Mr. Ernest Mast reports

PPX MINING APPOINTS VETERAN MINING EXECUTIVE ANDRES OSORIO ANAYA AS OPERATIONS MANAGER

PPX Mining Corp. has appointed Andres Osorio Anaya, MBA, mining engineer, MAusIMM, as operations manager, effective July 13, 2026.

Mr. Osorio Anaya will have executive responsibility for the company's operations in Peru, with his mandate being the completion, commissioning, ramp-up and operation of the company's new processing plant at the Igor project, and transition to commercial production. While underground mining operations at Igor are currently managed by the company's mining partner, Mr. Osorio Anaya will oversee PPX's technical management of the operation and work closely with the mining partner's management team to ensure mine development, production planning and ore delivery are fully integrated with the processing plant's operational requirements. He will also participate in the evaluation and implementation of future growth opportunities for PPX.

Mr. Osorio Anaya brings more than 34 years of international mining experience across Peru, Colombia, Mexico, Bolivia, Ecuador, Argentina and Nicaragua. He has held senior executive positions, such as general manager and vice-president of technical services, and has overseen project execution, mine and mill operations, engineering, permitting, operational excellence, and the commissioning of mining operations producing gold, silver, copper, zinc, lead and tin.

Most recently, Mr. Osorio Anaya served as senior project consultant with BISA, advising major mining companies throughout Latin America on underground mining projects, reserve evaluations, due diligence and mine expansions. Mr. Osorio Anaya has held senior executive positions with Compania de Minas Buenaventura, Aris Mining, Cormitoma S.A., Continental Gold Ltd., Endeavour Silver Corp., Glencore's Sinchi Wayra operations, Volcan Compania Minera and Centromin Peru.

Mr. Osorio Anaya holds a bachelor of science in mining engineering from the National University of Engineering (UNI) in Peru, a master of business administration from ESAN Graduate School of Business and a diploma in project management. He is a member of The Australasian Institute of Mining and Metallurgy, is a registered member of the Peruvian Institute of Engineers (CIP), and is fluent in English and Spanish.

Ernest Mast, president and chief executive officer of PPX Mining, commented: "I would like to welcome Andres Osorio to PPX. As we prepare to commission our processing plant and transition to commercial production, strengthening our operational leadership is a key priority. Andres brings extensive experience in developing, commissioning and optimizing mining operations across Latin America. His deep technical expertise, disciplined operational approach and proven leadership make him exceptionally well qualified to lead our operations in Peru as we focus on safe, efficient and profitable production."

About PPX Mining Corp.

PPX Mining is a Canadian mineral exploration and development company focused on advancing its Igor project in northern Peru. The company is developing a high-grade underground gold and silver mining operation while continuing to explore the significant resource potential of its extensive mineral concessions.

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