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Altiplano Re-Commences Shipment under a Revised Processing Agreement, Updates Exploration Programs at Historic Farellon and Maria Luisa Mines
Altiplano Re-Commences Shipment under a Revised Processing Agreement, Updates Exploration ...
About this update from Altiplano Metals Inc.
[{"type":"text","content":"\n\n\n\nAltiplano Re-Commences Shipment under a Revised Processing Agreement, Updates Exploration Programs at Historic Farellon and Maria Luisa Mines\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, March 2, 2018\n\n\n\nAPN: TSXV The ALTPF: OTCQB9AJ1: FWB\n\n\n\nEDMONTON, March 2, 2018 /CNW/ - Altiplano Minerals Ltd. (TSX-V:APN) (OTCQB:ALTPF) (FWB:9AJ1) (\"APN\" or the \"Company\") is pleased to update advancements in our exploration below the historic Farellon and Maria Luisa Cu-Au mines, La Serena, Chile.\n\nThe Company recently completed a revised processing agreement (\"Padron\") which includes the payments for gold and copper.  Commencing February 26, 2018, APN resumed shipments of the remaining 1,054 tonnes of the initial 2,000 tonne bulk sample.  During the period of February 16 to February 28, 2018, the Company also commenced removal of a 5,000 tonne bulk sample, of which over 600 tonnes of Cu-Au vein material was stockpiled for processing.  Shipment of this material will be initiated following the completion of the initial 2,000 tonne bulk sample. \n\nAt the Farellon Project, the Company anticipates opening of crosscuts from the decline at the 408, 414, 421 and 427.5M levels, above the current 395M sublevel, to intersect the vein for mapping and channel sampling.  Horizontal exploration drifts will be developed at the levels 408 and 421M for systematic sampling and mapping in preparation for a resource estimate.  Information obtained from detailed surveying, drilling and 395M level drift sampling and mapping has been sent to APEX Geoscience Ltd. to determine a possible initial resource for the Farellon Project.  APN expects to receive an updated 43-101 Technical Report within the next six to eight weeks. \n\nThe Company also commenced a detailed 5.4 km ground magnetic geophysical survey over the Farellon, Laura, and Rosario Cu-Au vein systems during February.  The detailed geophysical surveys, in conjunction with detailed surface and underground mapping, will aid in the evaluation of the known high-g...