{"success":true,"data":{"pressRelease":{"id":"144275","rtpr_id":"nACSTC89Ta-20260915","ticker":"PPX","exchange":"","all_tickers":["PPX"],"title":"PPX Intercepts High-Grade Gold, Silver, and Copper at Callanquitas, Including 20.04 g/t Au over 0.85 m and 2251 g/t Ag With 3.0% Cu over 0.90 m","author":"ACCESSWIRE","published_at":"2026-09-15T15:00:01.094Z","article_body":"TORONTO, ON / ACCESS Newswire (https://www.accessnewswire.com/) / September\n15, 2026 / PPX Mining Corp. (TSX.V:PPX)(BVL:PPX), is pleased to announce the\nfirst results from its 2026 underground diamond drilling program at the\nCallanquitas Mine, work carried out in coordination with Proyectos la\nPatagonia SAC (PLP), a mining partner of the company. The drilling program was\ncarried out at the Callanquitas mine from underground drill chamber 4, from\nwhere the best results of the Tension vein were previously reported (DDH\nCA-24-07 and its twin CA-25-24). The current drilling campaign aims to extend\nthe Callanquitas East zone and the Tension vein to the north, south, and at\ndepth. Drill holes CA-26-31 and CA-26-32 have been completed with final\ngeochemical results, while hole CA-26-33 currently has only partial results\navailable. Results from additional drill holes will continue to be reported\nover the course of the year.\n\nDrilling Highlights\n\nDrill hole CA-26-31 intersected three mineralized zones, one of which is the\nTension vein (sulfide) with 3.37 g/t Au, 1329.6 g/t Ag and 1.81% Cu over 1.60\nm. A second zone in this hole grades 5.28 g/t Au and 10.4 g/t Ag over 1.50 m\n(oxide). This is a new mineralized zone. A third zone, which is Callanquitas\nEast, grades 4.31 g/t Au and 8.0 g/t Ag over 0.60 m (oxide).\n\nHole CA-26-32 cut two mineralized zones. Firstly, the Tension vein, with 6.92\ng/t Au, 654.0 g/t Ag, and 1.69% Cu over 0.80 m (sulfide). It is located within\na longer interval of 16.75 m of 1.21 g/t Au, 101.6 g/t Ag, and 0.14% Cu.\nSecondly, the Callanquitas East structure, which grades 2.88 g/t Au and 9.9\ng/t Ag over 1.00 m (oxide).\n\nDrill hole CA-26-33 also cut the Tension vein (sulfide) with 8.66 g/t Au,\n289.6 g/t Ag, and 0.10% Cu over 3.60 m. Assay results for the final 74 m in\nCA-26-33 are pending.\n\nDrill hole CA-26-31 was oriented at N041(o) with an inclination of -23° and a\ndepth of 259.20 m. CA-26-32 was oriented at N039(o) with an inclination of\n-30° and a depth of 255.90 m. CA-26-33 was oriented at N039(o) with an\ninclination of -44° and a depth of 262.40 m. See Figure 1: Plan View; Figure\n2: Cross Section and Table 1: Mineralization Intercepts.\n\nTable 1: Mineralization Intercepts.\n\n Drill Hole From (m) To (m) Length (m)* Average Grades Press Release Breccia/Vein \n Au (g/t) Ag (g/t) Cu (%) \n \n CA-26-31 56.70 59.90 3.20 2.21 693.7 1.01 Current Tension \n (Sulfides) \n Included 57.80 59.40 1.60 3.37 1329.6 1.81 Current \n Included 57.80 58.70 0.90 5.84 2251.0 3.01 Current \n \n CA-26-31 111.9 113.40 1.50 5.28 10.4 - Current New (oxides) \n \n CA-26-31 222.60 228.75 6.15 1.50 12.6 - Current Callanquitas East \n (oxides) \n Included 222.6 224.90 2.30 2.37 16.5 - Current \n Included 222.6 223.20 0.60 4.31 8.0 - Current \n \n CA-26-32 82.40 99.15 16.75 1.21 101.6 0.14 Current Tension \n (Sulfides) \n Included 82.40 94.50 12.10 1.51 120.0 0.19 Current \n Included 82.40 89.00 6.60 1.30 191.5 0.34 Current \n Included 82.40 83.20 0.80 6.92 654.0 1.69 Current \n \n CA-26-32 213.20 220.30 7.10 0.99 2.5 - Current Callanquitas East \n (Oxides) \n Included 213.20 216.50 3.30 1.72 4.4 - Current \n Included 215.50 216.50 1.00 2.88 9.9 - Current \n \n CA-26-33 151.00 161.60 10.60 3.26 132.6 0.04 Current Tension \n (Sulfides) \n Included 153.20 156.80 3.60 8.66 289.6 0.10 Current \n Included 153.20 155.30 2.10 14.15 147.9 0.15 Current \n Included 153.70 155.30 1.60 15.86 181.9 0.18 Current \n Included 153.70 154.55 0.85 20.04 240.0 0.27 Current \n \n CA-26-33 Pending Callanquitas East \n Included Pending \n\nThe intercept of the Tension vein in drill hole CA-26-31 is located 10 m below\nhistorical hole CA-25-23, which returned only anomalous Au and Ag values. The\nintercept at Callanquitas East is 40 m below CA-25-23.