PPX Announces AGM Results
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NEWS RELEASE TSX.V PPX; BVL PPX
PPX Announces AGM Results
Vancouver, British Columbia – July 17, 2017 – PPX Mining Corp. (the "Company" or “PPX”) is
pleased to announce all of management’s recommendations proposed to our shareholders at the
Company’s Annual General Meeting (“AGM”) on July 14, 2017 were overwhelmingly approved. The
shareholders also elected Brian J. Maher, John Menzies, Felix Navarro-Grau Hurtado, Brian Imrie, John
Thomas, and Florian Siegfried to serve as directors of the Company. Following the AGM, the Board of
Directors selected Brian Imrie to serve as Chairman of the Board of Directors and Florian Siegfried to
serve as Chairman of the Audit Committee.
Brian J. Maher, President and CEO of PPX Mining commented: “With the completion of the AGM, PPX
is continuing the process of evolving from a pure exploration company to an integrated mine development
company building its resource base through exploration. The Company expects to receive permits to
resume exploration drilling shortly at the Igor Project while simultaneously advancing our test mining and
bulk sampling program at Mina Callanquitas. PPX is now positioned to execute its business plan and
continue its growth through the balance of 2017 ”
About PPX Mining Corp.: PPX Mining Corp. (PPX: TSX.V; BVL) is currently exploring and evaluating
mine development opportunities at its Igor Mine Project in Northern Peru. The Igor proje ct explores
several high grade, gold and silver mineralized high-angle structures that host significant gold and silver
resources. The Callanquitas Structure at the Igor Mine Project contains Inferred gold and silver resources
of 7,189,000 tonnes grading 1.94 gpt gold and 71.8 gpt silver containing 448,500 ounces of gold and
16,600,000 ounces of silver at a cutoff grade of 1.5 gpt gold equivalent. Included within this resource
estimate is a higher grade zone consisting of 2,730,000 tonnes grading 2.73 gpt gold and 119.1 gpt silver
containing 239,400 ounces of gold and 10,500,000 ounces of silver using a 3.0 gpt gold equivalent cutoff
grade (Please see Technical Report as amended on September 27, 2013 entitled “Technical Report on the
Callanquitas Structure, Igor Mine Project, Northern Peru, South America”, available on the Company’s
web site or SEDAR). Mineral resources are not mineral reserves and do not have demonstrated economic
viability. There is no certainty that all or any part of the mineral resource will be converted into mineral
reserves. The Company has begun work on its underground test mining and bulk sampling program
which is designed to validate and upgrade the resource estimate, and generate data to evaluate the
possibility of future mine development at Igor. The Company is accelerating its exploration program at
the Igor Mine Project in order to fully evaluate the resource potential of the entire Igor project area.
All scientific and technical information in this press release has been reviewed and approved by Quentin
J. Browne, P.Geo., Independent Consulting Geologist to PPX Mining Corp., who is a qualified person
under the definitions established by National Instrument 43-101.
On behalf of the Board of Directors
Brian J. Maher
President and Chief Executive Officer
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FOR FURTHER INFORMATION, PLEASE CONTACT:
PPX Mining Corp.
Brian J. Maher, President and Chief Executive Officer
Phone: 1-530-913-4728
Email: [email protected]
Website: www.ppxmining.com
Cautionary Statement:
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Certain disc losure in this release, may
constitute "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995
and Canadian securities legislation. In making the forward-looking statements in this release, the Company has applied certain
factors and assumptions that the Company believes are reasonable. However, the forward-looking statements in this release are
subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed
or implied in such forward-looking statements. Such uncertainties and risks are detailed from time to time in the Company's
filings with the appropriate securities commissions, and may include, among others, market conditions, and delays in obtaining or
failure to obtain required regulatory approvals or financing. There can be no assurance that such statements will prove to be
accurate, and actual results and future events could differ materially from those anticipated in such s tatements. Readers are
cautioned not to place undue reliance on forward-looking statements. The Company does not intend, and expressly disclaims any
intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events
or otherwise, except as required by law.