Aldebaran Resources Inc. is pleased to report results for hole ALD-23-225B from its ongoing drilling campaign at the Altar copper-gold project in San Juan Province, Argentina. Hole ALD-23-225B was drilled to test the continuity between mineralization encountered in previously released holes ALD-22-223 and ALD-23-224 , and to provide another pierce point into the promising geophysical anomaly that sits below and lateral to [...]
Aldebaran Resources Inc. reports that a wholly owned subsidiary of South32 Limited has elected to exercise its top-up right to maintain a 9.9% equity interest in Aldebaran. This top-up right resulted from the warrant exercise that was announced on May 5, 2023, which diluted South32 below its 9.9% position. Under the terms of the Investor Rights Agreement between Aldebaran and South32, the subscription price for this [...]
Aldebaran Resources Inc. is pleased to report additional results from two holes at its ongoing drilling campaign at the Altar copper-gold project in San Juan Province, Argentina. Hole ALD-23-224 was drilled in an area with limited previous drilling and was designed to test a coincident MT and DCIP resistivity geophysical anomaly while at the same time testing a 500 m gap between previously released ALD-22-221 and [...]
Aldebaran Resources Inc. reports that a total of 8,588,334 warrants at $0.70 have been exercised and the remaining 2,239,257 Warrants expired on May 3, 2023. The Warrants were issued as part of a private placement financing that closed in May 2021. This total includes the Warrants exercised by Route One Investment Company LLC and management, which was previously announced on March 30, 2023. The exercise of Warrants has [...]
Aldebaran Resources Inc. announces that it has retained Adelaide Capital Markets Inc., a leading investor relations and capital markets advisory firm, as an investor relations consultant, subject to acceptance for filing by the TSX Venture Exchange. The term of the agreement is for a period of three months unless otherwise extended. Adelaide is a full-service investor relations firm that brings a unique and powerful [...]
Aldebaran Resources Inc. announces that its largest shareholder, Route One Investment Company LLC, together with senior management of the Company, have agreed to an early exercise of 4.7 MM common share purchase warrants. These warrants have an expiry date of May 3, 2023, a strike price of $0.70, and gross proceeds to the Company will be $3.3 MM. An additional 5.3 MM warrants will remain outstanding after the early [...]
Aldebaran Resources Inc. is pleased to announce the promotion of two of its employees. Javier Roberto has been promoted from Country Manager, Argentina to Vice President and Country Manager, Argentina. Javier has worked with Aldebaran since its inception in 2019 and prior to working with Aldebaran, he worked with Regulus Resources and Antares Minerals, both companies run by senior management of the Company. Javier has [...]
Aldebaran Resources Inc. is pleased to report additional results from two holes at its ongoing drilling campaign at the Altar copper-gold project in San Juan Province, Argentina. Hole ALD-22-222 was drilled in an area with no previous drilling and was designed to test a favourable geophysical signature coincident with a strong, multi-element talus fines geochemical anomaly at surface. Drill hole ALD-22-222 was terminated [...]
Aldebaran Resources Inc. is pleased to provide an update on the ongoing drill program at the Altar copper-gold project located in San Juan, Argentina. The main goal of the 2022/2023 drill campaign is to follow up on the results of the 3D IP/Resistivity and MT geophysical survey completed last year across the entire Altar copper-gold project which revealed a compelling coincidence between the DCIP and MT resistivity data [...]
Aldebaran Resources Inc. is pleased to announce that drilling has commenced at the Altar copper-gold project for the 2022/2023 field season. The Company currently has one drill rig on the property and plans to have three rigs operating by the beginning of December. John E. Black, Chief Executive Officer of Aldebaran, commented: "Towards the end of the 2021/2022 field season we received very encouraging geophysical data [...]
Aldebaran Resources Inc. is pleased to report the remaining drill holes from the 2021/2022 drill program at the Altar copper gold project located in San Juan, Argentina. Holes QDM-22-47B, QDM-22-48B, QDM-22-49 and QDM-22-50B were designed to test for extensions of porphyry mineralization and provide sufficient drill hole density to support a maiden 43-101 mineral resource calculation at the Radio Porphyry target. Drill [...]
Aldebaran Resources is pleased to report results from drill holes ALD-22-220 and ALD-22-221. The goal of both holes was to test for extensions of mineralization of the Altar Central and Altar East deposits. Hole ALD-22-220 tested for a south-western extension of Altar Central, while ALD-22-221 tested for mineralization in between Altar Central and Altar East in an area previously not drilled. In addition, ALD-22-221 also [...]
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