Independent Lab Confirms Gold and Silver Recoveries of 89% and 75% Respectively in Sulphides at Palta Dorada

Original announcement by tmx on

Company
Peruvian Metals Corp
Ticker
PER
Exchange
TSX
Region
Northern Peru
Primary commodity
Gold
Secondary commodities
Silver
Document categories
Metallurgy
Extracted
2026-08-21 00:07:48 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Peruvian Metals Corp has announced updated metallurgical results for the Palta Dorada property in Peru, confirming 89% gold and 75% silver recoveries from sulphide material via flotation. The results show a significant improvement in silver recovery compared to previous testing and were conducted by an accredited laboratory.

Reasoning: The release confirms improved silver recoveries (75% vs 61% previously) and stable gold recoveries (89%) using flotation on sulphide material, validated by an accredited lab.

Positive factors

  • Improved silver recovery
  • Accredited laboratory confirmation
  • High head grades

Negative factors

  • Historical data comparison required

Facts used in scoring: 4

Atlas analysis — Peruvian Metals Corp: Independent Lab Confirms Gold and Silver Recoveries of 89% and 75% Respectively in Sulphides at Palta Dorada. 89% recovery; 75% recovery

Classification and evidence

QA/QC Disclosedpositive · Story-specific tag

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: The release mentions work performed by Certmin S.A., an accredited testing laboratory for 43-101 purposes.

Evidence · text

“performed by Certmin S.A., an accredited testing laboratory for 43-101 purposes”

QP/CP Signedpositive · Story-specific tag

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: Jeffrey Reeder, P. Geo., is named as the Qualified Person who reviewed and approved the technical contents.

Evidence · text

“Qualified Person Jeffrey Reeder, P. Geo., is the Qualified Person... who has reviewed and approved the technical contents”

Extracted facts

Stored fact records: 4. Some facts used in scoring do not have a stored record.

Metallurgical Results (4)

flotationgoldRecovery: 89 %Head Grade: 11.1Head Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
gold
Ticker
PER

Test Work

Test Type
flotation
Processing Route
flotation
Sample
sulphide material composite over one metre

Recovery

Recovery
89 %
Recovery Basis
actual_test
Head Grade
11.1
Head Grade Unit
g/t

Lab

Laboratory
Certmin S.A.

Review

Needs Review
No
Historical
No

Dates

Event date
2026-04-14T00:00:00.000Z

Reasoning: 89% gold recovery in sulphides is strong and confirmed by an accredited lab.

Positive factors

  • Stable high recovery

Evidence · text

“confirms gold recoveries of 89% and improved silver recoveries to 75%... sulphide material using flotation methods confirmed the 89% level for gold”
flotationsilverRecovery: 75 %Head Grade: 4.67Head Grade Unit: oz/mtView all details
Link to this fact

Identity

Commodity
silver
Ticker
PER

Test Work

Test Type
flotation
Processing Route
flotation
Sample
sulphide material composite over one metre

Recovery

Recovery
75 %
Recovery Basis
actual_test
Head Grade
4.67
Head Grade Unit
oz/mt

Lab

Laboratory
Certmin S.A.

Review

Needs Review
No
Historical
No

Dates

Event date
2026-04-14T00:00:00.000Z

Reasoning: Silver recovery improved from 61% in previous work to 75% in current work.

Positive factors

  • Significant improvement in recovery

Evidence · text

“improved silver recoveries to 75%”
agitated cyanide leachinggoldRecovery: 82 %Head Grade: 35.1Head Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Commodity
gold
Ticker
PER

Test Work

Test Type
agitated cyanide leaching
Processing Route
agitated cyanide leaching
Sample
oxide material composite over 1/2 metre
Leach Time
48 hours

Recovery

Recovery
82 %
Recovery Basis
actual_test
Head Grade
35.1
Head Grade Unit
g/t

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-01-21T00:00:00.000Z

Dates

Event date
2026-04-14T00:00:00.000Z

Reasoning: This is a restatement of previous oxide metallurgical results.

Negative factors

  • Historical data

Evidence · text

“The head grade of a previously reported metallurgical test from the oxide material... returned 35.1 grams Au/mt... recoveries of 82% for gold”
agitated cyanide leachingsilverRecovery: 58 %Head Grade: 1.51Head Grade Unit: oz/mtHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Commodity
silver
Ticker
PER

Test Work

Test Type
agitated cyanide leaching
Processing Route
agitated cyanide leaching
Sample
oxide material composite over 1/2 metre
Leach Time
48 hours

Recovery

Recovery
58 %
Recovery Basis
actual_test
Head Grade
1.51
Head Grade Unit
oz/mt

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2026-01-21T00:00:00.000Z

Dates

Event date
2026-04-14T00:00:00.000Z

Reasoning: This is a restatement of previous oxide metallurgical results.

Negative factors

  • Historical data

Evidence · text

“recoveries of 82% for gold and 58% for silver over 48 hours”

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.