Aldebaran Resources Inc.

Aldebaran Resourcesis pleased to announce that its non-brokered private placement, previously announced on July 20, 2022, has been upsized to 18,500,000 common shares at a price of $0.78 per Common Share for total gross proceeds of $14,430,000. On July 20, 2022, the Company announced a strategic investment by a wholly-owned subsidiary of South32 Limited to acquire a 9.9% interest in Aldebaran. Current shareholders of the [...]

Aldebaran Resources is pleased to announce that Ben Cherrington has joined the Company as Manager, Investor Relations. Ben Cherrington previously worked in media as a senior project director, leading marketing campaigns for executives in the mining sector across the Americas and Africa with Global Business Reports. Ben graduated from the University of Leeds in the UK with a BA Honours degree and received the Economic [...]

Aldebaran Resources is pleased to announce a C$10,296,000 non-brokered private placement by a wholly-owned subsidiary of South32 Limited, to advance the Company’s Altar copper-gold project in Argentina. South32 will invest C$10.3 million by way of a non-brokered private placement in the Company. The Company will issue an aggregate 13,200,000 common shares pursuant to the Private Placement at a price of $0.78 per Common [...]

Aldebaran Resources Inc. reports the results from the 3D IP/Resistivity and MT geophysical survey recently completed across the entire Altar copper-gold project. The survey was started in the 2020/2021 field season and completed during the 2021/2022 field season. The results of this survey have identified compelling targets that warrant additional drilling. A large >1 by 1-kilometre resistivity-low (conductivity-high [...]

Aldebaran Resources is pleased to announce that Stillwater Canada LLC, a wholly owned subsidiary of Sibanye Stillwater Limited and Aldebaran’s second largest shareholder, has elected to exercise 1,590,000 previously issued common share warrants for gross proceeds to the Company of $1,113,000. The warrants have an expiry date of September 15, 2022 and a strike price of $0.70.

Aldebaran Resources announces that it has optioned its 100% owned El Camino II claim, located in Salta, Argentina to NOA Lithium Brines, for total consideration of US$1,200,000 to be paid over a two year period, a 1% NSR on the property and a conditional US$1,000,000 payment. NOA will have the right to earn a 100% interest in the El Camino II claim by completing the following:

Aldebaran Resources Inc. reports additional drill results from its ongoing drill program at the Altar copper-gold project. The holes reported herein are QDM-21-044 and QDM-22-046, and the remainder of QDM-22-045. All three holes encountered long intercepts of copper-gold mineralization with QDM-21-044 also hitting an attractive gold intercept in the top of the hole. QDM-21-044 and QDM-22-046 encountered technical [...]

Aldebaran Resources Inc. is pleased to report the discovery of a new high-grade gold zone at the Altar copper gold project. The Company made the discovery in hole QDM-22-45, which is targeting the North extension of the Radio Porphyry copper-gold target and was drilled beneath the current resource for the QDM Gold deposit. QDM-22-45 is still in progress. Highlights A significant high-grade gold discovery has been made [...]

Aldebaran Resources Inc. is pleased to report assays from the first hole completed in the 2021/2022 drill campaign at the Altar copper-gold project located in San Juan, Argentina. The first hole, QDM-21-43, was collared in the QDM/Radio area of the project and was designed to begin testing the extent of mineralization at the Radio Porphyry target. The highlights are listed below, with corresponding images in Figures 1 to [...]

Aldebaran Resources is pleased to announce that drilling has commenced at the Altar copper-gold project for the 2021-2022 field season. The Company will have three rigs turning in November and a fourth rig will be added in early Dec. John E. Black, Chief Executive Officer of Aldebaran, commented: "We look forward to drilling out the exciting high-grade Radio Porphyry deposit so that we can bring that into an interim [...]