PPX Mining Corp. is pleased to announce a non-brokered private placement offering of up to 83,333,334 common shares of the Company at a price of CDN$0.06 per share to raise gross proceeds of up to CDN$500,000 . Under the Private Placement, the Company intends to pay cash finders' fees to eligible finders with a value equivalent to 8% of the aggregate gross proceeds raised from the sale of the shares subscribed for by [...]
PPX Mining Corp. announces today that the Company will not file its annual financial statements for the fiscal year ended September 30, 2019 by the deadline of January 28, 2020 as required by applicable Canadian securities laws. In connection with the Company's inability to file the Annual Financial Statements on time, the Company has applied for a management cease trade order under National Policy 12-203 - Management [...]
PPX Mining Corp. is pleased to announce that it has closed its non-brokered private placement , which was initially announced on September 3, 2019, whereby the Company has completed the issuance of an aggregate of 1,371,999 units at a price of $0.075 per Unit for aggregate gross proceeds of $102,899.93. Each Unit consists of one common share of the Company and one half of a common share purchase warrant . Each whole [...]
PPX Mining Corp. is pleased to announce the appointment of Natasha Tsai, CPA, CA as its Chief Financial Officer and Corporate Secretary effective as of July 2, 2019. Natasha is a Managing Director of Malaspina Consultants Inc., an outsourced CFO, operational accounting and consulting firm based in Vancouver, British Columbia. Natasha is a graduate of the Sauder School of Business at UBC and received her Chartered [...]
PPX Mining Corp. is pleased to announce that over 21,862 tonnes of ore grading 8.79 gpt gold were mined and processed during calendar H1 2019 at Mina Callanquitas, a rate of approximately 130 tonnes/day. In addition, 1,421 metres of lateral mine development and exploration were also completed during the quarter as the Company continues to focus on the development of underground mine infrastructure. Highlights of mining [...]
PPX Mining Corp. is pleased to announce that it has closed the second and final tranche of its non-brokered private placement , which was initially announced on December 6, 2018, whereby the Company has completed the issuance of an aggregate of 22,874,998 units at a price of $0.075 per Unit for aggregate gross proceeds of $1,715,624.85. Pursuant to the closing of the Second Tranche, the Company issued 3,875,000 Units for [...]
PPX Mining Corp. is pleased to announce that the TSX Venture Exchange has consented to an extension of its conditional acceptance of the Company's non-brokered private placement , which was previously announced on December 6, 2018, for up to 53,333,334 units at a price of $0.075 per Unit for gross proceeds of up to $4,000,000. Pursuant to the closing of the first tranche of the Private Placement announced on February 12 [...]
PPX Mining Corp. is pleased to announce that 9,050 tonnes of mineralized material grading 9.33 gpt gold were mined and processed during calendar Q4 2018 at Mina Callanquitas. In addition, 747 metres of lateral mine development and exploration were also completed during the quarter as the Company continues to focus on the development of underground mine infrastructure. Highlights of mining results for calendar Q4 2018 are [...]
PPX Mining Corp. is pleased to announce that it has received the final permit needed to begin construction of its heap-leach gold and silver processing plant at its Igor Project in northern Peru. As outlined in the Igor Pre-Feasibility Study , the plant will process ore mined from the Callanquitas Mine located less than 2km from the plant site. Initial capacity of the plant will be 350 tonnes/day but it has been [...]
PPX Mining Corp. is pleased to announce that it has begun planning its 2019 exploration drilling program at Igor.Based on the results of the Company's Pre-Feasibility Study for the Callanquitas Mine and heap leach facility , PPX has identified multiple drill targets in the Callanquitas area that could add gold and silver resource ounces in the immediate proximity of existing and planned underground mine workings.Discovery [...]
PPX Mining Corp. is pleased to announce that it has received the results of an independent Pre-Feasibility Study for an integrated underground mine and gold-silver recovery plant at the Company's Igor Project in Northern Peru. The PFS was prepared by Mine Development Associates of Reno, Nevada in accordance with the requirements of Canadian National Instrument 43-101 "Standards of Disclosure for Mineral Projects" . Unless [...]
PPX Mining Corp. is pleased to announce that 7,772 tonnes of bulk sample grading 8.86 gpt gold were mined and processed during calendar Q3 2018 at Mina Callanquitas. In addition, 601 metres of lateral mine development and exploration were also completed during the quarter as the Company continues to focus on the development of underground mine infrastructure. Highlights of the bulk sampling results for calendar Q3 2018 [...]
