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Aldebaran Resources commences 2023-2024 drill program at Altar
The Fly

Aldebaran Resources commences 2023-2024 drill program at Altar

Aldebaran Resources is pleased to announce that drilling has commenced at the Altar copper-gold project for the 2023-2024 field season. The Company currently has four active drill rigs on the property and is targeting 15,000-20,000 m of drilling to be completed during the current field season. The drill program is fully funded and the Company currently has approximately $25 M cash on hand. John E. Black, Chief Executive Officer of Aldebaran, commented: “The results of the 2022-2023 field season corroborated our idea that additional mineralization occurs between the Altar Central and Altar East mineralized centres, with the discovery of Altar United that appears to connect Altar Central and East together into a very large mineralized system. The current resource we have in hand, in addition to successful drilling from previous seasons, indicates that Altar is one of the largest undeveloped copper-gold projects in the world. The goal of the 2023-2024 drill program is to continue drilling 200 m step-outs to demonstrate the full extent of mineralization at Altar, which will contribute to an updated Resource Estimate for the entire project planned in H2-2024.”

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