Aldebaran Reports a Very Significant Increase in Mineral Resources at the Altar Copper-Gold Project in San Juan, Argentina
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 25 2024
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Should l Buy ?
Source: Newsfilter
Updated Mineral Resource Estimate: Aldebaran Resources Inc. announced a significant increase in the mineral resource estimate for its Altar copper-gold project in Argentina, reporting 2.40 billion tonnes of Measured and Indicated resources, which is a 100% increase compared to 2021, along with substantial increases in inferred resources.
Future Plans: The company plans to complete a Preliminary Economic Assessment (PEA) by Q2-2025 and continues to explore the potential of the Altar project, which is considered one of the largest undeveloped copper-gold deposits globally.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
