Altar Copper-Gold Project Reports Additional Copper Equivalent Intercepts

VANCOUVER - Aldebaran Resources Inc. reported on all drill holes from the 2022-2023 field campaign at the Altar copper-gold project in San Juan, Argentina. All holes hit mineralization and expanded the mineralized footprint of the Altar project by several hundreds of meters in multiple directions. Planning is currently underway for the 2023-2024 field campaign, with four drill rigs already secured. The road to the project has been cleared of winter snowfall and the camp has been opened and is fully functional. It is anticipated that the Company will begin mobilizing drill rigs to the site within the next week, with drilling commencing shortly thereafter.

Highlights: 1) ALD-23-229: 649.40 m of 0.54% CuEq from 764.20 m depth, including 354.00 m of 0.72% CuEq from 928.00 m depth; 139.30 of 0.82% CuEq from 952.00 m depth. Hole ended in mineralization. 2) ALD-23-228EXT: 638.20 m of 0.65% CuEq from 767.00 m depth, including 478.30 m of 0.72% CuEq from 912.00 m depth. Hole ended in mineralization. Top 1,241.60 m of hole previously reported. 3) ALD-23-231: 558.80 m of 0.44% CuEq from 653.00 m depth, including 437.80 m of 0.53% CuEq from 774.00 m depth, and 109.80 m of 0.64% CuEq from 1,078.00 m depth. Hole ended in mineralization. 4) ALD-23-189EXT: 972.00 m of 0.35% CuEq from 274.00 m depth. Hole ended in mineralization. Extension of a historic hole, previously terminated at 592.00 m depth.

John Black, Chief Executive Officer, said, “We’re very excited by the progress that we’ve made at the Altar project. The recent drill campaign has substantially increased the mineralized footprint of the Altar project and sets us up for an aggressive drill campaign that will begin shortly. The results reported today confirm that the system has a lot of room to grow in several directions.”