PPX Mining Corp Reports High-Grade Gold and Silver from Callanquitas Exploration

PPX Mining Corp announced the discovery of significant gold and silver grades from their latest exploration at Callanquitas, located in the breccia zones of Callanquitas East and West. The Toronto-based mining firm detailed results from three newly drilled holes, showcasing substantial mineral intersections.

The highest gold grade reported was 18.93 g/t Au from drillhole CA-24-10, along with 34.7 g/t Ag over a span of 0.9 meters. A nearby hole, CA-24-09, revealed 3.33 g/t Au and 11.5 g/t Ag over 0.45 meters. Another, CA-24-08, which targeted the Callanquitas East breccia zone, intersected 2.27 g/t Au and 169.7 g/t Ag over a 1.30-meter section. These discoveries confirm the continuation of mineralization both along strike and at depth.

CEO John Thomas expressed optimism regarding the results and the potential for further high-grade intersections in future explorations. These findings underscore the ongoing success of PPX's strategic exploration initiatives to expand their understanding of the mineral-rich zones within their project area.

The company also highlighted their rigorous QA/QC protocols in sampling and analysis, adhering to high standards to ensure the reliability of their exploration data. PPX Mining plans to continue exploration with a second phase scheduled for the second quarter of 2024, aiming to delineate the precise geometry of the mineral deposits.