Aldebaran Announces Commencement of Drill Program at Altar
NEWS RELEASE
Aldebaran Announces Commencement of Drill Program at Altar
VANCOUVER, CANADA (November 4, 2021) – Aldebaran Resources Inc. ("Aldebaran" or the "Company")
(TSX-V: ALDE, OTCQX: ADBRF) 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 December.
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 resource. With four drill rigs soon to be
on site and a longer field season, this will be the largest drill program at the Altar project completed by Aldebaran.”
The drill program will focus on extending the high-grade mineralization at the Radio porphyry deposit and then
bringing Radio into an interim 43-101 resource. The drill program will also aim to expand the in-pit resources at Altar
Central and Altar East and drill several untested greenfield targets, some of which are partially within or immediately
adjacent to the current resource pit-shell.
ON BEHALF OF THE ALDEBARAN BOARD
“John Black”
John Black
Chief Executive Officer and Director
Please click here and subscribe to receive future news releases:
https://aldebaranresources.com/contact/subscribe/
For further information, please consult our website at www.aldebaranresources.com or contact:
Laura Brangwin
Investor Relations Manager
Phone: +1 646 583-1404
Email: [email protected]
About Aldebaran Resources Inc.
Aldebaran is a mineral exploration company that was spun out of Regulus Resources Inc. in 2018 and has the same
core management team. Aldebaran acquired the Rio Grande copper-gold project located in Salta Province, Argentina
from Regulus along with several other early-stage projects in Argentina. Aldebaran 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
cluster of large porphyry copper-gold systems with mineralization currently defined in four distinct zones. The Altar
project forms part of a larger cluster of world-class porphyry copper deposits, which includes Los Pelambres in Chile
(Antofagasta Minerals), along with El Pachón (Glencore), and Los Azules (McEwen Copper) in Argentina. A total of
266 drill holes (123,968 m) have been completed at Altar between 1995 and 2021. In March 2021 the Company
announced an updated mineral resource estimate for Altar, prepared by Independent Mining Consultants Inc. and
based on the drilling completed up to and including 2020. Aldebaran’s primary focus is the Altar project with a view
to discovering new zones with high-grade mineralization.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
Certain statements regarding Aldebaran, including management's assessment of future plans and operations, may
constitute forward-looking statements under applicable securities laws and necessarily involve known and unknown
risks and uncertainties, most of which are beyond Aldebaran's control. Often, but not always, forward -looking
statements or information can be identified using words such as "plans", "expects" or "does not expect", "is expected",
"budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate" or "believes" or
variations of such words and phrases or statements that certain actions, events or results "may", "could", "would",
"might" or "will" be taken, occur or be achieved.
Specifically, and without limitation, all statements included in this press release that address activities, events or
developments that Aldebaran expects or anticipates will or may occur in the future, including the proposed exploration
and development of the Altar project described herein, and management's assessment of future plans and operations
and statements with respect to the completion of the anticipated exploration and development programs, may
constitute forward-looking statements under applicable securities laws and necessarily involve known and unknown
risks and uncertainties, most of which are beyond Aldebaran's control. These risks may cause actual financial and
operating results, performance, levels of activity and achievements to differ materially from those expressed in, or
implied by, such forward-looking statements. Although Aldebaran believes that the expectations represented in such
forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct.
The forward-looking statements contained in this press release are made as of the date hereof and Aldebaran does
not undertake any obligation to publicly update or revise any forward-looking statements or information, whether as
a result of new information, future events or otherwise, unless so required by applicable securities law.