Altaley Mining Controlling Shareholder Renews Form 45- 102F1 Notice of Intent to Sell
Altaley Mining Corporation
1000 – 1111 Melville St.
Vancouver, BC, V6E 3V6
www.altaleymining.com
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Altaley Mining Controlling Shareholder Renews Form 45- 102F1
Notice of Intent to Sell
VANCOUVER, BRITISH COLUMBIA – OCTOBER 7, 2022
Altaley Mining Corporation (TSXV: ATLY) (OTCQX: ATLYF) (FSE: TSGA) (the "Company" or "Altaley") Further
to its news release dated June 27, 2022, the Company is advised that Mr. Roberto Guzman Garcia has filed
a renewed Form 45 -102F1 – Notice of Intention to Distribute Securities under Section 2.8 of NI 45 -102 –
Resale of Securities, since the forms previously filed on June 24, 2022 and July 29, 2022, have expired. The
contents of Form 45 -102F1 remain unchanged having not yet completed any sale of securities under the
previous filings.
About Altaley Mining Corporation
Altaley Mining Corporation is a Canadian based mining company with two 100% owned Mexican gold, silver,
and base metal mining projects.
Altaley's Tahuehueto mining project is in north -western Durango State, Mexico , where construction of an
initial 500 tpd operation is well advanced. The second stage, the 1000 tpd project, will follow immediately
after commissioning the initial stage. The operation will generate gold, silver, lead, and zinc in concentrates.
Campo Morado is an operating polymetallic base metal mine in Guerrero, Mexico, currently producing at an
average of approximately 2,200 tonnes per day and is currently estimated to be Mexico’s 6th largest zinc
producer.
Visit: www.altaleymining.com
On Behalf of the Board of Directors
(signed) “Ralph Shearing”
Ralph Shearing,
President and Director
Cautionary Note Regarding Production Decisions and Forward-Looking Statements
It should be noted that Altaley declared commercial production at Campo Morado and elected to initiate construction to go into
production at Tahuehueto prior to completing full feasibility stud ies demonstrating economic and technical viability.
Accordingly, readers should be cautioned that Altaley’s production decisions have been made without comprehensive feasibility
studies of established reserves at Campo Morado and prefeasibility level reserves at Tahuehueto, such that there is greater risk
and uncertainty as to future economic results from the Campo Morado mine and at Tahuehueto mine where reserves are
established to the prefeasibility level of c onfidence and therefore a higher technical risk of failure than would be the case if full
feasibility studies were completed and relied upon to make production decisions. Altaley has completed a preliminary economic
assessment (“PEA”) mining study on the Campo Morado mine and a prefeasibility study (‘PFS”) at Tahuehueto mine that provides
a conceptual life of mine plan and a preliminary economic analysis based on the prev iously identified mineral resources (see
News Release dated November 8, 2017, April 4, 2018, and April 25, 2022).
Statements contained in this news release that are not historical facts are "forward -looking information" or "forward -looking
statements" (collectively, "Forward-Looking Information") within the meaning of applicable Canadian securities laws. Forward -
Altaley Mining Corporation
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Looking Information includes but is not limited to conditions or financial performance that are based on assumptio ns about
future economic conditions and courses of action; the timing and costs of future activities on the Company's properties, such as
production rates and increases; success of exploration, development and bulk sample processing activities, and timing for
processing at its own mineral processing facility on the Tahuehueto project site. In certain cases, Forward -Looking Information
can be identified using words and phrases such as "plans," "expects," "scheduled," "estimates," "forecasts," "intends," "anticipates"
or variations of such words and phrases. In preparing the Forward -Looking Information in this news release, the Company has
applied several material assumptions, including, but not limited to, that the current exploration, development, environmen tal
and other objectives concerning the Campo Morado Mine and the Tahuehueto Project can be achieved: the continuity of the
price of gold and other metals, economic and political conditions, and operations. Forward-Looking Information involves known
and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the
Company to be materially different from any future results, performance or achievements expressed or implied by the Forward-
Looking Information. There can be no assurance that Forward -Looking Information will prove to be accurate, as actual results
and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue
reliance on Forward-Looking Information. Except as required by law, the Company does not assume any obligation to release
publicly any revisions to Forward-Looking Information contained in this news release to reflect events or circumstances after the
date hereof or to reflect the occurrence of unanticipated events.
Neither 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.
For further information about Altaley Mining Corporation, please contact:
Glen Sandwell
Corporate Communications Manager
Tel: +1 (604) 684-8071