Slide 1: Discovery and Development: Tomorrow's Future
Discovery and Development: WWW.PPXMINING.COM Tomorrow's TSX.V: PPX Future BVL.PPX
Slide 2: Forward Looking Statements and Cautionary Disclaimer
Forward Looking Statements and Cautionary Disclaimer Except for the statements of historical fact contained herein, the information presented constitutes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve k
Slide 3: Our Vision
Our Vision • Aggressively explore our Igor Project in northern Peru • Grow existing 730,500 Au Eq ounce resource at Callanquitas* • New large, shallow low-grade discovery at Portachuelos • Drilling to begin at Tesoros • Igor is evolving into a multi-deposit district scale project • Advance Mina Call
Slide 4: Discovery and Development
Discovery and Development: Our successful exploration drilling campaign: • Thick, high grade intercepts define open mineralized shoots at Callanquitas: 12.6m at 8.34 gpt Au, 207 gpt Ag (11.10 gpt Au Eq) in CA-17-86 • New shallow, large scale low-grade breccia zone discovered at Portachuelos: CA-18-9
Slide 5: Upcoming Milestones
Upcoming Milestones • Complete ten year community agreements to allow Q1 2018 underground mine exploitation and exploration - DONE • Receive permits to construct heap leach processing facility designed for future expansion Q2 2018 • Complete PFS, update resource estimate, outline the economics of a
Slide 6: La Libertad District: Northern Peru
La Libertad District: Northern Peru #1 Gold Producer in Latin #2 Silver Producer in the World Top Tier Mining America #2 Copper Producer in the World #6 Gold Producer in the World #3 Zinc and Tin Producer in the World Jurisdiction WWW.PPXMINING.COM TSX.V: PPX BVL.PPX
Slide 7: IGOR Geologic Setting
IGOR Geologic Setting • Au and Ag mineralization is hosted by Cretaceous sedimentary rocks along high angle structures and large breccia zones. • Association with Miocene age porphyry system supports large scale target concept • Over 7,400 meters of mineralized structure, host to high grade Au and A
Slide 8: IGOR: Tremendous Upside Potential
IGOR: Tremendous Upside Potential Elevation 3800 Metres Domo Test Mining and Bulk Sampling Program Callanquitas Tesoros Village Igor Elevation 3000 Metres WWW.PPXMINING.COM TSX.V: PPX BVL.PPX 8
Slide 9: Total Land Package 1300 Hectares
Total Land Package 1300 Hectares Underground development Village Callanquitas Callanquitas and test mining Domo Village Igor Portachuelos Tesoros Existing Inferred Resources: 7.2 mt at 1.94 gpt Au and 71.8 gpt Ag (3.16 gpt Au Eq) containing 730,500 oz Au Eq* *Please see Technical Report, amended Sep
Slide 10: Phase One Drilling Results
Phase One Drilling Results • New high grade shoot discovered on section NW4780 (CA-17-87): Callanquitas 5.5m grading 8.46 gpt Au and 104 gpt Ag (9.85 gpt Au Eq) • Thick intercept of high grade along section NW4690 (CA-17-86): 12.6m grading 8.34 gpt Au and 207 gpt Ag (11.10 gpt Au Eq) • New thick low
Slide 11: Portachuelos Discovery
o j j o j j F F j jj j Fo o  o  j jjj jjjjjjjj j o j j o o o o j o o o  jj  j ± Portachuelos Discovery oo o o 52 45 o48 56 91 91 91 91 o 32 o 53 53 53 53 45 E E 20 30 40 50 o 25 00 00 o 0 0 0 0 06 08 N N N N 78 78 E 00 91 53 ? 10 j 10 F1 78 0 N • Drill hole CA-18-94, intercepted 40.2 metres 56 o
Slide 12: Portachuelos Discovery: Confirms the District-Scale Potential of Igor
Portachuelos Discovery: Confirms the District-Scale Potential of Igor • Portachuelos is a new discovery, previously undrilled, with the potential to add significant new Au and Ag resources to the Igor Project • Located over 800 metres south of the Callanquitas resource • Mineralization has been trac
Slide 13: Callanquitas Long Section
Callanquitas Long Section CA-17-88 opens up NW4870 & N4925 CA-17-85 1.9m @ 9.74 gpt Au Eq Open Open Open Open Open Open Drilling has help define a northerly rake to higher Au and Ag grades (“shoots”), demonstrated grade continuity and opened up multiple areas for resource expansion (contoured Au Eq*
Slide 14: Callanquitas Section NW4690
Callanquitas Section NW4690 • Drilling on section section NW4690 confirms thickness, grade and geometry of high grade mineralized shoot: 12.6m grading 8.34 gpt Au and 207 gpt Ag (11.10 gpt Au Eq) including 3.3m grading 27.72 gpt Au and 242 gpt Ag (30.97 gpt Au Eq) • Individual assays within this int
Slide 15: Callanquitas Section NW4780
