Aldebaran Intercepts 919.55 m of 0.66% CuEq, Within 1,517.00 m of 0.55% CuEq
Original announcement by tmx on
- Company
- Aldebaran Resources Inc.
- Ticker
- ALDE
- Exchange
- TSX
- Region
- San Juan, Argentina
- Primary commodity
- Copper
- Secondary commodities
- Gold, Silver, Molybdenum
- Document categories
- Drill results
- Extracted
- 2026-08-21 09:48:55 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Aldebaran Resources reported significant drill intercepts from its Altar copper-gold project in Argentina, highlighted by a 1,517m continuous interval of 0.55% CuEq in hole ALD-24-243. These results extend the Altar United porphyry to the north and will support an upcoming mineral resource estimate in H2 2024.
Reasoning: The drill results show significant continuous mineralization (up to 1.5km) and extend the known porphyry footprint, which is highly material for the upcoming resource update.
Positive factors
- significant extension of mineralized footprint
- long contiguous runs of mineralization
- expansion of porphyry unit to the north
Negative factors
- hole ALD-24-243 deviated significantly from intended target
Facts used in scoring: 8
Classification and evidence
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: ALD-24-243 extends the mineralized Altar United porphyry to the North, well beyond previous interpretations.
Evidence · text
“Extends the mineralized Altar United porphyry to the North, well beyond previous interpretations”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: Release details sampling, preparation, and assay protocols including use of certified ALS laboratory and blanks/standards/duplicates.
Evidence · text
“Aldebaran independently inserts certified control standards (Super Certified Reference Materials (SCRM's), coarse field blanks, and duplicates into the sample stream”
Metal Equivalent Opaquenegative
Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.
Why it applies: While assumptions are provided, the CuEq calculation relies on benchmarking and historical metallurgical test work rather than current site-specific tests.
Evidence · text
“Recoveries used for the supporting metals found in the CuEq equation are as follows: Au = 50%, Ag = 51%, (based on historical metallurgical test work) and Mo = 70% (benchmarking from similar deposits).”
Extracted facts
Stored fact records: 8. Some facts used in scoring do not have a stored record.
Drill Results (8)
ALD-24-243Altar · copperGrade: 0.49Grade Unit: %Intercept: 1517 mView all detailsHide details
Identity
- Hole ID
- ALD-24-243
- Project
- Altar
- Commodity
- copper
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Geometry
- Grade
- 0.49
- Grade Unit
- %
- Intercept
- 1517 m
- From
- 325 m
- To
- 1842 m
Classification
- Deposit Type
- porphyry
- Program
- mixed
- Sample Type
- drill
- Group ID
- ALD-24-243:325.0-1842.0
- Mining Method
- open_pit
QA/QC
- Laboratory
- ALS
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Metal Equivalent
- Metal Eq. Grade
- 0.55
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-06-17T00:00:00.000Z
Reasoning: Large continuous interval of copper mineralization.
Positive factors
- long continuous interval
Evidence · table
“0.55”
Context: 1,517.00
ALD-24-243Altar · goldGrade: 0.03Grade Unit: g/tIntercept: 1517 mView all detailsHide details
Identity
- Hole ID
- ALD-24-243
- Project
- Altar
- Commodity
- gold
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Geometry
- Grade
- 0.03
- Grade Unit
- g/t
- Intercept
- 1517 m
- From
- 325 m
- To
- 1842 m
Classification
- Deposit Type
- porphyry
- Program
- mixed
- Sample Type
- drill
- Group ID
- ALD-24-243:325.0-1842.0
- Mining Method
- open_pit
QA/QC
- Laboratory
- ALS
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-06-17T00:00:00.000Z
Reasoning: Low grade gold component in a copper-dominant interval.
Evidence · table
“0.03”
Context: 1,517.00
ALD-24-243Altar · silverGrade: 2.07Grade Unit: g/tIntercept: 1517 mView all detailsHide details
Identity
- Hole ID
- ALD-24-243
- Project
- Altar
- Commodity
- silver
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Geometry
- Grade
- 2.07
- Grade Unit
- g/t
- Intercept
- 1517 m
- From
- 325 m
- To
- 1842 m
Classification
- Deposit Type
- porphyry
- Program
- mixed
- Sample Type
- drill
- Group ID
- ALD-24-243:325.0-1842.0
- Mining Method
- open_pit
QA/QC
- Laboratory
- ALS
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-06-17T00:00:00.000Z
Reasoning: Trace silver component.
