14 min
Exploration Update from Aldebaran Resources Mining Stock Daily
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- Investing
Aldebaran Resources has been conducting a 20,000 meter drilling program in the San Juan province of Argentina to define the overall size of their new discovery. The program aims to get the full dimensions of the Altar deposit. The company plans to release an updated resource in Q4 of this year and the first PEA in the second half of next year. The drilling results have helped define the edges of the deposit and convert waste to low-grade ore. CEO John Black also discussed the economic changes in Argentina and the need for new copper mines to meet the demand for reducing carbon emissions.
Aldebaran Resources has been conducting a 20,000 meter drilling program in the San Juan province of Argentina to define the overall size of their new discovery. The program aims to get the full dimensions of the Altar deposit. The company plans to release an updated resource in Q4 of this year and the first PEA in the second half of next year. The drilling results have helped define the edges of the deposit and convert waste to low-grade ore. CEO John Black also discussed the economic changes in Argentina and the need for new copper mines to meet the demand for reducing carbon emissions.
14 min