Aldebaran Resources Inc. reported the remaining drill holes from the 2021/2022 drill program at the Altar copper gold project located in San Juan, Argentina. Holes QDM-22-47B, QDM-22-48B, QDM-22-49 and QDM-22-50B were designed to test for extensions of porphyry mineralization and provide sufficient drill hole density to support a maiden 43-101 mineral resource calculation at the Radio Porphyry target. Drill holes QDM-22-45U, QDM-22-45L and QDM-22-45D were designed to test the areas around the high-grade gold intercept from the QDM Gold deposit intercepted in QDM-21-45.

The holes drilled at the Radio Porphyry successfully extended the mineralized footprint and indicated the system remains open in various directions. The holes following up on the previously reported high-grade gold intercept hit mineralization but were unable to reproduce the previous long runs of higher-grade. However, QDM-22-050B drilled through the western portion of the QDM Gold deposit and intercepted another high-grade gold intercept, providing more evidence that the QDM Gold deposit remains open in several directions and has the potential to host multiple high-grade mineralized structures.

Holes QDM-22-045U (135 degrees azimuth /-63 degrees dip /301.4m depth), QDM-22-045D (135 degrees azimuth /-75 degrees dip /407.5m depth) and QDM-22-045L (119 degrees azimuth /-68.5 degrees dip /373.3m depth) were collared on the same drill pad as the previously released QDM-21-045. The objective of this set of three shallow drillholes was to test the extension in all directions of the high-grade gold interval intersected in hole QDM-22-045. All the drillholes intersected rocks with very similar characteristics.

The holes begin in intervals of multistage breccia units including a strongly altered magmatic breccia within a dacite porphyry matrix, which is crosscut by several pulses of rock milled matrix breccias. Alteration in the upper portion is characterized by strong sericite-pyrite-sphalerite-quartz-tourmaline assemblages associated with high gold-zinc mineralization that pervasively replaces the rock and is associated with the occurrence of veins within discrete corridors where the alteration is intense and the sulphide content increases. The holes transition into the andesitic volcanic-sedimentary host rock package of early Miocene age, crosscut by narrow dacite dykes.

The intensity of alteration is variable on the lower portion of these holes, with a notable increase in pyrite content associated with intense quartz-tourmaline alteration.