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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
PPX Mining Corp. announces that it has entered into debt settlement agreement with an arm's length creditor of the Company to settle C$20,000 of outstanding debt through the issuance of 400,000 units of the Company . Each Unit has a deemed issue price of C$0.05 per Unit pursuant to the Debt Settlement. Each Unit will be comprised of one common [...]
PPX Mining Corp. announces the granting of stock options to certain directors and officers of the Company to purchase an aggregate of 15,750,000 common shares of the Company at an exercise price of C$0.07 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 [...]