on Aldebaran Resources Inc. (isin : CA01408J1049)
Aldebaran Resources Announces Promising Drilling Results at Altar Project
Aldebaran Resources Inc. reported significant drilling outcomes from its Altar copper-gold project in Argentina, highlighting extensive mineralization in recent drill results. Notable intercepts include a lengthy 1,018.60 meters of 0.60% CuEq, with sections up to 0.81% CuEq over 649.60 meters. This indicates a substantial presence of mineral resources, promising for the project's development.
The drilling campaign aimed to test and expand the known mineralized zones at the project. Results from the holes, such as ALD-24-241 and ALD-24-074EXT, demonstrated not only high-grade zones but also important geological continuities and extensions of the mineralized system. These findings are set to contribute to an updated mineral resource estimate planned for the latter half of 2024.
Company executives expressed satisfaction with the drilling campaign's ability to significantly extend the mineralized footprint at Altar, especially with high-grade intercepts that could enhance the project's economic feasibility. The reported results could play a crucial role in the upcoming resource estimate updates, likely influencing future project financing and development strategies.
R. E.
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