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APN.V ·

Altiplano Commences Farellon Drilling to Expand Cu-Au Mineralization at Depth

Drill Results Exploration Programs

Altiplano Commences Farellon Drilling to Expand Cu-Au

Mineralization at Depth

Edmonton, Alberta--(Newsfile Corp. - April 29, 2019) -

Altiplano Metals Inc.

(TSXV: APN) (OTCQB: ALTPF) (WKN: A2JNFG)

("Altiplano"

or the

"Company")

has commenced underground diamond drilling at the historic Farellon Copper-Gold Mine near

La Serena, Chile.

CEO John Williamson stated, "With the positive indications of the last two quarters, we are looking forward to commencing

diamond drilling beneath the 395M level to confirm the down-dip continuity and grade of the Farellon Vein system, as well as to

use the data for continued development of the Hugo decline for access."

The diamond drill program will comprise 6-8 holes drilled from the Hugo decline along a strike length of up to 250 beneath the

highest grade sections of the Farellon vein system. The holes are planned to intersect the vein at points 20m and 40m beneath

the 395M level in a diamond pattern. The results of this drilling will also be used to guide the planned location of the extension of

the Hugo decline for future access to these lower levels.

John Williamson, P.Geol., President and CEO of Altiplano, is the Qualified Person as defined in National Instrument 43-101 who

has reviewed and approved the technical contents of this press release.

About Altiplano

Altiplano Metals Inc. (TSXV: APN)

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 on opportunity, overcoming challenges and building shareholder value.

Additional

information concerning Altiplano can be found on its website at

www.apnmetals.com

.

ON BEHALF OF THE BOARD

/s/ "John Williamson"

President and CEO

For further information, please contact:

Jeremy Yaseniuk, Director

[email protected]

Tel: (604) 773-1467

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

.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/44394