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Altiplano Provides Activity Update at the El Penon Processing Facility and Reports on First Shipments of Copper-Gold-Iron Material

Edmonton, Alberta--(Newsfile Corp. - April 4, 2022) - Altiplano Metals Inc . (TSXV: APN) (W...

articleAltiplano Metals Inc.April 4, 20225/company/altiplano-metals/news/altiplano-provides-activity-update-at-the-el-penon-processing-facility-and-reports-on-first-shipments-of-copper-gold-iron-material
Altiplano Provides Activity Update at the El Penon Processing Facility and Reports on First Shipments of Copper-Gold-Iron Material

About this update from Altiplano Metals Inc.

[{"type":"text","content":"Altiplano Provides Activity Update at the El Penon Processing Facility and Reports on First Shipments of Copper-Gold-Iron MaterialEdmonton, Alberta--(Newsfile Corp. - April 4, 2022) - Altiplano Metals Inc. (TSXV: APN) (WKN: A2JNFG) (\"Altiplano\" or the \"Company\") is pleased to report on the ongoing construction activity at the El Peñón processing facility being built to support copper-gold-iron production from the Farellon mine located near La Serena, Chile.HighlightsThe first shipments of the stock-piled material from the Farellon Mine have begun, in anticipation of the completion of the El Peñón processing facility. A total of 1,440 tonnes will be moved to the new processing site over a two week period. To date 400 tonnes have been received at the plant site.This material contains an estimated 1.1% copper and 40% iron which will be used as a test feed to begin the processing circuit.Further updates on the construction progresses at the facility include:Ongoing testing of the crushing, milling and copper-gold flotation concentrate circuit. Installation of the magnetic separation equipment has began following the completed civil work (cement pads).Construction of the analytical laboratory is at near completion.Installation of the Cu concentrate dewatering equipment has begun with the assembly of the thickener tanks.The Cu and Fe concentrate and dry stack tails storage areas have been completed in anticipation of receiving the final concentrate and tails.Next steps include:Test run of the Cu-Au flotation circuit with the stock-piled low grade recently shipped to the site. Installation and connection of the control room (early April).Final installation of dewatering equipment (early April).Connection of electrical to the main grid expected in late April/early May. A generator with adequate capacity will be used until the utility company completes this work.First test Cu - Au concentrate produced (early May)Testing and completion of the magnetic separation and drying processes in MayPresident and CEO Alastair McIntyre comments, \"It is exciting to see the final stages of the processing facility coming together with most of the major engineering tasks completed. The final connections and test runs soon to be completed prepares us for full operation this quarter. El Peñón output will be well timed to ...

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