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Altiplano Minerals ( (TSE:APN) ) just unveiled an update.
Altiplano Metals Inc. has commenced bulk sample shipments from the Santa Beatriz historical mine to its El Peñón processing facility in Chile. The company plans to process 500 tonnes per month of copper-gold mineralized material over the next three months, which will be blended with stockpiled and third-party sourced materials. This development could enhance Altiplano’s competitive position by combining output with beneficiation, though it carries economic and technical risks as it is not based on a feasibility study. The company is also considering further mine development supported by a short drilling program.
More about Altiplano Minerals
Altiplano Metals Inc. operates in the mining industry, focusing on the extraction and processing of minerals such as iron-oxide-copper-gold. The company is engaged in exploration and development activities, particularly in Chile, aiming to differentiate itself through unique beneficiation processes.
YTD Price Performance: 9.09%
Average Trading Volume: 81,793
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$8.42M
For a thorough assessment of APN stock, go to TipRanks’ Stock Analysis page.
