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ALTIPLANO METALS INC ORD - ALTPF STOCK NEWS

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Altiplano Metals Inc. (TSXV: APN) is a growing gold, silver, and copper company focused on the Americas, with a diversified asset portfolio that includes an operating copper/gold/iron mine and a state-of-the-art processing facility near La Serena, Chile. Recent developments include the optimization of the El Peñón processing plant and the establishment of new production areas at the Farellon and Santa Beatriz mines. With a focus on creating long-term stakeholder value through sustainable production, exploration, and acquisitions, Altiplano is positioned for continued success in the mining sector.

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Altiplano Metals has reported promising assay results from its Santa Beatriz Copper-Gold-Iron Project. Key findings include high-grade samples with up to 3.65% Copper, 0.29 g/t Gold, and 26.97% Iron over 2.45 meters. The results, gathered from a total of 98 samples and 37 sampling channels, reveal a significant mineralization potential. CEO Alastair McIntyre expressed optimism about the geological similarities with their Farellon mine and the project's potential to enhance processing at the El Peñón mill plant. The company plans further exploration, including bulk sampling, geophysics, and diamond drilling, and has the necessary infrastructure in place for development.

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Altiplano Metals has commenced mining operations at the 326 m level at the Farellon mine near La Serena, Chile, as part of ongoing underground development. This new production area will allow for the extraction of high-grade copper-gold and iron materials. The 326 m level development is expected to enhance productivity by accessing additional mineralized zones. The new mining operations aim to boost production to 5,000 tonnes per month for the El Peñón processing facility. The company has generated over $14.9 million from the sale of more than 6.55 million pounds of copper since 2018. CEO Alastair McIntyre emphasized the importance of increased copper grades and the new access points in improving operational efficiency.

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Altiplano Metals Inc. reported Q1 2024 operational results from the Farellon mine in Chile, with a copper grade of 1.74% and record 2.29% in March. Production totaled 8,600 tonnes with $716,200 revenue, a 10% decrease from Q4 2023. Waste removal increased by 65% as development progresses. The El Peñón processing plant now has full power support. Stockpiles are ready for processing, and the company generated over $14.9 million from copper sales since 2018.

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Altiplano Metals Inc. reports a successful Q4 2023 operation at the Farellon Copper-Gold-Iron mine in Chile, showcasing increased production and revenue. The company extracted 9,114 tonnes of mineralized material, processed 8,125 tonnes, and achieved a 12% and 13.6% increase in production and processing, respectively, from Q3. Copper grade improved to 1.87%, generating US$798,919 in revenue from 325,328 pounds of copper sales, a 25% increase from Q3. The company aims to optimize processing efficiencies through blending stockpiled material with newly mined material. President and CEO Alastair McIntyre highlights the success and growth prospects for 2024.
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Altiplano Metals Inc. reports progress at El Peñón processing facility in Chile, optimizing milling and flotation processes to enhance productivity and concentrate production. Key improvements include gearing replacement, instrumentation upgrades, and speed adjustments. The company successfully produced copper/gold and iron concentrates, with plans to focus on concentrate sales and efficiency. President and CEO Alastair McIntyre expressed satisfaction with the results, highlighting the milestone achieved and future growth prospects.
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Altiplano Metals Inc. (TSXV: APN) announces a change in its financial year-end from December 31 to March 31, aiming for better audit efficiency and alignment with industry peers. The company will report audited financial results for a 15-month transition year and revert to a March 31 year-end afterward.
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Altiplano Metals Inc. (TSXV: APN) closed a non-brokered private placement, raising $600,000 through the sale of 6,000,000 units at C$0.10 per unit. Each unit includes one common share and one non-transferable share purchase warrant. The net proceeds will be used for the Farallon Project and El Penon processing facility in Chile, as well as general working capital purposes. Additionally, the company granted incentive stock options to purchase up to 3,900,000 common shares at an exercise price of $0.10 per share.
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Altiplano Metals Inc. (TSXV: APN) has arranged a non-brokered private placement to raise up to C$600,000 in gross proceeds. The Offering consists of up to 6,000,000 units at C$0.10 per unit, each including one common share and one non-transferable share purchase warrant. The net proceeds will be used for the Farallon Project and El Penon processing facility in Chile, as well as for general working capital purposes.
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Altiplano Metals Inc. (TSXV: APN) reports Q3 2023 operation results from the Farellon mine in Chile, with 2% and 9% reduction in production and processing respectively from Q2. Copper grade remains constructive, but revenue decreased by 14% due to lower sales and a weaker copper market. The company is focused on developing access to deeper, higher-grade areas of the mine and expanding production capacity.
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Altiplano Metals Inc. reports positive assay results from samples taken at the El Peñón processing facility. Gold and iron demonstrated improved results. Adjustments are being made to enhance productivity and optimize concentrate production. The company has organized a storage facility for copper-gold concentrate sales and is negotiating the sale of iron concentrate to local buyers. Altiplano has generated over $12.8 million from copper recovery and sale.
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FAQ

What is the current stock price of ALTIPLANO METALS ORD (ALTPF)?

The current stock price of ALTIPLANO METALS ORD (ALTPF) is $0.03 as of November 25, 2024.

What is the market cap of ALTIPLANO METALS ORD (ALTPF)?

The market cap of ALTIPLANO METALS ORD (ALTPF) is approximately 4.7M.

Where is Altiplano Metals Inc. located?

Altiplano Metals Inc. is located in the Americas, with a focus on mining operations in Chile, near La Serena.

What kind of assets does Altiplano Metals Inc. have?

Altiplano Metals Inc. has a diversified portfolio of assets, including an operating copper/gold/iron mine and a modern processing facility.

What recent developments has Altiplano Metals Inc. reported?

Recent developments include the optimization of the El Peñón processing plant, improvements in production at the Farellon mine, and high-grade copper-gold mineralization findings at the Santa Beatriz project.

How does Altiplano Metals Inc. plan to create stakeholder value?

Altiplano Metals Inc. plans to create long-term stakeholder value through safe and sustainable production practices, reinvestment in exploration, and strategic acquisitions to enhance its asset portfolio.

What is the trading symbol for Altiplano Metals Inc. on the Toronto Venture Exchange?

Altiplano Metals Inc. trades on the Toronto Venture Exchange under the symbol APN.

ALTIPLANO METALS INC ORD

OTC:ALTPF

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4.68M
115.51M
11.37%
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