Mr. John Thomas reports

PPX MINING ANNOUNCES INTERNAL SUBSIDIARY REORGANIZATION

In preparation to the start of construction, PPX Mining Corp. is actively working with UHY BSA Group to renew its accounting systems, update its operating platforms, organize budgeting and treasury activities, as well as to set up accounting and payroll outsourcing services. UHY BSA is the member firm in Peru of UHY International, which is a top global network of auditing, accounting, tax and consulting firms, with over 9,500 professionals in more than 340 business centres across 100 countries. Based in London, United Kingdom, with international comprehensive resources and capabilities, UHY International ranks as the 20th-largest accountancy network worldwide.

As mentioned in previous releases, the company is in the process of receiving its final permit to start the construction of a 350-tonne-per-day carbon-in-leach and flotation plant at its Igor project, next to the Callanquitas mine. This internal reorganization will allow the company to properly manage the capital cost to be spent during construction time and later, during operation.

In addition, the company plans to engage a human resource firm to assist PPX's subsidiaries with its human resource requirements and a quality management system consulting firm to set up the necessary internal procedures to operate the plant at the highest possible standard.

PPX is devoted to responsible mining practices, following Peruvian regulations and international legal framework, as well as committed to social engagements contracted with surrounding communities.

About PPX Mining Corp.

PPX Mining is a Canadian-based mining company with assets in northern Peru. Igor, the company's 100-per-cent-owned flagship gold and silver project, is located in the prolific northern Peru gold belt in eastern La Libertad department.

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