PPX Mining completing civil works at processing plant

Executive Summary

• PPX Mining reports substantial advancement on its gold‑and‑silver processing plant since the November 2025 update, with civil works largely finished and equipment installation now underway.
• Major process circuits—including crushing, grinding, leaching, flotation, laboratory, and tailings management—are either installed, near completion, or have critical components on site ready for rapid deployment.
• The plant is positioned to become a fully integrated producer of gold‑silver dore bullion and concentrate, supporting both oxide and sulphide ores, and is expected to accelerate construction activity after the holiday period.

Key Details

• Civil Works: Approximately 80 % of the plant security perimeter completed; full enclosure anticipated by month‑end.
• Crushing Circuit: Cone crusher, vibrating screen, fine ore bin, and several conveyors installed; primary crusher installation in progress; run‑of‑mine ore bin on site undergoing pre‑assembly.
• Grinding Area: Fine ore bin, ball mills, and cyclone tower fully installed; concrete pad for three diesel generators completed – generators purchased and will operate in an automated synchronized system.
• Leaching & Gold Recovery: All eight leach tanks assembled, awaiting painting and installation of agitators, baffles, and auxiliary equipment; carbon‑in‑leach plant components procured and ready for shipment/installation.
• Flotation: Flotation cells on site with installation scheduled in coming days; concentrate thickener ~50 % complete; filter press and access platforms fully installed.
• Laboratory & Process Control: Laboratory building near completion; all analytical equipment purchased and stored in Lima, pending interior finish.
• Tailings & Water Management: Tailings storage area prepared; impermeable membrane on site for upcoming installation; geotubes sufficient for ~4 months of operation already on site.
• Commissioning Outlook: Construction activities expected to accelerate post‑holiday period as specialized personnel are mobilized.

Notable Quotes

“Construction progress continues steadily and is expected to accelerate meaningfully following the holiday period, as additional specialized personnel are mobilized and site activities ramp up. This processing plant represents a transformational milestone for PPX, positioning the company as a fully integrated gold and silver producer.” – John Thomas, Chief Operating Officer, PPX Mining Corp.