Jun 22 2017
Altiplano Minerals Ltd. is pleased to announce that the Comet Joint Venture (CJV) has commenced fieldwork at its Maria Luisa Project, approximately 100 km north of La Serena, Chile, while continuing to advance underground development work at its Farellon Iron Copper Gold Vein system.
Prior to establishing the underground development work at Maria Luisa, the CJV had commenced field work comprised of flying property-wide Digital Elevation Mapping (DEM) using drone aerial surveying, surface and underground surveying, geological mapping and sampling. Underground sampling conducted to date has identified sections of higher grade gold that assay up to 25g Au/t across 1.6m in chip samples at the 826 Level.
At the Farellon Deposits, the CJV will be conducting DEM aerial surveying prior to level surveying within the Laura and the Rosario vein systems in preparation for additional fieldwork prior to development. At present, the Farellon decline has advanced over 255m and underground diamond drilling is ongoing. The underground ventilation fan at Farellon has been installed and is currently being commissioned.
CEO John Williamson stated, "We are encouraged by the recent sampling results at Maria Luisa and both the results and progress at Farellon. We anticipate the pace at which we are progressing to continue and likely increase over the coming months.”
Source: http://www.altiplanominerals.com/news/index.php?content_id=113