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Altiplano Begins Advance to the 352 m Level at Farellon and Completes Ventilation Upgrades
Edmonton, Alberta--(Newsfile Corp. - December 7, 2021) - Altiplano Metals Inc . (TSXV: APN)...
About this update from Altiplano Metals Inc.
[{"type":"text","content":"Altiplano Begins Advance to the 352 m Level at Farellon and Completes Ventilation UpgradesEdmonton, Alberta--(Newsfile Corp. - December 7, 2021) - Altiplano Metals Inc. (TSXV: APN) (WKN: A2JNFG) (\"Altiplano\" or the \"Company\") is pleased to provide an update on the underground mining activity at the Farellon Copper-Gold (Cu-Au) mine located near La Serena, Chile.Underground work has begun on the Hugo Decline to expand to the next targeted working heading at the 352 m level. The extension will require 60 m to reach the operational level and a further 15 m to reach the iron oxide copper gold vein system. To date, 14 metres have been completed. The decline extension is designed to provide two additional mining access points along the NE and SW drifts and, in the future, provide access to remove the mineralization from the roofs and floors of the 360 m level above (Figure 1). This work is part of the ongoing underground development and sustainability initiatives at Farellon. To support upgraded ventilation, improvements to surface and underground infrastructure were completed in early December. This work involved the installation of a 125 HP fan at the entrance of the Almendro tunnel and the sealing of existing underground openings from previously mined areas. The plan consists of a redesigned airflow that injects fresh air through the Almendro tunnel where this air flow will descend and reach numerous production headings at lower levels. The new system will provide the opportunity to conduct two blasts per day and improve the operational time of equipment and manpower underground.CEO Alastair McIntyre commented, \"Increased operational efficiencies generated from the upgraded ventilation and further expansion underground are part of the ongoing development and sustainability activities at Farellon. With our mill construction on pace to be completed in Q1 2022, this work is designed in advance to maximize the output and grade from our mining activities at Farellon in preparation of the facility's completion.\"Figure 1. Illustration of Underground Operations at FarellonTo view an enhanced version of Figure 1, please visit:https://orders.newsfilecorp.com/files/4303/106910_5d4fc384645a59a4_001full.jpg*The decision to commence production on the Farellon deposit is not based on a feasibility study of mineral reserves demonstrating eco...