Business

Aldebaran Resources Defines Compelling Copper-Gold Targets at Altar from Deep-Penetrating IP/Resistivity and MT Geophysical Surveys

VANCOUVER, British Columbia, June 13, 2022 (GLOBE NEWSWIRE) -- Aldebaran Resources Inc. (“Aldebaran” or the “Company”) (TSX-V: ALDE, OTCQX: ADBRF) reports the r

articleAldebaran Resources IncJune 13, 20224/company/aldebaran-resources/news/aldebaran-resources-defines-compelling-copper-gold-targets-at-altar-from-deep-penetrating-ipresistivity-and-mt-geophysical-surveys
Aldebaran Resources Defines Compelling Copper-Gold Targets at Altar from Deep-Penetrating IP/Resistivity and MT Geophysical Surveys

About this update from Aldebaran Resources Inc

[{"type":"text","content":" VANCOUVER, British Columbia, June 13, 2022 (GLOBE NEWSWIRE) -- Aldebaran Resources Inc. (“Aldebaran” or the “Company”) (TSX-V: ALDE, OTCQX: ADBRF) reports the results from the 3D IP/Resistivity and MT geophysical survey recently completed across the entire Altar copper-gold project. The survey was started in the 2020/2021 field season and completed during the 2021/2022 field season. The results of this survey have identified compelling targets that warrant additional drilling. Highlights A large >1 by 1-kilometre resistivity-low (conductivity-high) target located between Altar Central and Altar East within a larger 3 by 3-kilometre resistivity anomaly that includes the better grade mineralization from historical drilling at Altar Central and East (see Figure 2). Broad zones of higher-grade mineralization in historic drill holes associated with the anomaly demonstrate that the target may host attractive copper-gold mineralization. Hole ALD-22-221, which was started prior to receiving the final 3DIP-MT data and was recently completed (assays pending), will test the northern edge of this geophysical target. At Altar Southeast, a similar low-resistivity anomaly is coincident with a multi-element talus fines geochemistry anomaly which sits within the current resource pit shell (see Figures 1 and 3). These targets present additional opportunities to significantly expand the mineralization at the Altar project and will be drill tested in the 2022/2023 field season. Dr. Kevin B. Heather, Chief Geological Officer of Aldebaran, commented as follows: “The strong coincidence between the conductive (low-resistivity) areas from the IP and MT data with areas of known copper-gold mineralization defined by previous drilling is compelling. Coupled with the fact that only a small portion of the favourable-looking anomaly, situated between south and below the Altar Central and East deposits, has been drill-tested, this suggests that the Altar system could truly be the super-giant we thought it might be during our original due-diligence on the project before entering into an agreement with Sibanye Stillwater Limited back in 2018. In addition, the geophysical confirmation of the Altar Southeast geochemical target provides another encouraging target for drill testing during the 2022/2023 field campaign. We had started drill hole ALD-22-222 to...

More updates from Aldebaran Resources Inc