# Peruvian Metals Provides Progress Update on Mercedes Au-Ag Property with Assay Results from the Newly Sampled Kelly Vein Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/peruvian-metals-provides-progress-update-on-mercedes-au-ag-property-with-assay-r--cf868b5e-8ba0-4fa4-b04f-8ee7909e3cac Original source: https://orestocks.com/company/PER.V/press-releases/8407276827955100 Publisher: orestocks Original announcement: 2026-08-24T13:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Peruvian Metals Corp. - Ticker: PER.V - Exchange: Unavailable - Region: Junin Department, Peru - Primary commodity: Silver - Secondary commodities: Gold, Lead, Zinc - Document categories: Drill results, Metallurgy, Permitting - Extracted: 2026-08-24 13:18:39 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Peruvian Metals has reported high silver \(97.85%\) and gold \(92.19%\) recoveries at the Mercedes property in Peru. The company also provided assay results from a new sample on the Kelly Vein and noted that underground extraction has commenced on the Victor II Vein. Reasoning: The announcement reports high metallurgical recoveries and new assay results from a newly exposed vein, alongside progress in underground extraction. - Positive factor: high silver and gold recoveries - Positive factor: newly sampled Kelly Vein - Positive factor: underground extraction commenced - Positive factor: QP sign-off - Negative factor: grab sample results may not represent final grade - Negative factor: permits still pending for some development Facts used in scoring: 10 ## Classification and evidence **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: Release mentions assaying by Procesmin Ingenieros SRL using fire assay for Au-Ag. Evidence · text > Assaying of the material was performed by Procesmin Ingenieros SRL... by fire assay for Au-Ag. **QP/CP Signed** Polarity: positive Story-specific tag Definition: 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 identified as a qualified person who prepared/approved the disclosure. Evidence · text > Jeffrey Reeder, P.Geo, a qualified person as defined in National Instrument 43-101, has prepared, supervised the preparation or approved of the scientific and technical disclosure **High Recovery** Polarity: positive Definition: Recovery at or above the exceptional band for the commodity and processing route. Why it applies: Silver recovery of 97.85% and gold recovery of 92.19% are exceptional. Evidence · text > recoveries of 97.85% for Ag and 92.19% Au ## Extracted facts Stored fact records: 10. Some facts used in scoring do not have a stored record. ## Drill Results (10) ### Fact 1 [Link to this fact](https://atlas-staging.minestarters.com/news/peruvian-metals-provides-progress-update-on-mercedes-au-ag-property-with-assay-r--cf868b5e-8ba0-4fa4-b04f-8ee7909e3cac#fact-drill-facts-0) gold #### Identity - Commodity: gold - Ticker: PER.V #### Geometry - Grade: 5.88 - Grade Unit: g/t #### Classification - Sample Type: surface - Group ID: stockpile:random\_grab #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-24T00:00:00.000Z Reasoning: High grade gold from a grab sample of stockpiled material. - Negative factor: grab sample may not represent final grade ### Fact 2 [Link to this fact](https://atlas-staging.minestarters.com/news/peruvian-metals-provides-progress-update-on-mercedes-au-ag-property-with-assay-r--cf868b5e-8ba0-4fa4-b04f-8ee7909e3cac#fact-drill-facts-1) silver #### Identity - Commodity: silver - Ticker: PER.V #### Geometry - Grade: 5.55 - Grade Unit: oz/t #### Classification - Sample Type: surface - Group ID: stockpile:random\_grab #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-24T00:00:00.000Z Reasoning: High grade silver from a grab sample of stockpiled material. - Negative factor: grab sample may not represent final grade ### Fact 3 [Link to this fact](https://atlas-staging.minestarters.com/news/peruvian-metals-provides-progress-update-on-mercedes-au-ag-property-with-assay-r--cf868b5e-8ba0-4fa4-b04f-8ee7909e3cac#fact-drill-facts-2) lead #### Identity - Commodity: lead - Ticker: PER.V #### Geometry - Grade: 4.95 - Grade Unit: % #### Classification - Sample Type: surface - Group ID: stockpile:random\_grab #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-24T00:00:00.000Z Reasoning: Lead content in grab sample. ### Fact 4 [Link to this fact](https://atlas-staging.minestarters.com/news/peruvian-metals-provides-progress-update-on-mercedes-au-ag-property-with-assay-r--cf868b5e-8ba0-4fa4-b04f-8ee7909e3cac#fact-drill-facts-3) zinc #### Identity - Commodity: zinc - Ticker: PER.V #### Geometry - Grade: 7.07 - Grade Unit: % #### Classification - Sample Type: surface - Group ID: stockpile:random\_grab #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-24T00:00:00.000Z Reasoning: Zinc content in grab sample. ### Fact 5 [Link to this fact](https://atlas-staging.minestarters.com/news/peruvian-metals-provides-progress-update-on-mercedes-au-ag-property-with-assay-r--cf868b5e-8ba0-4fa4-b04f-8ee7909e3cac#fact-drill-facts-4) gold Needs review: drill\_no\_hole\_id #### Identity - Commodity: gold - Ticker: PER.V #### Geometry - Grade: 3.16 - Grade Unit: g/t - Intercept: 0.6 m #### Classification - Sample Type: drill - Group ID: Kelly:0.60-0.60 #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-24T00:00:00.000Z Reasoning: New assay from the newly sampled Kelly Vein. ### Fact 6 [Link to this fact](https://atlas-staging.minestarters.com/news/peruvian-metals-provides-progress-update-on-mercedes-au-ag-property-with-assay-r--cf868b5e-8ba0-4fa4-b04f-8ee7909e3cac#fact-drill-facts-5) silver Needs review: drill\_no\_hole\_id #### Identity - Commodity: silver - Ticker: PER.V #### Geometry - Grade: 8.42 - Grade Unit: oz/t - Intercept: 0.6 m #### Classification - Sample Type: drill - Group ID: Kelly:0.60-0.60 #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-24T00:00:00.000Z Reasoning: New assay from the newly sampled Kelly Vein. ### Fact 7 [Link to this fact](https://atlas-staging.minestarters.com/news/peruvian-metals-provides-progress-update-on-mercedes-au-ag-property-with-assay-r--cf868b5e-8ba0-4fa4-b04f-8ee7909e3cac#fact-drill-facts-6) lead Needs review: drill\_no\_hole\_id #### Identity - Commodity: lead - Ticker: PER.V #### Geometry - Grade: 0.58 - Grade Unit: % - Intercept: 0.6 m #### Classification - Sample Type: drill - Group ID: Kelly:0.60-0.60 #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-24T00:00:00.000Z Reasoning: Lead content in Kelly Vein sample. ### Fact 8 [Link to this fact](https://atlas-staging.minestarters.com/news/peruvian-metals-provides-progress-update-on-mercedes-au-ag-property-with-assay-r--cf868b5e-8ba0-4fa4-b04f-8ee7909e3cac#fact-drill-facts-7) zinc Needs review: drill\_no\_hole\_id #### Identity - Commodity: zinc - Ticker: PER.V #### Geometry - Grade: 4.88 - Grade Unit: % - Intercept: 0.6 m #### Classification - Sample Type: drill - Group ID: Kelly:0.60-0.60 #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-24T00:00:00.000Z Reasoning: Zinc content in Kelly Vein sample. ### Fact 9 [Link to this fact](https://atlas-staging.minestarters.com/news/peruvian-metals-provides-progress-update-on-mercedes-au-ag-property-with-assay-r--cf868b5e-8ba0-4fa4-b04f-8ee7909e3cac#fact-drill-facts-8) silver #### Identity - Commodity: silver - Ticker: PER.V #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-24T00:00:00.000Z Reasoning: High silver recovery reported, though noted as previously disclosed in Jan 2026. - Positive factor: High silver recovery ### Fact 10 [Link to this fact](https://atlas-staging.minestarters.com/news/peruvian-metals-provides-progress-update-on-mercedes-au-ag-property-with-assay-r--cf868b5e-8ba0-4fa4-b04f-8ee7909e3cac#fact-drill-facts-9) gold #### Identity - Commodity: gold - Ticker: PER.V #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-24T00:00:00.000Z Reasoning: High gold recovery reported, though noted as previously disclosed in Jan 2026. - Positive factor: High gold recovery ## 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.