PPX Mining Corp. Initiates Drilling in Callanquitas West Area

PPX Mining Corp. has commenced a 2,300-meter diamond drilling program at the Callanquitas West area in coordination with Proyectos la Patagonia S.A.C. Initial results from drill holes CA-25-11 and CA-25-12 are promising, with notable intercepts including 6.86 g/t Au over 0.8 meters in CA-25-11 and 14.30 g/t Au over 0.65 meters in CA-25-12. These findings confirm the continuity of high-grade gold mineralization.

The drilling targeted the Callanquitas West breccia, revealing hydrothermal alteration characterized by sericite-quartz. The mineralized structure primarily consists of iron oxides such as goethite and limonite. PPX plans to further explore this structure, intending to drill additional holes to define the mineralized zone more accurately.

Drilling operations are crucial for enhancing metallurgical processing at the Callanquitas Mine. Further assays from these drill holes are expected to guide future drilling strategies, particularly targeting sulfide veins with high grades of Au, Ag, and Cu.