Aldebaran Resources
Primary Ticker: TSXV:ALDE, QTCQX:ADBRF
Stage of Development: Development, Exploration
Primary Minerals: Copper, Gold
Country / Region: Argentina
Market Cap 235M
Website: Aldebaran Resources
Aldebaran Resources (TSXV: ALDE; OTCQX: ADBRF) has acquired an 80% interest in the Altar copper-gold project in mining-friendly San Juan province, Argentina. Altar is one of the largest undeveloped copper projects globally held by a junior - an updated Mineral Resource Estimate in November 2024 revealed 31.84 billion lb of copper and 6.79 million oz gold. A PEA will be released in Q4 2025, before the 121 conference, followed by a PFS in 2026. In 2024, Aldebaran signed an option agreement with Rio Tinto's Nuton group, whereby Rio can pay Aldebaran US$250 million over ~2 years to acquire a 20% interest in the project. Senior management has a track record of success, having previously sold Antares Minerals to First Quantum for $650 million./p>
Management Profile
Adam Greening, Senior Vice President - Corporate Development
Adam is a professional geologist with over 15 years of experience in corporate development, exploration and strategy. Prior to joining Aldebaran, Adam worked at Yamana Gold where he helped evaluate and execute successful acquisitions and divestitures valued at approximately C$4.5 billion. Prior to Yamana Gold, Adam worked at Goldcorp and MPH Consulting as a geologist. Adam has an MBA from the Rotman School of Management -University of Toronto and a B.Sc (honours) from Memorial University of Newfoundland.
What is your rationale for taking part in 121 Mining Investment?
We intend to meet a variety of investors, including HNW retail, funds and family offices, in addition to certain corporate development teams. We are looking to raise interest in our story as we advance Altar towards an eventual sale to a major company.
What recent news would you like to highlight to investors attending?
- September 7, 2025: Aldebaran Announces Intention to Spin Out Northern Argentina Exploration Projects into a New Argentine-Focused Exploration Company and Provides an Update on the Altar PEA
- August 7, 2025: Aldebaran Reports the Results from Seventeen Infill Holes at the Altar Copper-Gold Project in San Juan Argentina
- November 25, 2024: Aldebaran Reports a Very Significant Increase in Mineral Resources at the Altar Copper-Gold Project in San Juan
- November 7, 2024: Aldebaran Signs Option to Joint Venture Agreement with Nuton Holdings Ltd. (a Rio Tinto Venture) for the Altar Project in San Juan, Argentina
What are your key goals for the next 3, 6 and 12 months?
3 Months
Promote the company and project on the back of the maiden PEA for Altar.
6 Months
Advance the 2025/26 drilling campaign and SpinOut Centauri Minerals.
12 Months
Progress work for the PFS by the end of 2026.
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
The global backdrop of geopolitical uncertainty, but Aldebaran is well-financed and experienced to weather adverse conditions.
What do you think makes your company such a compelling investment?
One of the largest copper-gold deposits in the world, in a favourable jurisdiction, run by an experienced management team, and fully-funded to advance the project without the need for dilution. One of the leading M&A targets in the junior space, with considerable upside from current valuation.
What are the top 3 key investor takeaways?
- The scale and quality of our copper-gold deposit at Altar.
- A tightly-held share structure and fully financed to advance, backed by Rio Tinto, Route One Investment Company, South32 and Sibanye Stillwater.
- Run by a management team with experience of selling copper projects to majors.
