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Aldebaran Resources
Unlocking A District of Copper-Gold Deposits in Argentina
Overview
Argentina is moving up the ladder as one of the hottest mining jurisdictions in the world. With new legislation and pro-mining support from the national government, investors should expect to see an uptick in exciting mineral exploration and project development opportunities, especially in the mining friendly provinces within the South American country.
Argentina sits along the Andes mountain range giving it access to one of the world’s metal-rich jurisdictions. In 2021, Argentina created a program to incentivize production for exports, facilitating the flow of foreign currency companies that would be allowed to send abroad for loan and dividend payments. This program comes at a prime time as Argentine authorities estimate that the country could triple its mining exports from US$3.4 billion in 2019 to US$10 billion by 2030. Copper, lithium, gold and silver mining especially present exciting investment opportunities for potential investors in the coming years.
Aldebaran Resources (TSXV:ALDE) (OTCQX: ADBRF) is a Canadian mineral exploration company specializing in identifying and exploring highly prospective copper-gold projects with the potential to become large-high-quality deposits or mines in the future. The same core management team leads the company Regulus Resources (TSXV:REG) and is the former management of Antares Minerals Inc, which they founded in 2004 and sold to First Quantum Minerals in 2010 for C$650 million.
Aldebaran Resources’ Company Highlights
- Aldebaran Resources is a Canadian mineral exploration company focused on identifying, acquiring and exploring large high-quality copper projects throughout mining-friendly jurisdictions in South America.
- The company has its large flagship Altar copper-gold project in mining-friendly San Juan province, Argentina.
- The Altar project consists of several higher-grade copper-gold porphyry deposits over a sizable 8,444-hectare land position. Its currently reported resource estimate stands at over 15.2 billion pounds of copper equivalent with a significant portion of gold by-product and excellent potential for expansion.
- Aldebaran has identified higher grade copper-gold cores to several of Altar’s porphyry centers and will focus additional exploration on increasing the size of these higher grade zones.
- The company’s management team has a long history of working together as a core group of experts in copper discoveries and project exploration. They share the same leadership team with Regulus Resources and were the former management of the highly successful Antares Minerals.
Get access to more exclusive Copper Stock profiles here.
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