Altiplano Metal Inc is an Edmonton-based mining company that engages in the exploration, development, and acquisition of mineral properties such as silver and gold.
The company claims to invest in multiple assets and create long-term value for its stockholders. Altiplano’s principal projects includes Farellon project, Maria Luisa’s Gold-Copper project, and APN Mill Site.
The Canadian firm also explores for iron oxide, gold, and copper deposits in Chile. The firm’s stocks trade on TSX Venture Exchange under the quote of ‘APN’.
Farellon project is situated to Santiago, the capital of Chile. The company owned the iron oxide copper gold mineralization project in 2017. It claims that drift system and underground decline is used for exploration purposes.
This project is located in the IOCG coastal belt that consists of various deposits such as Candelaria and Mantoverde deposits. The firm claims to have explored Farellon, Laura, and Rosario vein system under this project. These veins reportedly hosts various minerals such as chlorite, actinolite and apatite, which are later substituted by magnetite, chalcopyrite, bornite, and gold mineralization.
Maria Luisa Project
The gold-copper project is located in the Chile’s Atacama region, approximately 100 kilometers to the north of Incahuasi. The firm claims that the property consists of high-grade gold-copper veins. The vein formations are associated with the Atacama fault system in the region, the mining firm adds.
It further claims that the Maria Luisa project exists in the north-south two strike-slip structural systems in the Atacama fault system.
The geology reportedly comprises anastomosing structures that are delineated by faults, veining, hydrothermal-magmatic and tectonic rock types, known as breccias.
APN Mill Site
The firm’s second major asset is situated near the Farellon mine. The company operates through mineral processing plants at this site and is presently working to recover copper, gold and iron deposits. In addition, the mining firm aims to minimize processing costs by 33 per cent and trucking costs by 75 per cent.
In addition, by de-watering stack method, Altiplano claims to minimize water usage by 75 per cent. The nine-hectare property also hosts well-established infrastructure, including power and water source.
The mining firm claims that operations are conducted using crushing, grinding equipment, ball mills and a flotation circuit.