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Aldebaran Resources Inc.
Summary
| Project: | Altar | |
|---|---|---|
| Deposit: | Altar | |
| Location: | Argentina | |
| Commodities: | Gold-Copper-Silver-Molybdenum | |
| Date: | 10/3/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 3-10-2019: Aldebaran Resources Inc. announces an Exploration/Drilling Update report for its Altar deposit at the Altar project. Drilling results incl. 1141.50m @ 0.043g/t Au, 0.465% Cu, 1.1g/t Ag, 75ppm Mo from 237.50m. VANCOUVER, CANADA (October 3, 2019) | |
| Resources: | ||
| CP/QP: | [Overall Report]: Kevin B. Heather (Internal) | |
| ABSTRACT: | VANCOUVER, CANADA (October 3, 2019) – Aldebaran Resources Inc. ("Aldebaran" or the "Company") (TSXV: ALDE) is pleased to announce the discovery of a new mineralized porphyry centre below the Quebrada De La Mina (“QDM”) surface gold mineralization at its Altar copper-gold project in San Juan Province, Argentina ("Altar" or the "Altar project"). The Altar project is a very large, low grade resource that currently has over 14 billion lbs of contained copper and 4.8 million ounces of gold on a measured and indicated basis, plus an additional 3.4 billion lbs copper and 1.09 million ounces gold on an inferred basis (NI 43-101 resource estimate prepared by IMC effective September 28, 2018). One of our goals is to explore and expand the higher-grade zones to identify a higher-grade resource within the project, as well as identify and drill test several new target areas. The results from the drill program completed in 2019 are reported below in Table 1. A total of 5,400 m was drilled in four diamond core holes. Two of the three holes that reached their target depth intersected long intervals of higher than current resource grade material, one of which (QDM-19-41) was the discovery of a new porphyry centre. | |
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