Altiplano Metals Purchases Mill and Flotation Plant for Farellon Mine

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The Company has reached a Promissory Agreement with SBX Chile to purchase a mill and processing facility to support the Farellon mine. The agreement, subject to final due legal diligence, involves the purchase of crushing and grinding equipment and a flotation plant with sufficient capacity to process 5,000 tonnes/month of production. The Plant has been on recent care and maintenance and includes: primary, secondary, and tertiary crushing, milling, two 5′ x 10′ ball mills, and a full flotation circuit. In addition, Altiplano announced the signing of a land agreement where the plant will be located, approximately 15 kms from the Farellon mine. In preparation for the delivery of the plant, the company will begin the civil work required, which will involve land surveying, ground preparation, electrical and water connections, and pouring of cement footings.

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