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PPX Mining Corp.
Summary
| Project: | Igor | |
|---|---|---|
| Deposit: | Tesoros | |
| Location: | Peru | |
| Commodities: | Gold-Silver | |
| Date: | 10/1/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 1-10-2018: PPX Mining Corp. announces an Exploration/Drilling Update report for its Tesoros deposit at the Igor project. Drilling results incl. 23.4m @ 0.51g/t Au, 38.7g/t Ag from 111.1m. Vancouver, British Columbia – October 1, 2018 – PPX Mining Corp. (t | |
| Resources: | (Resource, Inf.): 7.189Mt @ 1.94g/t Au, 71.8g/t Ag at project | |
| CP/QP: | [Overall Report]: Quentin J. Browne (Independent) | |
| ABSTRACT: | Vancouver, British Columbia – October 1, 2018 – PPX Mining Corp. (the "Company" or “PPX”) is pleased to announce that diamond core drilling at the Tesoros exploration target at its Igor Project has intercepted both high grade silver mineralization, 1.7 metres grading 640 gpt silver in drill hole TE-18-01, and thick zones of disseminated gold and silver mineralization: 23.4 metres grading 1.03 gpt Au Eq in drill hole TE-18-05. These results confirm the presence of significant gold and silver mineralization at Tesoros. Brian J. Maher, President and CEO of PPX Mining commented: “The discovery of high-grade silver mineralization opens up a new target for further exploration at Tesoros. Based on surface and underground sampling, as well as historic drilling, PPX was targeting low-grade disseminated mineralization; which was confirmed by the results from drill holes TE-18-01, -02 and -05. Now we have discovered a new zone of high-grade silver mineralization that opens up a new exploration target in the Tesoros area. The combined results of the Tesoros drilling program further underscores that the Igor Project has evolved into a multideposit, district scale mine development and exploration project.” | |
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