en.Wedoany.com Reported - PPX Mining has announced the restart of diamond drilling exploration activities at the Callanquitas mine in northern Peru. The mining company stated that its Peruvian partner, Proyectos La Patagonia S.A.C. (PLP), has signed a drilling services contract with RAMPERU S.A.C. Servicios Generales. This new operation is part of the company's exploration strategy, aimed at expanding the known mineralized zones around the deposit and enhancing geological understanding of the Igor project.

The exploration work will focus on evaluating the extent of identified mineralized structures within the Callanquitas vein through HQ3 diamond drilling. The information obtained, including geological records, structural data, core recovery rates, and laboratory results, will help refine the company's geological model and support future resource assessments and mining planning.

The company stated that mobilization will begin immediately after payment of the contractually agreed advance and completion of site preparation. The drilling operation is expected to last approximately nine months. A Tecdrill H400E drill rig is planned for an initial drilling program of approximately 4,860 meters, with the potential to expand operations to nearly 9,810 meters by adding a second rig. Health, safety, environmental, and operational standards will be applied during the operation, with daily technical reports and technical acceptance procedures submitted. PLP will be responsible for providing the infrastructure required for the operation, including access roads, water, electricity, fuel, accommodation, and auxiliary equipment.

PPX Mining Chairman and CEO Ernest Mast emphasized the significance of this new project development. He stated that executing this drilling contract represents another important milestone, with the exploration program aimed at further defining and expanding the high-grade mineralization system around existing resources, while supporting the company's long-term mining development plans.