La Serena, Chile
Farellon and Maria Luisa
Altiplano Minerals entered into an agreement with Comet Exploration Ltd. regarding a joint venture on initially but not limited to two copper and gold projects called Farellon and Maria Luisa. Comet is a private Australian exploration and development company with a focus in Chile principally in base metal and gold projects, held through its Chilean subsidiary.
Pursuant to the agreement, Altiplano Minerals may earn up to an initial 50% interest in the Comet Joint Venture “CJV” by funding an aggregate of US$2,000,000 on or before May 31, 2017.