PPX Mining gives overview of equipment installation

Mr. John Thomas reports PPX MINING UPDATE ON EQUIPMENT INSTALLATION AT SITE PPX Mining Corp. has provided an update on the progress of its plant construction activities at its Igor project in northern Peru. On Aug. 25, PPX commenced the installation of the metal-mechanical equipment purchased from Xinhai. This first stage of assembly is expected to take approximately two months. Work has begun on the installation of equipment in the crushing and milling areas, as well as the preparation of the first conveyor belts. Current activities include: Installation of the jaw crusher; Installation of gear motors and bases for the ball mill; Installation and alignment of the sole plates for the ball mill trunnions; Installation of feed boxes and spout feeders for the seven-foot-by-12-foot mills; Placement of impact idlers and guides in conveyor belt structures. John Thomas, chief executive officer, commented: "The successful installation of critical components such as the jaw crusher and ball mill systems underscores the tangible progress we are making toward building a low-cost, high-efficiency processing facility. These milestones reflect the dedication of our team and contractors, and position us to significantly enhance production capacity and shareholder value in the months ahead." 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 Project Igor. 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. We seek Safe Harbor.