Altiplano Drills 2.37% Cu, 0.30 g/t Au, and 36.12% Fe over 2.89 m, Including 15.29% Cu, Confirming High-Grade Continuity at Santa Beatriz

Core Insights - Altiplano Metals Inc. has reported positive assay results from its inaugural drill program at the Santa Beatriz Iron Oxide Copper Gold (IOCG) mine, confirming high-grade continuity of the vein system [2][4][5] - The drilling program, which covered 655.6 meters, confirmed vein continuity over 100 meters along strike and approximately 40 meters down dip, with a weighted average grade of 1.33% Cu, 0.20 g/t Au, and 29.00% Fe [5][10][12] - The best interval from the drilling was 2.89 meters grading 2.37% Cu, 0.30 g/t Au, and 36.12% Fe, including a high-grade sample of 15.29% Cu over 35 cm [5][12][17] Company Developments - The results support the company's plan to advance mine development into deeper levels, which could supply material to the nearby El Peñón processing facility [4][20] - Geological observations indicate broader exploration potential within the property, with signs of porphyry-style mineralization at depth [5][17] - Altiplano has generated over C$23.8 million from the recovery and sale of copper, with cash reinvested into exploration and development activities [20][21] Technical Details - The drilling targeted extensions of the main vein below Level 414, with significant mineralization observed in the core samples [10][11] - The mineralized structure comprises massive magnetite with bands of chalcopyrite and lesser pyrite, with variability in Cu:Fe ratios reflecting mineral proportions [11][12] - Quality assurance protocols were implemented to ensure the reliability of assay data, with all samples analyzed using standard industry procedures [18]