Business
PPX Obtains Wide Thicknesses Exploration Results in Callanquitas Breccias with up to 18.91 g/t Au and 1420.0 g/t Ag
TORONTO, ON / ACCESS Newswire / August 20, 2025 / PPX Mining Corp. (the "Company" or "PPX") ...
About this update from Ppx Mining Corp.
[{"type":"text","content":"PPX Obtains Wide Thicknesses Exploration Results in Callanquitas Breccias with up to 18.91 g/t Au and 1420.0 g/t AgTORONTO, ON / ACCESS Newswire / August 20, 2025 / PPX Mining Corp. (the \"Company\" or \"PPX\") is pleased to announce the continuation of its 4,300 meters diamond drilling program in coordination with Proyectos La Patagonia S.A.C. (PLP), a partner company. This program is being conducted underground, within two drilling chambers. The first drilling chamber, No. 05, is designed to test the Callanquitas West breccia with drill hole CA-25-17. The second drilling chamber, No. 04 (historic DDH CA-24-07), is aimed at testing Callanquitas East and the sulfide veins/breccias with three drill holes: CA-25-18, CA-25-19, and CA-25-20. Drill hole CA-25-20 has returned partial results, with assays from the final 60 meters still pending.Drill hole CA-25-20 has identified three mineralized zones. The most significant includes an interval of 3.55 g/t Au and 205.5 g/t Ag over 4.2 meters, including 5.16 g/t Au and 306.0 g/t Ag over 2.0 meters. Additional assay results from the last section of this hole are pending. Drill hole CA-25-19 also intersected three mineralized zones, with the best interval returning 3.18 g/t Au and 257.7 g/t Ag over 11.1 meters, including 5.62 g/t Au and 428.0 g/t Ag over 5.2 meters. Drill hole CA-25-18 intercepted a mineralized section grading 1.53 g/t Au and 86.3 g/t Ag over 0.4 meters. At Callanquitas West, drill hole CA-25-17 intersected mineralization grading 5.00 g/t Au and 142.0 g/t Ag over 0.70 meters. (See Table 1).Drill hole CA-25-20 was oriented N43°E with a dip of -30°; drill hole CA-25-19 was oriented N50°E with a dip of -48°; drill hole CA-25-18 was oriented N65°E with a dip of -42°; and drill hole CA-25-17 was oriented N229°E with a dip of -44°. (See Plan View, Figure 1, and Sections, Figure 4). Drill hole CA-25-20 is located in the mixed-sulfide zone; CA-25-19 in the oxide-mixed-sulfide zone; CA-25-18 in the oxide zone; and CA-25-17 in the oxide zone. See intersections of the mineralized zones summarized in Table 1.Table 1 True width is approximately 70% of the drill widthThe drillhole CA-25-17 intercepted the Callanquitas West structure, located in the northern area of ​​the historic drilling, and carried out in 2017 and 2024. The interc...