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Altiplano Reports 2.54% Copper over 5.5m from Ongoing Exploration Drill Program at Farellon
Edmonton, Alberta--(Newsfile Corp. - November 3, 2021) - Altiplano Metals Inc . (TSXV: APN)...
About this update from Altiplano Metals Inc.
[{"type":"text","content":"Altiplano Reports 2.54% Copper over 5.5m from Ongoing Exploration Drill Program at FarellonEdmonton, Alberta--(Newsfile Corp. - November 3, 2021) - Altiplano Metals Inc. (TSXV: APN) (WKN: A2JNFG) (\"Altiplano\" or the \"Company\") is pleased to report on assay results from the first 7 drill holes of its ongoing exploration drilling program at the Farellon copper-gold (Cu-Au) mine located near La Serena, Chile.Highlights8 holes were completed for a total depth of 1,857 m Assay results were received from 7 of the 8 holes and range in grades from 0.63% Cu to 2.54% Cu over a range of widths from 1.70m to 5.50m. The highest observed grade yielded 2.54% Cu over 5.5m (See Figure 1. Assay Results)Continuity of the Farellon Vein System at depth has been confirmed with holes intersecting the Farellon Vein System up to 28 metres below the current 360 m development level and 198 m below surface (See also News Release dated 13 October 2021). Mineralized areas analyzed in the drill core are consistent with mineralized areas of the upper zones of Farellon vein system that were previously drilled and consistent with observations from the ongoing mining of the vein system. Since 2018, the grade at Farellon has averaged 1.77% Cu through sales of Cu-Au material extracted from the Hugo Decline. Iron grades are also consistent with previous analysis and support the opportunity for iron recovery using magnetic separation. Drilling has completed an additional 4 holes on the second drill pad to the NE intersecting the vein system. These 4 holes demonstrate similar mineral properties to previous drilling including confirmation of the vein extension along strike and down dip. Drilling has now moved to Drill Pad 3 to complete the drill programCEO Alastair McIntyre comments \"I am pleased to see continuity of the vein along strike and down dip from our current workings in structure, and now confirmed with grade. Assay results from these seven holes are very similar to grades that we observed in our previous drill program at higher levels and from the recovery of copper through our mining operations.\"Figure 1. Assay ResultsDDH*From (m)To (m)Width**Fe %Au ppmCu %21FND039187.94192.104.1632.800.040.6321FND040184.82187.702.8831.550.081.6521FND041184.35188.504.1536.390.132.2321FND046194.95196.651.7038.990.031.0621FND047193.20197.604.4030.700.040.7821FND048194.6...