Altiplano Announces Drill Program at Santa Beatriz
Altiplano Metals Inc.
250 Southridge NW, Suite 300
Edmonton, AB
Canada
T6H 4M9
Altiplano Announces Drill Program at Santa Beatriz
EDMONTON, February 18th, 2025- Altiplano Metals Inc. (TSXV: APN) (WKN: A2JNFG) (“Altiplano” or the
“Company”) is pleased to announce a diamond drilling program at the historic Santa Beatriz iron- oxide-
copper-gold (IOCG) mine. Santa Beatriz is located approximately 45 kilometers south of La Serena, Chile,
and 13 kilometers south of the El Peñón processing plant.
The drill program will consist of a minimum of four holes averaging 125 meters per hole targeting the
Santa Beatriz main vein (Figure 1). The primary objective is to confirm the continuity of the vein below the
lowest historically mined level (Level 416). Additionally, the program aims to assess mineralization
continuity and grade consistency 25 to 40 meters below Level 416, where previous underground channel
sampling yielded positive results (News Release - May 27, 2024) (Figure 2).
Results from this drill program, combined with the ongoing bulk sampling data ( News Release - January
15, 2025), will be used to s upport an evaluation to construct a decline to access at least three deeper
extraction levels at Santa Beatriz. Expanding mining operations to lower levels could enhance Cu -Au-Fe
mineralized material production and increase supply for the El Peñón processing facility. Seven additional
untested IOCG veins are hosted within the Santa Beatriz concession that are also future drill targets. The
mine is situated within Chile’s copper -rich IOCG belt, specifically in the Tambillos District, a well- known
mining region.
President and CEO Alastair McIntyre comments:
“We are excited to take this next step of technical review at Santa Beatriz. Th e drill program has been
designed specifically to confirm the continuity of mineralization along strike and down dip within the
Santa Beatriz vein system to support ongoing underground development. This type of program is ideally
suited for use with the Company’s owned drill rig that can be efficiently mobilized to obtain cost effective
results.”
Figure 1: Plan view showing planned DDH, channel samples, and underground geology of level 416.
Altiplano Metals Inc.
250 Southridge NW, Suite 300
Edmonton, AB
Canada
T6H 4M9
Figure 2: Longitudinal along the Sta Beatriz main vein showing historic levels of production, projected
channel samples, and planned drill holes.
Altiplano Metals Inc.
250 Southridge NW, Suite 300
Edmonton, AB
Canada
T6H 4M9
Altiplano has generated over C$22.8 million from the recovery and sale (after processing costs) of more
than 6.95 million pounds of copper with an average grade of 1.8% Cu (Dec 2018 to Sep 2024). Cash has
been re -invested into acquisition, exploration, new equipment, underground drilling, expanding
underground development and production, and the completion of the El Peñón copper -gold-iron
processing facility located 30 km from La Serena, Chile.
About Altiplano
Altiplano Metals is a growing gold, silver, and copper company focused on the Americas. The Company
has a diversified portfolio of assets that include exploration properties, a developing copper/gold/iron
mine and a n industry leading copper/gold and iron processing facility . Altiplano is focused on creating
long-term stakeholder value through developing safe and sustainable production, reinvesting into
exploration and development , and pursuing acquisition opportunities to provide scalable upside
opportunities. Management has a substantial record of success in capitalizing on opportunity, overcoming
challenges and building shareholder value.
Altiplano Metals Inc.
250 Southridge NW, Suite 300
Edmonton, AB
Canada
T6H 4M9
John Williamson, B.Sc., P.Geol., a Qualified Person as defined by NI 43 -101, has reviewed, and approved
the technical contents of this document.
www.metalsgroup.com
Altiplano is part of the Metals Group of Companies, led by a dynamic
group of resource sector professionals with a long record of success
in evaluating and advancing mining projects from exploration
through to production, attracting capital, and overcoming adversity
to deliver exceptional shareholder value.
ON BEHALF OF THE BOARD
/s/ "John Williamson"
Chairman
For further information, please contact:
Alastair McIntyre, CEO
Tel: (416) 434 3799
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. A qualified person has not done
sufficient work to classify any historical estimates as current mineral resources or mineral reserves and the issuer is
not treating any historical information or estimates as current mineral resources or mineral reserves . The Santa
Beatriz mine was previously in production mid 2010’s with little known production records. This material was
processed and sold locally to a private processing facility. Altiplano is relying upon limited past production records,
underground sampling and related activities to further explore and potentially develop Santa Beatriz. The decision to
develop the project and extract material for potential processing is not based on a feasibility study of mineral reserves
demonstrating economic and technical viability and there is increased uncertainty and economic and technical risks
of failure associated with any future potential production decision. 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.sedarplus.ca .