Altiplano Reports 2.97% Cu Over 4.86 Metres in Recent Drilling at Farellon

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[{"type":"text","content":"Altiplano Reports 2.97% Cu Over 4.86 Metres in Recent Drilling at FarellonEdmonton, Alberta--(Newsfile Corp. - December 13, 2021) - Altiplano Metals Inc. (TSXV: APN) (WKN: A2JNFG) (\"Altiplano\" or the \"Company\") is pleased to report assay results from an additional seven drill holes at its ongoing exploration drilling program at the Farellon copper-gold (Cu-Au) mine located near La Serena, Chile. Highlights18 holes have been completed at Farellon for a cumulative total of 3,261 metres of drilling. Assay results from 14 of the 18 holes drilled to-date have been received with 7 new holes reported as outlined in Table 1. (See news release dated 3 November 2021 for results from the initial seven holes). All additional holes have intersected the mineralized vein system at depth observed up to 24 m below the 360 km operational level and along the NE-SW strike extensions. Strong results were observed from Drill Station 2 yielding 2.97% Cu over 4.86 m and 1.12% Cu over 5.00 m (Figure 1.). Recent drill results further demonstrate the mineralized areas observed in the core are consistent with the mineralized areas of the upper zones of Farellon vein system that were previously drilled and consistent with ongoing mining operations. Since 2018, the grade at Farellon has averaged 1.74% Cu through sales of Cu-Au material extracted from the Hugo Decline.Exploration holes at Drill Station 3 display elevated copper and substantial iron content, demonstrating continuity of the mineralized system thus providing additional exploration upside to the southwest of existing workings.Drilling results in this area delineate high iron content that has been historically discarded as waste material. The El Péñon processing facility, currently in construction, will include an iron separation unit which will provide opportunity to capture significant secondary revenue from the sale of iron in future operations. Altiplano expects to utilize lower grade copper zones in the coming quarters with additional revenue expected from iron recovery.In the 14 reported intervals from the ongoing drill campaign, iron content ranges from 9.2% up to 70.6%, with an average value of 24.15%.The drill program has 2 holes remaining at Drill Station 2 to complete the program and will be mobilized to the Maria Luisa project to begin a new drill program to support the c...

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