Aldebaran Resources Inc · TSXV:ALDE
Aldebaran Resources — Investor Presentation (August 2023)
25 slides from Aldebaran Resources's investor presentation, August 2023
Slide 1: The Altar Copper Gold Project
The Altar Copper Gold Project Revealing the Next Copper Giant in San Juan, Argentina TSX.V: ALDE OTCQX: ADBRF August 2023
Slide 2: Disclaimer: Forward Looking Statement
DISCLAIMER FORWARD LOOKING STATEMENT This presentation contains forward‐looking statements and forward‐looking information (collectively, “forward‐looking statements”) within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, includin
Slide 3: Investment Highlights
INVESTMENT HIGHLIGHTS Advancing One Of The Opportunities To Located In An Right Management Largest Undeveloped Grow And Improve Emerging Hotbed Team & Partners Copper Deposits In The Deposit For Mining To Execute The World • Earning an 80% interest • Very large geophysical • Project located in San •
Slide 4: Who Are We? Core Management Team Has A Track Record Of Success
WHO ARE WE? Aldebaran’s Core Management Team Has A Track Record Of Success OTHER KEY ALDEBARAN’S CO-FOUNDERS MANAGEMENT Adam Greening, B.Sc., MBA SVP, Corporate Development • 15+ years of experience in corporate development, exploration and strategy • Formerly with Yamana Gold and Goldcorp B.Sc., MB
Slide 5: What Is Driving Copper Demand?
WHAT IS DRIVING COPPER DEMAND? Significant Copper Required For Green Energy Transition Renewable energy systems use up to 12x more FORECAST WORLD COPPER CONSUMPTION – 2021 to 2050 copper than conventional power systems Source: McKinsey 5 t Cu/MW 9.6 t Cu/MW Solar PV Offshore Wind Farms vs 60-83 kg C
Slide 6: Our Strategy
OUR STRATEGY Management With A Clear Business Model And Successful Track Record 01 02 03 The Team’s Acquire Mineral Add Value by Monetize By Companies Resources with Expanding Resource Selling to a and Key Projects Overlooked Potential & Project De-Risking Major Mining Co Aldebaran 2018 2019 – Prese
Slide 7: How Did We Acquire Altar?
HOW DID WE ACQUIRE ALTAR? Aldebaran Has The Option To Acquire Up To An 80% Interest n Altar Altar was sold to Initial Payment Earn In 60% Earn In 80% Stillwater Mining for US$487.1 M1 in 2011 Aldebaran to spend Earn an additional with +US$45 M in US$15 M 20% by incurring subsequent exploration payme
Slide 8: Who Are We? A Tightly-Held Junior With Strong Financial Supporters
WHO ARE WE? A Tightly-Held Junior With Strong Financial Supporters Strong Shareholder Backing Capital Structure* Management has invested C$2.4 M buying shares over the last 3 years Ticker (TSX.V) ALDE INSIDERS Ticker (OTCQX) ADBRF 5.64% 16.44% Shares issued 148,228,364 Fully diluted 160,378,364 Shar
Slide 9: ALDE.V Share Price Performance
ALDE.V SHARE PRICE PERFORMANCE Consistent Share Price Evolution On An Upward Trajectory $1.20 $1.00 $0.80 Financing August 2023, South32 ($0.94*) $0.60 May 3, 2023: Exercise of 8.6M Financing August 2022 warrants ($0.70) ($0.78) South32 $0.40 Financing Strategic Investment May 2021 ($0.45) $0.20 Fin
Slide 10: Argentina - A Hotbed For Investment
ARGENTINA - A HOTBED FOR INVESTMENT Selected Recent Investments By Major Mining Companies1 Rio Tinto acquires Rincon lithium project (US$825 M) Argentina Mining Provinces Map Ganfeng Lithium Co. to acquire Lithea Inc (US$962 M) Glencore to acquire Pan American's 56% stake in MARA (US$475 M) BHP acqu
Slide 11: Where Is The Altar Project?
WHERE IS THE ALTAR PROJECT? Located In San Juan, Argentina Josemaria (Lundin Mining) (Lundin Mining) Aldebaran’s flagship Altar project ARGENTINA is located near existing mines and Filo del Sol (Filo Mining) Operating Mine large copper-gold projects, in the Pascua-Lama (Barrick) Mining Project top r
Slide 12: Altar: Significant Resource In Hand
ALTAR: SIGNIFICANT RESOURCE IN HAND Resource Dominantly In M&I Category M&I Inferred 11.4 B lbs 1.7 B lbs Cu 0.43% 0.42% 3.48 M Oz 0.36 M Oz Au 0.09 g/t 0.06 g/t 38.6 M Oz 4.9 M Oz Ag 1.00 g/t 0.8 g/t In Pit Resource Blocks Notes: See slide 24 for details on resource estimate (QDM Gold not reported)
Slide 13: Multiple Porphyry Intrusions Discovered
MULTIPLE PORPHYRY INTRUSIONS DISCOVERED Porphyry Intrusions Across 7km Of Strike Offer Potential For Expansion ~7km Strike Length TSX.V: ALDE | OTCQX: ADBRF 13
Slide 14: How Has The Deposit Evolved?
