Edmonton, Alberta--(Newsfile Corp. - November 9, 2023) - Altiplano Metals Inc. (TSXV: APN) (WKN: A2JNFG) ("Altiplano" or the "Company") is pleased to report on Q3 2023 operation results from the Farellon Copper-Gold-Iron (Cu-Au-Fe) mine located near La Serena, Chile.

The Company extracted a total of 8,116 tonnes of mineralized Cu-Au material and processed 7,152 tonnes during Q3 2023 at Farellon. This represents a 2% and 9% reduction respectively from the Q2 production and processing figures. Copper grade remains constructive with recovery at 1.72% in Q3, down slightly by 2% from the previous quarter. Waste removal decreased by 22% to 2,556 tonnes in 2023 thus providing improved operational returns. Sales of 263,232 pounds of copper in 2023 Q3 generated approximately US$639,458 in revenue (after processing costs), a decrease of 14% over the Q2 revenue figure, impacted by lower sales and a weaker copper market in the previous quarter.

President and CEO Alastair McIntyre comments: "Farellon continues to generate positive returns and excellent grade. Mine planning continues to focus on developing access to deeper, higher-grade areas of the mine while readying areas to the SW to support additional production capacity as we move closer to transitioning the processing of Farellon's production to the plant.
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