Altiplano Provides Update on Santa Beatriz Bulk Sampling and Processing
Altiplano Metals Inc.
250 Southridge NW, Suite 300
Edmonton, AB
Canada
T6H 4M9
Altiplano Provides Update on Santa Beatriz Bulk Sampling and Processing
EDMONTON, February 10th, 2025 - Altiplano Metals Inc. (TSXV: APN) (WKN: A2JNFG) (“Altiplano” or the
“Company”) announces that it has begun bulk sample shipments from the Santa Beatriz Iron -Oxide-
Copper-Gold historical mine to the Company’s El Peñón processing facility located approximately 30
kilometers south of La Serena, Chile.
President and CEO Alastair McIntyre comments:
“We are pleased to begin shipments of copper-gold mineralized material to the plant to support our
processing facilities just 13 km from the mine. This material will be blended with stockpiled material and
mineral received from third -party sources while ongoing development plans for Santa Beatriz are
reviewed. Santa Beatriz provides a unique opportunity to combine output with beneficiation that
differentiates us from our exploration peers”
Highlights:
• The Initial extraction of the bulk sample material for the next three months (February to April) is
expected at 500 tonnes/month.
• The Cu-Au-Fe mineralized material shipped to the plant is accessed from the floor and the roof of
the historical extraction areas*
• A stockpile of 400 tonnes of copper -gold-iron mineralized material has been established above
ground at Santa Beatriz and is ready for shipment.
o APN recently upgraded the access road at the Santa Beatriz property to suppor t the
movement of 30 tonne trucks.
o Two shipments of 30 tonnes per day delivers this material to El Peñón.
• APN is reviewing a mining plan to develop access to lower levels of the mine which will be
supported by a short diamond drill hole program. This decision is expected in the next several
months.
*The decision to bulk sample and develop the Santa Beatriz historical mine 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 the production
decision.
Figure 1: First Shipment leaving Santa Beatriz and unloaded at El Peñón.
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 state -of-the-art operating 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
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
Altiplano Metals Inc.
250 Southridge NW, Suite 300
Edmonton, AB
Canada
T6H 4M9
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 perf ormance 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 .