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PPX Mining Corp V.PPX

Alternate Symbol(s):  SNNGF

PPX Mining Corp. is a Canadian exploration and development company with assets in northern Peru. The Igor Project, the Company's 100% owned property, comprises four of concessions of about 1,300 hectares and is located in the prolific Northern Peru gold belt in eastern La Libertad Department. The project is part of the Oligocene - Pliocene Gold-Silver Epithermal Belt. The Company is engaged in concentrating on the expansion and development of the Callanquitas structurally controlled high-grade gold and silver mineralization while simultaneously evaluating the potential for bulk-mineable, low-grade gold and silver mineralization at Tesoros and Portachuelos, targets that can expand the precious metal resource base at Igor. The Igor Project is a district scale project with the potential for multiple gold and silver deposits. Its subsidiaries consist of Sienna Minerals S.A.C. and Agraria Huaranchal S.A.C.


TSXV:PPX - Post by User

Bullboard Posts
Post by paulw2on Jan 29, 2007 9:56am
114 Views
Post# 12112809

ON KITCO P.M. SITE

ON KITCO P.M. SITE Platinum Group Metals and Other Precious Metals Discovered On Sierra Gold Corporation's Property Distribution Source : Prime Newswire Date : Monday, January 29, 2007 TORONTO, Jan. 29, 2007 (PRIME NEWSWIRE) -- U.S. Mining Engineer, Mike Manke, reported the presence of platinum group metals as well as other precious and rare earth metals from bulk samples tested as a result of geological work done on the Pampana North property. Sierra Gold (Pink Sheets:SGCP) has validated some of the findings of Mr. Manke from bulk samples tested at SGS Laboratories (Toronto,Canada) in 2005, which show the presence of platinum group metals. More samples collected in December, 2006 are presently being tested for a full spectrum analysis of precious metals by SGS Laboratories with results soon to be available. Sierra Gold's geological team will return to the Pampana North property this week to investigate and further explore the presence of precious metals. The team will plan a program to more clearly define and develop the property, which will include a drill program in conjunction with trenching.
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