Aldebaran Resources Inc. is pleased to report results from the first four drill holes of the 2023/2024 field campaign at the Altar copper-gold project in San Juan, Argentina. Due to snow constraints at the time of commencing the current field season, three of the holes were significant step-outs to test for the southern extension of mineralization [...]
Aldebaran Resources Inc. , is pleased to announce that it has entered into a collaboration agreement with Nuton LLC, a Rio Tinto Venture to evaluate the use of Nuton's proprietary primary sulphide leaching technologies on the Altar copper-gold project, located in San Juan, Argentina. Under the terms of the agreement, Aldebaran will deliver samples [...]
Aldebaran Resources Inc. is pleased to announce that drilling has commenced at the Altar copper-gold project for the 2023-2024 field season. The Company currently has four active drill rigs on the property and is targeting 15,000-20,000 m of drilling to be completed during the current field season. The drill program is fully funded and the Company [...]
Aldebaran Resources Inc. is pleased to report results for all unreported drill holes from the 2022-2023 field campaign at the Altar copper-gold project in San Juan, Argentina. All holes hit mineralization and expanded the mineralized footprint of the Altar project by several hundreds of meters in multiple directions. Planning is currently underway [...]
Aldebaran Resources Inc. , is pleased to announce it has completed its previously announced $20.5 million financing, led by a strategic investment from a wholly-owned subsidiary of South32 Limited . The financing was completed via a non-brokered private placement . The Company issued 1,000,000 common shares in the capital of the Company pursuant to [...]
Aldebaran Resources Inc. , is pleased to announce that it has increased the size of its previously announced non-brokered private placement from $17,468,604 to $19,228,604. Upon closing of the Private Placement, the Company will issue 8,528,756 common shares at $1.01 per Common Share and 1,962,000 Common Shares at $0.88 per Common Share to a [...]
Aldebaran Resources Inc. , is pleased to announce it has completed the US$30 million in expenditures required to earn a 60% interest in the Altar copper-gold project pursuant to its joint venture agreement with Sibanye-Stillwater. Additionally, the Company has notified Sibanye-Stillwater that it intends to proceed with the second option to spend [...]
Aldebaran Resources Inc. , is pleased to announce a C$17,468,604 non-brokered private placement led by investments from a wholly-owned subsidiary of South32 Limited and Route One Investment Company LLC . The Private Placement will be structured in two tranches. Highlights In the first tranche, South32 will acquire 8,528,756 common shares at $1.01 [...]
Aldebaran Resources Inc. , is pleased to announce it has completed its previously announced top-up financing with a subsidiary of South32 Limited . South32 elected to exercise its anti-dilution rights to maintain a 9.9% equity interest in the Company following the exercise of warrants announced on May 5, 2023. South32 acquired 970,000 common shares [...]
Aldebaran Resources Inc. is pleased to report results for holes ALD-23-227 and ALD-23-228 from its ongoing drilling campaign at the Altar copper-gold project in San Juan Province, Argentina. Hole ALD-23-227 was a 200 m step out hole to the north from previously released ALD-22-223 . ALD-23-228 was a 200 m step out to the north from previously [...]
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 [...]
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 [...]