 2026 press release.

Peruvian Metals Pursues OTCQB Reinstatement to Broaden U.S. Investor Access

The release discloses that Peruvian Metals has commenced the process to reinstate its OTCQB listing in the United States. The OTCQB platform is recognised by the U.S. Securities and Exchange Commission as an established public market for determining public market price when registering securities for resale. The company states the reinstatement is intended to provide U.S. investors with an additional avenue to trade Peruvian Metals shares and to increase the company's visibility in global capital markets. The immediate share price impact was not clear from available public information.