Chile Copper-GOLD Project – Exploration Progress and Technical Report
APN: TSX.V
210 – 8429 24
th
Street
Edmonton, Alberta, T6P1L3
www.altiplanominerals.com
CHILE COPPER-GOLD PROJECT – EXPLORATION PROGRESS AND TECHNICAL REPORT
March 15, 2017 APN: T SX ‐V
Altiplano Minerals Ltd. (TSXV: APN or Altiplano) is pleased to announce that the Company and its joint venture par tner
Comet Exploration Ltd. (Comet) have commenced work on the 500-m etre-long underground development at the Comet
joint venture's (CJV's) Farellon iron-oxide-copper-gold (IO CG) project. As of Friday March 3 rd , the underground
exploration decline has progressed 100 metres towards its ultimate development of 500 metres. The decline intersected the
Farellon vein structure at 95 m. The vein is about 1.9 m wide at the intersection and shows visible sulphides including
chalcopyrite. The current plan will be to drive paralle l to the vein structure and commence underground exploration
drilling as the decline progresses the length of the vein structure. A Technical Report summarizing the geology and
copper-gold potential for the Project has recently bee n prepared by APEX Geoscience Ltd. (APEX) of Edmonton,
Alberta, Canada and has been filed on Sedar.
The Farellon copper-gold project is located near the town of La Serena, Chile. The project area is located in t he coastal
Iron Oxide Copper Gold (IOCG) belt, which runs for hundreds of kilometres and is host to several large IOCG and/or
copper-gold deposits, namely Andacollo, Mantos Blancos, Candelaria and Mantos Verde. These projects and the Farellon
project are within or spatially associated with the Atacama fault system, which likely was the main conduit for IOCG ore-
forming fluids that transported and deposited metals a long or in close proximity to the faults hosted in granit ic and or
volcanoclastic rocks.
At Farellon, three separate and discrete iron-oxide-cop per-gold veins, named Farallon, Laura and Rosario, stri ke east-
northeast, and have been traced in outcrop and underground workings for more than 2 kilometres. The veins range from 1
metre to 5 metres in width, averaging about 1 to 2 metres , are subvertical and well mineralized over much of their strike
lengths. Historic underground mining has yielded grades on the order of 2.5% copper and 0.5 grams per tonne gold. There
are currently no National Instrument (NI) 43-101 compliant r esources on the property. However, based upon historic and
recent underground mining conducted by the property owner along wi th extensive geological mapping and underground
channel sampling by Comet personnel, the APEX Technical Report describes an exploration target at Farellon of 200,000
to 600,000 tonnes of vein material with a range of grades of 1% to 2.5% copper (Cu) and 0.1 to 0.5 grams per tonne (g/t)
gold (Au). The APEX report indicates that with the presence of three veins and the results of recent underground sampling
that there is good potential to identify and define mineral resources with further exploration.
The CJV will be conducting exploration that will lead to future resource estimation with the collection of a numbe r of
core samples and one or more bulk samples for metallurgi cal work. Initially, the CJV will focus its work at t he Farellon
vein. At Farellon, a 500-metre exploration decline will be constructed approximately 50 metres below the existing
workings, which is designed to drive through the high-grade iron- copper-gold vein to a point approximately 10 metres
north of the vein. This 500-metre tunnel will be the main ac cess, and will be used to facilitate underground crosscut
sampling and drilling along the length of the high-grade iron-copper-gold vein. The CJV will drill approximately 150 core
holes of between 10 metres and 30 metres in length to evaluat e and establish initial resources as well as the collec tion of
bulk samples where appropriate for metallurgical purposes. Drilling is anticpated to commence in early April. As results
become available they will be released in upcoming additional news releases.
APN: TSX.V
210 – 8429 24
th
Street
Edmonton, Alberta, T6P1L3
www.altiplanominerals.com
Once the Farellon project is under way, the CJV will com mence similar exploration activities at the Maria Luisa project.
Commencing in May, an exploration drive will be developed approximately 50 metres beneath existing workings and will
be used to facilitate drilling the Maria Luisa high-grade iron-copper-gold vein system. Drilling will be conducted to
evaluate and establish resources. Although there are curr ently no NI 43-101 compliant mineral resources at the Maria
Luisa property, the APEX Technical Report describes the presence of at least two veins and an exploration target o f
200,000 to 400,000 tonnes with a range of grades of 1.5% Cu and 2 g/t Au to 2.5% Cu and 5 g/t Au.
The technical content of this News Release has been revi ewed and verified by John Williamson, B.Sc., P.Geol., of
Altiplano Minerals Ltd., the company’s Qualified Person as defined by National Instrument 43-101.
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 .