Altiplano Metals Inc V.APN

Alternate Symbol(s): ALTPF

Metals & Mining Gold

Altiplano Metals Inc. is a gold, silver, and copper company focused on the Americas. The Company has a diversified portfolio of assets that include exploration projects, a developing copper/gold/iron mine and an operating copper/gold and iron processing facility. It is focused on exploration and development of the Santa Beatriz copper-gold mine situated in Chile’s copper-rich iron oxide copper gold belt (IOCG). The Santa Beatriz Mine is located two kilometers (km) by road from the existing operation at the Farellon Copper-Gold Mine near La Serena, Chile. The El Penon processing facility located 15 km from the Farellon mine was built to recover copper, gold, and iron in support of the mineralized material produced at Farellon. It also owns two new mineral concessions, Socorro III and Regalo, adding an additional 229 hectares to the Company's 308 hectare land package. This expanded land package is situated within 15 km south of the El Penon processing plant.

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Altiplano Metals Inc

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Post by frankmanon May 03, 2025 11:15am

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Post# 36559799

APN owns their own drill rig and Santa Beatriz mine

Altiplano has just completed drilling with its own rig the lower levels to determine if they want to take material for processing at the plant. Assay results should come out in a few weeks. See April 29th news release. Previous sampling showed January 15th 2025

Bulk sampling has begun and will focus on the western section of the historical Cu-Au-Fe underground mine (see Figure 1).
- Approximately 300 tonnes have been mined in the first week of January
The underground mining team is focused on removing mineralized material in the vein structure from above the exposed previously mined zones.
- This area yielded 2.45 m with 3.65 % Cu; 0.29 g/t Au; and 26.97 % Fe which includes a 1.08 m sample that yielded 8.08% Cu, 0.63g/t Au, and 39.49% Fe as reported in the May 27, 2024 news release.
Extraction tonnage is planned at 500 tonnes per month increasing to 1,000 tonnes per month while the assessment of the production potential and mine expansion is being completed.

2025-04-29 | Altiplano Confirms Santa Beatriz Vein at Depth and Along Strike with Massive Chalcopyrite Intercepts | TSXV:APN | Press Release.

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The drill program has been designed specifically to confirm the continuity of mineralization along strike and down dip within the Santa Beatriz vein system to support ongoing underground development. This type of program is ideally suited for use with the Company's owned drill rig that can be efficiently mobilized to obtain cost effective results.

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