PPX Mining Initiated Underground Drilling In New Areas Of Callanquitas West Obtaining Up to 17.66 g/t Au Over 0.9m In CA-23-01

Date:

TORONTO, ON / ACCESSWIRE / January 10, 2024 / PPX Mining Corp. (the “ Company ” or “ PPX “) (TSX.V:PPX.V) (BVL:PPX) is pleased to announce that it has commenced its 2,500m diamond drilling program in coordination with Proyectos la Patagonia S.A.C. (“ PLP “), a partner company. This drill program is carried out from inside the mine and the intercepts at Callanquitas West from the first 2 drillholes are 2.55 meters grading 8.14 grams per ton (“ gpt “) Au in the drill hole CA-23-01 and 1.15 meters grading 8.74 gpt Au in the drill hole CA-23-04. The drill hole A-23-01 was oriented at N280° and Dip -50°; and drill hole CA-23-04 was oriented N305° dipping -25° (See First Figure and Level Plan). The first two drill holes intersected four mineralized zones, as shown below in the Table 1:

Table 1

Drill Hole

From (m)

To (m)

Length (m)

Average Grades

Breccia

total depth (m)

Orientation & Dip

Au (g/t)

Ag (g/t)

Au Eq (g/t)

                   

CA-23-01

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