TORONTO, ON / ACCESS Newswire / November 3, 2025 / PPX Mining Corp. (TSXV:PPX)(BVL:PPX) ("PPX" or the "Company", including its Peruvian subsidiaries) is pleased to announce that it has engaged Specialized Geological Mapping Ltd., led by Dr. Warren Pratt, to assist with the interpretation of the structural geology of the Company's Igor Project and to review drilling results from both earlier and recent exploration campaigns.
A comprehensive understanding of the geological structures controlling mineralization at Igor is essential for the continued expansion of high-grade zones identified in past drilling. Notably, drill hole CA-24-07 returned grades of 33.08 g/t gold, 8,174.2 g/t silver, and 13.1% copper (see press release from March 7, 2024), while hole CA-25-24 intersected 49.5 g/t gold, 11,597.1 g/t silver, and 11.1% copper (see press release from October 21, 2025). These results suggest the presence of a robust mineralized system, highlighting the potential for significant expansion through continued exploration and refined structural targeting.
Dr. Pratt has a longstanding connection with the Igor Project, having contributed to its initial exploration and being instrumental in identifying the Callanquitas breccia zones as priority targets, currently under exploitation. His extensive experience includes the discovery of the Canicáoa Project in Ecuador under a World Bank initiative, as well as work on the Navidad and Ventana gold projects in Argentina and Colombia, respectively.
John Thomas, Chief Executive Officer of PPX Mining Corp., commented: "We are very pleased to welcome Dr. Pratt back to the Igor Project. His expertise and deep understanding of complex geological systems will be invaluable as we refine our structural model and plan the next phases of exploration. The insights from his team will significantly enhance our ability to target and expand the zones of high-grade mineralization at Igor."
All scientific and technical information contained in this press release has been reviewed and approved by Eddy Canova, PGeo., External Consulting Geologist of PPX Mining Corp., who is a qualified person as defined within the National Instrument NI-43-101.
On behalf of the Board of Directors
John Thomas
Chief Executive Officer
82 Richmond Street East
Toronto, Ontario M5C 1P1
Canada
416-361-0737
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Cautionary Statement:
This press release contains forward-looking information and forward-looking statements (collectively, "forward-looking statements") as such terms are defined by applicable securities laws, including, but not limited to statements regarding test results, future plans or management estimates. Forward-looking statements are statements that relate to future events. In this context, forward-looking statements often address expected future business and financial performance and often contain words such as "suggest", "anticipate," "believe," "plan," "estimate," "expect," and "intend,", statements that an action or event "may," "might," "could," "should," or "will" be taken or occur, or other similar expressions. Forward-looking statements are subject to a number of known and unknown risks and uncertainties, many of which involve factors or circumstances that are beyond the Company's control, and the Company's actual results could differ materially from those stated or implied in forward-looking statements due to many various factors. Such uncertainties and risks include, among others, delays in obtaining or inability to obtain required regulatory approvals in connection with this transaction. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee that the events and circumstances reflected in the forward-looking statements will be achieved or occur. The timing of events and circumstances and actual results could differ materially from those projected in the forward-looking statements. Accordingly, one should not place undue reliance on forward- looking statements. All forward-looking statements contained in this press release are made as of today's date, and the Company undertakes no obligation to update or publicly revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless required by law.
SOURCE: PPX Mining Corp.
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