Peruvian precious metals announces name change to ppx mining – junior mining network

Vancouver, British Columbia (FSCwire) – PPX Mining Corp., formerly Peruvian Precious Metals Corp. Trade definition economics (the ” Company”), announces that the Company has received TSX Venture Exchange approval for the Company to change its name to “PPX Mining Corp.”, which was approved by a resolution of the directors of the Company in accordance with the Company’s articles. Direct trade definition The Company expects the name change to be effected on Friday, August 5, 2016. What is trade agreement definition The Company’s shares will continue to trade under the symbol “PPX”. Definition for trademark The CUSIP number assigned to the Company’s shares following the name change is 69354U100 (ISIN: CA69354U1003).

The Company has changed its name to PPX Mining Corp. Definition international trade in order to emphasize our transition from a pure exploration company to an emerging precious metal producer, joining its peers of active gold and silver miners. Trade price definition In the months ahead, PPX Mining Corp.


Definition of trade show (“PPX”) will be developing its underground mine at the Igor Project, Mina Callanquitas, in partnership with Proyectos La Patagonia (“PLP”). What is local trade definition As previously announced, preparatory work is already underway with equipment, workers, and material being mobilized to the mine site. International trade definition PPX is no longer solely focused on gold and silver resource expansion, we are now expanding the scope of our business and are in the process of verifying the mining, metallurgical, and economic characteristics of the Callanquitas resource. Balance trade definition Utilizing data gathered from our operations at Mina Callanquitas, in the coming months the Company intends to complete an updated Technical Report to facilitate an objective production decision for the project. Trade work definition PPX is evolving and growing, and we look forward to our future as a fully integrated mining company and precious metal producer.

In order to fully evaluate production opportunities and development scenarios, the test mining and bulk sampling program at Mina Callanquitas has multiple objectives:

1. Trade publishing definition Establish base-line costs for underground mining at Callanquitas. Trade imbalances definition Real-life costs underground will enable PPX to produce an accurate cost estimate for future development and exploitation of the Callanquitas resource. Trade finance definition Instead of relaying on estimates, the Company can utilize a cost structure derived from actual mining operations at Mina Callanquitas.

2. Trade in goods definition Metallurgy. Trade publications definition By utilizing bulk samples of mineralized material, PPX Mining Corp. Concept of international trade definition can verify results from earlier bench-scale metallurgical testing. Trade job definition Critical metallurgical data, e.g. Definition of free trade in economics gold and silver recoveries, reagent consumption, work indices, etc., based on the processing multi-tonne samples, will enable the Company to fine-tune the processing flow sheet for its own processing plant.

3. Simple explanation of fair trade Grade distribution and mine optimization. Trade payable definition Underground extraction of bulk samples will enable the Company to verify its resource estimate and simultaneously quantify grade distribution: The existing resource model suggests that lower grade portions of the resource may be suitable for mining and processing by lower cost heap leaching methods.

The initial program of test mining at Igor will consist of developing access to the Callanquitas resource on the 3390 and 3440 levels of Mina Callanquitas. The definition of trade winds The ramps will be 2.4 by 2.4 metres in dimension and access the initial areas for stope development in the upper portion of the Callanquitas structure. Trade marketing definition Stopes will be conventional cut and fill slusher stopes in the narrower part of the structure, and mechanized cut and fill when the minable width exceeds 1.5 metres. Trade out definition Following development of the 3390 and 3440 levels, additional access will be completed on the 3340 and 3290 levels.

All scientific and technical information in this press release has been reviewed and approved by Quentin J. Trade off economics definition Browne, P.Geo., Independent Consulting Geologist to Peruvian Precious Metals, who is a qualified person under the definitions established by National Instrument 43-101.

Neither the 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.

Certain disclosure in this release, including statements regarding the terms of the private placement, the possible completion of the private placement and the intended use of proceeds from the private placement, may constitute “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and Canadian securities legislation. Free trade economics definition In making the forward-looking statements in this release, the Company has applied certain factors and assumptions that the Company believes are reasonable, including that the Company is able to obtain any required regulatory approvals to complete the Company’s planned private placement, that the Company is able to complete the private placement, and that the Company will be able to use the proceeds from the private placement as intended. Trade and industry definition However, the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. What is trade finance definition Such uncertainties and risks are detailed from time to time in the Company’s filings with the appropriate securities commissions, and may include, among others, that the private placement will not complete, market conditions, and delays in obtaining or failure to obtain required regulatory approvals or financing. Barriers to trade definition There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Trade investment means Readers are cautioned not to place undue reliance on forward-looking statements. Definition of domestic trade The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.

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