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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

Post by InkaGoldon Feb 14, 2022 5:11pm
278 Views
Post# 34427924

PPX: Finally a bit of good news

PPX: Finally a bit of good news

PPX Produces 13,888 Ounces Gold, 43,176 Ounces Silver, Generating Cdn$2.64M in Revenue During the Twelve Months of Fiscal 2021 Vancouver, British Columbia – February 15, 2022 – PPX Mining Corp. (the "Company" or “PPX”) is pleased to announce that during the twelve months of Fiscal 2021 (October 1 2020 – September 30 2021) 13,888 ounces of gold and 43,176 ounces of silver were produced from ore mined at Mina Callanquitas generating Cdn$2,641,326 in Net Profit Interest Income. Ore production sold from Mina Callanquitas totalled 53,824 tonnes grading 9.75 gpt gold during the twelve-month period. During Fiscal Q4 2021 (July – September 2021) mine production totalled 14,060.78 tonnes grading 10.5 gpt gold and 106 gpt silver, the highest production rate (~153 tonnes/day) achieved to date at Mina Callanquitas



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