Altiplano Metals Stock Price, News & Analysis

Altiplano Metals (TSXV: APN) has announced a significant development partnership with Andes Core Mining (ACM) for the Santa Beatriz copper-gold-iron mine in Chile. The two-year agreement focuses on underground mine development, located 13 kilometers from Altiplano's El Peñón processing plant.

The development plan includes a 75m ramp with 15% decline to access the Santa Beatriz vein structure, with operations starting in July and first processing expected in early September. Production targets are set at 3,000 tons/month initially, scaling to 5,000 tons in the following six months. The company has historically generated C$23.8 million from processing over 8.2 million pounds of copper with an average grade of 1.8% Cu.

Altiplano Metals (TSXV: APN) has announced significant drilling results from its inaugural program at the historic Santa Beatriz Iron Oxide Copper Gold mine in Chile. The program, completed between March-April 2025, comprised 655.6 metres across four diamond drill holes, confirming vein continuity over 100 metres along strike and 40 metres down dip.

Key highlights include the best interval from Hole 25SB-004 showing 2.89m grading 2.37% Cu, 0.30 g/t Au, and 36.12% Fe, including an exceptional high-grade sample of 15.29% Cu, 1.91 g/t Au, and 44.3% Fe over 35cm. The weighted average grade across all holes was 1.33% Cu, 0.20 g/t Au, and 29.00% Fe over 2.14m apparent vein width.

The company has historically generated C$23.8 million from recovering over 8.2 million pounds of copper with an average grade of 1.8% Cu between January 2018 and March 2025.

Altiplano Metals (TSXV: APN) has successfully extended its lease agreement with an option to acquire the Santa Beatriz copper-gold-iron mine until July 2029. The mine, located 45 kilometers south of La Serena, Chile, maintains monthly rental payments at CLP $5,000,000 ($7,250 CDN), with a potential 5% increase if copper prices exceed $4.50/lb.

Key terms include a reduced Net Profit Interest from 15% to 10% for external sales, a 1% royalty on net sales for material processed at the company's plant, and exclusivity payments totaling CLP 40M. The purchase option remains at CLP 350,000,000 (~$507,000 CDN). The company has demonstrated success with over C$23.8 million generated from 8.2 million pounds of copper sales since January 2018.

[ "Extension of lease agreement until 2029 provides long-term operational stability", "Reduced NPI royalty from 15% to 10% for external sales improves profit margins", "Strong historical performance with C$23.8M generated from copper sales", "Strategic location near company's El Peñón processing facility reduces operational costs", "Purchase option price remains unchanged at CLP 350M despite extension" ]

Altiplano Metals has announced promising preliminary drill results from its Santa Beatriz copper-gold mine in Chile. The company completed 655.6 meters of drilling across four holes, confirming the vein's continuity for 100 meters along strike and 40 meters below previous production levels.

Key findings include:

• Average vein width of 2.28 meters, with a maximum of 3 meters
• Hole 25SB-004 revealed 2.9 meters of vein with up to 60cm of massive chalcopyrite
• Strong potassic alteration suggesting potential porphyry-type Cu-Au mineralization
• Evidence of epithermal gold mineralization

The company's track record includes generating over C$23.3 million from recovering 7.4 million pounds of copper at 1.8% Cu grade between January 2018 and December 2024. The project is strategically located 45 km south of La Serena and 30 km from their El Peñón processing plant.

Altiplano Metals (TSXV: APN) has announced a diamond drilling program at the historic Santa Beatriz iron-oxide-copper-gold (IOCG) mine in Chile, located 45 kilometers south of La Serena and 13 kilometers south of the El Peñón processing plant.

The program includes a minimum of four holes averaging 125 meters each, targeting the Santa Beatriz main vein. The primary goal is to confirm vein continuity below Level 416 and assess mineralization 25-40 meters below this level. Results will support evaluation for constructing a decline to access deeper extraction levels.

The company has historically generated over C$22.8 million from recovering and selling more than 6.95 million pounds of copper at an average grade of 1.8% Cu between December 2018 and September 2024. Seven additional untested IOCG veins within the Santa Beatriz concession present future drilling opportunities.

Altiplano Metals (TSXV: APN) has announced the acquisition of two new mineral concessions, Socorro III and Regalo, adding 229 hectares to their existing 308-hectare land package. The properties are located within 15 km south of the El Peñón processing plant along a 4.5 km northeast-trending mineralized corridor hosting eight active small-scale Cu-Au mines in the Tambillos IOCG district.

Socorro III (29 hectares) was acquired for 30m Chilean Pesos (US$30,500) with a rent-to-own agreement, while Regalo (200 hectares) was acquired from the land claims registry. The company has generated over C$22.8 million from recovering and selling more than 6.95 million pounds of copper with an average grade of 1.8% Cu between December 2018 and September 2024.

Altiplano Metals has secured an offtake agreement with a Chilean private company for iron concentrate from its El Peñón processing facility near La Serena, Chile. This establishes a second revenue stream alongside their existing copper/gold sales. The facility has a monthly production capacity of 1,800 tonnes based on 40% magnetite content, with iron oxide concentration ranging from 65-71%. The current stockpile stands at 2,500 tonnes.

The company has historically generated over C$22.5 million from recovering and selling more than 6.95 million pounds of copper at an average grade of 1.8% Cu between December 2018 and September 2024. These proceeds have been reinvested into exploration, equipment, underground drilling, development, and the completion of the El Peñón facility.

Altiplano Metals has initiated underground bulk sampling at the Santa Beatriz historical iron-oxide-copper-gold mine in Chile, located 45 kilometers south of La Serena and 13 kilometers south of the El Peñón processing plant. The company has extracted approximately 300 tonnes in the first week of January, focusing on the western section of the mine.

The sampling area previously yielded notable results of 2.45m with 3.65% Cu, 0.29 g/t Au, and 26.97% Fe, including a 1.08m sample with 8.08% Cu, 0.63g/t Au, and 39.49% Fe. The company plans to increase extraction from 500 tonnes per month to 1,000 tonnes per month while assessing production potential. The first shipment is expected by January end.

Altiplano has historically generated over C$22.5 million from recovering and selling more than 6.95 million pounds of copper between January 2018 and September 2024.

Altiplano Metals has extended its option agreement to acquire the Santa Beatriz copper-gold-iron mine until December 2025. The mine, located 45 kilometers south of La Serena, Chile, and 13 kilometers south of the El Peñón processing plant, has seen significant technical progress.

Key developments include: completion of dewatering and refurbishment of lower mine portions, exposure of 150 additional meters of historical mine area, and identification of a 3,500-tonne zone for bulk sampling. The monthly rental payments have increased from CLP3,500,000 to CLP5,000,000, while maintaining original buyout terms.

The mine currently holds a production permit for 2,000 tonnes/month, expandable to 5,000 tonnes under Chilean small mining permits. The company has secured necessary explosives permits and expects to process the first shipment at their El Peñón facility in early January 2025. Notably, Altiplano has generated over C$22.5 million from copper sales since December 2018.