Alti­plano JV starts cross­cut devel­op­ment at Farel­lon

Stockwatch Daily - - MINES & METALS - Mr. John Wil­liamson re­ports

ALTI­PLANO MIN­ER­ALS Ltd.’s Comet joint ven­ture (CJV) has ap­proved plans to ex­pe­dite ad­vanced ex­plo­ration at the his­toric Farel­lon cop­per-gold (Cu-Au) mine. At Farel­lon, the CJV has com­menced devel­op­ment of cross­cuts towards the Cu-Au vein sys­tem. The CJV has en­gaged a Cana­dian and a Chilean min­ing en­gi­neer­ing firm and a Chilean min­ing con­trac­tor to con­sider pos­si­ble fu­ture min­ing meth­ods. The CJV is com­menc­ing bulk sam­pling to fur­ther eval­u­ate the po­ten­tial for high-grade Cu-Au min­er­al­iza­tion and col­lect rock qual­ity data. In prepa­ra­tion, the CJV has com­menced sourc­ing of un­der­ground min­ing equip­ment and ad­di­tional per­son­nel.

Chief ex­ec­u­tive of­fi­cer John Wil­liamson stated: “We are ex­cited by re­cently re­ported re­sults as the grades and widths are con­sis­tent with, or ex­ceed, ex­pec­ta­tions de­rived from the his­tor­i­cal data. With the ad­di­tion of key con­sul­tants and con­tin­ual re­fine­ment of man­age­ment pro­cesses and meth­ods, we are rapidly eval­u­at­ing the po­ten­tial at Farel­lon. Our vi­sion for our Chilean projects is that we will con­tinue to val­i­date ad­di­tional po­ten­tial.”

As part of its con­tin­u­ing pro­gram, the CJV is car­ry­ing out the rec­om­men­da­tions con­tained in the APEX re­port of Feb. 10, 2017, filed on SEDAR for the ex­plo­ration devel­op­ment of the Farel­lon project and is also re­ly­ing upon past pro­duc­tion records, un­der­ground sam­pling and re­lated ac­tiv­i­ties and cur­rent di­a­mond drilling to es­ti­mate grade and widths of the min­er­al­iza­tion. There are no min­eral re­sources or re­serves on the prop­erty and the cur­rent min­eral ex­plo­ration ac­tiv­i­ties are in­tended to be part of a pro­gram to de­ter­mine if min­eral re­sources can be iden­ti­fied.

Os­baldo Zamora Vega, PGeol, vice-pres­i­dent of ex­plo­ration for Alti­plano, is the qual­i­fied per­son as de­fined in Na­tional In­stru­ment 43-101 who has re­viewed and ap­proved the tech­ni­cal con­tents of this press re­lease.

About Alti­plano Min­er­als Ltd.

Alti­plano Min­er­als is a min­eral ex­plo­ration com­pany fo­cused on eval­u­at­ing and ac­quir­ing projects with sig­nif­i­cant po­ten­tial for ad­vance­ment from dis­cov­ery through to pro­duc­tion in Canada and abroad.

We seek Safe Har­bor.

Jamie Hut­ton, Sean Richard Wil­liam Mager, Ian An­drew McPher­son, Trust Co Olympia, John Wil­liamson, Jeremy Yase­niuk

(APN) Shares: 35,066,312

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