PPX Mining Update ON Equipment Installation at Site
PRESS RELEASE
PPX MINING UPDATE ON EQUIPMENT INSTALLATION AT SITE
Toronto – August 27, 2025 – PPX Mining Corp. (TSX.V PPX; BVL PPX the “Company” or “PPX”)
is pleased to provide an update on the progress of its plant construction activities at its Igor Proje ct in
northern Peru.
On August 25, PPX commenced the installation of the metal-mechanical equipment purchased from Xinhai.
This first stage of assembly is expected to take ap proximately two months. Work has begun on the
installation of equipment in the crushing and milling areas, as well as the preparation of the first conveyor
belts.
Current activities include:
- Installation of the jaw crusher
- Installation of gear motors and bases for the ball mill
-Installation and alignment of the sole plates for the ball mill trunnions
- Installation of feed boxes and spout feeders for the 7'x12' mills
- Placement of impact idlers and guides in conveyor belt structures
The following images illustrate the on-site progres s of equipment installation at the Igor Project. Th ese
photographs highlight the assembly of critical plant components in the construction phase.”
Photo 1: Placement of impact idlers on Conveyors
Photo 1 underscores the early but vital stages of a ssembly. The installation of impact idlers ensures the
durability and reliability of conveyor systems, which are the backbone of ore handling efficiency. It visually
demonstrates the project’s movement from civil work s into mechanical integration. The drive roller and
head pulley will be rubber lined in Peru prior to final adjustment.
Photo 2: Installation of Jaw Crusher
The jaw crusher is a central piece of the crushing circuit. Its installation signals a major step forw ard in
plant construction, as it represents the core capacity to process ore.
Photo 3: Gear Motors and Bases for the Ball Mill
Photo 3 highlights the precision installation of th e drive systems for the ball mill, a key processing
component. All larger motors are supplied by WEG, rated for operation at 3,500 meters. Variable frequency
drives will be used with the mills, providing good control on start up and adjustment of mill speed as
required. A Siemens belt scale will be used to regulate feed rate to the mills, and an automatic sampler will
be used to provide a reliable mill feed grade. The presence of a very experienced Peruvian engineering and
the plant manger at site is designed to ensure a modern, well-built plant, reinforcing PPX’s commitment to
moving into production.
John Thomas, CEO, commented “The successful installation of critical components such as the jaw crusher
and ball mill systems underscores the tangible prog ress we are making toward building a low-cost, high -
efficiency processing facility. These milestones re flect the dedication of our team and contractors, a nd
position us to significantly enhance production capacity and shareholder value in the months ahead.”
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.