Aldebaran Resources Inc. (TSXV: ALDE) has received string results from extensional drill holes ALD-22-220 and ALD-22-221 at the Altar Copper-Gold Project in Argentina.
The goal of both holes was to test for extensions of mineralisation of the Altar Central and Altar East deposits. Hole ALD-22-220 tested for a south-western extension of Altar Central, while ALD-22-221 tested for mineralisation in between Altar Central and Altar East in an area previously not drilled.
In addition, ALD-22-221 also tested the northern edge of the very large 3D IP/MT geophysical anomaly recently reported by the company however, the hole was started before the final geophysical data was received so it did not test the centre of the anomaly.
Both holes successfully intercepted mineralisation; ALD-22-221 intercepted a long run of mineralisation indicating that the geophysical anomaly correlates well with mineralisation, which opens a very large new area for additional exploration.
Highlights
ALD-22-221
- 64.00 m of 0.38% CuEq from 22 m depth
- 1,059.50 m of 0.40% CuEq from 228 m depth
- Including 50.00m of 0.72% CuEq from 660 m depth
- And 95.05m of 0.64% CuEq from 832 m depth
- Hole ALD-22-221 tested the northern edge of a very large 3D IP/MT geophysical anomaly; the results of this hole indicate that the geophysics correlate well with known mineralisation
- The hole ended in mineralisation
ALD-22-220
- 284.00 m of 0.41% CuEq from 462 m depth
- Including 100.00 m of 0.55% CuEq from 462 m depth
- 135.00 m of 0.23% CuEq from 809 m depth.
“Hole 221 is very encouraging as it returned over a kilometre of mineralisation in an area previously thought to be barren,” CEO, John Black, said.
“Also, this hole provides a strong proof of concept that the 3D IP/MT geophysical targets correlate well with mineralisation. Although this hole was started prior to receiving the geophysical data and didn’t centre punch the anomaly, it still provides confidence that where we drill the geophysical anomaly, we are likely to hit mineralisation.
“Based on the size of the anomaly, this deposit has the potential to become much larger. Hole 220 also successfully expanded the footprint of Altar Central to the southwest and will require additional drilling to test the full extent of the mineralisation. We look forward to getting back on site in the second half of 2022 to start drilling this sizeable geophysical anomaly from more strategic locations.”
For further information please visit: https://aldebaranresources.com/
