Aldebaran

Aldebaran Announces South32 Has Elected to Exercise Its Top-Up Right to Maintain A 9.9% Equity Interest

Retrieved on: 
Thursday, May 18, 2023
OTCQX, Exercise, Fund for Protection of Investors' Rights in Foreign States, CAD, News, Security (finance), Aldebaran, South32

VANCOUVER, British Columbia, May 18, 2023 (GLOBE NEWSWIRE) -- Aldebaran Resources Inc. (“Aldebaran” or the “Company”) (TSX-V: ALDE, OTCQX: ADBRF) reports that a wholly owned subsidiary of South32 Limited (“South32”) has elected to exercise its top-up right to maintain a 9.9% equity interest in Aldebaran.

Key Points: 
  • VANCOUVER, British Columbia, May 18, 2023 (GLOBE NEWSWIRE) -- Aldebaran Resources Inc. (“Aldebaran” or the “Company”) (TSX-V: ALDE, OTCQX: ADBRF) reports that a wholly owned subsidiary of South32 Limited (“South32”) has elected to exercise its top-up right to maintain a 9.9% equity interest in Aldebaran.
  • This top-up right resulted from the warrant exercise that was announced on May 5, 2023, which diluted South32 below its 9.9% position.
  • Under the terms of the Investor Rights Agreement between Aldebaran and South32, the subscription price for this top-up is equal to the five-day volume weighted average price prior to South32 notifying the Company of its decision to exercise its right.
  • The net result is that South32 will acquire 970,000 common shares at a price of $0.73 for gross proceeds to the Company of CAD$708,100.

Aldebaran Intercepts 769.50 m of 0.55% CuEq, Including 366 m of 0.65% CuEq at Altar Copper-Gold Project, San Juan Province, Argentina

Retrieved on: 
Thursday, May 11, 2023
Quartz, Metal, Q&A, Honours degree, Silver, EST, AG, Molybdenum, PST, FGS, QP, Gold, National instrument, CGO, Weather, Copper, News, Silviculture, Granite, Aldebaran

The formula utilized to calculate equivalent values is CuEq % = Cu % + (Au g/t * 0.34025) + (Ag g/t * 0.00446) + (Mo ppm * 0.00023).

Key Points: 
  • The formula utilized to calculate equivalent values is CuEq % = Cu % + (Au g/t * 0.34025) + (Ag g/t * 0.00446) + (Mo ppm * 0.00023).
  • Holes ALD-23-225B, ALD-23-227 and ALD-23-228 were recently completed at 1,347.2 m, 1,238.5 m and 1,241.6 m respectively.
  • Hole 23-189EXT, which recently commenced, is an extension of a historically drilled hole ALD-12-189 which was originally terminated at 592 m depth.
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Aldebaran Announces Execution of Investor Relations Agreement with Adelaide Capital

Retrieved on: 
Monday, April 24, 2023
OTCQX, TSX Venture Exchange, News, Cryptocurrency, Aldebaran

VANCOUVER, British Columbia, April 24, 2023 (GLOBE NEWSWIRE) -- Aldebaran Resources Inc. (“Aldebaran” or the “Company”) (TSX-V: ALDE, OTCQX: ADBRF) announces that it has retained Adelaide Capital Markets Inc., a leading investor relations and capital markets advisory firm, as an investor relations consultant, subject to acceptance for filing by the TSX Venture Exchange.

Key Points: 
  • VANCOUVER, British Columbia, April 24, 2023 (GLOBE NEWSWIRE) -- Aldebaran Resources Inc. (“Aldebaran” or the “Company”) (TSX-V: ALDE, OTCQX: ADBRF) announces that it has retained Adelaide Capital Markets Inc., a leading investor relations and capital markets advisory firm, as an investor relations consultant, subject to acceptance for filing by the TSX Venture Exchange.
  • Adelaide is a full-service investor relations firm that brings a unique and powerful perspective and a re-engineered investor relations business model.
  • Adelaide will work closely with Aldebaran to develop and deploy a comprehensive capital markets program, which includes assisting with non-deal road shows, virtual campaigns, conferences and assisting with investor communication.
  • Adelaide and its principals do not engage in market making activities and will restrict its services to public relations and investor relations counselling.

