Altiplano Metals Inc. is pleased to announce that it has arranged a non-brokered private placement of up to 6,666,665 units at C$0.15 per Unit to raise up to C$1,000,000 in gross proceeds. Each Unit will consist of one common share and one non-transferable share purchase warrant of the Company. Each Warrant will be exercisable to acquire one additional common share for two years from the closing date of the Offering at a [...]
Altiplano Metals Inc. is pleased to report encouraging metallurgic lab test results for improved copper recoveries following magnetite separation of samples taken from low grade mineralized material at the historic Farellon Copper-Gold Mine near La Serena, Chile. CEO John Williamson stated, "During the past three months our technical team has been evaluating alternative processing methods to improve the metallurgic [...]
Altiplano Metals Inc. has concluded its bulk sampling program and is pleased to report the Q4 October - December results at the historic Farellon Copper-Gold Mine near La Serena, Chile. The program was designed to test viability of operations at Farellon based on the environment of lower copper prices that prevailed during the latter half of 2018. CEO John Williamson stated, "We are excited to achieve a positive quarter [...]
Altiplano Metals Inc. is pleased to report cash-positive operating results for months three and four of a six-month extraction plan designed to test viability of operations at the historic Farellon Copper-Gold Mine near La Serena, Chile. CEO John Williamson stated, "The Company has been applying grade control and selective extraction processes during this bulk sampling phase, which is planned to run into January 2019. Our [...]
Altiplano Metals Inc. is pleased to report results from a revised extraction plan designed to test viability of operations based on the current environment of lower copper prices, at the historic Farellon Copper-Gold Mine near La Serena, Chile. CEO John Williamson stated, "We would like to thank Salvatore Peralta for his contributions and wish him well in his Ph.D. studies. Since his departure, we have developed a [...]
Altiplano Metals Inc. has arranged interim bridge loan financing from various insiders and other private investors of the Company to raise a minimum of $100,000 and up to a maximum of $500,000. Under the terms of the financing, the Loans will bear interest at 10% per annum and will be repayable by the Company one year after their date of advance . The Company expects to repay the Loans on the Maturity Date from cash [...]
Altiplano Metals Inc. is pleased to report that proceeds to date from the sale of mineralized vein material have surpassed $500,000, partially funding the continued progress of its operations at the historic Farellon Copper-Gold Mine near La Serena, Chile, as the Company applies lessons and pursues opportunities identified from bulk sampling of the 395M Level to test the continuation of a high-grade zone to the 401M [...]
Altiplano Metals is pleased to announce that it has completed the purchase from Comet Exploration Inc. of all of Comet's 50% interest in the Farellon and Maria Luisa projects in Chile as previously announced . The final step to conclude the transaction was the approval of the demerger agreement by the Chilean tax authorities, which has now been granted. The Company has also entered into an agreement for the sale and [...]
Altiplano Metals Inc. is pleased to announce that it has arranged a non-brokered private placement of up to 4,000,000 units at C$0.25 per Unit to raise up to C$1,000,000 in gross proceeds. Each Unit will consist of one common share and one non-transferable share purchase warrant of the Company. Each Warrant will be exercisable to acquire one additional common share for two years from the closing date of the Offering at [...]
Altiplano Metals Inc. is pleased to report the results of the 5,000 tonne bulk sample of the 395M northeast zone at the historic Farellon Copper Gold Mine near La Serena, Chile. During the last quarter, the Company concluded the Bulk Sample with a total of 4,453 tonnes of copper-bearing material having been extracted from the 395M level. This material was sent to various processing facilities and sold as either [...]
Altiplano Metals Inc. is pleased to report on progress at the historic Farellon Copper-Gold Mine near La Serena, Chile. CEO John Williamson stated, "Our in-country team continues to advance exploration at Farellon with the goal of developing a long term plan. As new observations and data have become available, we have been continually evaluating extraction methods and processing options to form a basis for future [...]
EDMONTON, June 26, 2018 /CNW/ - Altiplano Minerals Ltd. is pleased to report evidence for a second stage of mineralization at the historic Farellon Copper Gold Mine near La Serena, Chile. CEO John Williamson stated, "We are excited to have discovered evidence suggesting the occurrence of a second stage of Cu mineralization at Farellon. Evidence for this new form of mineralization is indicated by chalcopyrite infilling [...]
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