PPX Mining Corp. is pleased to announce that construction of the CIL and Flotation plant at its Igor Project located in La Libertad, Peru, has started. Yesterday, major components for the plant were ordered and are described as follows: Equipment for the crushing circuit, which includes primary jaw crusher, secondary cone crusher, vibrating screen and all conveyors. Equipment for the grinding circuit, which includes two [...]
PPX Mining Corp. announces that on October 19, 2024 it subscribed an Engineering Procurement and Construction agreement with Sertecpet de Peru S.A. to build most of PPX's 350 tpd CIL and Flotation plant for its Igor Project, located in La Libertad, Peru. Sertecpet will carry out the following activities: Additional detailed engineering. Site preparation and all civil works for crushing, grinding, leaching and flotation [...]
PPX Mining Corp. is pleased to announce that it closed the first tranche of the construction facility provided by its major shareholder and received gross proceeds of US$1,800,000. On September 19, 2024, PPX received its final construction permit to start building a 350 tpd CIL and Flotation plant at the Igor Project, La Libertad, Peru. The plant will process the oxide and sulphide materials mined from the Callanquitas [...]
PPX Mining Corp. is pleased to announce that yesterday it received its final construction permit for the CIL and Flotation plant that the Company is planning to build in its Igor Project, located in La Libertad, Peru . The permit was issued by the Gerencia Regional de Energia Minas e Hidrocarburos , the competent Peruvian permitting authority, under resolution number 000620-2024 issued on September 19, 2024. This final [...]
PPX Mining Corp. is pleased to announced that yesterday it filed its response to the findings provided by the Peruvian permitting authority from its detail engineering permitting application to build a CIL and Flotation plant in the Callanquitas Mine, IGOR Project. This filing constitutes the final step in the GREHM to receive its construction permit. On February 14, 2024, the Company received the initial approval from [...]
PPX Mining Corp. announces that it is extending its non-brokered private placement of up to 62,500,000 units of the Company at a price of Cdn$0.062 per Unit for gross proceeds of up to Cdn$3,875,000 , as previously announced in the Company's press release on June 17, 2024, until September 16, 2024. The Company anticipates that the Offering will consist of multiple investors, instead of a single investor as previously [...]
PPX Mining Corp. is pleased to announce that leach and flotation tests were carried out by BaseMet Labs, Kamloops, British Columbia, Canada on oxide and sulfide material obtained from Hole number CA 24-07 to determine expected recoveries and deleterious elements in the concentrate to be produced by PPX. As mentioned in previous releases, Hole number CA 24-07 from our latest exploration campaign intersected significant [...]
PPX Mining Corp. is pleased to announce that it has arranged a non-brokered private placement with a single investor of up to 62,500,000 units at a price of Cdn$0.062 per Unit for aggregate gross proceeds of up to Cdn$3,875,000 . Each Unit consists of one common share and one non-transferable common share purchase warrant . Each Warrant shall entitle the holder thereof to purchase, for a period of 24 months from the date [...]
PPX Mining Corp. is pleased to announce that on June 11, 2024, the Company received its Water Availability Accreditation for Water Use Rights, according to the Resolution No. 0613-2024-ANA-AAA.HCH issued by the Administrative Water Authority and the National Water Authority of Peru. This accreditation is the confirmation by the competent Peruvian authority that there are sufficient water resources in the area to operate [...]
PPX Mining Corp. is pleased to announce that further to its press release dated May 3, 2024, the Company completed its debt settlement with an arm's length creditor of the Company by issuing 400,000 units of the Company at a deemed issue price of Cdn$0.05 per Unit to the Creditor as settlement of legal fees in the amount of $20,000 . Each Unit is comprised of one common share of the Company and one common share purchase [...]
PPX Mining Corp. is pleased to announce that on May 29, 2024 it filed at SEDAR+ its interim fiscal Q2 2024 Financial Statements and MDA. This information is available at www.sedarplus.ca. About PPX Mining Corp: PPX Mining Corp. is a Canadian-based mining 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 [...]
PPX Mining Corp. is pleased to announce that in May 2024 the underground sampling of level 2970 was carried out with 16 channels cut on the sulfide vein . The mineralization in these channels is closely associated with the assays obtained with the drillhole CA-24-07 . These channels intercepted the same tensional veins at a higher elevation. The last two channels, to the North, obtained spectacular results in Au and Ag [...]