Altiplano Considers Installing Magnetic Separation Plant at Farellon
Altiplano Considers Installing Magnetic Separation Plant
at Farellon
Edmonton, Alberta--(Newsfile Corp. - April 4, 2019) -
Altiplano Metals Inc.
(TSXV: APN) (OTCQB: ALTPF) (WKN: A2JNFG)
("Altiplano"
or the
"Company")
is pleased to report encouraging metallurgic lab test results for improved copper recoveries
following magnetite separation of samples taken from low grade mineralized material at the historic Farellon Copper-Gold Mine
near La Serena, Chile.
CEO John Williamson stated, "During the past three months our technical team has been evaluating alternative processing
methods to improve the metallurgic performance of milling mineralized material taken from Farellon. In the following weeks, our
team will review results of further testing intended to confirm that we can improve Cu recoveries and produce a high iron
concentrated by installing a magnetic separation plant at Farellon."
Two 100 kg samples of low grade mineralized material were shipped to Roanda Metallurgic Laboratory for magnetic separation
testing. Prior to processing, the Cu and Fe grade on the material was as follows:
Sample N°
%Fe (total)
% Cu (total)
% Cu (soluble)
Au ppm
Ag ppm
251178
36.70
0.65
0.03
0.15
1
251179
33.70
1.11
0.04
0.09
1
The ICP analysis also showed 1,200 ppm of Vanadium and 63 ppm of Cobalt.
Both samples were crushed and milled, then were processed through magnetic drums to separate the magnetic iron. The test
produced magnetite rich concentrates with the following chemistry:
Sample N°
%Fe (total)
%Fe (magnetic)
%Cu (total)
251178
69.32
66.70
0.61
251179
69.54
68.9
1.19
The results indicate that: firstly, a large part of the magnetic iron can be recovered by magnetic separation; secondly, the
concentrate does retain copper; and thirdly, for optimal Cu/Fe separation, the material must be milled under #10 Ty or 1.7
millimetres. Future metallurgical work will focus on the potential to produce a saleable iron rich concentrate, along with the
upgrading, separation and production of copper from lower and higher grade material, with the ultimate goal of reducing trucking
costs by shipping high value material and the elimination of low value material at site.
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
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
.
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https://www.newsfilecorp.com/release/43896