Evidence · table
“2.07”
Context: 1,517.00
ALD-24-243Altar · molybdenumGrade: 174Grade Unit: ppmIntercept: 1517 mView all detailsHide details
Identity
- Hole ID
- ALD-24-243
- Project
- Altar
- Commodity
- molybdenum
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Geometry
- Grade
- 174
- Grade Unit
- ppm
- Intercept
- 1517 m
- From
- 325 m
- To
- 1842 m
Classification
- Deposit Type
- porphyry
- Program
- mixed
- Sample Type
- drill
- Group ID
- ALD-24-243:325.0-1842.0
- Mining Method
- open_pit
QA/QC
- Laboratory
- ALS
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-06-17T00:00:00.000Z
Reasoning: Trace molybdenum component.
Evidence · table
“174”
Context: 1,517.00
ALD-24-243Altar · copperGrade: 0.59Grade Unit: %Intercept: 919.55 mView all detailsHide details
Identity
- Hole ID
- ALD-24-243
- Project
- Altar
- Commodity
- copper
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Geometry
- Grade
- 0.59
- Grade Unit
- %
- Intercept
- 919.55 m
- From
- 527 m
- To
- 1446.55 m
Classification
- Deposit Type
- porphyry
- Program
- mixed
- Sample Type
- drill
- Group ID
- ALD-24-243:527.0-1446.55
- Mining Method
- open_pit
QA/QC
- Laboratory
- ALS
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Metal Equivalent
- Metal Eq. Grade
- 0.66
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-06-17T00:00:00.000Z
Reasoning: Strong intercept of 919m at 0.66% CuEq.
Positive factors
- high grade for porphyry
Evidence · table
“0.66”
Context: 919.55
ALD-24-243Altar · copperGrade: 0.73Grade Unit: %Intercept: 227 mView all detailsHide details
Identity
- Hole ID
- ALD-24-243
- Project
- Altar
- Commodity
- copper
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Geometry
- Grade
- 0.73
- Grade Unit
- %
- Intercept
- 227 m
- From
- 930 m
- To
- 1157 m
Classification
- Deposit Type
- porphyry
- Program
- mixed
- Sample Type
- drill
- Group ID
- ALD-24-243:930.0-1157.0
- Mining Method
- open_pit
QA/QC
- Laboratory
- ALS
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Metal Equivalent
- Metal Eq. Grade
- 0.79
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-06-17T00:00:00.000Z
Reasoning: High grade intercept within the larger mineralized zone.
Positive factors
- high grade
Evidence · table
“0.79”
Context: 227.00
ALD-24-129EXTAltar · copperGrade: 0.35Grade Unit: %Intercept: 1047 mView all detailsHide details
Identity
- Hole ID
- ALD-24-129EXT
- Project
- Altar
- Commodity
- copper
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Geometry
- Grade
- 0.35
- Grade Unit
- %
- Intercept
- 1047 m
- From
- 164 m
- To
- 1211 m
Classification
- Deposit Type
- porphyry
- Program
- mixed
- Sample Type
- drill
- Group ID
- ALD-24-129EXT:164.0-1211.0
- Mining Method
- open_pit
QA/QC
- Laboratory
- ALS
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Metal Equivalent
- Metal Eq. Grade
- 0.38
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-06-17T00:00:00.000Z
Reasoning: Significant extension of historic hole.
Positive factors
- fills gap in drilling
Evidence · table
“0.38”
Context: 1,047.00
ALD-24-165EXTAltar · copperGrade: 0.26Grade Unit: %Intercept: 986 mView all detailsHide details
Identity
- Hole ID
- ALD-24-165EXT
- Project
- Altar
- Commodity
- copper
- Region
- argentina
- Reported Region
- San Juan, Argentina
- Ticker
- ALDE
Geometry
- Grade
- 0.26
- Grade Unit
- %
- Intercept
- 986 m
- From
- 222 m
- To
- 1208 m
Classification
- Deposit Type
- porphyry
- Program
- mixed
- Sample Type
- drill
- Group ID
- ALD-24-165EXT:222.0-1208.0
- Mining Method
- open_pit
QA/QC
- Laboratory
- ALS
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards, duplicates
Metal Equivalent
- Metal Eq. Grade
- 0.29
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-06-17T00:00:00.000Z
Reasoning: Extension of historic hole.
Positive factors
- fills gap in drilling
Evidence · table
“0.29”
Context: 986.00
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.