Alturas Minerals Announces "Encouraging" Assay Results from Chapi Chapi Project

Alturas Minerals Corp. (ALT.V), which has hit year low $0.095 at the close of the December 13 session, could recoup gains today after announcing encouraging assay results from the first four widely-spaced diamond drill holes completed as part of the first phase 5,000 meter drill program at its Chapi Chapi project in southeastern Peru.

Miguel Cardozo, President and CEO of Alturas commented: "The significant lateral and vertical extent of the mineralization encountered to date would suggest that we are on track to defining a large, potentially economic, copper-gold mineralized system and that a second phase drilling program of 10,000 meters planned for 2012 is now fully justified."

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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