Edmonton, Alberta--(Newsfile Corp. - May 27, 2024) - Altiplano Metals Inc. (TSXV: APN) (WKN: A2JNFG) ("Altiplano" or the "Company") is pleased to report on underground and surface channel sample results from the Santa Beatriz Copper-Gold-Iron Project. These sample results confirm high grade copper-gold mineralization in the Santa Beatriz vein complex. With this information, the Company will review the opportunity to develop Santa Beatriz for the potential to produce incremental Cu-Au-Fe mineralized material to support feed for the El Peñón mill plant. Currently, the mine has a 3,000 tonne/month permit which can be increased to 5,000 tpm through application with the mining authorities. The Santa Beatriz Mine is located 2 kilometres (km) by road from the Company's existing operation at the Farellon Copper-Gold-Iron Mine and 13 kms from the El Peñón processing plant near La Serena, Chile. Santa Beatriz and Farellon are iron oxide copper-gold (IOCG) deposits located within the NNE-trending Chile's copper-rich IOCG belt that has been associated to the Atacama Fault zone.

President and CEO, Alastair McIntyre, comments, "We are very excited and encouraged with the progress at Santa Beatriz. The geological information and sample results suggest the vein structures are identical to Farellon with the added benefit of higher gold grades and a larger land package containing several vein sets. see & read more on
https://www.newsfilecorp.com/release/210660/