Morning Briefing: Aldebaran Resources Drills Longest Intercept in History of Altar

0:02Good morning and welcome back to the Mining Stock Daily Morning Briefing presented by the Clear Commodity Network, and delivering today's top news in mining and mineral exploration. From the new ClearCom Studios, here's your host, Trevor Hall. Hey, good morning, everybody. Welcome back to the Mining Stock Daily Morning Briefing. This is Trevor Hall, and we're kicking off Monday. It's October 5th. Silver is leading the metals complex today, up just over 2 % to$61.66 an ounce. gold is up about four tenths of a percent to 4 155 and copper is also moving higher up roughly nine tenths of a percent to six dollars 55 a pound on the macro side glencore said friday that its commodity marketing division expects to generate more than five billion dollars in profit this year which would make it the best year for the unit since the energy market disruptions that followed Russia's 2022 invasion of Ukraine.

1:03The company credited the ongoing conflict involving Iran, which has caused significant volatility in crude oil and natural gas markets, and created freight disruptions in the Strait of Hormuz corridor. Alongside rising copper and coal prices were also contributed to those numbers. And in mining M &A, China's antitrust regulator has told Anglo-American and Tech Resources that it will require commitments to maintain copper concentrate supply to China as a condition for approving their proposed$54 billion merger. This is all according to Reuters. The deal has received regulatory clearance everywhere else it has been reviewed.

1:46China processes roughly 60 % of global copper cathode and is currently experiencing its worst feedstock shortage in decades, which gives Beijing an effective veto power over the transaction. The combined entity would account for approximately 5 % of global mined copper supply. The deal is expected to close in early 2027 if the parties can reach agreement with the Chinese authorities. We'll get to the news out of the miners and explorers here in just a moment, but first a quick mention of today's sponsor. Today's morning briefing is brought to you by Integra Resources. Integra is a growing precious metals producer in the Great Basin of the western United States.

2:28They are focused on demonstrating profitability and operational excellence at its principal operating asset, the Florida Canyon Mine in Nevada. In addition, Integra is committed to advancing its flagship development stage heap leach projects, including Delamar in Idaho and the Nevada North Project in western Nevada. Learn more about the business and their high industry standards over at Integra Resources ClearCommodity.net. From power generation to steelmaking, coal still drives the global economy. And the Coal Trader Podcast from Clear Commodity Network is where the industry comes to talk about it.

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3:32And here's what you need to know this morning. Aldebaran Resources has drilled the longest intercept in the history of the Altar Copper Gold Porphyry Project in San Juan, Argentina, with a single hole returning 1 ,728.9 meters, averaging 0.45 % copper equivalent. In there included a higher grade interval of 756 meters of 0.68 % copper equivalent or 0.61 % copper. Altar is one of the largest undeveloped porphyry copper gold systems in South America. Aldebron Resources trades on the Venture Exchange with the symbol ALDE. Argenta Silver has reported drill results from two separate targets at its silver project within the resource expansion drilling area, returning 1 ,599 grams per ton silver over 4 meters, and that included 2 ,780 grams per ton over 2 meters.

4:32It's among the highest grade silver intersections the company has reported. A separate hole at the company's copper gold target returned 0.45 grams per ton gold and 0.19 percent copper over 46 meters demonstrating poly metallic potential across the property. Argenta Silver trades on the venture exchange with AGAG. Onyx Gold has confirmed a new sediment hosted gold zone at the Flipper target on its Monroe Creases property 75 kilometers east of Timmins Ontario with a six-hole first-pass programming return the excuse me program returning broad gold mineralization three kilometers south of the company's Argus Gold system.

5:17The best hole, which was hole 277, intersected 0.7 grams per ton gold over 46.7 meters and included 4 grams per ton over 5 meters and 13.5 grams per ton over 1 meter. Hole 284 returned 4.1 grams per ton over 3 meters and 0.3 grams per ton over 35 meters. The results opened an interpreted multi-kilometer structural corridor along the Argus Fault. Then the company says the flipper zone demonstrates that the sedimentary package south of Argus can host broad gold systems at the district scale. Onyx Gold trades on the Venture Exchange with ONYX and on the OTC-QX with ONXGF. Thunder Gold has reported a 7th consecutive infill drill hole at the bench target on its Tower Mountain property 40 kilometers west of Thunder Bay, Ontario.

6:11With hole 218 returning 298.5 meters averaging 0.4 grams per ton gold from 100.5 meters depth. It also terminated in 36 meters at 0.715 grams per ton. Every infill hole drilled to date has returned continuous mineralization across the full width of the bench target and the company notes that actual drilled grades are running approximately 10 % above the grades predicted by January 2026 mineral resource model which estimated 514 ,000 indicated ounces and 3 million inferred ounces. Thunder Gold trades on the venture exchange with TGOL and on the OTCQB with TGOLF. And Heliostar Metals has announced that its shares will begin trading on the TSX on October 7th.

7:06That means they're graduating from the TSX Venture Exchange. It will continue with the ticker symbol HSTR. Heliostar has set a goal of reaching 500 ,000 ounces of annual gold production by the end of the decade. They currently trade on the Venture Exchange for the next couple days with that same symbol HSTR and on the OTCQX with HSTXF. Again, they will graduate to the TSX big board on October 7th. All right, that's a wrap here this morning on the Morning Briefing. The Mining Stock Daily Morning Briefing is produced by Clear Commodity Network. It is distributed throughout the world through your podcast network of choice and at clearcommodity.net.

7:49Have a wonderful day, everybody. Be well. The information presented should not be considered investment advice. Mining Stock Daily and its affiliates are not responsible for any loss arising from any investment decision in connection with the material presented herein. Please do your own research or speak with a licensed financial representative before making any investment decisions.