\n\nThe intercept of the Tension vein in drill hole CA-26-32 is located 5 m\nNorthwest of CA-25-20. The intercept at Callanquitas East is located 75 m\nbelow and 25 m South of CA-25-23.\n\nThe intercept of the Tension vein in drill hole CA-26-33 is located 20 m below\nthe historic CA-25-28, where higher gold grades were obtained. The intercept\nat Callanquitas East is located 50 m North of and below CA-25-19.\n\nFigure 1. Plan view showing the locations of drill holes CA-26-31, CA-26-32,\nand CA-26-33, and 2024-2025 DDHs.\n(https://app.accessnewswire.com/imagelibrary/e23abbf5-9d71-4d9e-aaa6-63919e833439/ppx.jpg)\nFigure 2. Cross-section of drill holes CA-26-31, CA-26-32, and CA-26-33 and\n2024-2025 DDHs (View North).\n(https://app.accessnewswire.com/imagelibrary/501b5fa0-077c-4bbb-b8d3-d9c9ef45e56f/ppx2.jpg)\nDrill holes CA-26-31, CA-26-32, and CA-26-33 confirm the continuity of the\nTension vein and the Callanquitas East zone. Importantly, they demonstrate\nthat Ag values are probably hypogene and not due to supergene enrichment. All\nthree holes were drilled along the same azimuth, across about 120 m of\nvertical extent. The Callanquitas East zone was also confirmed by holes\nCA-26-31 and CA-26-32. Although grades were slightly lower, oxide\nmineralization persists, defining an approximate depth extension of 75 m below\nhole CA-25-23. See Figure 2: Cross Section, and Figure 3: Longitudinal section\nTension vein.\n\nFigure 3. Longitudinal section of the Tension vein showing drill holes\nCA-26-31, CA-26-32, and CA-26-33; (East View).\n(https://app.accessnewswire.com/imagelibrary/432de499-326b-4480-88e5-0cd491f4cbd2/ppx3.png)\nThe longitudinal section of the Tension vein (Figure 3) shows the intercepts\nfrom drill holes CA-26-31, CA-26-32, and CA-26-33, located at the northern\nboundary of the northern zone drilled in 2025; these three holes serve as twin\nand infill holes, showing improved Au, Ag, and Cu grades compared to previous\ndata. The Tension vein consists of hydrothermal veins and breccias containing\nsandstone and carbonaceous siltstone fragments; alteration is characterized by\nquartz-sericite, and mineralization comprises sulfides such as pyrite,\narsenopyrite, and chalcopyrite, as well as Ag-sulfosalts.\n\nFigure 4. Longitudinal section of Callanquitas East with drill holes CA-26-31\nand CA-26-32; (East View).\n(https://app.accessnewswire.com/imagelibrary/865846f6-ee06-4f56-b105-1a718f82743e/ppx4.png)\nThe longitudinal section of Callanquitas East (Figure 4) shows the intercepts\nfrom drill holes CA-26-31 and CA-26-32, located North of and below the\nhistorical drill holes (2024 and 2025). At this elevation, Callanquitas East\nremains a clast-supported hydrothermal breccia featuring sedimentary clasts\nand a matrix replaced by goethite and limonite, intergrown with quartz;\nadditionally, sericite is observed in fractures and vugs. See Figure 2: Cross\nSection, and Figure 4: Longitudinal section Callanquitas East.\n\nThe mineralized zones intercepted by diamond drill holes CA-26-31, CA-26-32,\nand CA-26-33 were drilled using HQ3 (63.5 mm) core size. The samples were\nprocessed at the SGS Peru laboratory (see the sections for each drill hole in\nFigure 1).\n\nErnest Mast, CEO of PPX Mining Corp., commented: \"These results confirm high\nAu and Ag grades in the Tension vein in sulfide and its geological continuity,\nalong with significant Cu. At Callanquitas East, there is a slight decrease in\nAu grade, but the oxide-bearing breccia persists at the 2850-metre elevation.\nThe results from these three drill holes justify continued exploration, as the\nmineralization remains open to the North and at depth in both the Tension vein\nand Callanquitas East. This information will assist in updating the sulfide\nand oxide resource estimates.