Aldebaran Resources: Immense Copper-Gold Asset

Significant copper gold asset in the Andes

Aldebaran Resources is a mineral exploration company. It was spun out of Regulus Resources Inc. in 2018 and has the same core management team. Moreover, Aldebaran acquired the Rio Grande copper-gold project located in Salta Province, Argentina from Regulus along with several other early stage projects in Argentina. The company also has the right to earn up to an 80% interest in the Altar copper-gold project in San Juan Province, Argentina from Sibanye Stillwater. Altar hosts a large porphyry copper-gold system with mineralization currently defined in three distinct zones.

Aldebaran’s primary focus is the Altar project with a view to discovering new zones with higher-grade mineralization. Furthermore, the company’s plans for 2021 include a new resource estimate and drill results.

Aldebaran’s Altar Project

The Altar project forms part of a cluster of world-class porphyry copper deposits which includes Los Pelambres (Antofagasta Minerals), El Pachon (Glencore), and Los Azules (McEwen Mining). Additionally, a total of 259 drill holes (124,701 m) have been completed at Altar between 1995 and 2019. In mid-2018 an updated NI 43-101 resource was also prepared for Altar by Independent Mining Consultants Inc. based on the drilling completed up to 2017. 

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