Aldebaran Resources Inc. is a mining and exploration company primarily engaged in developing and advancing precious metal and base metal properties. In 2018, Aldebaran Resources was formed due to a spin-off from Regulus Resources Inc.
Aldebaran Resources Inc. is a publicly listed company on the TSX Venture Exchange, with its common shares trading under the ticker symbol ALDE. On June 28, 2021, Aldebaran released an update that it graduated to the OTCQX market from the Pink Market and started trading its common stock under the stock symbol ADBRF.
The Vancouver-based natural resource mining company owns and operates various exploration and development projects:
• The Altar Project is a copper-gold property situated in San Juan, Argentina, and comprises mineral resources, including copper porphyry deposits along with silver and molybdenum. The project hosts three mineralization zones -- Altar East, Altar Central and the QDM Radio Porphyry.
Aldebaran Resources is in a joint venture agreement (JVA) and option agreement with Sibanye-Stillwater regarding the Altar Project. According to the agreement, the company has the right to acquire an 80 percent stake in the project. For detailed information about the agreement, please refer to the official website of the company.
• The Rio Grande Project is a 100 per cent owned mineralization prospect project of the company situated in High Puna, northwestern Argentina. The Rio Grande Property consists of prospective copper-gold porphyry and IOCG alterations.
• Aguas Calientes Project is a 100 per cent owned gold-silver project situated in Jujuy, Argentina. The project consists of gold-silver-hosted epithermal vein structures and hydrothermal alterations.
The other early-stage mining projects which are 100 per cent owned by the Argentina-focused metal exploration company include:
The Oscara Project comprises six mineral concessions spanning over some 19,000 hectares in Puna. The property includes potential for copper-gold and iron mineralization.
El Camino Project is an iron-oxide-copper-gold mineralization deposit in northwestern Argentina.
The Catua Project comprises a mineral concession covering a total area of 900 hectares. The Catua Property is a copper prospect situated in Jujuy.
La Frontera Project in Catamarca.
Currently, Aldebaran Resources Inc. is mainly focused on the exploration and drilling programs to identify additional high-grade mineralization zones for the development and advancement of the Altar Project.