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Aldebaran Resources Intercepts 1,167.50 m of 0.48% CuEq, including 418 m of 0.67% CuEq in a Major Step-Out From Known Mineralization
VANCOUVER, British Columbia, March 01, 2023 (GLOBE NEWSWIRE) -- Aldebaran Resources Inc. ("Aldebaran" or the "Company") (TSX-V: ALDE, OTCQX: ADBRF) is pleased t
About this update from Aldebaran Resources Inc
[{"type":"text","content":" VANCOUVER, British Columbia, March 01, 2023 (GLOBE NEWSWIRE) -- Aldebaran Resources Inc. (\"Aldebaran\" or the \"Company\") (TSX-V: ALDE, OTCQX: ADBRF) is pleased to report additional results from two holes at its ongoing drilling campaign at the Altar copper-gold project in San Juan Province, Argentina. Hole ALD-22-222 was drilled in an area with no previous drilling and was designed to test a favourable geophysical signature coincident with a strong, multi-element talus fines geochemical anomaly at surface. Drill hole ALD-22-222 was terminated at 1,226.00 m depth. Hole ALD-22-223 represents a 500 m step out from previously drilled hole ALD-22-221 (see Company news release dated August 19, 2022) and was designed to test a geophysical anomaly in an area of favourable geological and geochemical information gleaned from nearby shallow drilling. Hole ALD-22-223 was terminated at 1,287.50 m depth. The Company notes that its CuEq formula has changed from previous press releases and that the updated CuEq formula incorporates estimated recoveries for all reported commodities. Highlights ALD-22-223 1,167.50 m of 0.48% CuEq from 120 m depth Including 418.00 m of 0.67% CuEq from 848 m depth Hole ended in mineralization ALD-22-222 25.30 m of 0.40% CuEq from 196.70 m depth 48.00 m of 0.27% CuEq from 248 m depth 378.00 m of 0.46% CuEq from 848 m depth Hole ended in mineralization John Black, Chief Executive Officer of Aldebaran, commented as follows: “Anytime you intersect over a kilometre of good-grade mineralization, it’s exciting. In the case of hole 223, it’s very encouraging as the mineralization starts near surface and is in an area with no previous drilling. This opens a very large area for potential resource expansion and demonstrates that the Altar deposit, while already very large, has the potential to become significantly larger.” Dr. Kevin B. Heather, Chief Geological Officer of Aldebaran, commented as follows: “Drill hole 223 should be viewed as a new brownfield discovery hole, considering that it was drilled into a previously undrilled area between Altar Central and Altar East, a significant distance from either of those known areas of mineralization. This is further verification that the geophysical anomaly is a reasonable proxy for mineralization and confirms our long-held belief that there is mineralization connec...