Altiplano Minerals Ltd.
TSX VENTURE : APN

Altiplano Minerals Ltd.

July 17, 2014 09:30 ET

Altiplano Minerals Ltd. Announces Changes to Management

EDMONTON, ALBERTA--(Marketwired - July 17, 2014) - Altiplano Minerals Ltd. ("Altiplano" or the "Company") (TSX VENTURE:APN) announces today the resignations of Brian Budd, as CEO and Director, and Peter Kleespies, as President, Director and Qualified Person, both of whom will continue in advisory roles. Effective immediately, John Williamson, the current Chairman of the Board, has assumed the roles of CEO, President and Qualified Person. In addition, the Company is pleased to announce the appointments of Mr. Ian McPherson and Mrs. Jo Price to the Board as new directors, subject to regulatory approval.

"Altiplano has weathered an extended downturn in the junior resource markets, preserving its enviable share structure while maintaining core assets and continuing to evaluate new opportunities. On behalf of the Board and shareholders, I would like to thank Brian and Peter for their efforts to advance Altiplano over the past two years and wish them well as they refocus on other endeavors" said John Williamson. "I would also like to welcome our new directors, Ian and Jo, as the Board has undertaken a strategic review to determine a course of action to create value for Altiplano's shareholders in the current marketplace."

Ian McPherson, B.A. (Hons)

Director

A graduate of Queen's University (1990), Mr. McPherson brings broad business acumen to the Board of Altiplano, having worked extensively in branding, strategic planning, marketing and advertising in both domestic and international markets across diverse industry categories. He has served the junior resource sector in recent years in financing, public relations and corporate development roles, most recently as the VP Communications for West Melville Metals Inc. and previously as the Director of Marketing for Aurora Mineral Resource Group and for The Discovery Group of Companies.

Jo Price M.Sc. Geology, P.Geol.

Director

Mrs. Price has a Bachelor of Science in Geology (1995) from the University of Wales, College of Cardiff, and a Master of Science in Geology (1997) from the Dalhousie University in Halifax. Mrs. Price is a professional geologist registered with the Associated of Professional Engineers and Geoscientists of Alberta (APEGA). She is also a member of the Society of Economic Geologists (SEG) and professional member of the American Institute of Professional Geologists (AIPG).

Mrs. Price is an independent geological consultant to a number of junior mining companies with more than 18 years in the field, including 9 years in project management. Her expertise ranges from project generation to advanced exploration projects. She has worked on multiple gold, poly-metallic, and graphite projects in the USA, Australia, and Canada. During her career, Mrs. Price has managed multi-million dollar exploration programs overseeing technical direction, budgets, and operations. She has extensive experience in field operations, drill programs, technical database administration, land management, and exploration permitting in multiple jurisdictions.

About the GD Property

The GD Property is located west of Babine Lake and south of Granisle, within the Omineca Mining Division of central British Columbia, approximately 25km south of the past producing Bell and Granisle copper mines. The property comprises 11 contiguous mineral claims covering a total of 4,162 hectares and encompassing a number of significant copper, molybdenum and gold targets in close proximity to infrastructure. The Babine Lake area surrounding the GD Property has been the focus of recent exploration interest for porphyry hosted Cu deposits. Significant copper producer Antofagasta Minerals S.A., in joint venture with Riverside Resources, is presently conducting exploration in the immediate area at the Flute and Lennac Properties.

About Altiplano

Altiplano Minerals Ltd. (TSX VENTURE:APN) is a mineral exploration company focused on acquiring projects with significant potential for discovery. Management is experienced in seeking out, advancing, and financing promising exploration projects in Canada and abroad. Altiplano completed its initial public offering of common shares on January 31, 2011 and maintains the GD Property as its primary mineral interest. The Company has weathered an extended downturn in the junior resource markets, preserving its enviable share structure while maintaining core assets and continuing to evaluate new opportunities. The Board and Management of Altiplano have undertaken a strategic review to determine a course of action to create value for Altiplano's shareholders in the current marketplace. Additional information concerning Altiplano can be found on its website at www.altiplanominerals.com.

ON BEHALF OF THE BOARD

John Williamson, Chairman

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the (TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address exploration drilling, exploitation activities and events or developments that the company expects are forward-looking statements. Although the company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com

Contact Information

  • Altiplano Minerals Ltd.
    John Williamson
    Chairman
    (780) 437-6624