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Altiplano Completes Technical Review and Submits Exploitation Permit Application at Maria Luisa
Edmonton, Alberta--(Newsfile Corp. - June 14, 2021) - Altiplano Metals Inc . (TSXV: APN) (WKN...
About this update from Altiplano Metals Inc.
[{"type":"text","content":"Altiplano Completes Technical Review and Submits Exploitation Permit Application at Maria LuisaEdmonton, Alberta--(Newsfile Corp. - June 14, 2021) - Altiplano Metals Inc. (TSXV: APN) (WKN: A2JNFG) (\"Altiplano\" or the \"Company\") is pleased to provide an update on the progress at the historical Maria Luisa gold-copper mine. The Maria Luisa project is located within the Atacama Region 100 km north of La Serena in Incahuasi, Chile.The Company is pleased to report that technical work has been completed to develop an underground exploration and development plan at the historical Maria Luisa gold - copper mine. The Company is also pleased to announce that the exploitation permit application along with the design details have been submitted to government mining authority, Servicio Nacional de Geologia y Mineria (SERNAGEOMIN) to support the commencement of this work.CEO, Alastair McIntyre commented, \"I am pleased that our positive technical review has been completed for Maria Luisa and we have begun the application process to support the underground development work. Maria Luisa presents a great opportunity to explore and develop a high-grade Au-Cu deposit from underground while leveraging further upside exploration opportunities on the project, in particular to the north-east where we recently sampled 8.73 g/t gold over 5.75 metres from underground workings. I am also pleased announce the appointment of our new mining engineer Aaron Kemp as a recent addition to the Chilean team to manage this process.\"The technical plan is designed to reach gold-copper mineralized veins through multiple access points on multiple levels through a decline system. The work involves constructing a decline that will enter at the southwest corner of the property and advance in a southeast direction for approximately 350 metres to intersect the mineralized zone beneath the historical workings (Figure 1.). In this zone, over 600 tonnes were recovered from selective mining between 2013-2015 yielding an average grade of 6.85 grams per tonne (g/t) and 1.89 percent (%) Copper. In addition, historical work utilizing surface and underground sampling and mapping conducted by ENAMI between 1998 and 1999, generated a historical resource that ranges from 200,000 to 400,000 tonnes with a range of grades of 1.5% Cu and 2 g/t Au to 2.5% Cu and 5 g/t Au*Figure 1. Plan ...