Aldebaran Resources is pleased to announce the results of a PEA, prepared in accordance with National Instrument 43-101 standards, for the Altar copper-gold project. The base case scenario utilizes a 60,000 tonnes per day concentrator, processing mineralized material from both open pit and underground sources. The results of the PEA are reported on a 100% basis, while Aldebaran owns an 80% interest in the project, with [...]
Aldebaran Resources Inc. is pleased to announce the official launch of Centauri Minerals Inc. , the previously announced new Aldebaran spin-out company formed to initially focus on exploration in Northern Argentina . In addition, Aldebaran and Centauri are pleased to report that a private seed financing round of C$5.7 million has been completed to execute exploration programs and administrative preparations for an initial [...]
Aldebaran Resources Inc. is pleased to announce its intention to transfer its portfolio of projects located in Salta, Jujuy, and Catamarca provinces of Argentina into a newly incorporated Canadian subsidiary focused on copper, gold, and silver exploration in Argentina. Aldebaran will continue to focus on the Altar copper-gold project located in San Juan, Argentina. Additionally, Aldebaran would like to announce that Sam [...]
Aldebaran Resources Inc. is pleased to provide results of the remaining 17 holes from the infill drilling program at the Altar project in San Juan, Argentina. The goal of these holes was to upgrade resource blocks classified as Inferred to the Measured & Indicated categories. All holes reported today were focused either on the Altar Central, Altar East or Altar United zones. All holes for the 2024/2025 field program have [...]
Aldebaran Resources Inc. is pleased to provide results of 11 holes from the in-fill drilling program currently being completed at the Altar project in San Juan, Argentina. The goal of these holes was to upgrade blocks of known resource classified as Inferred to Measured & Indicated. All holes reported today were focused either on the Altar Central or Altar United zones. Highlights ALDE-25-038EXT 578.00 m of 0.51% CuEq [...]
Aldebaran Resources Inc. is pleased to announce that field activities are progressing very well at the Altar copper-gold project, with 18,267.5 m of drilling having been completed to date. So far this field season, the Company has completed: 5,977.5 m of drilling for metallurgical samples required for the Phase 2 Nuton leaching program Material for the Phase 2 Nuton leaching program has been selected and shipped to Nuton [...]
Aldebaran Resources Inc. announces that incentive stock options have been granted to directors, officers, employees and consultants to purchase up to 7,150,000 common shares at a price of $1.74 per share for five years, pursuant to its Stock Option Plan. These stock options will vest over a two year period. The Company currently has 169,914,120 shares issued and outstanding, along with 13,980,000 options outstanding [...]
Aldebaran Resources Inc. is pleased to announce the filing on SEDAR+ of an updated Technical Report and Mineral Resource Estimate on the Altar copper-gold project located in San Juan province, Argentina , prepared in accordance with National Instrument 43-101 - Standards of Disclosure in Mineral Projects. The Altar Resource Estimate has an effective date of December 31, 2024 and was completed by Independent Mining [...]
Aldebaran Resources Inc. is pleased to announce that Nuton Holdings Ltd. , a Rio Tinto venture, has confirmed it will make the second payment pursuant to the Option to Joint Venture Agreement with Aldebaran announced on November 7, 2024. Aldebaran anticipates receiving the payment in early January 2025. Transaction Details Aldebaran entered into an Option to Joint Venture Agreement with Nuton, whereby Nuton has the [...]
Aldebaran Resources Inc. is pleased to announce the results of an updated mineral resource estimate for the Altar copper-gold project in San Juan, Argentina . This updated resource estimate includes three main porphyry discoveries reported within a single conceptual open pit. The 2024 Altar Resource Estimate is reported using the same cut-off as the 2021 mineral resource estimate, to allow for a direct comparison [...]
Aldebaran Resources Inc. is pleased to announce that field activities are underway and drilling has commenced at the Altar project in San Juan, Argentina. The Company has secured five drill rigs for the 2024/2025 field program, with an option on a sixth, and is targeting approximately 25,000 m of drilling. Much of the information required to complete a Preliminary Economic Assessment is already available except for [...]
Aldebaran Resources Inc. is pleased to announce that it has entered into an option to joint venture agreement with Nuton Holdings Ltd. , a Rio Tinto venture, whereby Nuton can acquire a 20% indirect interest in the Altar project by making staged payments totaling US$250 Million. Highlights Non-dilutive financing with an upfront payment of US$10 M US$20 M projected for Q4-2024 after the publication of an updated mineral [...]
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