Aldebaran Resources Inc.

Aldebaran Resources Inc. is pleased to report results for five drill holes of the 2023/2024 field campaign at the Altar copper-gold project in San Juan, Argentina. The holes reported herein were all substantial step-outs to the north or south of known mineralization. The holes were designed to test the edges of known mineralization and expand the mineralized footprint within the large, conductive MT geophysical anomaly at [...]

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 within the large, conductive geophysical anomaly at Altar. As expected [...]

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 representing various styles of mineralization from the Altar project to [...]

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 currently has approximately $25 M cash on hand. John E. Black, Chief [...]

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 for the 2023-2024 field campaign, with four drill rigs already secured. The [...]

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 the listed issuer financing exemption under part 5A of National Instrument [...]

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 wholly-owned subsidiary of South32 Limited. The Company will issue a total of [...]

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 US$25 million over a three-year period to acquire an additional 20% interest [...]

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 per common share to increase its interest in the Company from 9.9% to [...]

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 at a price of $0.73 per Common Share for total proceeds of $708,100. In [...]