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Aldebaran Resources (TSXV: ALDE, OTCQX: ADBRF) has announced the filing of an updated Technical Report and Mineral Resource Estimate for its Altar copper-gold project in San Juan province, Argentina. The report, titled 'Technical Report Estimated Mineral Resources, Altar Project, San Juan Province, Argentina,' was completed by Independent Mining Consultants, Inc. from Tucson, Arizona, and has an effective date of December 31, 2024.
The technical report has been filed on SEDAR+ (www.sedarplus.ca) and will be available on the company's website. The scientific and technical data was reviewed and approved by Dr. Kevin B. Heather, Chief Geological Officer and Director of Aldebaran, who serves as the Qualified Person under NI 43-101 standards.
Aldebaran Resources Inc. (TSXV:ALDE, OTCQX:ADBRF) reported final results from its 2023/2024 drilling campaign at the Altar copper-gold project in Argentina. Key highlights include:
- ALD-24-150EXT: 1,229.50 m of 0.55% CuEq, including 742.90 m of 0.69% CuEq
- ALD-24-245: 735.00 m of 0.50% CuEq, including 202.55 m of 0.66% CuEq
- ALD-24-062EXT: 1,043.00 m of 0.37% CuEq, including 729.00 m of 0.43% CuEq
The results expanded the mineralized footprint laterally and at depth. Aldebaran plans to update the mineral resource estimate in H2 2024 and produce the first PEA on the project in H2 2025. The company expects a significant increase in resource size and confidence level, with a large portion potentially falling into the M&I category.
Aldebaran Resources reports significant drill results from the 2023/2024 field campaign at the Altar copper-gold project in San Juan, Argentina. The results include:
ALD-24-243: 1,517.00 m of 0.55% CuEq from 325.00 m depth, including 919.55 m of 0.66% CuEq from 527.00 m depth, and 227.00 m of 0.79% CuEq from 930.00 m depth, extending the mineralized footprint of Altar United porphyry to the North.
ALD-24-129EXT: 1,047.00 m of 0.38% CuEq from 164.00 m depth, including 116.30 m of 0.56% CuEq from 713.00 m depth, filling a drilling gap for the upcoming resource update.
ALD-24-165EXT: 986.00 m of 0.29% CuEq, including 333.50 m of 0.41% CuEq from 633.00 m depth, and 109.10 m of 0.60% CuEq from 851.00 m depth, also filling a gap for the resource update.
The results will support an updated mineral resource estimate in H2 2024.
Aldebaran Resources Inc., a mining company, reports positive drilling results at the Altar copper-gold project in San Juan, Argentina. The four drill holes mentioned in the press release extended the mineralization footprint, with ALD-24-241 returning one of the highest-grade intercepts to date. The results will contribute to a mineral resource update in H2 2024. Key findings include significant copper equivalent grades, gold mineralization, and the potential for low-cost heap leaching. The company is concluding the 2023/2024 field program with upcoming assays pending and plans for an Investor Day event in May 2024.
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OTC Markets Group Inc. has announced that Aldebaran Resources Inc. (ADBRF) has qualified to trade on the OTCQX Best Market, upgrading from the Pink market. This transition, effective June 28, 2021, enhances Aldebaran's visibility and accessibility to U.S. investors. The company, focused on mineral exploration, has significant projects in Argentina, including the Altar copper-gold project, which hosts multiple deposits. The upgrade signifies compliance with stringent financial and governance standards, aiming to improve trading transparency and investor confidence.
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