PPX Mining Update on Equipment Installation at Site

PPX Mining Corp. announced a significant milestone in the development of its Igor Project located in northern Peru, with the commencement of metal-mechanical equipment installation on August 25, 2025. The equipment, sourced from Xinhai, represents the first stage of the plant construction activities at the site.

This development marks a crucial transition from the construction phase to operational preparation for PPX Mining, demonstrating tangible progress toward bringing the Igor Project online. The installation of processing equipment indicates that the project is advancing through its capital development timeline, moving closer to production readiness.

The progress at Igor Project represents an important step forward for PPX Mining's operational expansion in Peru's mining sector. Equipment installation is typically one of the final major phases before commissioning and eventual production, suggesting that the company is approaching key operational milestones. This advancement should be viewed positively by stakeholders as it demonstrates execution of the company's development strategy and progression toward revenue generation from the Peruvian asset.