Business
Aldebaran Resources Completes Geological-Structural Model for its Altar Copper-Gold Project
VANCOUVER, British Columbia, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Aldebaran Resources Inc. ("Aldebaran" or the "Company") (TSX-V: ALDE) is pleased to provide a sum
About this update from Aldebaran Resources Inc
[{"type":"text","content":" VANCOUVER, British Columbia, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Aldebaran Resources Inc. (\"Aldebaran\" or the \"Company\") (TSX-V: ALDE) is pleased to provide a summary of a newly developed geological-structural model for its flagship Altar copper-gold project located in San Juan Province, Argentina. The delivery of the first-ever, geological-structural model for the Altar project, provides a strong foundation for the forthcoming mineral resource estimate, which the Company expects to deliver by the end of Q1 2021. The mineral resource estimate will be the first created by Aldebaran on the Altar project (the 2018 resource estimate was completed by the previous operator). The focus of the updated mineral resource estimate is to highlight the higher-grade portions of the various porphyry centres within the Altar project. In addition, this model will help delineate possible extensions of known higher-grade mineralization and identify new, previously untested, exploration targets. This new, robust model is the result of integrating various new geological, structural, hyperspectral, and geophysical data sets collected by Aldebaran since assuming control of the project (see Dec 3, 2020 press release). Dr. Kevin B. Heather, Chief Geological Officer of Aldebaran, commented as follows: “The completion of this new geological model represents not only an advancement in our technical understanding of the Altar cluster of copper-gold porphyries, but also an important milestone in our quest to unlock hidden value from the project. The collection and integration of data sets that previously didn’t exist at Altar, along with the re-logging of over 115,000 meters of drill core, has highlighted numerous new geological features that we believe are fundamental to controlling the higher-grade copper-gold mineralization and better constraining the arsenic distribution; both of which will ultimately enhance the upcoming mineral resource estimate, as well as be critical in the development of new drill targets moving forward.” Key Takeaways From the Altar Geological-Structural Model The current Altar mineral resource model, released in 2018 and created by the previous operator of the project, is based on a strictly geo-statistical model, and used little geological constraints or inputs. The new Altar geological-structural model offers for the firs...