Peruvian Precious Metals

peruvian precious metals corp. (ppx: tsx.v; ppx: bvl) is a canadian-based exploration and development company with assets in northern peru. igor, the company’s 100%-owned flagship gold and silver project, is located in the prolific northern peru gold belt in eastern la libertad department. recent exploration on the callanquitas structure has discovered a significant gold and silver resource, open along strike and at depth. parallel structures are unexplored and, coupled with the domo and tesoros targets, highlight the exploration potential at igor. the initial inferred resource for the callanquitas structure is 7.2 million tonnes grading 1.9 grams per tonne (gpt) gold and 71.8 gpt silver; this equates to 3.16 gold equivalent (au eq*) gpt using a cut-off grade of 1.5 au eq* gpt. this is approximately 448,500 ounces of gold and 16,600,000 ounces of silver, or 730,500 au eq* ounces. the relevant ni 43-101 technical report was filed on december 17, 2012 and can be seen on the company’s website (http://www.peruvianpmc.com) or on sedar (http://www.sedar.com). mineral resources are not mineral reserves and do not have demonstrated economic viability. there is no certainty that all or any part of the mineral resource will be converted into mineral reserves.

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