Altiplano Metals Inc. is pleased to report on the Q2 2020 results of the ongoing bulk sampling program from the historic Farellon Copper-Gold mine located near La Serena, Chile. Farellon is a high-grade Iron-Oxide-Copper-Gold system with a 5,000 t/m license and permit. Altiplano has been conducting and ongoing underground bulk sampling program where the Company has extracted approximately 2.1 million pounds of copper with [...]
Altiplano Metals Inc. is pleased to report strong results from the ongoing bulk sampling program from the historic Farellon Copper-Gold mine located near La Serena, Chile. Farellon is a high-grade Iron-Oxide-Copper-Gold system with a 5,000 t/m license and permit. Altiplano has been conducting and ongoing underground bulk sampling program where the company has extracted approximately 1.7 m pounds of copper with an average [...]
Altiplano Metals Inc. announces that the 86.5 m Hugo decline extension has reached the planned 382 level and the crosscut has intersected the Farellon Vein system as anticipated. The 382 level is 13 meters below the previous deepest workings at the 395 level. Development will continue drifting both northeast and southwest on vein on both the 382 and 389 levels, with associated raises for stoping. Alastair McIntyre, CEO [...]
Altiplano Metals Inc. announces that it and its auditors are relying on the extension provided by Canadian securities regulators as a result of the COVID-19 pandemic regarding the deadline for filing and delivering its audited financial statements and MD&A for the fiscal year ended December 31, 2019. The Company expects that this extension will be brief, and is working with its auditors to file its Financials no later [...]
Altiplano Metals Inc. is pleased to provide an update on progress and report the Q1 January to March 2020 results at the historic Farellon Copper-Gold Mine near La Serena, Chile. Since Q1 2018, Altiplano has extracted, processed and sold between 2,499 and 7,988 tonnes of copper material averaging 5,300 tonnes per quarter at Farellon Mine. This material has averaged between 1.25% and 1.97% copper per quarter with and [...]
Altiplano Metals Inc. , is pleased to announce that it and Comet Exploration Ltd. have negotiated an amendment to the terms of the 10% net profits interest , which is capped at $1.5 million, due to Comet from profits derived from its Chilean projects under the purchase agreement. . Alastair McIntyre, CEO commented "We are pleased to conclude this amended agreement with Comet. The strategic decision to amend the NPI [...]
Altiplano Metals Inc. , is pleased to announce that it has closed its debt financing to raise $800,000 in loans from certain arm's length investors of the Company further to its press release on January 8, 2020. Under the terms of the Debt Financing, the Loans were advanced in escrow until a total of at least $1.25 Million was raised pursuant to this Debt Financing, or any other financings of the Company. As announced on [...]
Altiplano Metals Inc. is pleased to announce that is it has closed the second and final tranche of 3,166,666 units of its previously announced private placement offering of up to 8,333,333 units at an offering price of $0.06 per Unit , to raise gross proceeds under the two closings of $500,000. Each Unit consists of one common share and one-half non-transferable share purchase warrant of the Company. Each whole Warrant [...]
Altiplano Metals Inc. the Company is pleased to announce an increase of its non-brokered private placement for up to 8,333,333 units at C$0.06 per Unit for gross proceeds of $500,000 . Each Unit will consist of one common share and one-half non-transferable share purchase warrant of the Company. Each whole Warrant will be exercisable to acquire one additional common share for two years from the closing date of the [...]
Altiplano Metals Inc. is pleased to announce that management has recommenced advancement of the Hugo decline which currently accesses the 401M and 395M underground extraction levels at the Company's historic Farellon Copper-Gold Mine near La Serena, Chile. The advancement of the decline will continue over the next few months and will provide access to deeper parts of the Farellon Cu-Au vein system, which was intersected [...]
Altiplano Metals Inc. is pleased to announce that, further to the announcement on January 8th it has arranged a non-brokered private placement of up to 6,666,666 units at C$0.06 per Unit to raise up to C$400,000 in gross proceeds. Each Unit will consist of one common share and one-half non-transferable share purchase warrant of the Company. Each whole Warrant will be exercisable to acquire one additional common share for [...]
Altiplano Metals Inc. is pleased to report the Q4 October - December 2019 results at the historic Farellon Copper-Gold Mine near La Serena, Chile. Chief Executive Officer Alastair McIntyre stated, "We are pleased to report that Farellon continues to generate a positive operating margin from our ongoing underground bulk sampling program. This will be our fifth straight quarter of positive results from the Chilean operation [...]