Vancouver, British Columbia - PPX Mining Corp. is pleased to announce that over 2,008 tonnes of bulk sample grading 8.19 gpt gold were mined and processed during the month of January 2018. Together with stockpiled “low-grade” material, the Company mined a total of 3,008 tonnes of bulk sample during the month, a rate of approximately 100 tonnes/day. A bulk sampling rate of 150 tonnes/day was achieved over the majority of [...]
Vancouver, British Columbia - PPX Mining Corp. is pleased to announce that the Company has signed a ten year agreement with the community of Callanquitas that provides the Company with the Social Licence to conduct mining and exploration activities at its flagship Igor Project in northern Peru. The agreement includes the ongoing test mining and bulk-sampling program at Mina Callanquitas, the Phase One exploration [...]
Vancouver, British Columbia - PPX Mining Corp. is pleased to announce that over 1,572 tonnes of bulk sample grading 10.23 gpt gold were mined and processed during the month of December 2017. Together with stockpiled “low-grade” material, the Company mined a total of 3,147 tonnes of bulk sample during the month, a rate of approximately 102 tonnes/day. Heavy rainfall partially impacted operations, however a bulk sampling [...]
Vancouver, British Columbia - PPX Mining Corp. is pleased to announce that the Company has received results from four additional infill and resource confirmation/expansion diamond drill holes on the Callanquitas structure at its Igor Project in northern Peru. This drilling is part of a comprehensive underground test mining and bulk sampling program designed to expand and upgrade the existing Inferred resource leading to a [...]
Vancouver, British Columbia - PPX Mining Corp. is pleased to announce that over 2,239 tonnes of bulk sample grading 9.38 gpt gold were mined and processed during the month of November 2017. Together with stockpiled “low-grade” material, the Company mined a total of 3,360 tonnes of bulk sample during the month, a rate of approximately 112 tonnes/day. In addition, over 353 metres of lateral development were completed [...]
Vancouver, British Columbia - PPX Mining Corp. is pleased announce that the Company has received results from three additional infill and resource confirmation/expansion diamond drill holes on the Callanquitas structure at its Igor Project in northern Peru. Drill hole CA-17-82 cut 3.0m grading 9.71 gpt Au and 45.1 gpt Ag within a thick interval of lower grade mineralization: 40.8m grading 1.72 gpt Au and 38.7 gpt Ag on a [...]
Vancouver, British Columbia - PPX Mining Corp. is pleased to announce that RIVI Capital LLC has delivered the second tranche of their planned funding to PPX in the amount of US$2,500,000. After a detailed review of the rapid progress with underground mine development and the positive results of the bulk sampling program at Mina Callanquitas, RIVI has concluded that the project is sufficiently derisked for them to waive [...]
Vancouver, British Columbia - PPX Mining Corp. is pleased to announce that over 1,418 tonnes of bulk sample grading 9.20 gpt gold were mined and processed during the month of October 2017. Together with stockpiled “low-grade” material, the Company mined a total of 1,843 tonnes of bulk sample during the month, a rate of approximately 70 tonnes/day. In addition, over 300 metres of lateral development were completed during [...]
Vancouver, British Columbia - PPX Mining Corp. is pleased to announce that the Company has discovered a new, thick, gold and silver mineralized breccia zone over 800 metres south of the known Callanquitas Inferred Resource at the Igor Project. Diamond drill hole CA-17-76 cut 41.6 metres grading 0.53 gpt Au and 13.6 gpt Ag including 20.6 metres grading 0.77 gpt Au and 8.0 gpt Ag at a vertical depth of approximately 130 [...]
Vancouver, British Columbia (FSCwire) - PPX Mining Corp. (the "Company" or “PPX”) is pleased to announce that the Company has received the results of the first three infill and resource confirmation/expansion diamond drill holes on the Callanquitas structure at its Igor Project in northern Peru. Two of the drill holes, CA-17-77 and -79, are located on drill section 4780N, a section along the Callanquitas [...]
Vancouver, British Columbia (FSCwire) - PPX Mining Corp. (the "Company" or “PPX”) is pleased to announce that the Company has commenced the permitting process for a gold and silver heap leach processing plant at the Company’s Igor Project in northern Peru. Given the time line of the permitting process and the planned completion of a Pre Feasibility Study (“PFS”) in Q1 2018, the Company has opted to start permitting now [...]
Vancouver, British Columbia (FSCwire) - PPX Mining Corp. (the "Company" or “PPX”) is pleased to announce that the Company has appointed Meri Verli of Toronto, Canada Chief Financial Officer (“CFO”) of PPX effective as of October 1, 2017. Meri brings over twenty years of experience in all aspects of finance, cost control, accounting and financial reporting. Prior to joining PPX, Meri was Senior Vice President – Finance [...]