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    Home»Global Policy»Old mine waste still holds gold and silver, tests show. Peruvian Metals may reprocess it

    Old mine waste still holds gold and silver, tests show. Peruvian Metals may reprocess it

    Global Policy 4 Mins Read
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    Aguila Norte maintains near-continuous full-capacity operations while high-recovery tailings tests suggest potential for future gold-silver reprocessing.

    Peruvian Metals (DUVNF) reports 2026 year-to-date operating performance and tailings sampling results from its 80%-owned Aguila Norte processing plant in Northern Peru.

    During July and August 2026, Aguila Norte processed 6,046 metric tonnes/b), and has now operated at full production capacity for , remaining on track for another full-capacity year. Since 2017, the plant has processed 221,020 mt. A major overhaul and maintenance program on the ball mill and crushing circuit was completed between April and July without affecting production.

    Sampling of the tailings area returned an average of 2.4 g Au/mt and 90 g Ag/mt, which at stated metal prices equates to 0.108 oz Au equivalent/mt. A metallurgical composite sample graded 1.76 g Au/mt and 75 g Ag/mt, with test work indicating recoveries of 93% for gold and 87% for silver. The company plans to seek a permit modification and design an additional process to treat tailings, with a detailed report to be filed in Q4 with the Peruvian Ministry of Mines.

    Peruvian Metals on Track for Full Production for 2026 at the Aguila Norte Processing Plant and Reports Positive Sample Results from the Tailings Area

    Aguila Norte maintains near-continuous full-capacity operations while high-recovery tailings tests suggest potential for future gold-silver reprocessing.

    Peruvian Metals (DUVNF) reports 2026 year-to-date operating performance and tailings sampling results from its 80%-owned Aguila Norte processing plant in Northern Peru.

    During July and August 2026, Aguila Norte processed 6,046 metric tonnes/b), and has now operated at full production capacity for , remaining on track for another full-capacity year. Since 2017, the plant has processed 221,020 mt. A major overhaul and maintenance program on the ball mill and crushing circuit was completed between April and July without affecting production.

    Sampling of the tailings area returned an average of 2.4 g Au/mt and 90 g Ag/mt, which at stated metal prices equates to 0.108 oz Au equivalent/mt. A metallurgical composite sample graded 1.76 g Au/mt and 75 g Ag/mt, with test work indicating recoveries of 93% for gold and 87% for silver. The company plans to seek a permit modification and design an additional process to treat tailings, with a detailed report to be filed in Q4 with the Peruvian Ministry of Mines.

    Edmonton, Alberta–(Newsfile Corp. – September 8, 2026) – Peruvian Metals Corp. (TSXV: PER) (OTC PINK: DUVNF) (“Peruvian Metals” or the “Company”) announces the completion of a major overall and maintenance program and the year-to-date production results for 2026 at its 80-per-cent-owned Aguila Norte processing plant (“Aguila Norte” or the “Plant”) located in Northern Peru.

    During the months of July and August, the Plant processed a total of 6,046 metric tonnes (mt). The Plant has now achieved full production capacity for 28 of the previous 29 months. The Company is also pleased to note that the maintenance work performed on the ball mill and crushing circuit was completed during April through to July. Production was not affected and the Company continues to be on track to achieve another year of full capacity production. Since 2017, the Plant has processed 221,020 mt.

    The Company is also pleased to announce that recent sample results from the tailings area show that there is gold and silver left in the tailings. Twenty samples were taken from a dry area within the tailings area and returned 2.4 grams gold (“Au”)/mt and 90 grams silver (“Ag”) /mt. At the current Au and Ag prices of $4400 US and $65 US per ounces respectively, this equates to 0.108 oz Au equivalent/mt. The gold results range from 1.34 to 3.93 grams Au/mt and silver ranging from 1.24 ounces Ag /mt to 4.37 ounces Ag/mt. Three to four kilograms were taken from several sites within an area of 1500 square metres. Material was taken from 20 to 80-centimetre hand dug pits. The sampling was supervised by Jeffrey Reeder, the CEO of the Company.

    A composite sample was also collected within the sampled area for metallurgical test work. The head grade of the metallurgical sample assayed 1.76 grams Au/mt and 75 grams Ag/mt. Results confirmed the high recoveries of gold and silver at 93% and 87% respectively . The lead and zinc content is determined to be insignificant so that any future processing would only focus on recovering the gold-silver. The Company will need to modify its permit by designing an additional process for treatment of the tailings material. A detailed report will be prepared and submitted to the Peruvian Ministry of Mines during the 4th quarter.

    Jeffrey Reeder, Chief Executive Officer of Peruvian Metals, comments: “We are on track for another year at full capacity production. The Company is currently preparing Palta Dorada and Mercedes for bulk sample extraction from the underground sites. The possibility of reprocessing the tailings at Aguila Norte adds another revenue stream, strengthening the financial position of the Company. ”

    By – https://www.stocktitan.net/news/DUVNF/peruvian-metals-on-track-for-full-production-for-2026-at-the-aguila-sawx95cnbrmu.html

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