Peruvian Metals Corp V.PER

Alternate Symbol(s): DUVNF

Metals & Mining Industrial Metals & Minerals

Peruvian Metals Corp. is a Canadian exploration and mineral processing company. The Company is engaged in mineral processing and the exploration and development of mineral properties in Peru. It focuses on acquiring and developing precious and base metal properties in Peru. The Company's projects include Palta Dorada Au-Ag-Cu property, Minas Maria Norte property, Minas Vizca, and Minas Yanayco property. The Palta Dorada Au-Ag-Cu property is located in the Ancash Mining Department in Northern Peru and covers an area of approximately 2250 hectares. The Minas Maria Norte property is located in Southern Peru in the historic Huachocolpa Mining district, which covers an area of approximately 368 hectares and covers numerous previously exploited Au-Ag-Zn-Pb veins. The Minas Vizca covers an area of approximately 100 hectares. It also owns 50% interest in San Maurizo Mines Inc. (San Maurizo), which focuses on developing the Mercedes gold-silver lead-zinc-copper property.

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Peruvian Metals Corp

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Comment by jdc1on Dec 15, 2010 10:38am

205 Views

Post# 17849446

RE: Duran

So I guess this means DRV couldn't do a JV without giving away too much.... hence it's raising cash for drilling another way. The bright side is DRV owns these properties and has the capability of doing this.

Now all we need is some drills turning and good results. Given the potential size of the Aguila property alone, It would not be unreasonable at all to give DRV a $150 million market cap. That's not even considering Ichuna.

jdc

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