from PPX Mining Corp (isin : CA69354U1003)
PPX Continues to Deliver Outstanding Exploration Results with up to 22.13 g/t gold and 5063.3 g/t silver
TORONTO, ON / ACCESSWIRE / May 14, 2024 / PPX Mining Corp. (the "Company" or "PPX") is pleased to announce that in May 2024 the underground sampling of level 2970 was carried out with 16 channels cut on the sulfide vein (Callanquitas East tensional vein). The mineralization in these channels is closely associated with the assays obtained with the drillhole CA-24-07 (high Au, Ag, and Cu grades). These channels intercepted the same tensional veins at a higher elevation. The last two channels, to the North, obtained spectacular results in Au and Ag assays and vein thickness. Just as channel C7 assayed 3.76 g/t Au and 2853.1 g/t Ag over 1.9m; channel C6 assayed 22.13 g/t Au and 718.0 g/t Ag over 0.5m; a central channel C12 assayed 17.73 g/t Au and 447.3 g/t Ag over 1.35m; to the South channel C14 assayed 9.55 g/t Au and 1236.0 g/t Ag over 0.85m. There is a Cu anomaly in one channel C5 assaying 2.22% Cu, 18.56 g/t Au and 4160.6 g/t Ag over 0.3m. The Table N°01 below shows the 16 channels with their grades, channel lengths and thickness of the sampled vein.
Table N°01
Channels Sampling | From (m) | to (m) | *Length (m) | Average Grades | Breccia/Vein | Total Length (m) | Orientation / dip | |||
Au (g/t) | Ag (g/t) | **Au Eq (g/t) | Cu % | |||||||
C7 | 0 | 1.90 | 1.90 | 3.76 | 2853.1 | 34.89 | 0.38 | Vein Tensional C. East (Sulfides S°) | 1.9 | 47/0 |
Included | 0 | 1.00 | 1.00 | 5.16 | 5063.3 | 60.40 | 0.61 | |||
C6 | 0.7 | 1.20 | 0.50 | 22.13 | 718.0 | 29.96 | - | Vein Tensional C. East (Sulfides S°) | 1.8 | 47/0 |
C5 | 0.5 | 0.8 | 0.30 | 18.56 | 4160.6 | 63.95 | 2.22 | Vein Tensional C. East (Sulfides S°) | 1.2 | 47/0 |
C4 | 0.5 | 0.80 | 0.30 | 9.69 | 349.0 | 13.49 | - | Vein Tensional C. East (Sulfides S°) | 1.4 | 47/0 |
C3 | 0.5 | 1.70 | 1.20 | 2.97 | 193.9 | 5.09 | - | Vein Tensional C. East (Sulfides S°) | 2.3 | 47/0 |
C2 | 0.3 | 2.00 | 1.70 | 1.00 | 389.7 | 5.25 | - | Vein Tensional C. East (Sulfides S°) | 2 | 47/0 |
Included | 1.5 | 2.00 | 0.50 | 0.54 | 1125 | 12.81 | - | |||
C1 | 0.7 | 1.60 | 0.90 | 5.31 | 168.7 | 7.15 | - | Vein Tensional C. East (Sulfides S°) | 2 | 47/0 |
Included | 0.7 | 1.10 | 0.40 | 11.75 | 34.5 | 12.13 | - | |||
C8 | 0.7 | 1.20 | 0.50 | 6.74 | 45.2 | 7.23 | - | Vein Tensional C. East (Sulfides S°) | 2.8 | 69/0 |
C9 | 0.8 | 2.25 | 1.45 | 5.76 | 519.0 | 11.42 | - | Vein Tensional C. East (Sulfides S°) | 2.8 | 56/0 |
C10 | 0.8 | 1.65 | 0.85 | 6.33 | 89.6 | 7.31 | - | Vein Tensional C. East (Sulfides S°) | 2.25 | 69/0 |
Included | 0.8 | 1.25 | 0.45 | 9.02 | 48.3 | 9.54 | - | |||
C11 | 0.5 | 1.40 | 0.90 | 3.12 | 171.0 | 4.99 | - | Vein Tensional C. East (Sulfides S°) | 1.9 | 69/0 |
C12 | 0.5 | 1.85 | 1.35 | 17.73 | 447.3 | 22.61 | - | Vein Tensional C. East (Sulfides S°) | 2.45 | 69/0 |
C13 | 1 | 1.70 | 0.70 | 5.60 | 205.4 | 7.84 | 0.15 | Vein Tensional C. East (Sulfides S°) | 2.25 | 69/0 |
Included | 1.4 | 1.70 | ||||||||