- Altiplano (APN) reports 3.18 per cent Cu over 3.67 metres in recent drilling
- A total of 20 holes have been drilled at Farellon completing the program with a cumulative total of 3,634 metres of drilling
- All additional holes have intersected the mineralized vein system at depth observed up to 24 m below the current 360 m operational level
- Exploration holes at drill station 2 have yielded strong results below the existing workings in the NE section
- The average iron content from this was shown to be around 35.5 per cent
- Altiplano Metals Inc. (APN) is in the grey, trading at C$0.34 at 12:21 pm EST
Altiplano Metals Inc. (APN) reports assay results from five additional drill holes at the Farellon copper-gold (Cu-Au) mine located near La Serena, Chile.
A total of 20 holes have been drilled at Farellon completing the program with a cumulative total of 3,634 metres of drilling.
Assay results from all 20 holes drilled to-date have been received with six new holes reported.
All additional holes have intersected the mineralized vein system at depth observed up to 24 m below the current 360 m operational level and along the NE-SW strike extensions.
Exploration holes at drill station 2 have yielded strong results below the existing workings in the NE section, including new results reported at 3.18 per cent Cu over 3.67 m, 2.85 per cent Cu over 3.97 m and 3.24 per cent Cu over 2.68 m.
Previous reported results from this area include 2.97 per cent Cu over 4.86 m.
In the 20 reported intervals from the completed drill campaign, the average iron content is 35.5 per cent.
CEO, Alastair McIntyre, comments: “Our positive drill data provides the confidence to continue the underground expansion of our operations to target these newly confirmed mineralized zones.”
“In addition, we will use this information to conduct a comprehensive review to realize improvements in grade control and development efficiency to further enhance our operations at Farellon,” added McIntyre.
With the completed Farellon drill program, the company-owned drill rig was recently moved to Maria Luisa to prepare for an approximately 5,000-metre surface and underground exploration drilling program.
Altiplano has generated over US$7,200,000 from the recovery and sale of 3.597 million pounds of copper with an average grade of 1.74 per cent Cu.
Altiplano Metals is a growing gold, silver, and copper company focused on the Americas.
Altiplano Metals Inc. (APN) is in the grey, trading at C$0.34 at 12:21 pm EST.