Mr. Ernest Mast reports

PPX MINING ANNOUNCES RESUMPTION OF DIAMOND DRILLING PROGRAM AT THE CALLANQUITAS MINE

PPX Mining Corp.'s Peruvian mining partner, Proyectos La Patagonia S.A.C. (PLP), has signed a drilling services contract with RAMPERU S.A.C. Servicios Generales to resume diamond drilling exploration activities at the company's flagship Callanquitas mine in northern Peru.

The drilling campaign marks the continuation of PPX's systematic exploration strategy aimed at expanding the known mineralization surrounding the Callanquitas deposit and advancing the company's understanding of the broader Igor project.

The drilling campaign will focus on testing extensions of known mineralized structures within the Callanquitas veins through HQ3 diamond drilling. Information collected during the program, including geological logging, structural data, core recovery and analytical results, will be used to refine the company's geological model and support future resource evaluation and mine planning activities.

The company expects mobilization activities to begin following the contractual advance payment and completion of site preparations, with drilling expected to continue over approximately nine months.

Program highlights:

• Initial diamond drilling program of approximately 4,860 metres using a modern Tecdrill H400E drill rig;
• Option to expand the campaign to approximately 9,810 metres through the addition of a second drill rig;
• Expected execution period of approximately 265 calendar days following mobilization;
• Comprehensive health, safety, environmental and operational standards;
• Daily technical reporting, borehole documentation and final technical acceptance procedures;
• PLP to provide site infrastructure, including access, water, power, fuel, accommodation and auxiliary equipment.

Ernest Mast, president and chief executive officer, commented: "The execution of this drilling contract represents another important milestone as we continue to grow and better define the Callanquitas mine. The exploration program is designed to further define and expand the high-grade mineralized system surrounding our existing resources while supporting our long-term mine development plans."

All scientific and technical information contained in this news release has been reviewed and approved by Dr. Warren Pratt, PGeo, technical adviser of PPX Mining, who is a qualified person as defined within the National Instrument 43-101.

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