Building Sustainable Value
KNOWLEDGE. VISION. INNOVATION
Altiplano Metals Inc. (TSX-V: APN) is an expanding mineral exploration company focused on evaluating, acquiring and developing projects with significant potential for advancement from discovery through to production. Management has a successful track record of identifying and investing in undervalued assets, adding value through technical expertise, accessing capital markets and delivering returns to shareholders.
The Company is currently focusing on the development of Farellon, an Iron Oxide Copper-Gold mineralized system (IOCG), located near the town of La Serena, Chile. Since acquiring the asset, over 1.7 million pounds of copper have been recovered from an underground bulk sampling program. APN has focused on productivity, costs, grade improvement and has consistently generate cash flow from the operation.
Based on the success of this program and potential of the project, Altiplano raised funds in the capital markets to expand the Hugo decline at Farellon and build an onsite fit for purpose mill and flotation plant. The expansion plan creates the opportunity to access approximately 200,000 tonnes of additional mineralized Cu-Au material at depth and, with the addition of the mill and recovery plant, this will increase productivity and enhance profitability.
Through managements focused efforts, Altiplano has demonstrated that Farellon is capable of extracting the quantity and grade required to be a profitable operation. Building on this success, APN is in the process of evaluating several Cu-Au, Au and Ag near term producing assets for acquisition where we can employ a repeatable business model as demonstrated at Farellon.
Management’s goal is to create a “portfolio” of cash flowing copper and gold assets to enhance shareholder value by leveraging our expertise, strong in-country management teams, global service providers and supported by our experienced Metals Group team.