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ALDEBARAN RESOURCES INC. logo

Sponsorship Profile

ALDEBARAN RESOURCES INC.

Major Sponsors

Company Information

Business Name

MINERA PEREGRINE ARGENTINA S.A.U.

Social Media

Sectors

Mining ExplorationGeological Exploration

Description of the company

Aldebaran is a mining exploration company that emerged in 2018 from a Spin-Out of Regulus Resources Inc. In October 2018, it announced a Joint Venture agreement with Sibanye-Stillwater to explore and gain participation in the copper and gold porphyry project Altar, located in the province of San Juan.

In August 2023, Aldebaran fulfilled commitments and acquired a 60% stake in the Altar project, and is currently investing an additional $25 million to acquire an additional 20% stake in Altar.

In March 2021, the Company announced a mineral resource estimate based on drilling completed up to and including 2020.

During the 2023-2024 campaign, 20,000 meters have been drilled. With the data obtained, progress will be made towards a new update of mineral resources by the end of 2024. Based on this, progress will be made towards a Preliminary Economic Assessment of Altar by mid-2025.

This document will help size and contextualize the project, allowing progress towards an Economic Prefeasibility by the end of 2026.

Products and Services

Mining Exploration