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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Aldebaran
Fact Sheet
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 to deliver to the rising copper market. The 2021 pit-constrained resource for Altar East and Altar Central showed 11.4B lb Cu and 3.4Moz Au in the Measured and Indicated categories, plus 1.7B lb Cu and 0.4Moz Au Inferred. This is already one of the largest copper projects held by a junior company, and drilling results since the 2021 resource update suggest the project is poised to grow significantly, as the Company transitions to an updated Mineral Resource Estimate (MRE) in 2024 and Preliminary Economic Estimate (PEA) in 2025.
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