PPX Mining Corp. announced that during the current month, the Company focused its exploration efforts in three additional diamond drillholes from underground at Callanquitas East and West breccia zones. Holes CA-24-09 and CA-24-10 were drilled horizontally at elevation 3290 m towards the Callanquitas West.

CA-24-10 delivered up to 18.93 g/t Au; with an intercept of 10.46 g/t Au and 34.7 g/t Ag over 0.9 meters. Hole CA-24-09 intersected 3.33 g/t Au and 11.5 g/t Ag over 0.45m. Drillhole CA-24-08 was placed steeply with azimuth below CA-24-07 (elevation 2970 m), intercepting the Callanquitas East breccia zone with a grade of 2.27 g/t Au and 169.7 g/t Ag over 1.30 meters width.

The hole was stopped close to the sulfide zone intercepted in CA-24-07. Holes CA-24-09 and CA-24-10: Two holes (CA-24-09 and 10) were drilled to intercept Callanquitas West. The drillholes were positioned from underground at level 3290 m, a new area with no historical drilling nearby, with an estimated length of 350 meters long and open at depth.

Location of drillholes DDH CA-24-09 and CA-24-10 (Assay DDH Au and Ag g/t, and Surface Au g/t): Hole CA-24-09: Drilled towards the new areas of the Callanquitas West breccia and at 100 meters below the surface. The drilling intersected the Callanquitas West breccia at the elevation 3290 m with abundant iron oxides. The hole, drilled from an underground stope had an azimuth of 261° dipping 0° (horizontal).

The breccia zone intersected has several hydrothermal features with intersections grading 5.34 g/t Au and 10 g/t Ag over 0.3 meters wide, and another thicker breccia grading 1.78 g/t Au and 7.9 g/t Ag over 2.25 meters. Location and Section DDH CA-24-09 (Assays). Hole CA-24-10: Drillhole CA-24-10 was located towards the new areas of the Callanquitas West breccia and south of hole CA-24-09, at 90 meters from the surface.

Drillhole CA-24-10 intersected the Callanquitas West breccia at the elevation of 3290 m and with abundant iron oxides. The hole was drilled from an open stope with an azimuth of 241° dipping 0° (horizontal). The breccia zone also showed several hydrothermal sections and intersected 10.46 g/t Au and 34.7 g/t Ag over 0.9 meters within the wider intersection grading 4.94 g/t Au and 18.5 g /t Ag over 2.00 meters, with an intercept grading up to 18.93 g/t Au.

Location and Section DDH CA-24-10 (Assays). Hole CA-24-08: Drillhole CA-24-08 intersected the Callanquitas East structure, located below and north ??of the historic drilling carried out in 2018, at level 2970 m. The new intercept is 100 meters from the mining area (Mina Callanquitas) and the nearest drillhole is CA-24-07. The intercepts of the two drillholes, CA-24-07 and CA-24-08, confirmed the continuity at depth of Callanquitas East.

The drillhole CA- 24-07 intercepted sulfide mineralization with high Au and Ag grades. Location y Section DDH CA-24-08 (Assay).