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
2026-09-12 18:45:44 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Peruvian Metals Corp has announced updated metallurgical results for its Palta Dorada property in Peru. Independent testing by Certmin S.A. confirmed gold recoveries of 89% and improved silver recoveries of 75% using flotation on sulphide material.

Reasoning: The release confirms improved silver metallurgical recoveries in sulphide material via flotation, supported by an accredited laboratory.

Positive factors

  • Improved silver recovery from 61% to 75%
  • Gold recovery remains strong at 89%
  • Accredited laboratory (Certmin S.A.) confirmation
  • High head grades for sulphide material

Negative factors

  • Testing limited to sulphide and oxide composites

Facts used in scoring: 4

Classification and evidence

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: Sulphide material is intended for processing at the Aguila Norte plant using flotation.

Evidence · text

“sulphide material will be shipped to the Plant for processing ... using flotation methods”

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 names an accredited laboratory (Certmin S.A.) and a Qualified Person (Jeffrey Reeder).

Evidence · text

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

Multi-Domain Testedpositive

Variability across ore domains (oxide, transition, fresh) has been addressed.

Why it applies: 2 distinct composites were tested

Extracted facts

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

Metallurgical Results (4)

flotationPalta Dorada · goldRecovery: 89 %Head Grade: 11.1Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Palta Dorada
Commodity
gold
Region
peru
Reported Region
Northern Peru
Ticker
PER

Test Work

Program Status
detailed
Test Type
flotation
Processing Route
flotation
Sample
sulphide material composite

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: Confirmed high gold recovery on high-grade sulphide material.

Positive factors

  • High head grade
  • Strong recovery

Evidence · text

“gold recoveries of 89% ... head grade of the new metallurgical sample assayed 11.10 grams Au/mt”

Tags used in scoring

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: processing_route matches the flotation signal

flotationPalta Dorada · silverRecovery: 75 %Head Grade: 4.67Head Grade Unit: oz/mtView all details
Link to this fact

Identity

Project
Palta Dorada
Commodity
silver
Region
peru
Reported Region
Northern Peru
Ticker
PER

Test Work

Program Status
detailed
Test Type
flotation
Processing Route
flotation
Sample
sulphide material composite

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: Substantial improvement in silver recovery compared to previous results.

Positive factors

  • Significant improvement in recovery from 61% to 75%

Evidence · text

“improved silver recoveries to 75% ... head grade ... 4.67 ounces Ag/mt”

Tags used in scoring

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: processing_route matches the flotation signal

agitated cyanide leachingPalta Dorada · goldRecovery: 82 %Head Grade: 35.1Head Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Palta Dorada
Commodity
gold
Region
peru
Reported Region
Northern Peru
Ticker
PER

Test Work

Program Status
detailed
Test Type
agitated cyanide leaching
Processing Route
agitated cyanide leaching
Sample
oxide material (previous metallurgical work)

Recovery

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

Lab

Laboratory
Auro Met Labs

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: Historical oxide results restated for context.

Evidence · text

“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 leachingPalta Dorada · silverRecovery: 58 %Head Grade: 1.51Head Grade Unit: oz/mtHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Palta Dorada
Commodity
silver
Region
peru
Reported Region
Northern Peru
Ticker
PER

Test Work

Program Status
detailed
Test Type
agitated cyanide leaching
Processing Route
agitated cyanide leaching
Sample
oxide material (previous metallurgical work)

Recovery

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

Lab

Laboratory
Auro Met Labs

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: Historical oxide results restated for context.

Evidence · text

“returned 35.1 grams Au/mt and 1.51 ounces Ag/mt ... recoveries of 82% for gold and 58% for silver”

Tags used in scoring

Low Recoverynegative

Recovery below the weak band for the commodity and processing route.

Why it applies: 58% is below the weak band (75%)

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.