Original News Release
PPX Mining works to complete plant project by year-end
Mr. John Thomas reports
PPX MINING PROVIDES PLANT CONSTRUCTION UPDATE
The plant equipment imported from China has been delivered to PPX Mining Corp.'s construction site. The transportation process, co-ordinated by Sertecpet, PPX's engineering, procurement and construction contractor, commenced on July 8. Key components include two seven-by-12 mills, a jaw crusher and a flotation line, among other essential equipment.
All equipment is currently being stored on site for approximately four weeks prior to the commencement of assembly. In addition, the leaching tanks, being fabricated in Lima under the supervision of JPC Ingenieros, are 80 per cent complete and will be transported to the project site for final assembly.
Civil works at the plant are progressing at full pace during the dry season. Construction of the crushing pedestals, mill foundations, conveyor belt structures, leaching area containment and related infrastructure has reached approximately 63-per-cent completion.
Preparation of the geotube storage basin for tailings has commenced, with the initial phase scheduled to span approximately 2-1/2 months. The first stage, consisting of the complete removal of the topsoil, has been completed.
John Thomas, chief executive officer of PPX Mining, commented: "The plant construction is progressing well during this dry season. Civil works on key plant components, such as the mill foundation and others, are already complete. The plan to complete the project before the end of the year is becoming a reality."
About PPX Mining Corp.
PPX Mining is a Canadian exploration and development company with assets in northern Peru. The company's 100-per-cent-owned Igor gold and silver project is located in the prolific northern Peruvian gold belt in the department of La Libertad. PPX is pursuing a two-pronged strategy to further develop and explore the Igor project. The Callanquitas structure is open along strike and at depth. Parallel structures have not yet been explored. The new discoveries in Portachuelos in 2018, as well as the exploration targets in Domo and Tesoros, show that the Igor project is becoming a district-scale project with multiple deposits and mineralized zones. Evaluating mineral development alternatives in parallel with exploration drilling will provide dual catalysts for growth and increased shareholder value.
All scientific and technical information in this press release has been reviewed and approved by John Thomas, PEng, who is the chief executive officer of the company and a qualified person under the definitions established by National Instrument 43-101.
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