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An announcement from PPX Mining ( (TSE:PPX) ) is now available.
PPX Mining Corp. has announced an extension of its diamond drilling program at the Callanquitas Gold-Silver Deposit, increasing the total planned drilling from 2,300 meters to 4,200 meters. This decision, made in collaboration with Proyectos La Patagonia S.A.C., aims to expand the mineral resource base by exploring the Callanquitas West structure and a high-grade sulfide ore zone. The extended program, estimated to cost US$1,215,000, will utilize underground drilling to enhance efficiency and reduce permitting delays, potentially strengthening PPX’s industry positioning and resource estimates.
More about PPX Mining
PPX Mining Corp. operates in the mining industry, focusing on the exploration and development of gold and silver deposits. The company’s primary project is the Callanquitas Mine, where it collaborates with Proyectos La Patagonia S.A.C. to expand its mineral resource base.
Average Trading Volume: 82,369
Technical Sentiment Signal: Buy
Current Market Cap: C$42.25M
For an in-depth examination of PPX stock, go to TipRanks’ Stock Analysis page.