APN: TSX-V
EDMONTON, Sept. 25, 2017 /CNW/ - Altiplano Minerals Ltd.
(TSX-V: APN) (OTCQB:ALTPF) (FWB: 9AJ1) ("APN" or the
"Company") is pleased to provide an update at the Company's
Comet Joint Venture, the Farellon Copper-Gold Project, Tambillos,
Chile.
To date, the CJV has advanced the 3.5 m high by 3.5 m wide adit
approximately 360 m at a 15% decline from surface. In addition, the
CJV has installed a vent raise, escape way up to the Alejandro
tunnel, completed fortifying the tunnel entrance with rock bolts,
wire mesh and shotcrete for safety, and the completion of 18
additional diamond drill holes from the decline.
The CJV has now intersected the Farellon Cu-Au vein system over
255 m in strike length and it remains open (Figure 1). Along the
255m length the vein averages approximately 1.5 m in width. The
average grade of the 1.5 m wide zone is approximately 1.5% Copper
ranging between 1 and 2.56%. The best intersects thus far are in
hole 7, grading 2.28% Cu over 2.9m and hole 19 grading 2.56% Cu
over 1.56m. Gold assays are still pending.
Pattern drilling will continue along strike from 320-400m down
the decline into October and then infill around the higher- grade
intercepts will be conducted for resource estimation and
planning.
Altiplano Minerals Ltd. (APN: TSX‐V) is a
mineral exploration company focused on evaluating and acquiring
projects with significant potential for advancement from discovery
through to production, in Canada
and abroad. Management has a substantial record of success in
capitalizing opportunity, overcoming challenges and building
shareholder value. Additional information concerning
Altiplano can be found on its website at
www.altiplanominerals.com.
ON BEHALF OF THE BOARD
/s/ "John Williamson"
President and CEO
Tel: (780) 437-6624
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the (TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
This release includes certain statements that may be deemed
"forward-looking statements". All statements in this release, other
than statements of historical facts, that address exploration
drilling, exploitation activities and events or developments that
the Company expects are forward-looking statements. Although the
Company believes the expectations expressed in such forward-looking
statements are based on reasonable assumptions, such statements are
not guarantees of future performance and actual results or
developments may differ materially from those in the
forward-looking statements. Factors that could cause actual results
to differ materially from those in forward-looking statements
include market prices, exploitation and exploration successes,
continuity of mineralization, uncertainties related to the ability
to obtain necessary permits, licenses and title and delays due to
third party opposition, changes in government policies regarding
mining and natural resource exploration and exploitation, and
continued availability of capital and financing, and general
economic, market or business conditions. Investors are cautioned
that any such statements are not guarantees of future performance
and actual results or developments may differ materially from those
projected in the forward-looking statements. For more information
on the Company, investors should review the Company's continuous
disclosure filings that are available at
www.sedar.com.
SOURCE Altiplano Minerals