PPX Mining Corp.

PPX Mining is pleased to announce that yesterday the Company closed the second tranche of its construction facility, receiving US$1,200,000. Previously, on Sept 25, 2024 the Company announced the closing of the first tranche of the loan for US$1,800,000, from a total of US$6,000,000 structured in four tranches, subscribed with its major shareholder. Terms and conditions were disclosed in that press release. Further to [...]

PPX Mining is pleased to announce the signing of a definitive silver royalty agreement with Silver Crown Royalties Inc. last Friday Dec 13, 2024. The Agreement contemplates the sale of a royalty for up to 15% of the cash equivalent of silver produced from PPX's Mina Callanquitas at its Igor 4 mining concession, located in La Libertad, less customary deductions, for aggregate proceeds of US$ 2,470,000. The first tranche of [...]

PPX Mining is pleased to announce that on Dec 10, 2024 it signed a new assignment agreement with Proyectos La Patagonia until 2034 to operate the Callanquitas Mine in La Libertad, Peru. In addition, the Company settled all past legal claims with PLP, resetting completely its long-term working relationship. New Mining Assignment Agreement: Structured through two contracts, one that regulates the business relationship among [...]

PPX Mining is pleased to announce that a 2,222 DMT lot of sulfide ore from the Callanquitas Mine was sent to a local plant for processing by froth flotation. The lot also contained some oxidized mineral with an estimated grade of 3.38 gr/tn of gold and 243.85 gr/tn of silver. Laboratory test was carried out to establish the amount of collector and frother required for processing. The first batch of concentrate, amounting [...]

PPX Mining is pleased to announce the subscription of a contract with JPC EC for the construction of leaching tanks for the 350 tn. per day beneficiation plant that the Company started to build at the Igor Project. The agreement specifies the construction and assembly of seven 23'x 20' agitation tanks, one 23'x 20' oxidation tank, and two detoxification tanks. JPC EC completed the plant's engineering in 2023-2024 to [...]

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 [...]