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PPX.V ·

PPX Successfully Completes First Stage of Permit Application Amendment and Appoints Engineering Firm

Permits & Approvals

NEWS RELEASE; TSX.V PPX; BVL PPX

PPX SUCCESSFULLY COMPLETES FIRST STAGE OF PERMIT

APPLICATION AMENDMENT AND APPOINTS ENGINEERING FIRM

Toronto – September 14, 2023 – PPX Mining Corp. (the “Company” or “PPX”) further to our press

release dated September 11, 2023, PPX, through one of its Peruvian subsidiaries, has successfully completed

the filing of the F1 environmental permit application amendment before the GREMH-LL (Gobierno Regional

de Minería e Hidrocarburos de la Libertad, Peru) to obtain environmental approval and be able to request the

final construction permit (F2 technical file).

In addition, the Company has appointed JPC Estructuras y Concreto S.A.C. (“JPC”), a Peruvian firm with

vast experience in the construction of beneficiation plants in Peru. JPC will complete the detail engineering

of the CIL and flotation plant, which will serve among other things, to complete the F2 technical file portion

of the permit application amendment.

John Thomas, CEO commented “following the completion of the environmental portion of permit amendment

application, we are on track at this time with our permitting objectives. We expect JPC to complete its task

during October, so we can finish the last portion of our per mit amendment application that will allow us to

initiate construction activities”.

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 obta in 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.