Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

PPX.V ·

PPX Obtains Environmental Impact Study Amendment Approval FOR Plant Construction

Mine Development & Operations Permits & Approvals Metallurgy & Processing

NEWS RELEASE; TSX.V PPX; BVL PPX

PPX OBTAINS ENVIRONMENTAL IMPACT STUDY AMENDMENT

APPROVAL FOR PLANT CONSTRUCTION

Toronto – February 15, 2024 – PPX Mining Corp. (the “Company” or “PPX”, including its Peruvian

subsidiaries); further to our press release dated November 20, 2023 , the Company on February 14, 2024,

received from the regional authority of the Energy and Mines Ministry of Peru or Gerencia Regional de

Energía, Minas e Hidrocarburos de La Libertad (GREMH – LL), the Regional Management Resolution

number 000082-2024-GRLL-GGR-GREMH approving the amendment of the Environmental Impact Study

(EIAsd) for the IGOR Project beneficiation plant . This approval constitutes the acceptance of the F1

environmental portion of the permitting application that will allow the Company to build its CIL and Flotation

processing plant at site. The Company is in the process of submitting the final detail engineering portion

(F2) to complete its permitting process and start plant construction.

John Thomas, CEO commented “we are very pleased to receive the approval of the modification of our

Environmental Impact Study. This important milestone is within management expectations for obtaining the

final permitting approval to start plant construction”.

About PPX Mining Corp:

PPX Mining Corp. (TSX.V: PPX.V, BVL: PPX) is a Canadian-based mining company with assets in northern

Peru. Igor, the Company’s 100%-owned flagship gold and silver project, is located in the prolific Northern

Peru gold belt in eastern La Libertad Department.

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) accepts responsibility for the adequacy or accuracy of this

release.

Cautionary Statement:

This press release contains forward -looking information 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 plans 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 many various

factors. Such uncertainties and risks include, among others, delays in obtaining or inability to obtain any

required regulatory approvals, if applicable. Although the Company believes that the expectations reflected

in the forward -looking statements 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 circumstances 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.