Aldebaran Provides Update on Site Activities in Response to COVID-19 - Seite 2

These 2020 field programs have been conducted alongside the on-going re-logging program of approximately 120,000 m of drill core. The re-logging program is temporarily suspended for the duration of the quarantine period but will be re-initiated as soon as safely possible. The data collected from these initiatives will be used to generate a new geological model for the deposit and re-cast the existing resource, using geological constraints with a focus on generating a higher-grade, lower-tonnage resource. In addition, results from these field programs will contribute to the delineation of future drill targets at the Altar project. Whilst the Company had originally planned to publish a new mineral resource estimate at the Altar project before the end of 2020, the impact of the COVID-19 pandemic may cause delays that currently cannot be quantified.

John Black, Chief Executive Officer of Aldebaran, commented as follows: “Our top priority is the safety of our employees and their families. All employees and contractors are now at home following government mandated quarantine. We were lucky to have finished most of our planned field exploration programs at Altar when the quarantine was declared. Our team will now be working to analyze the data gathered during these programs and produce a new geological model and delineate future drill targets. Results so far have been encouraging and have helped us gain a better understanding of the high-grade zones at the Altar copper-gold project, as well as identify numerous new target areas that will require additional work and possible drill testing next field season.”

Qualified Person

The scientific and technical data contained in this news release has been reviewed and approved by Dr. Kevin B. Heather, B.Sc. (Hons), M.Sc, Ph.D, FAusIMM, Chief Geological Officer (CGO) and director of Aldebaran, who serves as the qualified person (QP) under the definitions of National Instrument 43-101.

For further information, please contact:

Aldebaran Resources Inc.
John E. Black
CEO / Director
Phone:	[phone] mobile
	[phone] office
Email:	[e-mail]

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