PPX Mining Corp. is pleased to announce additional metallurgical results of test work carried out by BaseMet Laboratories from Kamloops, British Columbia, Canada; confirming that significant increase in recovery of gold can be obtained by using a particular treatment process. Past test work, as well as historic results from toll treatment plants [...]
PPX Mining Corp. PPX is pleased to announce excellent results of a first metallurgical test of sulfide ore. The samples used come from 3 diamond drill holes carried out between 2010-2012 in the southern section of the Callanquitas East mineralized breccia below the 3200 elevation. Current oxide mining activities are to the north. Historically, the [...]
PPX Mining Corp. is pleased to announce the closing of a key block of surface rights totalizing approximately 399 hectares that covers the principal area of its Igor Project, including the Callanquitas Mine and its south extension, as well as the area in which the Company plans to build a gold and silver processing plant to feed the high grade ore [...]
PPX Mining Corp. is pleased to provide the following update on its technical and operational plan: The operating results of the Callanquitas Mine for last year shows that consistent production can be achieved with high ore grades, but high processing and transportation costs impacted negatively the mine's performance. These high costs, not only [...]
PPX Mining Corp. is pleased to announce that it has received regulatory approval and has completed several settlements that involves shares for debt transactions. Completion of Debt Settlement Announced on November 8, 2022 The Company has completed the debt settlement with four creditors previously announced on November 8, 2022. The Company has [...]
PPX Mining Corp. announces the granting of stock options to certain directors and officers of the Company to purchase an aggregate of 15,000,000 common shares of the Company at an exercise price of C$0.04 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 announces the 2022 production results of its Callanquitas Unit, currently operated by Proyectos La Patagonia S.A.C. , as follows: Calendar Quarter Tons Production Gold Ounces Produced Silver Ounces Produced *Gold Eq. Ounces Produced Q1-22 11,160.59 3,293.60 38,676.20 3,788.93 Q2-22 10,445.04 3,023.15 33,927.81 [...]
PPX Mining Corp. is pleased to announce that it has entered into an amended and restated gold and silver purchase agreement with RIVI Opportunity Fund LP , whereby the Company and RIVI have agreed, subject to receipt of TSX Venture Exchange approval, to restructure the Company's streaming and payment obligations under the original gold and silver [...]
PPX Mining Corp. is pleased to announce that further to its press release dated January 18, 2023, the Company has issued 7,306,425 common shares of the Company , at a deemed issue price of US$0.02 per Debt Share, as settlement of outstanding debt in the amount of US$146,128.50 that was owed by the Company to an arm's length creditor . The Company [...]
PPX Mining Corp. announces that it has engaged Asesores y Consultores Mineros S.A., to prepare the application to modify the existing Semi-detail Environmental Impact Study for a processing plant to treat ore from the Callanquitas mine, located in the Company's Igor 4 concession. A Peruvian subsidiary of the Company is currently permitted to build [...]
PPX Mining Corp. announces that it has entered into an agreement with an arm's length creditor, as a former employee of the Company to restructure a US$621,128.51 promissory note due on March 31, 2023, that accrues interest at an annual rate of 10%, according to the following terms: the Company will pay to the Creditor US$125,000 in cash and issue [...]
PPX Mining Corp. is pleased to announce the voting results from the Company's Annual General and Special Meeting of Shareholders held on December 16, 2022 at 82 Richmond Street East, Toronto Ontario, Canada. Shareholders voted in favour of all agenda items, being the following: Re-appointment of Brian Imrie, John Menzies, Florian Siegfried, John [...]