Aldebaran Resources Inc.

Aldebaran Resources Inc. is a Canadian-based mining exploration company focused on advancing the Altar Copper-Gold Project, one of the world’s largest undeveloped copper deposits, located in San Juan, Argentina. The Altar project holds an impressive mineral resource, with 11.4 billion pounds of copper in the Measured and Indicated category and an additional 1.8 billion pounds in Inferred resources, as well as notable gold and silver resources. Aldebaran’s seasoned management team, with proven experience in resource development, is strategically positioning the project to become a major asset in South America.

As a key part of its business model, Aldebaran acquires undervalued projects with high growth potential, de-risks and advances them, and ultimately positions these assets for either joint ventures or a potential sale. With its strategic partnerships, including collaborations with major mining entities like Rio Tinto and Sibanye-Stillwater, Aldebaran is well-capitalized and technically supported to bring Altar toward production readiness.

Aldebaran Resources is listed on the TSX Venture Exchange (TSX.V: ALDE) and OTCQX (ADBRF), backed by a strong network of stakeholders who support its growth trajectory in the copper mining sector.

Aldebaran Resources presents an attractive investment opportunity through the Altar Copper-Gold Project, positioned to become a leading copper-gold operation in a mining-friendly jurisdiction. The Altar project offers substantial upside potential as it moves toward updated resource estimates and pre-feasibility milestones, underpinned by robust copper-gold-silver resources. The company's recent drilling successes, including the significant Altar United discovery, highlight Altar's potential for scale, with recent drill intersections revealing high-grade copper equivalent zones.

Strategically located in Argentina's pro-mining San Juan province, Altar benefits from supportive government policies, including recent fiscal incentives aimed at large investments. The company's partnerships with Sibanye-Stillwater and Rio Tinto's Nuton technology division also provide both financial and technological backing. These partnerships, along with the project's inherited infrastructure from prior owners, reduce capital intensity and provide Aldebaran with an edge in advancing the Altar project cost-effectively.

As global demand for copper rises, driven by green energy and infrastructure demands, Aldebaran’s Altar project stands out as a valuable, scalable resource, offering investors significant exposure to a de-risked and strategically managed copper asset.

Aldebaran Resources Inc. is led by a seasoned management team with deep expertise in mineral exploration, project development, and corporate strategy. At the helm is CEO John E. Black, a geologist with over 35 years of industry experience, including executive roles in prominent mining ventures such as Alamos Gold and Antares Minerals. Black’s strategic vision and leadership in large-scale copper and gold projects have been instrumental in advancing Aldebaran’s position in the mining sector.

Dr. Kevin B. Heather, the Chief Geological Officer, brings over 40 years of geological expertise, with extensive knowledge of South American mineral systems. Known for his success with projects like El Indio and Pascua-Lama, Dr. Heather’s technical guidance strengthens Aldebaran’s exploration strategy and operational effectiveness. Mark Wayne, Chief Financial Officer, offers over three decades of financial management experience, leveraging his background in mining finance to oversee Aldebaran’s capital strategy and maintain fiscal discipline.

Together, this management team is committed to executing Aldebaran’s vision of advancing the Altar project and maximizing shareholder value.

Aldebaran Resources Inc. is executing a growth strategy centered around advancing the Altar Copper-Gold Project through targeted exploration and resource expansion. The company has established a structured, phased approach to development, focused on ongoing exploration, resource definition, and risk mitigation. Recent drilling campaigns have demonstrated the substantial resource growth potential at Altar, particularly with the discovery of Altar United, which has reinforced the project’s position as a high-grade copper asset with significant scalability.

The next steps in Aldebaran’s growth plan include completing a resource update and advancing engineering studies to further define Altar’s economics. Partnerships with major mining entities such as Rio Tinto’s Nuton division introduce potential for innovative processing technologies, which could improve project economics by unlocking lower-grade resources. Additionally, Aldebaran’s collaboration with Sibanye-Stillwater, from whom it holds an 80% earn-in option on the project, provides both financial and operational support as the project advances toward feasibility.

Aldebaran’s long-term growth strategy is underpinned by its commitment to environmental, social, and governance (ESG) principles. Through responsible development practices and active engagement with local communities, Aldebaran is building a solid foundation for sustainable, low-cost copper production. With rising global copper demand, driven by renewable energy and electrification, Aldebaran’s Altar project is well-positioned to capitalize on favorable market conditions while creating long-term value for shareholders.

Aldebaran Resources Inc. is financially well-positioned to advance the Altar Copper-Gold Project, benefiting from a strong asset base, strategic partnerships, and a disciplined approach to capital management. The company’s current market capitalization is approximately C$355 million, with a healthy cash position of C$10.3 million as of March 2024. This liquidity supports continued exploration and project development without immediate need for additional financing.

The capital structure is strategically aligned with major stakeholders, including significant equity positions from Sibanye-Stillwater, South32, and several prominent institutional investors, underscoring market confidence in Aldebaran’s long-term prospects. The company’s partnership with Sibanye-Stillwater includes an option to acquire an 80% interest in Altar, which is being executed through staged investments in exploration and development milestones.

Aldebaran's financial strategy focuses on efficient capital deployment to expand Altar’s resources and advance critical engineering studies, positioning the project for potential feasibility in the near term. By leveraging its inherited infrastructure from previous owners and partnering with technology experts at Rio Tinto, Aldebaran reduces capital requirements, thereby enhancing the project's financial outlook. This prudent financial stewardship places Aldebaran on a solid trajectory toward delivering significant returns to shareholders.

Aldebaran Resources Inc. is emerging as a significant player in the copper exploration sector, with its flagship Altar Copper-Gold Project poised to become a cornerstone asset in Argentina’s pro-mining San Juan province. Backed by robust copper, gold, and silver resources and strategically aligned with major partners, Aldebaran is well-positioned to advance the Altar project through crucial development milestones.

The company’s disciplined business model, leveraging its partnerships with industry leaders like Sibanye-Stillwater and Rio Tinto’s Nuton division, allows it to efficiently grow resources and pursue innovative, cost-effective production solutions. Aldebaran’s management team, with a strong track record in successful project development, is focused on creating a sustainable, long-term operation that contributes to local communities while delivering substantial value to shareholders.

As global demand for copper surges due to green energy and electrification trends, Aldebaran’s Altar project offers investors an opportunity to gain exposure to a well-managed, scalable asset with significant growth potential. With a commitment to environmental, social, and governance (ESG) standards and a strategic roadmap toward project feasibility, Aldebaran Resources is positioned not only for near-term advancements but for enduring success in the copper market.