Peruvian Metals Provides Update on Production at the Aguila Norte Processing Plant

Edmonton, Alberta–(Newsfile Corp. – May 6, 2024) – Peruvian Metals Corp. (TSXV: PER) (OTCQB: DUVNF) (“Peruvian Metals” or the “Company”) is pleased to provide an update on mineral processing at its 80% owned Aguila Norte Processing Plant (“Aguila Norte” or the “Plant”) located in Northern Peru. During the first four months of 2024, the Plant completed ten mineral campaigns processing a total of 9,199 metric tonnes (mt). This year’s production exceeded production levels of 8,157 mt in 2023 by 13%. The Company is extremely pleased with this year’s production at a time when the rainy season in Peru usually affects mining operations. Jeffrey Reeder, CEO of Peruvian Metals, comments: “We are extremely pleased with our production at

Peruvian Metals Closes Initial Tranche of Private Placement

Edmonton, Alberta–(Newsfile Corp. – April 23, 2024) – Peruvian Metals Corp. (TSXV: PER) (OTCQB: DUVNF) (“Peruvian Metals” or the “Company”) is pleased to announce that it has, subject to regulatory approvals, closed a first tranche of its non-brokered private placement (the “Offering“) of up to 8,000,000 units (the “Units“) at $0.07 per Unit to raise up to $560,000 in gross proceeds. In this close, the Company has raised $225,000 through the issuance of 3,214,286 Units. Each Unit consists of one (1) common share of the Company, and one-half (1/2) non-transferable share purchase warrant (the “Warrants“) of the Company. Each Warrant will be exercisable to acquire one (1) additional common share for two years from the closing date

Peruvian Metals closes Acquisition of San Maurizo

(Edmonton, Alberta – April 11 th , 2024) Peruvian Metals Corp. (TSXV: PER / US: DUVNF) (“Peruvian Metals”), further to its press release of February 28, 2024 (the “Prior Press Release”), is pleased to announce the closing of its acquisition of a 50% interest in San Maurizo Mines Inc. (“San Maurizo”), a private Manitoba-based company (the “Transaction”). Pursuant to the Transaction, Peruvian Metals has issued 2,500,000 common shares to the vendor in order to acquire the interest in San Maurizo following receipt of TSX Venture Exchange approval. This strategic collaboration paves the way for both entities to collectively develop the promising Mercedes gold-silver-lead-zinccopper mineral property, situated in central Peru. Please see the Prior Press Release

Peruvian Metals Acquires 50% interest in San Maurizo Mine

Peruvian Metals Corp. (TSXV: PER) (OTCQB: DUVNF) (“Peruvian Metals” or the “Company”) is pleased to announce the signing of a definitive agreement to acquire a 50% interest in San Maurizo Mines Inc. (“San Maurizo”), a private Manitoba-based company (the “Transaction”). This strategic collaboration paves the way for both entities to collectively develop the promising Mercedes gold-silverlead-zinc-copper property (“Mercedes” or the “Property”), situated in central Peru. Upon completion of the Transaction, San Maurizo will hold an exclusive 100% direct interest in the Property via its wholly owned Peruvian subsidiary, Basic Minerals SAC (“Basic Minerals”). Peruvian Metals is set to acquire a 50% stake in San Maurizo by purchasing half of the outstanding shares currently owned by

Peruvian Metals Acquires 100% Interest in the Au-Ag-Cu Palta Dorada Project in Northern Peru

Edmonton, AB (January 15, 2024) – Peruvian Metals Corporation – (TSXV: PER/OTCQB: DUVNF) (“Peruvian Metals” or the “Company”) is pleased to announce the purchase of Rio Silver’s 50% interest in the Palta Dorada Gold-Silver-Copper property (“Palta Dorada” or the “Property”) located in Northern Peru, resulting in 100% ownership. The Company previously earned 50% ownership in the Property in 2020 by investing USD $250,000 and continued to fund project costs into 2021 and after. The acquisition of the remaining interest in Palta Dorada provides the Company with a strategic advantage due to the unique high-grade gold-silver mineralization that occurs in both oxides and sulphides. Peruvian Metals’ 80% owned Aquila Norte flotation plant is located 120 km northwest

Peruvian Metals Achieves Record Throughput at Aquila Norte in 2023

Edmonton, AB – Peruvian Metals Corp – (TSX: PER/OTCQB: DUVNF) (“Peruvian Metals” or the “Company”) announces production results for the third quarter ending September 30, 2023, at its 80-percent-owned Aguila Norte processing plant (“Aguila Norte” or the “Plant”) located in Northern Peru. During 2023, the Plant processed a yearly record of 30,199 tonnes of wholly owned mineral and thirdparty mineral. Compared with 29,667 tonnes in 2022 and 28,654 tonnes in 2021, the total represents anincrease of 1.8% compared to 2022. The Company is also pleased to announce that it has closed the sale of the Panteria Cu-Au Porphyry Project to International Metals Mining (formerly Gold State Resources). The Company has received the final payment of