PPX Mining Announces Regulatory Filing of Ni 43-101 Technical Report

NEWS RELEASE; TSX.V PPX; BVL PPX

PPX MINING ANNOUNCES REGULATORY FILING OF NI 43-101

TECHNICAL REPORT

Toronto – February 20, 2024 – PPX Mining Corp. (the “ Company ” or “ PPX ”) further to the press release

dated January 8, 2024, PPX is pleased to announce that on February 17, 2024 it filed at SEDAR+ the NI 43-

101 technical report denominated “Updated Mineral Resource Estimate of Callanquitas Gold-Silver Deposit

and Potential of Igor Project”. The technical study is available at www.sedarplus.ca .

About PPX Mining Corp:

PPX Mining Corp. (TSX.V: PPX.V, BVL: PPX) is a Canadian-based mining company with assets in northern

Peru. Igor, the Company’s 100%-owned flagship gold and silver project, is located in the prolific Nort hern

Peru gold belt in eastern La Libertad Department.

John Thomas

Chief Executive Officer

82 Richmond Street East

Toronto, Ontario M5C 1P1

Canada

416-361-0737

Neither TSX Venture Exchange nor its Regulation Ser vices Provider (as that term is defined in the

policies of the TSX Venture Exchange) accepts respo nsibility for the adequacy or accuracy of this

release.

Cautionary Statement:

This press release contains forward-looking informa tion 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, futur e plans or management estimates. Forward-looking

statements are statements that relate to future eve nts. In this context, forward-looking statements of ten

address expected future business and financial perf ormance and often contain words such as “anticipate ,”

“believe,” “plan,” “estimate,” “expect,” and “inten d,”, statements that an action or event “may,” “mig ht,”

“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. Suc h

uncertainties and risks include, among others, delays in obtaining or inability to obtain required regulatory

approvals in connection with this transaction. Alth ough the Company believes that the expectations

reflected in the forward-looking statements are rea sonable, the Company cannot guarantee that the even ts

and circumstances reflected in the forward-looking statements will be achieved or occur. The timing of

events and circumstances and actual results could d iffer materially from those projected in the forwar d-

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 Compan y

undertakes no obligation to update or publicly revi se any forward-looking statements, whether as a res ult

of new information, future events or otherwise, unless required by law.