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Altiplano Commences Underground Exploration at the Maria Luisa Historic Au-Cu Mine
Edmonton, Alberta--(Newsfile Corp. - November 9, 2021) - Altiplano Metals Inc . (TSXV: APN) (...
About this update from Altiplano Metals Inc.
[{"type":"text","content":"Altiplano Commences Underground Exploration at the Maria Luisa Historic Au-Cu MineEdmonton, Alberta--(Newsfile Corp. - November 9, 2021) - Altiplano Metals Inc. (TSXV: APN) (WKN: A2JNFG) (\"Altiplano\" or the \"Company\") is pleased to report on the activity at the Maria Luisa gold-copper (Au-Cu) mine located near Incahuasi, Chile.The Company recently obtained an Exploitation Permit to begin underground exploration and development work at Maria Luisa (see News Release 16/09/21). This permit provides the opportunity to begin the surface and underground work required to commence the decline tunnel. The Maria Luisa decline is designed to access gold-copper mineralized veins through multiple access points on multiple levels (See Figure 1). The Company is pleased to report that work at Maria Luisa has begun with site excavation and road work to support the construction of the decline. Initial work has begun also on the decline entrance where several rounds of drilling and blasting and have been completed.Highlights of this work include:Land excavation including completion of the road to the project site and mine opening;Leveling of the stockpile and waste pads;Preparation of construction sites for offices and future explosive magazine;Leveling of three platforms to support future exploration drilling; Drilling and blasting has begun at the decline entrance;Fortifying the decline entrance with rock bolts and meshing.To support the underground work, the Company has purchased a XC 928 Scoop with 1 m capacity bucket as part of the mining equipment. Additional equipment also includes compressors, jacklegs, generators, and vehicles. Office facilities will be completed in the next few weeks.CEO, Alastair McIntyre, comments, \"Maria Luisa provides an excellent opportunity to complement our operations at Farellon and add an additional revenue source. We are very pleased to get this project permitted and put a team on the ground in short order. This work is a testament to our in-country capabilities and expertise and focus on advancing projects.\"The Maria Luisa project location hosts good infrastructure required to support the surface exploration and underground development. This includes power located within 3 kms of the town of Incahuasi and accessible by paved road within 3 km of site. Adequate water supply is available which can be used f...