PPX Mining Becomes the Best-Performing Mining Stock IN Bvl During the First Semester of 2025

NEWS RELEASE

PPX MINING BECOMES THE BEST-PERFORMING MINING STOCK IN

BVL DURING THE FIRST SEMESTER OF 2025

Toronto – July 31, 2025 – PPX Mining Corp. (TSX.V P PX; BVL PPX) (the “Company” or

“PPX”) is pleased to announce that it was the best-performing mining stock on the Bolsa de Valores

de Lima ("BVL") during the first half of 2025. Based on market data compiled from Bloomberg,

PPX’s share price increased by more than 133% (from US$0.03 to US$0.07) between January and

June 2025, outperforming all other mining issuers listed on the exchange. During the same period,

the mining index of BVL (SPBLMPT) increased by 11.9%.

This outstanding performance reflects investor reco gnition of the Company’s continued

operational and strategic progress, including the on-schedule construction of its processing plant,

consistently high-grade exploration results at the Callanquitas deposit, and the successful

execution of key financing initiatives. These developments position PPX as a leader among Peru’s

mining companies.

John Thomas, CEO commented - “being the top-perform ing mining stock on the BVL so far in

2025 is a clear validation of our long-term strateg y and the confidence investors have in PPX’s

future. We are proud of what our team has achieved and remain committed to driving disciplined

growth, responsible mining, and value creation for all stakeholders.”

On behalf of the Board of Directors

John Thomas

Chief Executive Officer

82 Richmond Street East

Toronto, Ontario M5C 1P1

Canada

416-361-0737

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:

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, 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 “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 man y various factors. Such 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 state ments 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 circums tances 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.