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 [...]
PPX Mining Corp. is pleased to announce that during the current month, the Company focused its exploration efforts in three additional diamond drillholes from underground at Callanquitas East and West breccia zones. Holes CA-24-09 and CA-24-10 were drilled horizontally at elevation 3290 m towards the Callanquitas West. CA-24-10 delivered up to [...]
PPX Mining Corp. is pleased to announce that RIVI Opportunity Fund LP has opted to convert US$500,000 principal amount of its current 5.00% secured convertible debenture of the Company, issued in connection with a restructuring of the Company's gold and silver purchase agreement with RIVI, as described below. The partial conversion will result in [...]
PPX Mining Corp. is pleased to announce that it has closed its fully-subscribed non-brokered private placement previously announced on March 20, 2024 for aggregate gross proceeds of $1,350,000 . The Offering involved the issue of 30,000,000 units at a price of $0.045 per Unit for gross proceeds to the Company of $1,350,000. Each Unit consisted of [...]
PPX Mining Corp. is pleased to announce the results of test work carried out by BaseMet Laboratories, Kamloops, BC, Canada; carried out on the drill core obtained from drill hole CA-24-07, previously reported. As indicated on March 07, 2024, two intercepts were reported, one of an oxidized breccia with grades of 12.05 g/t gold and 300.9 g/t silver [...]
PPX Mining Corp. is pleased to announce that it intends to complete a non-brokered private placement for aggregate gross proceeds of up to C$1,350,000 . The Offering involves the sale of up to 30,000,000 units at a price of $0.045 per Unit for gross proceeds of up to C$1,350,000. Each Unit will consist of one common share of the Company and one [...]
PPX Mining Corp. is pleased to announced that, in preparation to the start of construction, the Company is actively working with UHY BSA Group to renew its accounting systems, update its operating platforms, organize budgeting and treasury activities, as well as to setup accounting and payroll outsourcing services. UHY BSA is the member firm in [...]
PPX Mining Corp. is pleased to announce that today, it has subscribed a letter of intent with Silver Crown Royalties Inc. for a silver royalty to complete project financing for the 350 tpd CIL and flotation plant that the Company intends to build. The plant will process oxide and sulfide ore, currently mined from its high-grade Callanquitas Mine [...]
PPX Mining Corp. is pleased to announce that in February 2024, the two diamond drill holes focused on Callanquitas East and its branches were completed, with a total of 376.4 meters drilled from an underground level chamber . The results from the first hole, CA-24-07, intercepted an oxidized breccia with grades of 12.05 g/t Au and 300.9 g/t Ag over [...]
PPX Mining Corp. is pleased to announce that in January 2024, the first six diamond drill holes directed at Callanquitas West were completed, totaling 515.6 meters from an underground drilling chamber. Partial results for the first two holes, CA-23-01 and CA-23- 04, were reported in the press release dated January 10, 2024, which included 2.55 [...]
