Mr. John Williamson reports

ALTIPLANO MINERALS LTD INTERSECTS 10.29 % COPPER OVER 0.76 M AT FARELLON, LA SERENA, CHILE

Altiplano Minerals Ltd. is continuing underground development and diamond drilling at the Farellon project in La Serena, Chile.

During the third quarter, the Comet joint venture has completed decline refurbishment, including rock bolting, installation of wire mesh and completing portal fortification for long-term use. The decline development and drilling were both suspended while refurbishment and fortification work was being completed. The Comet joint venture anticipates that both decline advancement and drilling will resume this week. The decline is currently at 360 metres.

During the pause in mining activity, the Comet joint venture has completed surface and underground decline mapping, and core logging and sampling. During the period, assays were received for holes 18, 20 and 25. Significant results herein show the significant intersections over the last 80 metres to 100 metres along the decline. Assay results are still pending for holes 21 to 24. Results are shown with calculated estimated true widths unless otherwise specified. Estimated true widths range between 75 per cent and 90 per cent of core length.

Selected highlights:

• Hole 18 -- 2.02 per cent copper over 1.5 metres;
• Hole 20 -- 6.40 per cent copper over 1.75 metres, including 10.29 per cent copper over 0.76 metre and 9.45 per cent copper over core length of 1.14 metres;
• Hole 25 -- 1.75 per cent copper over 2.02 metres, including 3.17 per cent copper over one metre.

Chief executive officer John Williamson stated: "We are excited about the results we intersected in hole 20, which is the most easterly hole drilled to date and shows significant copper results over minable widths. As our due diligence underground sampling showed, there are higher-grade wider portions to the Farellon vein system. Intersections of this calibre will have a positive impact on our modelling."

About Altiplano Minerals Ltd.

Altiplano Minerals 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.

We seek Safe Harbor.