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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 Betteryear2on Mar 07, 2024 3:56pm
118 Views
Post# 35921304

PPX Continues to Deliver Outstanding Drilling Results

PPX Continues to Deliver Outstanding Drilling ResultsTORONTO, ON / ACCESSWIRE / March 7, 2024 / PPX Mining Corp. (the "Company" or "PPX") (TSX.V:PPX)(BVL:PPX) is pleased to announce that in February 2024, the two diamond drill holes focused on Callanquitas East and its branches were completed, with a total of 376.4 meters drilled from an underground level chamber (2970 masl). The results from the first hole, CA-24-07, intercepted an oxidized breccia with grades of 12.05 g/t Au and 300.9 g/t Ag over 5.25 meters (drilling length at 116.05 meters to 121.30 meters). This included a 3.15 meters intersection grading 19.70 g/t Au and 415.3 g/t Ag in oxides at 116.65 meters. The hole was continued and intercepted a vein of sulfide mineralization over 9.2 meters of drill length grading 10.34 g/t Au, 1670.8 g/t Ag, and 4% Cu at 141.8 meters which includes 1.70 meters grading 33.08 g/t Au, 8174.2 g/t Ag and 13.1% Cu at 142.8 meters. The CA-24-08 drill hole sample results are still pending, but visually the oxidized breccia was intercepted with a width of 1.95 meters. The two drill holes started at the same underground drill chamber near at the 2970 meters level. Table N°01 below, demonstrates the mineralized intersections of the drill hole CA-24-07 and the grades obtained with the details of the orientation and dip of the structure.

PPX Continues to Deliver Outstanding Drilling Results with up to 33.08 g/t Au, 8174.2 g/t Ag and 13.1% Cu (accesswire.com)
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