Toronto, ON / Access Newswire / March 26, 2025 – PPX Mining Corp. (TSX.V:PPX) (BVL:PPX) is making significant strides in its development of the Igor Project in Peru, as the company announces that major plant equipment purchased from Shandong Xinhai Mining Technology & Equipment Inc. is now ready for shipment. This milestone marks a crucial step in the construction of a 350 tons per day (tpd) Carbon in Leach (CIL) and flotation plant, which is set to enhance the company’s operational capabilities and gold and silver recovery rates.
Equipment Overview
The equipment being shipped is integral to the processing plant’s functionality, designed to optimize the extraction of precious metals from mined ore. The shipment includes:
Crushing Plant Units: This includes a feeder, jaw crusher, cone crusher, vibrating screen, and conveyors. These units will effectively reduce ore to a particle size of less than 12 mm, facilitating further processing.
Auxiliary Equipment: Metal detectors and an electromagnet will be employed to eliminate tramp steel, ensuring the integrity of the processing equipment and the quality of the final product.
Belt Weigh Scale: This will allow for precise measurement of the ore being processed, contributing to efficient operations.
Ball Mills: Two ball mills, each measuring 7 feet in diameter and 12 feet long, will be utilized to further reduce the ore particle size to 80% less than 150 microns. This is essential for liberating gold and silver minerals from the ore.
Flotation Cells and Filter Press: These components will be crucial for recovering flotation concentrate as a filter cake, enhancing the overall recovery process.
Pumps and Thickener: Additional pumps and a thickener are also included in the shipment, further supporting the processing capabilities of the plant.
All major motors for the mills and crushers are sourced from reputable manufacturers such as WEG and Siemens, ensuring reliability and efficiency in operations.
Advanced Processing Techniques
PPX Mining Corp. is employing cutting-edge technology to maximize metal recovery. The CIL circuit will leach oxide ore, with expected recovery rates of 85-90% for gold and 50-60% for silver. For sulfide ore, the liberated minerals will be recovered through flotation, producing a high-grade concentrate that is readily marketable.
The company has also opted for a “Pressure Zadra Elution” process for recovering gold and silver from the activated carbon produced in the CIL circuit. This method, combined with electrowinning, will yield Dore Bullion, an alloy of gold and silver that will be refined further outside of Peru to meet “Good Delivery” standards.
Local Partnerships and Construction Progress
PPX Mining Corp. has partnered with a reputable Peruvian company for the supply of leach tanks and agitators, ensuring that local expertise is leveraged in the project. The motors and gearboxes for this equipment are manufactured in Germany, combining local knowledge with international quality standards.
John Thomas, CEO of PPX Mining Corp., expressed enthusiasm about the progress, stating, “This is a major milestone in our plant planning schedule. Civil construction is progressing and should be largely ready when the equipment arrives at the site.” This statement underscores the company’s commitment to timely project execution and operational readiness.
About PPX Mining Corp.
PPX Mining Corp. is a Canadian-based mining company with a focus on gold and silver assets in northern Peru. The Igor Project, the company’s flagship asset, is strategically located in the prolific Northern Peru gold belt in the La Libertad Department. With a dedicated team and a clear vision, PPX is poised to make a significant impact in the mining sector.
Conclusion
The readiness of major equipment for shipment marks a pivotal moment for PPX Mining Corp. as it advances its Igor Project. With a robust plan in place and cutting-edge technology at its disposal, the company is well-positioned to enhance its operational efficiency and maximize the recovery of precious metals. As the project progresses, stakeholders and investors alike will be keenly watching the developments that unfold in the coming months.
For further information, please contact:
John Thomas
Chief Executive Officer
PPX Mining Corp.
82 Richmond Street East
Toronto, Ontario M5C 1P1
Canada
416-361-0737
This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from those anticipated.
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