PPX Mining Announces Resumption of Diamond Drilling Program at the Callanquitas MINE
PPX MINING CORP | 82 Richmond Street East, M5C 1P1, Toronto, Ontario, Canada | +1416-361-0737 | www.ppxmining.com
NEWS RELEASE; TSX.V PPX; BVL PPX
PPX MINING ANNOUNCES RESUMPTION OF DIAMOND DRILLING PROGRAM AT THE
CALLANQUITAS MINE
Toronto, Ontario – June 30 th , 2026 – PPX Mining Corp. (TSXV: PPX) (BVL: PPX) (" PPX" or the
"Company") is pleased to announce that its Peruvian mining pa rtner, Proyectos La Patagonia S.A.C.
("PLP"), has signed a drilling services contract wi th RAMPERU S.A.C. Servicios Generales
("RAMPERU") to resume diamond drilling exploration activities at the Company's flagship Callanquitas
Mine in northern Peru.
The drilling campaign marks the continuation of PPX's systematic exploration strategy aimed at expanding
the known mineralization surrounding the Callanquit as deposit and advancing the Company's
understanding of the broader Igor Project.
The drilling campaign will focus on testing extensi ons of known mineralized structures within the
Callanquitas veins through HQ3 diamond drilling. In formation collected during the program, including
geological logging, structural data, core recovery and analytical results, will be used to refine the Company's
geological model and support future resource evaluation and mine planning activities.
The Company expects mobilization activities to begi n following the contractual advance payment and
completion of site preparations, with drilling expected to continue over approximately nine months.
Program Highlights
• Initial diamond drilling program of approximately 4 ,860 metres using a modern Tecdrill
H400E drill rig.
• Option to expand the campaign to approximately 9,810 metres through the addition of a second
drill rig.
• Expected execution period of approximately 265 calendar days following mobilization.
• Comprehensive health, safety, environmental and operational standards.
• Daily technical reporting, borehole documentation and final technical acceptance procedures.
• PLP to provide site infrastructure including access , water, power, fuel, accommodation and
auxiliary equipment.
Ernest Mast, President and CEO commented: "The exec ution of this drilling contract represents another
important milestone as we continue to grow and bett er define the Callanquitas Mine. The exploration
program is designed to further define and expand th e high-grade mineralized system surrounding our
existing resources while supporting our long-term mine development plans."
All scientific and technical information contained in this press release has been reviewed and approved by
Dr. Warren Pratt, PGeo., Technical Advisor of PPX M ining Corp., who is a qualified person as defined
within the National Instrument NI-43-101.
On behalf of the Board Members
Ernest Mast
President and CEO
PPX Mining Corp.
PPX MINING CORP | 82 Richmond Street East, M5C 1P1, Toronto, Ontario, Canada | +1416-361-0737 | www.ppxmining.com
82 Richmond Street East Toronto, Ontario M5C 1P1, Canada
Telephone: 416-361-0737
Website: www.ppxmining.com
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policies of the TSX Venture Exchange) accepts respo nsibility for the adequacy or accuracy of this
release.
Warning 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 disclosures in this release may constitute “forward-looking statements” within the meaning of the
United States Securities Litigation Reform Act of 1995 and the Canadian securities legislation. In making
the forward-looking statements in this release, the Company has applied certain factors and assumption s
that it believes are reasonable. However, 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 by such forward-looking statements. Such risks and uncertainties are detailed from time to time
in the Company's filings with relevant securities c ommissions, and may include, but are not limited to ,
market conditions, and delays in obtaining or failing to obtain regulatory approvals or financing. There can
be no assurance that such statements will prove to be accurate and actual results and future events co uld
differ materially from those anticipated in such st atements. Readers should not place undue reliance o n
forward-looking statements. The Company has no inte ntion, 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.