PPX Mining is pleased to announce that it has entered into a debt settlement agreement with an arm's length party of the Company to settle outstanding debt owed by the Company to the Creditor in the amount of US$1,005,538 with respect to a commission for the Creditor locating a mining operator for the Company's mineral projects, by the Company issuing 12,500,000 common shares of the Company to Creditor at a deemed price [...]
PPX Mining is pleased to announce that it is continuing its 4,300 meters diamond drilling program in coordination with the Proyectos la Patagonia, company partner. This drill program is carried out from inside the mine and the intercept at Callanquitas West breccia of three drillholes are as follows. The drillhole CA-25-16, in Callanquitas oxide breccias, grades 41.70 g/t Au and 179.2 g/t Ag over 3.20 meters, includes [...]
PPX Mining is pleased to announce that it has entered into a debt settlement agreement with a former employee of the Company to fully settle outstanding debt owed by the Company to the Creditor in the amount of US$123,000 for outstanding fees and expenses, by the Company issuing 1,850,000 common shares of the Company to Creditor at a deemed price of C$0.091 per common share. The Debt Settlement is subject to the approval [...]
PPX Mining Corp. through one of its Peruvian subsidiaries and in partnership with its local ally, Proyectos La Patagonia , is pleased to announce the commencement of construction of peripheral infrastructure at the Callanquitas School. This initiative follows the signing of an Interinstitutional Cooperation Agreement between the Company and the Regional Education Office of the Regional Government of La Libertad . The [...]
PPX Mining Corp. announces the granting of stock options to certain key management members of the Company's Peruvian subsidiaries to purchase an aggregate of 1,750,000 common shares of the Company at an exercise price of C$0.10 per Optioned Share, expiring on the date that is 7 years from the date of grant. The Options were issued pursuant to the terms of the Company's stock option plan and vest immediately upon the date [...]
PPX Mining Corp. is pleased to announce the successful completion of a comprehensive testing program focused on dewatering efficiency, effluent quality, and solids retention. The objective of the program was to evaluate the suitability of various geotextile materials for use in geotextile containers, or "Geotubes," which are intended to store tailings generated from the processing of both oxidized and sulfide ores at the [...]
PPX Mining Corp. is pleased to announce that RIVI Opportunity Fund LP has opted to convert additional US$250,000 principal amount of its current 5.00% secured convertible debenture of the Company, issued in connection with a restructuring of the Company's gold and silver purchase agreement with RIVI, as described below. The partial conversion will result in the issuance of 6.25 million common shares of the Company being [...]
PPX Mining Corp. is pleased to announce that yesterday it closed the third tranche of the construction facility provided by its major shareholder, receiving US$1,800,000. The creditor of the Loan is a control person of the Company. Accordingly, the Loan constitutes a related party transaction pursuant to Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions . The Company is [...]
PPX Mining Corp. is pleased to announce a significant expansion of its ongoing diamond drilling campaign. The current program, originally planned for 2,300 meters, has been extended to a total of 4,200 meters. This extension aims to meaningfully increase the Company's mineral resource base at its Callanquitas Mine. Highlights: The decision to extend the drilling program was jointly made by PPX's geological team and their [...]
PPX Mining is pleased to announce that it continues advancing its 2,300 m diamond drilling program in coordination with Proyectos la Patagonia, a partner company. This drill program is carried out from inside the mine and the intercepts at Callanquitas West breccia from the second and third drillholes. Results in CA-25-13 show grades of 2.00 g/t Au over 32.35 m, including 12.98 g/t Au over 0.6 m, 11.48 g/t Au over 1.4 m [...]
PPX Mining is pleased to announce that it has commenced its 2,300 meters diamond drilling program in coordination with Proyectos la Patagonia. This drill program is carried out from inside the mine and the intercepts at Callanquitas West breccia from the first 2 drillholes are 2.00 m grading 3.83 g/t Au and included is 6.86 g/t Au over 0.8 meters in the drill hole CA-25-11, and in CA-25-12 grading 5.87 g/t Au over 1.9 [...]
PPX Mining Corp. is pleased to announce that it has closed its non-brokered private placement previously announced on March 20, 2025 on an oversubscribed basis for aggregate gross proceeds of $802,303 . The Offering involved the issue of 17,828,945 units at a price of $0.045 per Unit for gross proceeds to the Company of $802,303. Each Unit consisted of one common share of the Company and one common share purchase warrant [...]