Aldebaran Resources: Expands Potential for Major Copper Project, CEO Clips Video

Retrieved on: 
Tuesday, April 11, 2023
Aldebaran, Altar, Oil, Mining

Vancouver, British Columbia--(Newsfile Corp. - April 11, 2023) - Aldebaran Resources Inc. (TSXV: ALDE) (OTCQX: ADBRF) - With a group of experienced geologists specializing in identifying, acquiring, drilling, and selling large copper deposits, Aldebaran recently announced a major breakthrough in their flagship project, the Altar Copper-Gold Project in north central Argentina.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - April 11, 2023) - Aldebaran Resources Inc. (TSXV: ALDE) (OTCQX: ADBRF) - With a group of experienced geologists specializing in identifying, acquiring, drilling, and selling large copper deposits, Aldebaran recently announced a major breakthrough in their flagship project, the Altar Copper-Gold Project in north central Argentina.
  • New drill results have shown promising expansion potential for the project.
  • With the global demand for copper growing, Aldebaran Resources is in an excellent position to deliver a significant copper project to the world.

Aldebaran Announces Early Exercise of Warrants by Route One and Senior Management and Addition of a Fourth Drill Rig at the Altar Project

Retrieved on: 
Thursday, March 30, 2023
OTCQX, Exercise, MM, News, Security (finance), Aldebaran

These warrants have an expiry date of May 3, 2023, a strike price of $0.70, and gross proceeds to the Company will be $3.3 MM.

Key Points: 
  • These warrants have an expiry date of May 3, 2023, a strike price of $0.70, and gross proceeds to the Company will be $3.3 MM.
  • An additional 5.3 MM warrants will remain outstanding after the early exercise described above.
  • The Company also advises that it has secured a fourth drill rig, expected to be on site in the coming days.
  • These warrant exercises top up the treasury and help us bring a fourth drill rig onto the property.

Aldebaran Announces Officer Appointments

Retrieved on: 
Thursday, March 23, 2023
OTCQX, Aldebaran, Senior, Corporation, Corporate development, Management

VANCOUVER, British Columbia, March 23, 2023 (GLOBE NEWSWIRE) -- Aldebaran Resources Inc. ("Aldebaran" or the "Company", TSX-V: ALDE, OTCQX: ADBRF) is pleased to announce the promotion of two of its employees.

Key Points: 
  • VANCOUVER, British Columbia, March 23, 2023 (GLOBE NEWSWIRE) -- Aldebaran Resources Inc. ("Aldebaran" or the "Company", TSX-V: ALDE, OTCQX: ADBRF) is pleased to announce the promotion of two of its employees.
  • Javier Roberto has been promoted from Country Manager, Argentina to Vice President and Country Manager, Argentina.
  • Javier has worked with Aldebaran since its inception in 2019 and prior to working with Aldebaran, he worked with Regulus Resources and Antares Minerals, both companies run by senior management of the Company.
  • Adam has worked with Aldebaran since March 2019 and has played a key role in developing and advancing business strategy within the Company.

Aldebaran Intercepts 1,167.50 m of 0.48% CuEq, including 418 m of 0.67% CuEq in a Major Step-Out From Known Mineralization

Retrieved on: 
Wednesday, March 1, 2023
Quartz, News, Gold, National instrument, Silver, AG, QP, Honours degree, CGO, FGS, Q&A, Copper, EST, Metal, Molybdenum, PST, Silviculture, Granite, Aldebaran

The formula utilized to calculate equivalent values is CuEq % = Cu % + (Au g/t * 0.34025) + (Ag g/t * 0.00446) + (Mo ppm * 0.00023).

