Business
Altiplano Reports on Progress at the El Peñón Processing Plant and Purchases Equipment to Improve Productivity and Reduce Environmental Footprint
Edmonton, Alberta--(Newsfile Corp. - February 18, 2021) - Altiplano Metals Inc . (TSXV: APN) ...
About this update from Altiplano Metals Inc.
[{"type":"text","content":"Altiplano Reports on Progress at the El Peñón Processing Plant and Purchases Equipment to Improve Productivity and Reduce Environmental FootprintEdmonton, Alberta--(Newsfile Corp. - February 18, 2021) - Altiplano Metals Inc. (TSXV: APN) (WKN: A2JNFG) (\"Altiplano\" or the \"Company\") is pleased to provide an update of the civil works and site preparation progress at the Company's copper-gold-iron processing plant. The facility is located at El Peñón, near La Serena, Chile and approximately 15 km from the Company's Farellon Copper Gold mine.Alastair McIntyre, CEO, comments, \"I am pleased to report that the work at the APN El Peñón Processing Plant is progressing well. We have completed most of the required civil work in preparation for the next phase of assembling the plant. We anticipate this phase will begin shortly pending final permitting approval. I am also pleased to report that the Company has purchased a new magnetic separator and tailings dewatering circuit designed to increase productivity and minimize our environmental footprint. This circuit will convert 45% of the tailings into high value saleable iron with the recovery of approximately 1,850 tonnes/month of 61.5% Fe2O3 through a magnetic separation process. In addition, the dewatering circuit will reduce our freshwater consumption by 75% further improving efficiencies.\"To date the Company has completed the following work:Purchased and transported the crushing and flotation plant to the plant site, including:bin for 120 tonnes of material for crushing.3 crushers.5 conveyor belts. 2 bins for milling process (each for 60 tonnes of capacity).Two mills of 1500 x 3000 tonne capacity @ up to 9 t/h. Two hydrocyclone separators for material size selection.Two flotation units with 15 cells each. All the control panels, pumps and motors included. Completed 10 hectares of land preparation - surveying, leveling, removing rocks and vegetation. Perimeter enclosure fence completed with 24/7 security monitoring.Power lines and transformers installed with an electrical capacity of 1 MW. Excavation for water lines has begun. Trucking road and 2500 tonne capacity storage pads completed.Concrete bases have been completed to support the construction of the warehouse and plant including concrete bases to support the two ball mills.Magnetic separation plant...