\"\n\nCore Sampling and QA/QC Protocols\n\nPPX geologists collect diamond drill core samples of HQ3 (61.1mm) at the start\nof the drill holes to depths of 200 m to 250 m and when drilling is difficult\nchange to NQ3 (45mm). Geologists collect diamond drill core samples\nimmediately following geological and geotechnical logging. Samples are\ncollected based on natural fractures and their geological characteristics\nbased on their individual runs. Samples are separated by obvious geological\nboundaries such as rock types, mineralization styles, and hydrothermal\nalterations. Samples are collected by cutting the core in half, using a\ndiamond saw. The second half is retained for future review analysis, future\nstudies, and reference. Samples are sealed, labeled and stored in a secure\narea before shipment to SGS laboratories in Trujillo-Lima, Peru. In the\nlaboratory, the entire sample is crushed to pass a No. -10 mesh (2mm), then\nhomogenized and split; subsequently, a 250-gram fraction is pulverized to 95%\npassing a No. -140-mesh (0.106mm) screen, and a 100-gram portion is taken for\nanalysis; gold analyzes are performed using a fire assay and atomic\nadsorption/gravimetry, and silver ICP - multiacid. Blanks, standards and\nduplicate are inserted approximately every 5 samples; Duplicate fire assay\ntests approximately every 30 samples and are sent to a second laboratory for\nreanalysis.\n\nWarren Pratt, C. Geol., independent Advisor to the Company, a Qualified Person\nas defined under National Instrument 43-101, has reviewed and approved the\ntechnical information contained in this news release on behalf of the Company.\n\nOn behalf of the Board of Directors\n\nErnest Mast\nPresident and Chief Executive Officer\n\n82 Richmond Street East\nToronto, Ontario M5C 1P1\nCanada\n416-361-0737\n\nNeither TSX Venture Exchange nor its Regulation Services Provider (as that\nterm is defined in the policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this release.\n\nAbout PPX Mining Corp:\n\nPPX Mining Corp. is a Canadian-based mining company with assets in northern\nPeru. Igor, the Company's 100%-owned flagship gold and silver project, is\nlocated in the prolific Northern Peru gold belt in eastern La Libertad\nDepartment. PPX is focused on disciplined growth, responsible development, and\nlong-term value creation for shareholders and local stakeholders.\n\nCautionary Statement:\n\nThis press release contains forward-looking information and forward-looking\nstatements (collectively, \"forward-looking statements\") as such terms are\ndefined by applicable securities laws, including, but not limited to\nstatements regarding test results, future plans or management estimates.\nForward-looking statements are statements that relate to future events. In\nthis context, forward-looking statements often address expected future\nbusiness and financial performance and often contain words such as\n\"anticipate,\" \"believe,\" \"plan,\" \"estimate,\" \"expect,\" and \"intend\",\nstatements that an action or event \"may,\" \"might,\" \"could,\" \"should,\" or\n\"will\" be taken or occur, or other similar expressions. Forward-looking\nstatements are subject to a number of known and unknown risks and\nuncertainties, many of which involve factors or circumstances that are beyond\nthe Company's control, and the Company's actual results could differ\nmaterially from those stated or implied in forward-looking statements due to a\nnumber of factors. Although the Company believes that the expectations\nreflected in the forward-looking statements are reasonable, the Company cannot\nguarantee that the events and circumstances reflected in the forward-looking\nstatements will be achieved or occur. The timing of events and circumstances\nand actual results could differ materially from those projected in the\nforward-looking statements. Accordingly, one should not place undue reliance\non forward- looking statements. All forward-looking statements contained in\nthis press release are made as of today's date, and the Company undertakes no\nobligation to update or publicly revise any forward-looking statements,\nwhether as a result of new information, future events or otherwise, unless\nrequired by law.