Key Points: 
  • The formula utilized to calculate equivalent values is CuEq % = Cu % + (Au g/t * 0.34025) + (Ag g/t * 0.00446) + (Mo ppm * 0.00023).
  • Its final depth was 1,226.00 m, and the hole was drilled at -75 degrees inclination and 324 degrees azimuth.
  • Its final depth was 1,287.50 m and the hole was drilled at -78 degrees inclination and 185 degrees azimuth.
  • Holes ALD-23-224, ALD-23-225B and ALD-23-226 were 1,130 m, 390 m and 920 m deep respectively, at the time of this release.

Aldebaran Provides Update on Altar Drill Program

Retrieved on: 
Monday, February 6, 2023
FGS, National instrument, DCIP, QP, OTCQX, QA/QC, Altar, Honours degree, Anomaly, News, Uranium, Aldebaran

VANCOUVER, British Columbia, Feb. 06, 2023 (GLOBE NEWSWIRE) -- Aldebaran Resources Inc. ("Aldebaran" or the "Company") (TSX-V: ALDE, OTCQX: ADBRF) is pleased to provide an update on the ongoing drill program at the Altar copper-gold project located in San Juan, Argentina.

Key Points: 
  • VANCOUVER, British Columbia, Feb. 06, 2023 (GLOBE NEWSWIRE) -- Aldebaran Resources Inc. ("Aldebaran" or the "Company") (TSX-V: ALDE, OTCQX: ADBRF) is pleased to provide an update on the ongoing drill program at the Altar copper-gold project located in San Juan, Argentina.
  • Drill holes ALD-22-220 and ALD-22-221 from the 2021/2022 drill campaign confirmed the Company’s long held belief that the Altar system is much bigger than previously thought (see news release dated August 18, 2022) and confirmed the DCIP/MT geophysical anomaly should represent mineralization.
  • The Company currently has three rigs actively drilling on the property with two holes recently completed (see Figure 1 for locations and projected drill hole traces).
  • All of these holes represent >200 m step outs from historic drill holes and will add valuable information for an eventual resource update.

Aldebaran Announces Commencement of Drill Program at Altar Project

Retrieved on: 
Tuesday, November 15, 2022
EST, IP, Anomaly, FGS, QP, Radio, OTCQX, Altar, National instrument, Q&A, Honours degree, News, MT, PST, Lithium, Aldebaran

VANCOUVER, British Columbia, Nov. 15, 2022 (GLOBE NEWSWIRE) -- 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 2022/2023 field season.

Key Points: 
  • VANCOUVER, British Columbia, Nov. 15, 2022 (GLOBE NEWSWIRE) -- 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 2022/2023 field season.
  • The Company currently has one drill rig on the property and plans to have three rigs operating by the beginning of December.
  • The goals of the 2022/2023 drill program are to further test this promising anomaly and test undrilled areas currently defined as waste in the 2021 resource estimate.
  • Additional high-priority drill holes will be testing areas within the large geophysical anomaly, which have more favourable geological and alteration indicators gleaned from the historical drill holes.

Aldebaran Reports All Remaining Holes From 2021/2022 Altar Drill Program

Retrieved on: 
Wednesday, September 7, 2022
QP, National instrument, Honours degree, TD, Gold, Vein, Silver, FGS, News, AG, Metal, Molybdenum, Galena, Copper, Uranium, Printed circuit board, Granite, Aldebaran

The holes transition into the andesitic volcanic-sedimentary host rock package of early Miocene age, crosscut by narrow dacite dykes.

Key Points: 
  • The holes transition into the andesitic volcanic-sedimentary host rock package of early Miocene age, crosscut by narrow dacite dykes.
  • The intensity of alteration is variable on the lower portion of these holes, with a notable increase in pyrite content associated with intense quartz-tourmaline alteration.
  • The purpose of these holes was to test for the vertical extension of higher-grade mineralization found in QDM-21-034 and QDM-22-043.
  • It was intended to drill perpendicular to holes QDM-22-045 and QDM-22-048B infilling an area with no previous drilling.