PPX Subscribes Equipment Construction Agreement

NEWS RELEASE

PPX SUBSCRIBES EQUIPMENT CONSTRUCTION AGREEMENT

Toronto – November 18, 2024 – PPX Mining Corp. (TSXV:PPX | BVL: PPX) (the “ Company ” or “ PPX ”,

including its Peruvian subsidiaries) is pleased to announce the subscription of a contract with JPC EC for the

construction of leaching tanks for the 350 tn. per day beneficiation plant that the Company started t o build

at the Igor Project in La Libertad, Peru.

The agreement specifies the construction and assemb ly of seven 23’x 20’ agitation tanks, one 23’x 20’

oxidation tank, and two detoxification tanks. JPC E C completed the plant’s engineering in 2023–2024 to

secure environmental and construction permits. With extensive experience in assembling these tanks, JP C

EC has been developing industrial projects focused on mining in Peru since 1993.

The construction of the leaching tanks is a critica l component of the beneficiation plant for processi ng

oxidized gold ore. The Company is confident that the contracted firms, SERTECPET (previously announced)

and JPC EC, will work collaboratively to ensure the rapid construction of PPX’s beneficiation plant.

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 Nort hern

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 Ser vices Provider (as that term is defined in the

policies of the TSX Venture Exchange) accepts respo nsibility 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, futur e plans or management estimates. Forward-looking

statements are statements that relate to future eve nts. In this context, forward-looking statements of ten

address expected future business plans and financia l performance and often contain words such as

“anticipate,” “believe,” “plan,” “estimate,” “expec t,” and “intend,”, statements that an action or eve nt

“may,” “might,” “could,” “should,” “would” 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 o r 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. A lthough the Company believes that the expectations

reflected in the forward-looking statements are rea sonable, the Company cannot guarantee that the even ts

and circumstances reflected in the forward-looking statements will be achieved or occur. The timing of

events and circumstances and actual results could d iffer materially from those projected in the forwar d-

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 Compan y

undertakes no obligation to update or publicly revi se any forward-looking statements, whether as a res ult

of new information, future events or otherwise, unless required by law.