\n\nSOURCE: PPX Mining Corp.\nView the original press release\n(https://www.accessnewswire.com/newsroom/en/metals-and-mining/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20.04-1221029)\non ACCESS Newswire\n\n\nCopyright 2026 ACCESS Newswire. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nACSTC89Ta-20260915","title":"PPX Intercepts High-Grade Gold, Silver, and Copper at Callanquitas, Including 20.04 g/t Au over 0.85 m and 2251 g/t Ag With 3.0% Cu over 0.90 m","author":"ACCESSWIRE","ticker":"PPX","created":"2026-09-15T15:00:01.094Z","tickers":["PPX"],"exchange":"","article_body":"TORONTO, ON / ACCESS Newswire (https://www.accessnewswire.com/) / September\n15, 2026 / PPX Mining Corp. (TSX.V:PPX)(BVL:PPX), is pleased to announce the\nfirst results from its 2026 underground diamond drilling program at the\nCallanquitas Mine, work carried out in coordination with Proyectos la\nPatagonia SAC (PLP), a mining partner of the company. The drilling program was\ncarried out at the Callanquitas mine from underground drill chamber 4, from\nwhere the best results of the Tension vein were previously reported (DDH\nCA-24-07 and its twin CA-25-24). The current drilling campaign aims to extend\nthe Callanquitas East zone and the Tension vein to the north, south, and at\ndepth. Drill holes CA-26-31 and CA-26-32 have been completed with final\ngeochemical results, while hole CA-26-33 currently has only partial results\navailable. Results from additional drill holes will continue to be reported\nover the course of the year.\n\nDrilling Highlights\n\nDrill hole CA-26-31 intersected three mineralized zones, one of which is the\nTension vein (sulfide) with 3.37 g/t Au, 1329.6 g/t Ag and 1.81% Cu over 1.60\nm. A second zone in this hole grades 5.28 g/t Au and 10.4 g/t Ag over 1.50 m\n(oxide). This is a new mineralized zone. A third zone, which is Callanquitas\nEast, grades 4.31 g/t Au and 8.0 g/t Ag over 0.60 m (oxide).\n\nHole CA-26-32 cut two mineralized zones. Firstly, the Tension vein, with 6.92\ng/t Au, 654.0 g/t Ag, and 1.69% Cu over 0.80 m (sulfide). It is located within\na longer interval of 16.75 m of 1.21 g/t Au, 101.6 g/t Ag, and 0.14% Cu.\nSecondly, the Callanquitas East structure, which grades 2.88 g/t Au and 9.9\ng/t Ag over 1.00 m (oxide).\n\nDrill hole CA-26-33 also cut the Tension vein (sulfide) with 8.66 g/t Au,\n289.6 g/t Ag, and 0.10% Cu over 3.60 m. Assay results for the final 74 m in\nCA-26-33 are pending.\n\nDrill hole CA-26-31 was oriented at N041(o) with an inclination of -23° and a\ndepth of 259.20 m. CA-26-32 was oriented at N039(o) with an inclination of\n-30° and a depth of 255.90 m. CA-26-33 was oriented at N039(o) with an\ninclination of -44° and a depth of 262.40 m. See Figure 1: Plan View; Figure\n2: Cross Section and Table 1: Mineralization Intercepts.\n\nTable 1: Mineralization Intercepts.\n\n Drill Hole From (m) To (m) Length (m)* Average Grades Press Release Breccia/Vein \n Au (g/t) Ag (g/t) Cu (%) \n \n CA-26-31 56.70 59.90 3.20 2.21 693.7 1.01 Current Tension \n (Sulfides) \n Included 57.80 59.40 1.60 3.37 1329.6 1.81 Current \n Included 57.80 58.70 0.90 5.84 2251.0 3.01 Current \n \n CA-26-31 111.9 113.40 1.50 5.28 10.4 - Current New (oxides) \n \n CA-26-31 222.60 228.75 6.15 1.50 12.6 - Current Callanquitas East \n (oxides) \n Included 222.6 224.90 2.30 2.37 16.5 - Current \n Included 222.6 223.20 0.60 4.31 8.0 - Current \n \n CA-26-32 82.40 99.15 16.75 1.21 101.6 0.14 Current Tension \n (Sulfides) \n Included 82.40 94.50 12.10 1.51 120.0 0.19 Current \n Included 82.40 89.00 6.60 1.30 191.5 0.34 Current \n Included 82.40 83.20 0.80 6.92 654.0 1.69 Current \n \n CA-26-32 213.20 220.30 7.10 0.99 2.5 - Current Callanquitas East \n (Oxides) \n Included 213.20 216.50 3.30 1.72 4.4 - Current \n Included 215.50 216.50 1.00 2.88 9.9 - Current \n \n CA-26-33 151.00 161.60 10.60 3.26 132.6 0.04 Current Tension \n (Sulfides) \n Included 153.20 156.80 3.60 8.66 289.6 0.10 Current \n Included 153.20 155.30 2.10 14.15 147.9 0.15 Current \n Included 153.70 155.30 1.60 15.86 181.9 0.18 Current \n Included 153.70 154.55 0.85 20.04 240.0 0.27 Current \n \n CA-26-33 Pending Callanquitas East \n Included Pending \n\nThe intercept of the Tension vein in drill hole CA-26-31 is located 10 m below\nhistorical hole CA-25-23, which returned only anomalous Au and Ag values. The\nintercept at Callanquitas East is 40 m below CA-25-23.\n\nThe intercept of the Tension vein in drill hole CA-26-32 is located 5 m\nNorthwest of CA-25-20. The intercept at Callanquitas East is located 75 m\nbelow and 25 m South of CA-25-23.\n\nThe intercept of the Tension vein in drill hole CA-26-33 is located 20 m below\nthe historic CA-25-28, where higher gold grades were obtained. The intercept\nat Callanquitas East is located 50 m North of and below CA-25-19.\n\nFigure 1. Plan view showing the locations of drill holes CA-26-31, CA-26-32,\nand CA-26-33, and 2024-2025 DDHs.\n(https://app.accessnewswire.com/imagelibrary/e23abbf5-9d71-4d9e-aaa6-63919e833439/ppx.jpg)\nFigure 2. Cross-section of drill holes CA-26-31, CA-26-32, and CA-26-33 and\n2024-2025 DDHs (View North).\n(https://app.accessnewswire.com/imagelibrary/501b5fa0-077c-4bbb-b8d3-d9c9ef45e56f/ppx2.jpg)\nDrill holes CA-26-31, CA-26-32, and CA-26-33 confirm the continuity of the\nTension vein and the Callanquitas East zone. Importantly, they demonstrate\nthat Ag values are probably hypogene and not due to supergene enrichment. All\nthree holes were drilled along the same azimuth, across about 120 m of\nvertical extent. The Callanquitas East zone was also confirmed by holes\nCA-26-31 and CA-26-32. Although grades were slightly lower, oxide\nmineralization persists, defining an approximate depth extension of 75 m below\nhole CA-25-23. See Figure 2: Cross Section, and Figure 3: Longitudinal section\nTension vein.\n\nFigure 3. Longitudinal section of the Tension vein showing drill holes\nCA-26-31, CA-26-32, and CA-26-33; (East View).\n(https://app.accessnewswire.com/imagelibrary/432de499-326b-4480-88e5-0cd491f4cbd2/ppx3.png)\nThe longitudinal section of the Tension vein (Figure 3) shows the intercepts\nfrom drill holes CA-26-31, CA-26-32, and CA-26-33, located at the northern\nboundary of the northern zone drilled in 2025; these three holes serve as twin\nand infill holes, showing improved Au, Ag, and Cu grades compared to previous\ndata. The Tension vein consists of hydrothermal veins and breccias containing\nsandstone and carbonaceous siltstone fragments; alteration is characterized by\nquartz-sericite, and mineralization comprises sulfides such as pyrite,\narsenopyrite, and chalcopyrite, as well as Ag-sulfosalts.\n\nFigure 4. Longitudinal section of Callanquitas East with drill holes CA-26-31\nand CA-26-32; (East View).\n(https://app.accessnewswire.com/imagelibrary/865846f6-ee06-4f56-b105-1a718f82743e/ppx4.png)\nThe longitudinal section of Callanquitas East (Figure 4) shows the intercepts\nfrom drill holes CA-26-31 and CA-26-32, located North of and below the\nhistorical drill holes (2024 and 2025). At this elevation, Callanquitas East\nremains a clast-supported hydrothermal breccia featuring sedimentary clasts\nand a matrix replaced by goethite and limonite, intergrown with quartz;\nadditionally, sericite is observed in fractures and vugs. See Figure 2: Cross\nSection, and Figure 4: Longitudinal section Callanquitas East.