PPX Mining Opens Informative Office at Igor Township

TORONTO, June 26, 2023 - PPX Mining Corp. (the "Company" or "PPX") is pleased to announce that it has opened an informative office at the Igor township, located in La Libertad, Peru to inform the community about the changes to the environmental impact study of its Igor Project associated to the modification of the original plant configuration as indicated in previous releases. ACOMISA, the Company's consultant managing the permitting process is required to comply with a community consultation before filing the changes to the existing construction permit for the processing plant that the Company plans to build. The office will be operating for three consecutive weeks, a term that can be extended at request of the community. During these weeks, the Company will be distributing information packages and holding participation workshops with members of the community and authorities from the regional Ministry of Energy and Mines.

In 2018, the Igor community granted favourable opinion in respect to its original environmental impact study and the relationship between the community and the Company has been cordial and respectful during these years, with mutual benefits to both parties. During this time, the Company funded and managed the construction of various community projects and promoted several events well described in the Company's website.

About PPX Mining Corp:

PPX Mining Corp. (TSX.V:PPX.V, BVL:PPX) is a Canadian-based mining company with assets in northern Peru. Igor, the Company's 100%-owned flagship gold and silver project, is located in the prolific Northern Peru gold belt in eastern La Libertad Department.

On behalf of the Board of Directors
Brian Imrie
Executive Chairman
82 Richmond Street East
Toronto, Ontario M5C 1P1
Canada
416-361-0737

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statement:

This press release contains forward-looking information and forward-looking statements (collectively, "forward-looking statements") as such terms are defined by applicable securities laws, including, but not limited to statements regarding its financial results and future plans. Forward-looking statements are statements that relate to future events. In this context, forward-looking statements often address expected future business and financial performance and often contain words such as "anticipate," "believe," "plan," "estimate," "expect," and "intend,", statements that an action or event "may," "might," "could," "should," or "will" be taken or occur, or other similar expressions. Forward-looking statements are subject to a number of known and unknown risks and uncertainties, many of which involve factors or circumstances that are beyond the Company's control, and the Company's actual results could differ materially from those stated or implied in forward-looking statements due to many various factors. Such uncertainties and risks include, among others, delays or inability to execute/obtain the necessary financing for its plans. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee that the events and circumstances reflected in the forward-looking statements will be achieved or occur. The timing of events and circumstances and actual results could differ materially from those projected in the forward-looking statements. Accordingly, one should not place undue reliance on forward- looking statements. All forward-looking statements contained in this press release are made as of today's date, and the Company undertakes no obligation to update or publicly revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless required by law.

SOURCE: PPX Mining Corp.