Full steam ahead on Altiplano's Santa Beatriz project Bulk sampling...
Gold Ventures 🟡@TheLastDegree
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Feb 13, 2025
~1 min read
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Full steam ahead on Altiplano's Santa Beatriz project
Bulk sampling ongoing for almost a month with now an additional revenue stream from iron ore
They recently also acquired new mineral properties along this same corridor
$APN.V
@AltiplanoMetals
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Bulk sampling ongoing for almost a month with now an additional revenue stream from iron ore
They recently also acquired new mineral properties along this same corridor
$APN.V
@AltiplanoMetals
/1
Gold Ventures 🟡@TheLastDegree
@AltiplanoMetals Meanwhile work is ongoing at the Santa Beatriz Cu-Au Mine
This will be a big focus going forward
Infrastructure being established: adit refurbishments, dewatering, support for U/G mining & drilling...
Consistent news expected from here, with production restart as icing🍰
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This will be a big focus going forward
Infrastructure being established: adit refurbishments, dewatering, support for U/G mining & drilling...
Consistent news expected from here, with production restart as icing🍰
/4
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@AltiplanoMetals Altiplano added the Socorro III & Regalo claims
Socorro III is another Iron Oxide Copper Gold (IOCG) vein structure,
that's possibly the continuation along strike of the producing Socorro II mine👇
The company is already thinking ahead to consolidate this district
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Socorro III is another Iron Oxide Copper Gold (IOCG) vein structure,
that's possibly the continuation along strike of the producing Socorro II mine👇
The company is already thinking ahead to consolidate this district
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@AltiplanoMetals Earlier magnetics over Socorro III show this is an interesting target for exploration
Besides a clear magnetic signature, the vein is observed from surface here
Only 12km from their Peñón processing plant, in the future this could provide additional ore at low cost
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Besides a clear magnetic signature, the vein is observed from surface here
Only 12km from their Peñón processing plant, in the future this could provide additional ore at low cost
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@AltiplanoMetals At their underground Santa Beatriz mine, Altiplano has begun bulk sampling of Cu-Au material
They're planning an extraction of 500 tonnes per month which will increase to 1,000 tpm as they complete the mine expansion
Diamond drilling will support further mine development
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They're planning an extraction of 500 tonnes per month which will increase to 1,000 tpm as they complete the mine expansion
Diamond drilling will support further mine development
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@AltiplanoMetals The company now added a revenue stream as they've begun selling iron concentrate produced at the El Peñón processing facility
Monthly capacity of 1,800 tonnes
According to the company this new revenue stream can be used to significantly cover corporate G&A costs
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Monthly capacity of 1,800 tonnes
According to the company this new revenue stream can be used to significantly cover corporate G&A costs
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@AltiplanoMetals Cu, Au and Fe are up considerably in 2025
Altiplano is set to benefit from this now their mine & plant is up and running
A smart move of them to secure ore in the area with the new exploration properties
Should see a much higher price tag as this bull progresses
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Altiplano is set to benefit from this now their mine & plant is up and running
A smart move of them to secure ore in the area with the new exploration properties
Should see a much higher price tag as this bull progresses
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@AltiplanoMetals If you enjoyed this thread,
RT the tweet below to share this thread with your audience
Cheers, GV
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RT the tweet below to share this thread with your audience
Cheers, GV
/end