Altiplano Metals Inc. Confirms Santa Beatriz Mine Exhibits Iocg Mineralization Comparable to the Farellon Copper-Gold Mine
structures in the region widen at depth, indicating the potential for expanded downdip continuity of mineralization. Seven smaller untested veins mapped at the Santa Beatriz project are up to 50 centimeters wide. Mineralization in veins includes chalcopyrite, bornite, and magnetite with abundant copper oxides. After reviewing and evaluating the existing datasets for Santa Beatriz, an initial exploration program has been formulated encompassing activities such as mapping, sampling, and drilling. The Exploration program is scheduled to commence in July 2023. Channel sampling and mapping of the veins underground and on the surface will aid in determining grade potential and extent. A 1,300-meter drill program is planned to validate the width and consistency of the veins at depth to determine mineralization and mining potential. A subsequent exploration program will include a detailed ground
magnetic survey to examine the potential depth and extent of the additional IOCG veins on the Santa Beatriz project; drilling of the veins would be required to validate the geophysics. The additional untested veins on the project have the potential to be included in the production of the Santa Beatriz project.