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PPX Continues Drilling at the Mine (underground), Intersecting in the Tension Vein a Zone 0.70 m Grading 9.66 g/t Au and 1432 g/t Ag; and in the Mixed Zone on Callanquitas East 1.0 m Grading 3.06 g/t Au and 1354 g/t Ag
TORONTO, ON / ACCESS Newswire / January 7, 2026 / PPX Mining Corp. (the "Company" or "PPX") ...
About this update from Ppx Mining Corp.
[{"type":"text","content":" PPX Continues Drilling at the Mine (underground), Intersecting in the Tension Vein a Zone 0.70 m Grading 9.66 g/t Au and 1432 g/t Ag; and in the Mixed Zone on Callanquitas East 1.0 m Grading 3.06 g/t Au and 1354 g/t Ag TORONTO, ON / ACCESS Newswire / January 7, 2026 / PPX Mining Corp. (the \"Company\" or \"PPX\") is pleased to announce the continuation of its 4,300 meters diamond drilling program in coordination with the Proyectos la Patagonia SAC (PLP), a partner company. This drilling program is carried out inside the mine, within two drilling chambers. The drilling was executed from the chamber 04, reporting drilling results (historic DDH CA-24-07) and has the objective of testing Callanquitas East and the sulfide veins/breccias with two drill holes CA-25-25 and CA-25-28. The drill hole CA-25-26 and CA-25-27 did not reach the target (Callanquitas West) due to mechanical problems with the drilling machine. Information on the last section of mineralization intercepted by CA-25-24 is completed.The Drill hole CA-25-28 intersected the mineralized zone grading 6.40 g/t Au and 384.1 g/t Ag over 3.15 meters and it includes a grade of 9.66 g/t Au and 1432.0 g/t Ag over 0.70 meters, occurs within the tension vein (mixed mineralized zone).The drill hole CA-25-25 has two mineralized zones, the intersection grades 3.60 g/t Au and 458.8 g/t Ag over 3.60 meters, it includes a grade of 3.06 g/t Au and 1354.0 g/t Ag over 1.0 meters, within Callanquitas East (mixed mineralized zone). It also intercepted mineralization within the tension vein (sulfide) grading 4.40 g/t Au and 46.7 g/t Ag over 1.25 meters.The drill hole CA-25-24 has grades in the last section of the mineralization and consists of oxides with a grade of 2.69 g/t Au and 10.2 g/t Ag over 2.90 meters and includes a grade of 4.69 g/t Au and 15.6 g/t Ag over 0.70 meters (oxide zone).The drill holes CA-25-26 and CA-25-27 did not reach the target (Callanquitas West) due to mechanical problems with the drilling machine. See Plan View Figure 1.The drill hole CA-25-28 was oriented at N40°E dipping -43°; drill hole CA-25-25 was oriented at N80°E dipping -47°; drill hole CA-25-24 was oriented at N66°E dipping -50°; drill hole CA-25-27 was oriented at S216°W dipping -0 and drill hole CA-25-26 was oriented at N276°W dipping -0°. See Plan View Figur...