PPX Mining Reports Strong Operational Results for June 2025

PPX Mining Corp., listed on TSX Venture Exchange and Bolsa de Valores de Lima, announced robust operational outcomes for June 2025 at its Callanquitas Mine in northern Peru. The operation, in collaboration with Proyectos La Patagonia S.A.C., recorded gross revenues of PEN 11.62 million and a pre-tax profit of PEN 5.14 million for the month. Consequently, PPX received a Net Profit Interest payment of PEN 3.9 million, reflecting their best monthly performance in recent years.

Despite challenges like elevated costs and logistical hurdles from heavy rains earlier in the year, the Callanquitas operation mined 21,584 tonnes of ore year-to-date, with a gold equivalent grade of 6.77 g/t. PPX expects improvements in operational efficiency and cost reductions once its own CIL and flotation plant starts functioning.

CEO John Thomas expressed satisfaction with the results, highlighting operational discipline and improved geological understanding as key drivers of success. The company remains optimistic about continued growth throughout 2025 as it works on expanding production and enhancing efficiency.