\n\nThe mineralized zones intercepted by diamond drill holes CA-26-31, CA-26-32,\nand CA-26-33 were drilled using HQ3 (63.5 mm) core size. The samples were\nprocessed at the SGS Peru laboratory (see the sections for each drill hole in\nFigure 1).\n\nErnest Mast, CEO of PPX Mining Corp., commented: \"These results confirm high\nAu and Ag grades in the Tension vein in sulfide and its geological continuity,\nalong with significant Cu. At Callanquitas East, there is a slight decrease in\nAu grade, but the oxide-bearing breccia persists at the 2850-metre elevation.\nThe results from these three drill holes justify continued exploration, as the\nmineralization remains open to the North and at depth in both the Tension vein\nand Callanquitas East. This information will assist in updating the sulfide\nand oxide resource estimates.\"\n\nCore Sampling and QA/QC Protocols\n\nPPX geologists collect diamond drill core samples of HQ3 (61.1mm) at the start\nof the drill holes to depths of 200 m to 250 m and when drilling is difficult\nchange to NQ3 (45mm). Geologists collect diamond drill core samples\nimmediately following geological and geotechnical logging. Samples are\ncollected based on natural fractures and their geological characteristics\nbased on their individual runs. Samples are separated by obvious geological\nboundaries such as rock types, mineralization styles, and hydrothermal\nalterations. Samples are collected by cutting the core in half, using a\ndiamond saw. The second half is retained for future review analysis, future\nstudies, and reference. Samples are sealed, labeled and stored in a secure\narea before shipment to SGS laboratories in Trujillo-Lima, Peru. In the\nlaboratory, the entire sample is crushed to pass a No. -10 mesh (2mm), then\nhomogenized and split; subsequently, a 250-gram fraction is pulverized to 95%\npassing a No. -140-mesh (0.106mm) screen, and a 100-gram portion is taken for\nanalysis; gold analyzes are performed using a fire assay and atomic\nadsorption/gravimetry, and silver ICP - multiacid. Blanks, standards and\nduplicate are inserted approximately every 5 samples; Duplicate fire assay\ntests approximately every 30 samples and are sent to a second laboratory for\nreanalysis.\n\nWarren Pratt, C. Geol., independent Advisor to the Company, a Qualified Person\nas defined under National Instrument 43-101, has reviewed and approved the\ntechnical information contained in this news release on behalf of the Company.\n\nOn behalf of the Board of Directors\n\nErnest Mast\nPresident and Chief Executive Officer\n\n82 Richmond Street East\nToronto, Ontario M5C 1P1\nCanada\n416-361-0737\n\nNeither TSX Venture Exchange nor its Regulation Services Provider (as that\nterm is defined in the policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this release.\n\nAbout PPX Mining Corp:\n\nPPX Mining Corp. is a Canadian-based mining company with assets in northern\nPeru. Igor, the Company's 100%-owned flagship gold and silver project, is\nlocated in the prolific Northern Peru gold belt in eastern La Libertad\nDepartment. PPX is focused on disciplined growth, responsible development, and\nlong-term value creation for shareholders and local stakeholders.\n\nCautionary Statement:\n\nThis press release contains forward-looking information and forward-looking\nstatements (collectively, \"forward-looking statements\") as such terms are\ndefined by applicable securities laws, including, but not limited to\nstatements regarding test results, future plans or management estimates.