- Altiplano Metals (APN) has intersected the 344-metre mining level at the Farellon copper-gold mine
- This work was part of the ongoing underground development of the Hugo Decline
- Cross cuts on the 344-metre mining level have intersected the Farellon Iron Oxide Copper Gold vein structure, with production headings now established in the northeast and southwest directions.
- Altiplano Metals Inc. (APN) was up 6.25 per cent, trading at C$0.17 per share at 11 am ET
Altiplano Metals (APN) has intersected the 344-metre mining level at the Farellon copper-gold mine.
This work was part of the ongoing underground development of the Hugo Decline.
Cross cuts on the 344-metre mining level have intersected the Farellon Iron Oxide Copper Gold vein structure, with production headings now established in the northeast and southwest directions.
Mining has begun along with benching operations continuing between the roofs and floors of the 352 and 360-metre levels.
Further development of the Hugo Decline to the 336-metre level is expected to begin in the next four weeks, with a time frame of eight weeks to reach the new targeted intersection.
Altiplano is also planning an underground drill program in the new year to intersect drill targets below the current workings. This program will be designed to increase geological confidence by extending the drilling intercepts in the Farellon vein system at depth and along strike.
The company’s CEO, Alastair McIntyre, commented that the operational advances continue underground at Farellon with the intersection of this new production level.
“The 344-metre level provides additional production capacity and continues with our focus on sustainability and grade control at Farellon.”
Altiplano Metals is a gold, silver, and copper company focused on the Americas. The Farellon copper-gold mine is located near La Serena, Chile.
Altiplano Metals Inc. (APN) was up 6.25 per cent, trading at C$0.17 per share at 11 am ET.
