Business
Altiplano Commences Shipment of Bulk Sample Material for Processing, Commissions Independent Resource Report
Altiplano Commences Shipment of Bulk Sample Material for Processing, Commissions Independe...
About this update from Altiplano Metals Inc.
[{"type":"text","content":"\n\n\n\nAltiplano Commences Shipment of Bulk Sample Material for Processing, Commissions Independent Resource Report\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nEDMONTON, Jan. 19, 2018\n\n\n\nAPN: TSXVThe ALTPF: OTCQB9AJ1: FWB\n\n\n\nEDMONTON, Jan. 19, 2018 /CNW/ - Altiplano Minerals Ltd. (TSX-V:APN) (OTCQB:ALTPF) (FWB:9AJ1) (\"APN\" or the \"Company\") is pleased to announce that it has commenced shipment of material from its ongoing initial bulk sampling program at the historic Farellon Copper-Gold Mine near La Serena, Chile, to a government-owned regional toll mill for processing.\n\nThe initial bulk sampling program aims to extract and process 2,000 tonnes of Cu-Fe-Au mineralized vein material from the 395M exploration level, which is 50 metres below the historic Farellon Mine workings. To date, APN has extracted approximately 1,700 of the 2,000 tonnes; shipped 600 tonnes for processing; and expects to continue shipping 50-100 tonnes per day for processing until the program is complete.\n\nAPN will compare results from this initial 2,000 tonne bulk sample with chip sample results released January 9, 2018 and with results of the 2017 drill programs in order to make further refinements in the extraction process before undertaking a 5,000 tonne bulk sample program. This assessment will also feed into an independent resource report commissioned January 15, 2018. \n\nCEO John Williamson stated, \"Our team is excited about the potential that we are rapidly uncovering at the historic Farellon Copper-Gold Mine and about the prospects of applying our experience to accelerate the development there, as well as at the historic Maria Luisa Copper-Gold Mine. Upon completion of the current 2,000 tonne program, we intend to carry out a further 5,000 tonne bulk sample program in order to assess the processes and costs of extracting and delivering 5,000 tonnes per month. We look forward to advancing these projects and to delivering results for our shareholders in 2018 and beyond.\" \n\nDuring January 2018, APN is continuing to review and implement upgrades ...