HOW HAS THE DEPOSIT EVOLVED? Geophysics And Drilling Confirming Potential For Mega Deposit SW 2019 NE SW 2023 NE ALD-2212 1,059.5m of 0.40% CuEq ALD-2233 1,167.48m of 0.48% CuEq ALD-2244 769.5m 200m 200m of 0.55% CuEq >700m 200m ALD-225B5 ALD-212 ALD-21211 951.2m 1,414.5m of 0.60% CuEq 1,414.5m of 0
Slide 15: The Definition And Growth Of Altar United
THE DEFINITION AND GROWTH OF ALTAR UNITED Multiple High-Grade Intercepts Reveal Significant Potential For Growth Drilling into the Altar United zone highlights continuity of high-grade mineralization below the 2021 conceptual pit ALD-223: 418 m of 0.67% CuEq(1) ALD-224: 366 m of 0.65% CuEq(2) ALD-22
Slide 16: Where Is The Exploration Upside?
WHERE IS THE EXPLORATION UPSIDE? Compelling Targets Defined By Geology, Geophysics and Geochemistry Geophysical anomaly, approximately 3km x 3km x 2km, coincides with better mineralization from historical drilling • A significant opportunity to increase resources by drilling the anomaly • Drilling i
Slide 17: Where We Are Drilling
WHERE WE ARE DRILLING The 2022/23 Drill Program Focused On The Large Geophysical Anomaly The objectives of the 2022/2023 drill campaign were: 1. Testing the geophysical anomaly with deeper drilling 1. Testing the geophysical anomaly near surface that is within or lateral to the current conceptual pi
Slide 18: Regional Exploration Targets
REGIONAL EXPLORATION TARGETS QDM South • Potential extension of the QDM/Radio system • Multi-element geochemical anomaly, accompanied by the occurrence of strong alteration and veining in outcrop • Favourable resistivity anomaly from the DCIP geophysics Cenicero • Strong multi-element geochemical an
Slide 19: Radio Porphyry & QDM Gold
RADIO PORPHYRY & QDM GOLD Additional Mineralization Provides Optionality • QDM Gold is a near-surface gold deposit containing 590,000 Oz’s of AuEq at 0.91 g/t AuEq1 • Radio Porphyry is a porphyry intrusion sitting below the QDM gold deposit • Radio Porphyry is not currently included in resource esti
Slide 20: Peer Comparison
PEER COMPARISON Significant Re-Rating Potential “Unearthing a giant— initiating coverage with a BUY rating and C$1.65 target” If the geophysics target continues to deliver strong results, we believe Aldebaran has the potential to double, or possibly more than double, the current resource. SLS: Solar
Slide 21: Majors Actively Acquiring Copper Assets
MAJORS ACTIVELY ACQUIRING COPPER ASSETS Majors looking for growth in copper with limited opportunities Glencore makes offer to acquire Teck Resources US$23 B 2023 BHP acquires Oz Minerals US$6.4 B 2023 Hudbay Minerals acquires Copper Mountain Mining US$439 M 2023 Lundin Mining acquires 51% interest
Slide 22: Sustainable Value For All Stakeholders
SUSTAINABLE VALUE FOR ALL STAKEHOLDERS Aldebaran’s Approach To Sustainably Develop The Altar Project ACTIVELY INVOLVED IN COMMUNITY AND LARGE DEPOSIT WITH POTENTIAL FOR A TECHNICAL APPROACH THAT ENVIRONMENTAL PROJECTS MULTI-GENERATIONAL MINE LIFE GENERATES VALUE ALDEBARAN has a collaborative approac
Slide 23: Upcoming Catalysts At ALDE
UPCOMING CATALYSTS AT ALDE High-Impact Drilling At Altar Headlines A Busy News flow Q3 2023 Q4 2023 Q1 2024 Q2 2024 Results From 2022/2023 Drill Campaign Completion of 60% Earn-In at Altar Larger Program for 2023/2024 Drill Campaign Preparation for Resource Update and PEA in 2024 Results From 2023/2
Slide 24: 2021 Resource Estimate
2021 RESOURCE ESTIMATE Altar Central & Altar East - Open Pit Mineral Resource (0.3% CuEq cut off) ALTAR CENTRAL and ALTAR EAST RESOURCE Average Grade Contained Metal 2021 Resource compared to 2018 Resource: Tonnes Cu Au Ag Cu Au Ag Material Type Category (Mt) (%) (g/t) (g/t) As (ppm) (M lbs) (M Oz)
Slide 25: Investment Recap
INVESTMENT RECAP TSX.V: ALDE OTCQX: ADBRF ALTAR PROJECT NEWS FLOW: GROWING AN HIGH-PROFILE COMPELLING MULTIPLE ALREADY LOCATION IN VALUATION UPCOMING SIGNIFICANT TOP MINING AND FULLY CATALYSTS RESOURCE JURISDICTION FUNDED PLEASE Ben Cherrington, Investor Relations Manager CONTACT US ben.cherrington@
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