Aldebaran Resources Inc. announced that drilling has commenced at the Altar copper-gold project for the 2023-2024 field season. The Company currently has four active drill rigs on the property and is targeting 15,000-20,000 m of drilling to be completed during the current field season. The drill program is fully funded and the Company currently has approximately $25 million cash on hand.

The 2023-2024 drill program will continue to target the 3D DCIP/Resistivity and MT geophysical anomaly that was the focus of the 2022-2023 drill program. As well, holes will be dedicated to continuing to expand the newly discovered Altar United Zone, a higher-grade NW-SE trend which sits within the geophysical anomaly. Where possible, holes are also being designed to test areas within the current 2021 conceptual resource pit shell that were categorized as "undefined waste" due to no drilling.

Several of these "undefined waste" areas have: Nearby mineralized drill holes that show that the mineralization is not "closed-off"; and Favourable geophysical and/or geochemical anomalies occurring within, or near, the current pit shell, which offers the opportunity to convert waste material to mineralization. The first four holes of the campaign will focus on areas immediately to the south of Altar United. Three of the first four drill holes are deepening of historic holes on the Altar property.

Hole ALD-23-162EXT is an extension of a hole drilled in 2012 that was terminated at a depth of 522.70 m. Hole ALD-23-166EXT is an extension of a hole drilled in 2012 that was terminated at a depth of 401.00 m depth. Hole ALD-23-194EXT is an extension of a hole completed in 2013 that was terminated at a depth of 530.00 m. All three of these drill holes are 200 m step-outs to test for the southern extension of mineralization discovered at Altar United. Hole ALD-23-234, is a new hole that is being drilled from surface and will test an area of undefined waste within the current 2021 conceptual pit shell.