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PPX.V ·

PPX Mining Provides Plant Construction Update

Mine Development & Operations Metallurgy & Processing

PRESS RELEASE TSX.V PPX; BVL PPX

PPX MINING PROVIDES PLANT CONSTRUCTION UPDATE

Toronto – August 14, 2025 – PPX Mining Corp. (the “ Company” or “PPX”) is pleased to announce

the successful delivery of plant equipment imported from China to the construction site. The transportation

process, coordinated by Sertecpet, PPX´s EPC contractor, commenced on July 8. Key components include

two 7x12 mills, a jaw crusher, and a flotation line, among other essential equipment.

All equipment is currently being stored on-site for approximately four weeks prior to the commencement

of assembly. In addition, the leaching tanks, being fabricated in Lima under the supervision of JPC

Ingenieros, are now 80% complete and will be transported to the project site for final assembly.

Photographs of the delivered equipment are provided below.

Picture 1: On-site Equipment Storage

Picture 2: Transport of Mills to Site

Picture 3: Transport of Large Equipment

Civil works at the plant are progressing at full pa ce during the dry season. Construction of the

crushing pedestals, mill foundations, conveyor belt structures, leaching area containment, and

related infrastructure has now reached approximately 63% completion.

Photographs of the ongoing works are provided below.

Picture 4: Civil Works (a)

Picture 5: Civil Works (b)

Preparation of the geotube storage basin for tailin gs has commenced, with the initial phase

scheduled to span approximately two and a half months. The first stage, consisting of the complete

removal of the topsoil, has been successfully completed. Please refer to the following photographs:

Picture 6: Geotube Storage Preparation (a)

Picture 7: Geotube Storage Preparation (b)

John Thomas, CEO of PPX Mining Corp., commented: “T he plant construction is progressing well during

this dry season. Civil works on key plant component s, such as the mill foundation and others, are alre ady

complete. The plan to complete the project before the end of the year is becoming a reality.”

About PPX Mining Corp:

PPX Mining Corp. (TSX.V: PPX.V, SSE: PPX, BVL: PPX) is a Canadian exploration and development

company with assets in northern Peru. The Company's 100% owned Igor gold and silver project is located

in the prolific northern Peruvian gold belt in the department of La Libertad. PPX is pursuing a two-pronged

strategy to further develop and explore Project Igor. The Callanquitas structure is open along strike and at

depth. Parallel structures have not yet been explored. The new discoveries in Portachuelos in 2018, as well

as the exploration targets in Domo and Tesoros, sho w that the Igor Project is becoming a district-scal e

project with multiple deposits and mineralized zone s. Evaluating mineral development alternatives in

parallel with exploration drilling will provide dual catalysts for growth and increased shareholder value.

All scientific and technical information in this pr ess release has been reviewed and approved by John

Thomas, P. Eng., who is the CEO of the Company and a qualified person under the definitions established

by National Instrument 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 “anticipate,” “believe,” “plan,” “e stimate,”

“expect,” and “intend,”, statements that an action or event “may,” “might,” “could,” “should,” or “wil l” be taken

or occur, or other similar expressions. Forward-loo king statements are subject to a number of known an d

unknown risks and uncertainties, many of which invo lve factors or circumstances that are beyond the

Company’s control, and the Company’s actual results could differ materially from those stated or impli ed in

forward-looking statements due to many various fact ors. Such uncertainties and risks include, among ot hers,

delays in obtaining or inability to obtain required regulatory approvals in connection with this trans action.

Although the Company believes that the expectations reflected in the forward-looking statements are reasonable,

the Company cannot guarantee that the events and ci rcumstances reflected in the forward-looking statem ents

will be achieved or occur. The timing of events and circumstances and actual results could differ mate rially

from those projected in the forward-looking stateme nts. Accordingly, one should not place undue relian ce on

forward- looking statements. All forward-looking st atements contained in this press release are made a s of

today’s date, and the Company undertakes no obligat ion to update or publicly revise any forward-lookin g

statements, whether as a result of new information, future events or otherwise, unless required by law.