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PPX Mining Corp V.PPX

Alternate Symbol(s):  SNNGF

PPX Mining Corp. is a Canada-based mining company. The Company is an exploration and development company with assets in northern Peru. The Company’s flagship 100% owned property, Igor Project, comprises four concessions of about 1,300 hectares and is located in the prolific Northern Peru gold belt in the eastern La Libertad Department. The Igor Project includes the Callanquitas structure (the Igor 4 concession), where the Company is conducting underground mining. It has three exploration targets: Portachuelos, Tesoros, and Domo. The Company's subsidiary includes Sienna Minerals S.A.C.


TSXV:PPX - Post by User

Post by Betteryear2on Jan 10, 2024 4:14pm
73 Views
Post# 35820211

PPX Initiated Underground Drilling

PPX Initiated Underground DrillingTORONTO, ON / ACCESSWIRE / January 10, 2024 / PPX Mining Corp. (the " Company " or " PPX ")(TSX.V:PPX.V)(BVL:PPX) is pleased to announce that it has commenced its 2,500m diamond drilling program in coordination with Proyectos la Patagonia S.A.C. (" PLP "), a partner company. This drill program is carried out from inside the mine and the intercepts at Callanquitas West from the first 2 drillholes are 2.55 meters grading 8.14 grams per ton (" gpt ") Au in the drill hole CA-23-01 and 1.15 meters grading 8.74 gpt Au in the drill hole CA-23-04. The drill hole A-23-01 was oriented at N280° and Dip -50°; and drill hole CA-23-04 was oriented N305° dipping -25° (See First Figure and Level Plan). The first two drill holes intersected four mineralized zones, as shown below in the Table 1:

PPX Initiated Underground Drilling In New Areas Of Callanquitas West Obtaining Up to 17.66 g/t Au Over 0.9m In CA-23-01 (accesswire.com)
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