New Age Metals

Altiplano Minerals Completes 50% Earn-In at Farellon Mine

EDMONTON, Nov. 22, 2017 /CNW/ - Altiplano Minerals Ltd. (TSX-V:APN) (OTCQB:ALTPF) (FWB:9AJ1) ("APN" or the "Company") announces that it has earned a 50% interest in the Comet Joint Venture ("CJV").

At Farellon, the CJV has commenced the collection of Copper-Gold-Magnetite mineralized vein material from the Historic Farellon Copper-Gold Mine in Chile. Development of crosscuts towards the Cu-Au vein system was completed by November 15 and initial bulk sampling commenced shortly thereafter. To date, the CJV has stockpiled over 200 tonnes of mineralized vein material in preparation for toll milling. The CJV is currently in discussion with a toll mill to accept delivery of its initial batch of Cu-Au vein material.

CEO John Williamson stated, "We are excited to have advanced our initial project to the bulk sampling stage and look forward to the results of the sale of the initial Copper-Gold-Magnetite mineralized vein material. We expect to collect 2,000 tonnes of mineralized material to evaluate the projects potential."

As part of its ongoing program, the CJV is carrying out the recommendations contained in the APEX Report of February 10, 2017 filed on SEDAR for the exploration development of the Farellon project and is also relying upon past production records, underground sampling and related activities and current diamond drilling to estimate grade and widths of the mineralization. There are no mineral resources or reserves on the property and the current mineral exploration activities are intended to be part of a program to determine if mineral resources can be identified.

Osbaldo Zamora Vega, P.Geol., Vice President of Exploration for Altiplano, is the Qualified Person as defined in National Instrument 43-101 who has reviewed and approved the technical contents of this press release.

About Altiplano

Altiplano Minerals Ltd. (APN: TSX‐V) is a mineral exploration company focused on evaluating and acquiring projects with significant potential for advancement from discovery through to production, in Canada and abroad. Management has a substantial record of success in capitalizing opportunity, overcoming challenges and building shareholder value. Additional information concerning Altiplano can be found on its website at www.altiplanominerals.com.

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