\nForward-looking statements are statements that relate to future events. In\nthis context, forward-looking statements often address expected future\nbusiness and financial performance and often contain words such as\n\"anticipate,\" \"believe,\" \"plan,\" \"estimate,\" \"expect,\" and \"intend\",\nstatements that an action or event \"may,\" \"might,\" \"could,\" \"should,\" or\n\"will\" be taken or occur, or other similar expressions. Forward-looking\nstatements are subject to a number of known and unknown risks and\nuncertainties, many of which involve factors or circumstances that are beyond\nthe Company's control, and the Company's actual results could differ\nmaterially from those stated or implied in forward-looking statements due to a\nnumber of factors. Although the Company believes that the expectations\nreflected in the forward-looking statements are reasonable, the Company cannot\nguarantee that the events and circumstances reflected in the forward-looking\nstatements will be achieved or occur. The timing of events and circumstances\nand actual results could differ materially from those projected in the\nforward-looking statements. Accordingly, one should not place undue reliance\non forward- looking statements. All forward-looking statements contained in\nthis press release are made as of today's date, and the Company undertakes no\nobligation to update or publicly revise any forward-looking statements,\nwhether as a result of new information, future events or otherwise, unless\nrequired by law.\n\nSOURCE: PPX Mining Corp.\nView the original press release\n(https://www.accessnewswire.com/newsroom/en/metals-and-mining/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20.04-1221029)\non ACCESS Newswire\n\n\nCopyright 2026 ACCESS Newswire. All Rights Reserved."},"type":"article","timestamp":"2026-09-15T15:00:01.15645443Z","server_sent_at_ms":1789484401156},"received_at":"2026-09-15T15:00:01.229Z","source_url":"https://www.accessnewswire.com/newsroom/en/metals-and-mining/ppx-intercepts-high-grade-gold-silver-and-copper-at-callanquitas-including-20.04-1221029"},"analysis":{"id":"133108","press_release_id":"144275","analysis_json":{"industry":{"label":"Metals & Mining","sector":"Materials"},"redFlags":["High-grade intercepts are narrow (0.60 m to 3.60 m); widths may not reflect true vein thickness","Results are partial: final 74 m of hole CA-26-33 and the Callanquitas East intercept are still pending","Exploration-stage disclosure only — no updated resource estimate, tonnage, or economic metrics provided","Grades in Callanquitas East oxide zone are slightly lower than historical results per management"],"eventType":"operations_update","narrative":"PPX Mining reported the first results from its 2026 underground diamond drilling program at the Callanquitas Mine, headlined by an intercept of 20.04 g/t gold over 0.85 metres and 2251 g/t silver with 3.0% copper over 0.90 metres on the Tension vein.\n\nHoles CA-26-31, CA-26-32 and CA-26-33 confirm continuity of the Tension vein and the Callanquitas East zone, including a broader 16.75-metre interval grading 1.21 g/t gold, 101.6 g/t silver and 0.14% copper, and indicate the high silver values are likely hypogene rather than supergene enrichment.\n\nCEO Ernest Mast said the results justify continued exploration, with mineralization open to the north and at depth, and the data will assist in updating the sulfide and oxide resource estimates. Assay results for the final 74 metres of hole CA-26-33 and additional holes remain pending.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"High-grade hits at Callanquitas extend the Tension vein and Callanquitas East toward a future resource update, but narrow intercepts and pending assays warrant caution."},"keyFigures":{"customDimensions":{"pending_results":"final 74 m of CA-26-33 and Callanquitas East intercepts pending","widest_intercept":"16.75 m at 1.21 g/t Au, 101.6 g/t Ag, 0.14% Cu (CA-26-32, Tension vein)","top_gold_intercept":"20.04 g/t Au over 0.85 m (CA-26-33, Tension vein sulfide)","other_key_intercepts":["8.66 g/t Au and 289.6 g/t Ag over 3.60 m (CA-26-33)","3.37 g/t Au and 1329.6 g/t Ag and 1.81% Cu over 1.60 m (CA-26-31)","Callanquitas East depth extension of ~75 m below hole CA-25-23"],"top_silver_intercept":"2251.0 g/t Ag with 3.01% Cu over 0.90 m (CA-26-31, Tension vein sulfide)"}},"quotedText":"The results from these three drill holes justify continued exploration","namedEntities":{"people":[{"name":"Ernest Mast","role":"President and CEO of PPX Mining Corp."