Altiplano Metals Inc. Reports Production Results from Farellon Copper-Gold-Iron Mine for the Fourth Quarter of 2022
increased by 18.5% to 1,422 tonnes in fourth quarter as the decline advanced to the lower 344 levels. Sales of 295,397 pounds of copper generated approximately $691,000 in revenue (after processing costs). Fourth quarter copper sales and Revenues were in line with the previous quarter supported by higher copper grades.At the end of December 2022, the Company had 800 tonnes in stockpiles at the Farellon site and a total of 3,160 tonnes of stockpiles at the El Peñón mill site. An additional 1,200 tonnes of lower grade material are stockpiled at the Farellon site and ready for processing at the El Peñón facility. The company currently has 1,046 tonnes of material in process with ENAMI. This material will be processed for sale and the revenue will be realized in the next coming months.