Callanquitas Section NW4780 • Drilling has identified a new high grade shoot that remains open at depth • Au and Ag grades are increasing at depth in conjunction with thickness • Thick intervals of lower grade material (2-3.5 gpt Au Eq) may offer future mining optionality • High grade core of struct
Slide 16: Exploration Target: Domo
Exploration Target: Domo • Northeast-trending structures and related mantos host high grade gold and silver mineralization. • Surface sampling includes over 25 high grade channel samples that range in grade from 16.0 to 50.4 gpt Au • Historic drilling cut 2.8m grading 12.6 gpt Au, 303 gpt Ag (16.6 g
Slide 17: Exploration Target: Tesoros
Exploration Target: Tesoros • Seventeen historic drill holes totaling 1769m were completed at Tesoros, an area of historic production dating to the Colonial era • Significant drill intercepts: • 2.0m grading 8.0 gpt Au and 113 gpt Ag (drill hole 7A) • 75.2m grading 3.1 gpt Au and 109 gpt Ag (4.55 gp
Slide 18: Exploration Target: Tesoros
Exploration Target: Tesoros • Gold and silver mineralization are hosted by north-trending structures with thick zones of brecciation associated with porphyry dacite dikes over a strike length of > 1000m • Surface sampling includes over eleven high grade surface channel samples that range in grade fr
Slide 19: Test Mining and Bulk Sampling Program on Igor
Test Mining and Bulk Sampling Program on Igor 4 MINA CALLANQUITAS Underground test mining and bulk Sampling Test mining and bulk sampling occurs on the Igor 4 concession, the only portion of the project subject to the RIVI streaming contract. Mine is fully permitted for up to 350 tonnes/day WWW.PPXM
Slide 20: High Bulk Sample Grades, Good Recoveries, Simple Grade Control
High Bulk Sample Grades, Good Recoveries, Simple Grade Control • Over 12,000 tonnes of bulk sample averaging 8.30 gpt Au have been processed, 5,409 tonnes have been stockpiled grading approximately 5 gpt Au • Gold recoveries consistent, ranging up to 91%, confirming metallurgical test work • Ground
Slide 21: High Grade Underground Channel Sampling
High Grade Underground Channel Sampling 780801 E 780821 E 780841 E 780861 E 5.4 gr/t 9.1 gr/t Fault breccia with 22.7 gr/t subangular sandstone Ocherous quartz and quartzite clasts, vein with OxFe and 31.1 gr/t matrix with panizo 22 channel samples average 18.7 channels of breccia 50.6 gr/t 9154321
Slide 22: Igor Development Infrastructure
Igor Development Infrastructure Acquired site 2 km from mine for future processing facilities Upgraded road to access Malin processing plant, reducing transit time and cost WWW.PPXMINING.COM TSX.V: PPX BVL.PPX 22
Slide 23: Permitting Underway For Processing Plant
Permitting Underway For Processing Plant • 350 metric tonne/ day heap leach processing facility including crushers, heap leach pads, Merrill-Crowe precious metal recovery plant, and support facilities. Permits expected Q2 2018. PREPARADO PARA: TITULAR: INGENIERÍA CONCEPTUAL DEL PROCESAMIENTO DEL MIN
Slide 24: Excellent Infrastructure and Accessibility
Excellent Infrastructure and Accessibility Trujillo • The Igor project is located 158 kilometers from the destination city of Trujillo. Second largest city in Peru, with over a million people. Location• Trujillo has its own international airport and sea port for easy access. • PPX has grid power to
Slide 25: We are Committed to our Communities
We are Committed to our Communities • Economic development • Sustainable programs • Open communication • Healthy & safe work environment • Ethical conduct • Respect for human rights Team WWW.PPXMINING.COM TSX.V: PPX BVL.PPX 25
Slide 26: Growing With Our Neighbors-New Ten Year Commitment
Growing With Our Neighbors-New Ten Year Commitment • Employment Opportunities: • Long term employment for Callanquitas and Igor communities • Completing long term exploration and exploitation permits Education: • Growth through agricultural education, providing the community with seeds & cui, and tr
Slide 27: Why PPX? Sound Strategy for Value Creation
Why PPX? Sound Strategy for Value Creation Exploration: Drilling on the Callanquitas structure has confirmed resource grades and identified new high grade shoots • New Portachuelo low grade breccia zone discovered 800 metre south of Callanquitas – potential for significant resource expansion • Drill
Slide 28: PPX Capital Structure
PPX Capital Structure TSX.V Toronto Stock Exchange BVL Venture Bolsa de Valores: Peru SSE Santiago Stock Exchange Total Shares Outstanding: 447.9 M FD: 589.6 M Market Capitalization: Cdn$40.3M FD: Cdn$53.1M Ave. Trading Volume (TSX, BVL, SSE; 3 mos.): >520,000 shares/day Key Shareholders: Peruvian I