Altiplano Metals Inc. is pleased to announce that it has arranged a non-brokered private placement of up to 9,571,430 units at C$0.175 per Unit to raise up to C$1,675,000 in gross proceeds. Each Unit will consist of one common share and one 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 results from recent underground geological mapping and channel sampling at the historic Rosario Copper-Gold mine located 600 m southeast of the Farellon Copper-Gold vein system, near La Serena, Chile. During July, Altiplano's technical team conducted an underground mapping and sampling program along the NE trending vein structure. Samples were taken approximately 15 m apart [...]
Altiplano Metals Inc. is pleased to announce it has revised the terms of its earlier joint venture agreement into a production revenue sharing agreement at historical Maria Luisa gold-copper mine in Incahuasi, Chile, 100 km north of La Serena. The definitive agreement, expected within 90 days, provides Altiplano the opportunity to begin development work on the fully permitted operation where Altiplano can extract up to [...]
Altiplano Metals Inc. is pleased to report the Company has reached a Promissory Agreement with SBX Chile to purchase a mill and processing facility to support the Farellon mine . The Agreement, subject to final due legal diligence, involves the purchase of crushing and grinding equipment and a flotation plant with sufficient capacity to process 5,000 tonnes/month of production from the Company's Farellon mine. The Plant [...]
Altiplano Metals Inc. is pleased to report on the July 2020 production results 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 tonnes/month license and permit. Altiplano has been recovering Cu-Au mineralized material from an underground decline through a series of drifts. Since Q1 2018, the Company has extracted approximately [...]
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 [...]
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