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APN.V ·

Altiplano Announces Signing of Earn-In and Joint Venture Agreement with Comet

Mergers & Acquisitions Property Options & Staking Partnerships & JV

APN: TSX.V

210 – 8429 24th Street

Edmonton, Alberta, T6P1L3

www.altiplanominerals.com

February 10, 2017 APN: TSX ‐V

Altiplano Announces Signing of Earn-In and Joint Venture Agreement with Comet

February 10, 2017 - Altiplano Minerals Ltd. (TSXV: APN) (“ APN ” or the “Company ”): Further to the Company’s press

release dated January 3, 2017, APN is pleased to announce tha t the Company has entered into a definitive earn-in and

joint venture agreement (the “ Agreement ”) with Comet Exploration Ltd. (“ Comet ”) in respect of acquiring a

participating interest in a joint venture (the “ CJV ”) on two copper and gold projects called the Farellon and Maria Luisa

projects, which are located near the town of La Serena, Republic of Chile (collectively, the “ Projects ”). Comet is a

private Australian exploration and development company wi th a focus in Chile principally in base metal and gold

projects, held through its Chilean subsidiary.

Pursuant to the Agreement, the Company may earn up to an initial 20%, 35% or 50% interest in the CJV, respectively, by

funding up to an aggregate of US$0.75 million, US$1.25 million, or US$2.0 million, respectively, on or before the date of

acceptance of the Agreement for filing by the TSX Venture Exchange, March 30, 2017, and May 31, 2017, respectively.

The Agreement is subject to certain conditions, including the acceptance of the TSX Venture Exchange.

About Altiplano

Altiplano Minerals Ltd. (APN: TSX ‐V) is a mineral exploration company focused on evaluating and a cquiring projects

with significant potential for advancement from discovery through to production, in Canada and abroad. Management has

a substantial record of success in capitalizing opportun ity, 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 "for ward-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 as sumptions, 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 materi ally 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 ma y differ materially from those projected in the

forward-looking statements. For more information on the Company, inv estors should review the Company's continuous

disclosure filings that are available at www.sedar.com .