},{"name":"Warren Pratt","role":"Independent Advisor and Qualified Person (NI 43-101), C. Geol."}],"products":["Callanquitas Mine","Tension vein","Callanquitas East","Igor project"],"companies":[{"name":"PPX Mining Corp.","ticker":"PPX","relationship":"filer/issuer"},{"name":"Proyectos la Patagonia SAC (PLP)","relationship":"mining partner"},{"name":"SGS Peru","relationship":"assay laboratory"}],"dollarAmounts":[]},"materialImpact":{"score":3,"reasoning":"First 2026 drill results confirm continuity and improved grades on the Tension vein and Callanquitas East at the flagship Igor asset, with mineralization open to the north and at depth and data earmarked for resource-estimate updates. Still early-stage exploration news with narrow intercepts and no resource or economic figures, so not a 4-5."},"tickerRelevance":{"others":[],"primary":"PPX"},"globalImportance":20,"audienceRelevance":12,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"micro-cap TSX-V junior miner","eventGravity":"high-grade drill intercepts confirming vein continuity at flagship asset","sectorWeight":"precious/base metals exploration","issuerAuthored":true,"householdBrandBoost":false,"retailFavoriteBoost":false,"resourceUpdateCatalyst":true}},"event_type":"operations_update","event_type_secondary":null,"sentiment":"bullish","material_impact_score":3,"narrative":"PPX Mining reported the first results from its 2026 underground diamond drilling program at the Callanquitas Mine, headlined by an intercept of 20.04 g/t gold over 0.85 metres and 2251 g/t silver with 3.0% copper over 0.90 metres on the Tension vein.\n\nHoles CA-26-31, CA-26-32 and CA-26-33 confirm continuity of the Tension vein and the Callanquitas East zone, including a broader 16.75-metre interval grading 1.21 g/t gold, 101.6 g/t silver and 0.14% copper, and indicate the high silver values are likely hypogene rather than supergene enrichment.\n\nCEO Ernest Mast said the results justify continued exploration, with mineralization open to the north and at depth, and the data will assist in updating the sulfide and oxide resource estimates. Assay results for the final 74 metres of hole CA-26-33 and additional holes remain pending.","key_figures":{"customDimensions":{"pending_results":"final 74 m of CA-26-33 and Callanquitas East intercepts pending","widest_intercept":"16.75 m at 1.21 g/t Au, 101.6 g/t Ag, 0.14% Cu (CA-26-32, Tension vein)","top_gold_intercept":"20.04 g/t Au over 0.85 m (CA-26-33, Tension vein sulfide)","other_key_intercepts":["8.66 g/t Au and 289.6 g/t Ag over 3.60 m (CA-26-33)","3.37 g/t Au and 1329.6 g/t Ag and 1.81% Cu over 1.60 m (CA-26-31)","Callanquitas East depth extension of ~75 m below hole CA-25-23"],"top_silver_intercept":"2251.0 g/t Ag with 3.01% Cu over 0.90 m (CA-26-31, Tension vein sulfide)"}},"named_entities":{"people":[{"name":"Ernest Mast","role":"President and CEO of PPX Mining Corp."},{"name":"Warren Pratt","role":"Independent Advisor and Qualified Person (NI 43-101), C. Geol."}],"products":["Callanquitas Mine","Tension vein","Callanquitas East","Igor project"],"companies":[{"name":"PPX Mining Corp.","ticker":"PPX","relationship":"filer/issuer"},{"name":"Proyectos la Patagonia SAC (PLP)","relationship":"mining partner"},{"name":"SGS Peru","relationship":"assay laboratory"}],"dollarAmounts":[]},"model_name":"glm-5.3-flash","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-15T15:00:42.931Z","global_importance":20,"audience_relevance":12,"importance_components":{"tickerTier":"micro-cap TSX-V junior miner","eventGravity":"high-grade drill intercepts confirming vein continuity at flagship asset","sectorWeight":"precious/base metals exploration","issuerAuthored":true,"householdBrandBoost":false,"retailFavoriteBoost":false,"resourceUpdateCatalyst":true}},"durationMs":41690,"modelName":"glm-5.3-flash"}}