PPX's Callanquitas has July gross revenues of $4.53M

Mr. John Thomas reports PPX MINING ACHIEVES NEW 2025 MONTHLY OPERATIONAL RECORD IN JULY July, 2025, marked the strongest monthly operational results for 2025 and for the previous 12 months, exceeding the results reported for June, 2025, disclosed in PPX Mining Corp.'s Aug. 11, 2025, news release at its Callanquitas mine, operated by its mining partner, Proyectos La Patagonia SAC. In July, 2025, the Callanquitas operation generated gross revenues of 11.65 million Peruvian sol or $4.53-million (Canadian) (1), and pretax income of 5.28 million Peruvian sol or $2.05-million (Canadian) (1), representing a sequential increase from the record figures in June. As a result, PPX, through its Peruvian subsidiary, earned an NPI (net profit interest) of 3.96 million Peruvian sol or $1.54-million (Canadian) (1), establishing a new monthly record mark. Cumulative NPI earned for 2025 calendar year through July now totals 9.06 million Peruvian sol or $3.53-million (Canadian) (1), already surpassing the same period of the previous year, underscoring the accelerating cash-generating capacity of the Igor project. Operationally, the company continues to advance construction of its CIL (carbon-in-leach) and flotation plant. Once operational, the plant is expected to materially reduce mining, transportation and processing costs, further enhancing profitability and positioning PPX for expanded production capacity. John Thomas, chief executive officer of PPX Mining, commented: "July marks another milestone for PPX, as we achieved the strongest 2025 monthly operational performance, building on the record set in June. These results highlight the operational momentum we are gaining at Callanquitas and the value the project continues to generate. With the upcoming completion of our CIL and flotation plant, we anticipate further cost reductions and production growth." Foreign exchange: $1 (Canadian) equal to 2.57 Peruvian sol. We seek Safe Harbor.