PPX Mining Corp.

Description

PPX Mining Corp. is a junior mining company focused on precious metal properties with a high potential for gold (Au) and silver (Ag) mineralization. PPX Mining Corp, formed in June 2013, is a publicly listed mineral exploration firm that trades its ordinary shares on the TSX Venture Exchange under the stock quote PPX. The firm is also listed on the United States OTC Pink Market under the trading symbol SNNGF.

The Vancouver-based miner is primarily engaged in the evaluation and development of mineral projects with an aim to operate long-term, either on its own or via joint venture agreements. The company is also involved in the disposal of projects post the evaluation.

The precious metal explorer owns a 100 per cent stake in the Igor Gold-Silver Project sitting in the Northern Peru Gold Belt in the Department of La Libertad. It is the flagship project of PPX and is well connected with roadways and airline services via Trujillo City.

The Igor Project hosts a precious metal mineral system in the form of mineralized veins, breccias and mantos following majorly a north to south trend, but also there are also some important north-east to south-west, and the north-west to south-east trends. It also includes weak base metal mineralization containing lead, zinc and copper.

The project is host to a district scale hydrothermal system and includes four important Au-AG rich deposits:

• Callanquitas includes precious metal-rich tectonic and hydrothermal breccia zones.

• Domo consists of perpendicular veins and parallel-bedded mantos controlled via trending faults.

• Tesoros comprises fault-controlled mantos, veins and breccias with potential for bulk mineralization.

• Portachuelos sits about 800 meters south of the current Callanquitas target area. It indicates tectonic and hydrothermal hosted low-grade Au-Ag mineralization.

In June 2005, the company acquired the Igor Project and since then, it is continuously exploring the site. PPX Mining is working on exploration and drilling programs to identify, explore and evaluate mineral targets to enhance the resource potential for the advancement of its flagship.

The company conducts responsible mining operations and implements ESG practices to minimize the environmental footprint of its business activities. The company even educates its employees and associated contractors on the importance to engage in sustainable mining operations.