{"id":808288,"date":"2018-06-29T14:30:40","date_gmt":"2018-06-29T14:30:40","guid":{"rendered":"http:\/\/juniorminingnews.com\/?p=808288"},"modified":"2018-06-29T14:30:40","modified_gmt":"2018-06-29T14:30:40","slug":"sibanye-regulus-join-efforts-to-develop-argentinas-altar-project-2","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=808288","title":{"rendered":"Sibanye, Regulus join efforts to develop Argentina\u2019s Altar project"},"content":{"rendered":"<p><span style=\"font-style:italic;font-size:16px\">By  <a target=\"_blank\" href=\"http:\/\/www.mining.com\/sibanye-regulus-join-efforts-to-develop-argentinas-altar-project\/\">Cecilia Jamasmie<\/a><\/span>  <\/p>\n<div class=\"ftpimagefix\" style=\"float:left\"><a target=\"_blank\" href=\"http:\/\/www.mining.com\/sibanye-regulus-join-efforts-to-develop-argentinas-altar-project\/\"><img decoding=\"async\" width=\"150\" src=\"http:\/\/www.mining.com\/wp-content\/uploads\/2018\/06\/altar-project-location.jpg\" alt=\"Sibanye, Regulus join efforts to unlock value at Argentina's Altar project\"><\/a><\/div>\n<p>South Africa&#8217;s Sibanye-Stillwater (JSE:SGL) (NYSE:SBGL), the precious metal miner <a target=\"_blank\" href=\"http:\/\/www.mining.com\/sibanye-stillwater-hit-lawsuit-mounting-fatalities-losses\" rel=\"noopener\">target of several lawsuits<\/a> over mounting deaths at its operations, <a target=\"_blank\" href=\"https:\/\/thevault.exchange\/?get_group_doc=245\/1530265032-WithlogoSibanye-StillwaterentersintostrategicexplorationpartnershiptounlockvalueatitsAltarproject29June2018.pdf\" rel=\"noopener\">said Friday<\/a> it has inked an agreement with Canada&#8217;s Regulus Resources (TSX-V: REG), and its newly formed subsidiary Aldebaran Resources, to jointly unlock value at the Altar copper-gold project, in Argentina.<\/p>\n<p>Under the terms of the deal, Sibanye&#8217;s wholly-owned branch Stillwater Canada will enter into an option and joint venture with Regulus&#8217; newly formed Argentinean subsidiary Aldebaran Resources. This company, in turn, will have the option to earn a maximum 80% interest in a division of Stillwater Canada \u2013 Peregrine Metals, which owns Altar.<\/p>\n<p>Vancouver-based Regulus <a target=\"_blank\" href=\"https:\/\/www.regulusresources.com\/wp-content\/uploads\/20180629_Regulus-Aldebaran_NR.pdf\" rel=\"noopener\">will also spin out its Rio Grande copper-gold project<\/a> and other early-stage mining assets it has in Argentina to Aldebaran, including the drill-ready Aguas Calientes gold-silver project.<\/p>\n<div>\n<p>Altar Project location. (<em>Image courtesy of <a target=\"_blank\" href=\"http:\/\/globenewswire.com\/NewsRoom\/AttachmentNg\/76cb2954-a7ac-4838-b8c5-ca4eeb2f0488\/en\" rel=\"noopener\"> Regulus Resources.<\/a><\/em>)<\/p>\n<\/div>\n<p>The Altar project, located in the San Juan province, is about 10km from the border with Chile, the world&#8217;s No. 1 copper producer. As of December, it contained 2,057 million tonnes of measured and indicated resources at 0.3% copper and 0.1 g\/t gold (14.5 billion pounds of copper and 5.2 million ounces of gold) and 557 million tonnes of inferred resources at 0.3% copper and 0.1 g\/t gold (3.4 billion pounds of copper and 1.1 million ounces of gold)<\/p>\n<p>The Rio Grande project, in the north western Salta province, is located along the NW-trending Archibarca Lineament, which also controls the location of the BHP&#8217;s Escondida copper mine in Chile, the world&#8217;s largest.<\/p>\n<p>The post <a target=\"_blank\" rel=\"nofollow\" href=\"http:\/\/www.mining.com\/sibanye-regulus-join-efforts-to-develop-argentinas-altar-project\/\">Sibanye, Regulus join efforts to develop Argentina&#8217;s Altar project<\/a> appeared first on <a target=\"_blank\" rel=\"nofollow\" href=\"http:\/\/www.mining.com\/\">MINING.com<\/a>.<\/p>\n<p> <a href=\"http:\/\/www.mining.com\/sibanye-regulus-join-efforts-to-develop-argentinas-altar-project\/\" target=\"_blank\" id=\"rssmi_more\"> &#8230;read more<\/a> <\/p>\n<p>From:: <a href=\"http:\/\/www.mining.com\/sibanye-regulus-join-efforts-to-develop-argentinas-altar-project\/\" target=\"_blank\" title=\"Sibanye, Regulus join efforts to develop Argentina\u2019s Altar project\">Mining.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Cecilia Jamasmie South Africa&#8217;s Sibanye-Stillwater (JSE:SGL) (NYSE:SBGL), the precious metal miner target of several lawsuits over mounting deaths at its operations, said Friday it has inked an agreement with Canada&#8217;s Regulus Resources (TSX-V: REG), and its newly formed subsidiary Aldebaran Resources, to jointly unlock value at the Altar copper-gold project, in Argentina. Under the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[369],"tags":[],"class_list":["post-808288","post","type-post","status-publish","format-standard","hentry","category-miningcom"],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/808288","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=808288"}],"version-history":[{"count":0,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/808288\/revisions"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=808288"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=808288"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=808288"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}