PPX Mining Engages Dr. Warren Pratt to Further Advance Structural Interpretation at Igor Project
NEWS RELEASE
PPX MINING ENGAGES DR. WARREN PRATT TO FURTHER ADVANCE
STRUCTURAL INTERPRETATION AT IGOR PROJECT
Toronto – November 3, 2025 – PPX Mining Corp. (TSX. V: PPX; BVL: PPX) (“PPX” or the
“Company”, including its Peruvian subsidiaries) is pleased to announce that it has engaged
Specialized Geological Mapping Ltd. , led by Dr. Warren Pratt , to assist with the interpretation
of the structural geology of the Company’s Igor Pro ject and to review drilling results from both
earlier and recent exploration campaigns.
A comprehensive understanding of the geological str uctures controlling mineralization at Igor is
essential for the continued expansion of high-grade zones identified in past drilling. Notably, drill
hole CA-24-07 returned grades of 33.08 g/t gold, 8,174.2 g/t silver, and 13.1% copper (see press
release from March 7, 2024), while hole CA-25-24 intersected 49.5 g/t gold, 11,597.1 g/t silver,
and 11.1% copper (see press release from October 21, 2025). These results suggest the presence
of a robust mineralized system, highlighting the po tential for significant expansion through
continued exploration and refined structural targeting.
Dr. Pratt has a longstanding connection with the Ig or Project, having contributed to its initial
exploration and being instrumental in identifying t he Callanquitas breccia zones as priority
targets, currently under exploitation. His extensiv e experience includes the discovery of the
Canicáoa Project in Ecuador under a World Bank initiative, as well as work on the Navidad and
Ventana gold projects in Argentina and Colombia, respectively.
John Thomas, Chief Executive Officer of PPX Mining Corp., commented: “We are very pleased
to welcome Dr. Pratt back to the Igor Project. His expertise and deep understanding of complex
geological systems will be invaluable as we refine our structural model and plan the next phases
of exploration. The insights from his team will sig nificantly enhance our ability to target and
expand the zones of high-grade mineralization at Igor.”
All scientific and technical information contained in this press release has been reviewed and
approved by Eddy Canova, PGeo., External Consulting Geologist of PPX Mining Corp., who is a
qualified person as defined within the National Instrument NI-43-101.
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 “suggest”, “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-loo king 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 statemen ts due to many various factors. Such
uncertainties and risks include, among others, delays in obtaining or inability to obtain required
regulatory approvals in connection with this transaction. Although the Company believes that the
expectations reflected in the forward-looking state ments are reasonable, the Company cannot
guarantee that the events and circumstances reflect ed 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-look ing 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.