PPX Mining Corp. announce that the company's mining partner Proyectos La Patagonia S.A.C. has provided the company with a report of operations at Mina Callanquitas for the month of December 2016. PLP is developing Mina Callanquitas for the Company as part of a systematic test mining and bulk sampling program to evaluate the potential commercial development of the Callanquitas gold and silver resource. Highlights of the December operations update include: A total of 121 metres of ramps, sublevel ramps, and galleries were completed on the 3440 and 3390 levels of Mina Callanquitas. The majority of this work was focused on the sublevel ramp on the 3445 level, developing the gallery (stope) on sublevel eight (approximately 3441 level), and an additional sublevel ramp connecting sublevels three and four (3410 level). This development work will facilitate future stoping in these areas and access to gold resource blocks identified by previous surface diamond drilling. Stoping took place on sublevel five, 3430 level. During December PLP focused on development in order to facilitate higher stoping rates during calendar first quarter 2017 when the bulk-sampling program is scheduled to accelerate. PLP reported that twenty-two truckloads containing 330 tonnes of gold mineralized rock were shipped to the Malin Plant of Silver Cascas S.A.C. ("Silver Cascas") during the month of December. The reduced tonnage of mineralized material was anticipated as PLP concentrated on mine development during the month and also a reduced work schedule due to the holiday season. The average gold grade of the mineralized material was higher than reported for November, ranging in grade from 5.01 to 11.02 gpt gold and averaged 7.93 gpt gold, the grade anticipated in the mine plan. Gold recoveries from processing the mineralized rock at Silver Cascas processing plant ranged from 70.0 to 84.0% with the last six truckloads shipped during the month (104 tonnes grading 10.81 gpt gold) averaging 83% gold recovery, approaching the average gold recoveries reported in previously completed metallurgical testing.