Altiplano Metals Inc. is pleased to announce that it has accelerated and fully repaid $800,000 in outstanding loans payable to certain arm's length investors of the Company pursuant to a debt financing that closed on March 24, 2020 . In addition, the Company has made the final installment payment of $100,000 to Comet Exploration Ltd., thus eliminating the 10% net profits interest due to Comet from profits derived from [...]
Altiplano Metals Inc. is pleased to announce that it has closed and oversubscribed its previously announced non-brokered private placement , as described in its press release dated March 8, 2021, pursuant to which it has issued an aggregate of 12,300,000 units at $0.25 per Unit for gross proceeds of $3,075,000. Each Unit consists of one common share of the Company, and one-half non-transferable share purchase warrant to [...]
A correction from source is issued for the news release disseminated on March 5, 2021. The news release has been corrected for the Warrant accelerator price. The corrected release follows: Altiplano Metals Inc. is pleased to announce that it has arranged a non-brokered private placement of up to 10,000,000 units at C$0.25 per Unit to raise up to C$2,500,000 in gross proceeds. Each Unit will consist of one common share and [...]
Altiplano Metals Inc. is pleased to announce that it has arranged a non-brokered private placement of up to 10,000,000 units at C$0.25 per Unit to raise up to C$2,500,000 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 two years from the closing date of the [...]
Altiplano Metals Inc. is pleased to report on the January 2021 production results of from the Farellon Copper-Gold mine located near La Serena, Chile. During January 2021, Farellon produced approximately 3,480 tonnes of mineralized Cu/Au material at an approximate grade of 1.8% copper with shipments for processing totaling 2,770 tonnes. January revenue generated US$220,000 from the sale of 151,960 pounds of copper [...]
Altiplano Metals Inc. is pleased to provide an update of the civil works and site preparation progress at the Company's copper-gold-iron processing plant. The facility is located at El Peñón, near La Serena, Chile and approximately 15 km from the Company's Farellon Copper Gold mine. Alastair McIntyre, CEO, comments, "I am pleased to report that the work at the APN El Peñón Processing Plant is progressing well. We have [...]
Altiplano Metals Inc. is pleased to report on the Q4 2020 production results from the Farellon Copper-Gold mine located near La Serena, Chile. During Q4, 2020, the Company extracted a total 11,685 tonnes of mineralized Cu/Au material at Farellon and processed 9,150 tonnes at an average grade of approximately 1.68% Cu. Copper sales of 322,000 pounds generated US$580,000 in revenue. Total mined tonnes improved in Q4 [...]
Altiplano Metals Inc. is pleased to report on the November 2020 production results from the Farellon Copper-Gold mine located near La Serena, Chile. During November 2020, Farellon produced approximately 4,030 tonnes of mineralized Cu-Au material at an approximate grade of 1.80% copper with shipments for processing totaling 3,157 tonnes . Revenue in November was approximately US$215,000 generating a marginal increase from [...]
Altiplano Metals Inc. is pleased to provide a summary of the Company's activity in 2020 and forward looking activities as catalyst of growth for 2021 from the Company CEO, Alastair McIntyre. Figure 1. Jumbo operating at Farellon To view an enhanced version of this graphic, please visit: https://orders.newsfilecorp.com/files/4303/71639_3bc13db3a4282bf3_001full.jpg Happy New Year 2021 to our shareholders, stake holders [...]
Altiplano Metals Inc. is pleased to report the Company has expanded underground development at the Farellon Copper-Gold mine located near La Serena, Chile to reach the new access point at the 376 m level and has expanded the 382 m SW development heading. The Company also reports that it has begun engineering studies in anticipation of upgrading the ventilation system to improve equipment and personnel efficiencies [...]
Altiplano Metals Inc. is providing an update to its scheduled Annual and General Meeting of Shareholders with respect to the COVID-19 pandemic. In complying with federal and provincial guidelines and regulations, the AGM scheduled to take place on December 18, 2020, will take place entirely by virtual means to ensure the health and safety of all participants. The proxy and voting cut-off date of 11:00 AM, Wednesday [...]
Altiplano Metals Inc. is pleased to report that the recently acquired mill and processing plant have been relocated to the Company's mill site, situated 15 km north of the Farellon Mine. The Company has also acquired an adjoining land package suitable for expanding the Company's processing capacity. CEO Alastair McIntyre comments, "We have worked diligently to ensure that our processing facility is best suited for our [...]
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