Welcome to Aldebaran Resources
Aldebaran Resources has acquired a 60% interest in the Altar copper-gold project in mining-friendly San Juan province, Argentina, from Sibanye-Stillwater, and is earning in to acquire a further 20% for a total 80% interest. Aldebaran is led by a management team with a track record of success, and is advancing Altar with strategic partners including South32, Route One Investment Company and Rio Tinto. Recent drilling has focused on growing the mineralized footprint of the project, and an updated Mineral Resource Estimate (MRE) is expected to significantly increase the size of the resource in H2 2024.
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Altar Copper Gold Project
San Juan Province, Argentina
The Altar copper-gold project hosts a cluster of porphyry deposits in San Juan, Argentina, which Aldebaran is expanding through exploration and development to deliver to the rising copper market. The 2024 pit-constrained resource for the main Altar deposit, which consists of the Altar Central, Altar United, and Altar East porphyry centres, has 22.01 billion lbs copper, 5.08 million oz gold and 93.76 million oz silver in the Measured and Indicated categories, plus 9.83 billion lbs copper, 1.71 million oz gold and 49.04 million oz silver in the Inferred category. This resource positions Altar as one of the very few truly giant copper-gold projects still in the hands of a junior exploration company. Aldebaran is now advancing Altar towards a Preliminary Economic Assessment (PEA) in 2025 and a Pre-Feasibility Study (PFS) in 2026.
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