Altiplano Metals Inc (CVE:APN) (OTCMKTS:ALTPF) said work for a new ventilation system at its Farellon copper-gold mine in Chile is progressing with the completion of the pre-installation civil works and the arrival of the new fans.
The Canadian mining company said the installation of the new ventilation system is part of the ongoing development and sustainability practices at Farellon and is designed to assist with productivity improvements over the next few months in advance of the mill start-up.
“The upgrade in ventilation maintains the health and well-being of the workers as the mine deepens, improves operational efficiencies, and provides the opportunity to increase the amount of equipment and personnel working on each shift underground,” Altiplano’s country manager for Chile Andrés Encina said in a statement.
The ventilation system involves the installation of a new 125 HP main exhaust fan, located in the northwest outside area of the mine, and three auxiliary fans located in the operational levels of the mine. The installation work is expected to continue over the next two weeks.
Altiplano Metals is focused on the acquisition and development of near-term, cash-flowing assets and exploration projects of significant scale. The Edmonton-based company is looking to grow into a mid-tier producer of copper, gold, and silver with its goal to have three cash-flowing assets by mid/late 2021.
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