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Altiplano Receives Approval for Industry Leading Water Recovery Circuit and Iron Separation at the El Peñón Processing Facility
Edmonton, Alberta--(Newsfile Corp. - December 16, 2021) - Altiplano Metals Inc . (TSXV: APN) ...
About this update from Altiplano Metals Inc.
[{"type":"text","content":"Altiplano Receives Approval for Industry Leading Water Recovery Circuit and Iron Separation at the El Peñón Processing FacilityEdmonton, Alberta--(Newsfile Corp. - December 16, 2021) - Altiplano Metals Inc. (TSXV: APN) (WKN: A2JNFG) (\"Altiplano\" or the \"Company\") is pleased to provide an update on the construction phase at the El Peñón processing facility to support the Farellon Iron-Oxide-Copper-Gold (Cu-Au) mine located near La Serena, Chile. The Company is pleased to report the application to incorporate an iron separator (designed to recover high value iron oxide) and a high efficiency water recovery circuit (designed to produce dry tailings), has been approved by the Chilean mining authority. Addition of this equipment into the processing circuit provides the opportunity to capture high value iron which can be sold to generate a secondary income and, with the removal of the iron, reduce the overall tailings output by 50%. The dewatering stack will generate a dry tailings product that can be moved and stored in an environmentally efficient manner which replaces the need for a conventional tailings dam system. In addition, the de-watering stack circuit will reduce the overall freshwater consumption needed at the plant by approximately 75%. The equipment has been newly manufactured and will be delivered from storage in Chile to the site next week. Civil work such as pad levelling, electrical, and plumbing is underway in preparation to install the equipment.CEO Alastair McIntyre comments \"We are pleased to receive this important approval as the next step in completing our processing facility. With our processing design, APN will be one of the first companies in the Chilean small mining sector to implement an industry-leading environmental process focussed on water conservation and waste reduction. Water is an important resource in Chile and our process is designed to preserve this precious resource. I believe our best practice approach to sustainable mining and environmentally friendly processing will minimize our footprint and establish APN as a leader in the Chilean small mining sector.\"Plant DescriptionThe APN processing facility will employ modern high efficiency flotation circuits that focus on the recovery of copper and gold while also utilizing a magnetic separation system for the recovery of ma...