Aldebaran Res - ADBRF STOCK NEWS

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.

Aldebaran Resources Inc. will host an Investor Day on May 29, 2024, at the TMX Market Centre in Toronto, Ontario, Canada. The event will feature presentations by key company executives, including an overview of the Altar copper-gold project using VRIFY and an analysis of the current state of Argentina. Pre-registration is required for in-person attendance, with webcasting available for remote participation.

Aldebaran Resources Inc. reports positive results for five drill holes at the Altar copper-gold project in Argentina. The holes extended the mineralized footprint, with significant copper equivalent grades reported. The company plans to focus on core deposit areas for future drilling.

Aldebaran Resources Inc. reports results from the first four drill holes of the 2023/2024 field campaign at the Altar copper-gold project in San Juan, Argentina. The results show significant step-outs to test for the southern extension of mineralization within the large, conductive geophysical anomaly at Altar. The holes intersected low- to moderate-grade mineralization in wall rocks that will add resources to a previously undrilled area. Hole ALD-23-234 successfully hit mineralization and will likely convert waste to resources in the upcoming mineral resource update for the project.

Aldebaran Resources Inc. announces 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 in San Juan, Argentina. The agreement grants Nuton exclusivity in the area of leaching technologies for one year and the parties will share the cost of the test program. Test work is expected to commence in H1 2024 with full results available approximately one year after the columns are loaded.

Aldebaran Resources Inc. has started drilling at the Altar copper-gold project for the 2023-2024 field season. The company aims to complete 15,000-20,000 m of drilling during this season. The drill program is fully funded, and the company has approximately $25 M cash on hand. The goal of the drill program is to demonstrate the full extent of mineralization at Altar and contribute to an updated Resource Estimate for the entire project planned in H2-2024.

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.