PPX Successfully Completes First Stage of Permit Application Amendment and Appoints Engineering Firm

TORONTO, September 14, 2023 - PPX Mining Corp. (the "Company" or "PPX") further to our press release dated September 11, 2023, PPX, through one of its Peruvian subsidiaries, has successfully completed the filing of the F1 environmental permit application amendment before the GREMH-LL (Gobierno Regional de Minería e Hidrocarburos de la Libertad, Peru) to obtain environmental approval and be able to request the final construction permit (F2 technical file).

In addition, the Company has appointed JPC Estructuras y Concreto S.A.C. ("JPC"), a Peruvian firm with vast experience in the construction of beneficiation plants in Peru. JPC will complete the detail engineering of the CIL and flotation plant, which will serve among other things, to complete the F2 technical file portion of the permit application amendment.

John Thomas, CEO commented "following the completion of the environmental portion of permit amendment application, we are on track at this time with our permitting objectives. We expect JPC to complete its task during October, so we can finish the last portion of our permit amendment application that will allow us to initiate construction activities".

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
John Thomas
Chief Executive Officer
82 Richmond Street East
Toronto, Ontario M5C 1P1
Canada
416-361-0737

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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 test results, future plans or management estimates. Forward-looking statements are statements that relate to future events. In this context, forward-looking statements often address expected future business plans 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 similarexpressions. Forward-looking statements are subject to a number of known and unknown risks and uncertainties, many of which involve factorsor 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 in obtaining or inability to obtain any required regulatory approvals, if applicable. 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.