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PPX.V ·

PPX Mining Appoints Veteran Mining Executive Andres Osorio Anaya as Operations Manager

Management Changes

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 APPOINTS VETERAN MINING EXECUTIVE ANDRES OSORIO

ANAYA AS OPERATIONS MANAGER

TORONTO, ONTARIO – July 13, 2026 – PPX Mining Corp. (TSXV: PPX) (BVL: PPX)

("PPX" or the "Company") is pleased to announce the appointment of Andrés O sorio Anaya,

MBA, Mining Engineer, MAusIMM, as Operations Manager, effective July 13, 2026.

Mr. Osorio will have executive responsibility for t he Company's operations in Peru, with his

mandate being the completion, commissioning, ramp-u p and operation of the Company's new

processing plant at the Igor Project and transition to commercial production. While underground

mining operations at Igor are currently managed by the Company's mining partner, Mr. Osorio will

oversee PPX's technical management of the operation and work closely with the mining partner's

management team to ensure mine development, product ion planning and ore delivery are fully

integrated with the processing plant's operational requirements. He will also participate in the

evaluation and implementation of future growth opportunities for PPX.

Mr. Osorio brings more than 34 years of internation al mining experience across Peru, Colombia,

Mexico, Bolivia, Ecuador, Argentina and Nicaragua. He has held senior executive positions such

as general manager and vice president of technical services and has overseen project execution,

mine and mill operations, engineering, permitting, operational excellence and the commissioning

of mining operations producing gold, silver, copper, zinc, lead and tin.

Most recently, Mr. Osorio served as Senior Project Consultant with BISA, advising major mining

companies throughout Latin America on underground m ining projects, reserve evaluations, due

diligence and mine expansions. Mr. Osorio has held senior executive positions with Compañía de

Minas Buenaventura, Aris Mining, Cormitoma S.A., Continental Gold Limited, Endeavour Silver

Corp., Glencore's Sinchi Wayra operations, Volcan Compañía Minera and Centromin Perú.

Mr. Osorio holds a Bachelor of Science in Mining En gineering from the National University of

Engineering (UNI) in Peru, a Master of Business Adm inistration from ESAN Graduate School of

Business, and a Diploma in Project Management. He is a Member of The Australasian Institute of

Mining and Metallurgy, a registered member of the P eruvian Institute of Engineers (CIP), and is

fluent in English and Spanish.

Ernest Mast, President and Chief Executive Officer of PPX Mining, commented: “I would like to

welcome Andrés Osorio to PPX. As we prepare to commission our processing plant and transition

to commercial production, strengthening our operational leadership is a key priority. Andrés brings

extensive experience in developing, commissioning and optimizing mining operations across Latin

America. His deep technical expertise, disciplined operational approach and proven leadership

PPX MINING CORP | 82 Richmond Street East, M5C 1P1, Toronto, Ontario, Canada | +1416-361-0737 | www.ppxmining.com

make him exceptionally well qualified to lead our operations in Peru as we focus on safe, efficient

and profitable production."

About PPX Mining

PPX Mining Corp. is a Canadian mineral exploration and development company focused on

advancing its Igor Project in northern Peru. The Company is developing a high-grade underground

gold and silver mining operation while continuing t o explore the significant resource potential of

its extensive mineral concessions.

For further information, please contact:

PPX Mining Corp.

Ernest Mast

President and Chief Executive Officer

Tel: +1 (416) 361-0737

Email: [email protected]

www.ppxmining.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined

in the policies of the TSX Venture Exchange) accept s responsibility for the adequacy or

accuracy of this release.

Cautionary Statement Regarding Forward-Looking Information

This news release contains forward-looking statements and forward-looking information within the

meaning of applicable Canadian securities legislati on, including statements regarding the

Company's management plans, the anticipated contrib utions of Mr. Osorio, the completion,

commissioning and commercial production of the Igor Project processing plant, future operational

performance, project development plans, production objectives and the Company's growth strategy.

Forward-looking statements are based on assumptions considered reasonable by management as of

the date of this news release but are subject to kn own and unknown risks and uncertainties that

could cause actual results to differ materially fro m those expressed or implied. Readers are

cautioned not to place undue reliance on these forw ard-looking statements. Except as required by

applicable securities laws, PPX undertakes no oblig ation to update or revise any forward-looking

statements.