ein favorit der rohstoffkonferenz???

Null Peilung
GrB  

Anleger sollen nach Meinung der Experten von "Hot Stocks Investor" bei der Aldridge Minerals-Aktie keine Zeit verlieren, und sofort mit einer Position auf die fantastische Rally aufspringen. Quelle: Aktiencheck  

Das kanadische Researchhaus Clarus Securities taxiere das Kursziel für die Aldridge Minerals-Aktie auf 2,49 CAD und die Analysten von Mackie Research sähen das Kursziel bei 2,25 CAD. Der Markt fange an, auf die Story aufmerksam zu werden und so sei der Titel zuletzt von 0,40 auf 0,70 Euro gestiegen. Doch bis zu den Kurszielen der Analysten bzw. bis zu den ehemaligen Höchstständen sei immer noch viel Luft.

http://www.ariva.de/news/...ende-Projekte-Hot-Stocks-Investor-3510438  

http://www.aldridge-minerals.de/...task=view&id=207&Itemid=55  

Gesellschaft") hat heute 400.000 Optionen an ihre neuen Direktoren verteilt, die am 29. Oktober 2010 in den Vorstand berufen wurden. Alle Optionen sind zu einem Preis von CA$ 0,95 pro Aktie auszuüben, was dem Aktienpreis von Aldridge am 29. Oktober 2010 entspricht. Die Optionen sind ab sofort gültig und verfallen nach 5 Jahren. Diese Zuteilung von Optionen bedarf der Zustimmung der TSX Venture Börse.
http://www.aldridge-minerals.de/...task=view&id=209&Itemid=55
Über Aldridge Minerals

Aldridge Minerals Inc. ist hauptsächlich darauf konzentriert, Lagerstätten in der Türkei in einem ambitionierten Explorations- und Entwicklungsprogramm zu akquirieren, und betreibt insbesondere das Hauptprojekt Yenipazar. Darüber hinaus hat Aldridge weitere prospektive Gebiete in der Türkei und Papua-Neuguinea identifiziert, sowie eine grosse Lizenzposition aufgebaut, die systematisch exploriert wird.

Weitere Informationen: Aldridge Minerals Inc., Jacob Willoughby, Präsident and Direktor, +1-416-558-4717, www.aldridgeminerals.de

The Equicom Group Inc., Patrick Piette, +1-416-815-0700 x267 oder Dave Feick,  +1-403-218-2839, www.equicomgroup.com  

Dr. Martin Oczlon, CEO von Aldridge Minerals kommentierte: “Wir freuen uns besonders darüber, dass die Gehalte der Kernbohrungen eine allgemeine Verbesserung gegenüber den benachbarten RC-Bohrungen bringen. Dies wird im neuen Ressourcen-Modell der Yenipazar-Lagerstätte seinen Niederschlag finden. Die Ergebnisse dieser Bohrungen belegen sehr schön die laterale Kontinuität des Erzkörpers im Maßstab vom fünf Metern. Die vererzten Horizonte variieren nur gering in Mächtigkeit und Tiefe, was für einen Tagebau von Bedeutung ist.“

Das Yenipazar Projekt unterliegt einer Vereinbarung mit Anatolia Minerals, wobei Aldridge einen 100%-Anteil erwerben kann. Dafür erhält Anatolia 6 % des operativen Gewinns bis zu einer Umsatzhöhe von 165 Mio. US$, danach 10 %.

http://www.aldridge-minerals.de/...task=view&id=208&Itemid=55  

------------------------------
Annual variation
Date Variation High Low
2010 61.76% 1.14 0.38
------------------------------
und die letzten 3 Monate:  

2010-11-30_Aldridge Minerals ernennt neuen Vorstandsvorsitzenden, neuen ausführenden Direktor und neuen Finanzchef
http://www.aldridge-minerals.de/...task=view&id=210&Itemid=55  

schlussendlich zählt der Kurs und nur der  

eben mein Depot aufgehabt,wer guckt mich an meine Aldrige fast vergessen.Muss ich doch gleich mal an dieser Stelle fragen,ob wer Lust zum Quatschen hat zu dieser Aktie.Werde ja nun nicht der einzigste Anteilshaber sein.Wäre schön ,wenn einer odar gar mehrere ihren Senf abegeben und sei es noch "unwichtig".Danke im Voraus,Gruss

Ps steht bei mir im grünen Bereich *freu*  

 

dann bash ich jetzt das Teil,ha.Dann werd ich ja sehen wann die ersten angeheult kommen.Kann mir beim besten Willen nicht vorstellen dass alle raus sind.Okay,ich hatte gewarnt::: bash::: >>>ENTER<<<   ssssssso,ha!  

nochmal ENTER  :::   >>bash<<   ...  jetzt aber,ha!  

Aldridge Minerals Announces Results of Yenipazar Metallurgical Study
12/01/2011
Download this Press Release ()
TSX-V: AGM
Frankfurt: AIW

Not for dissemination in the United States or through U.S. newswires

TORONTO, Dec. 1, 2011 /CNW/ - Aldridge Minerals Inc. (TSX Venture: AGM) ("Aldridge" or the "Company") is pleased to announce the results of its metallurgical study of Yenipazar ore conducted by G&T Metallurgical Services LTD ("G&T") of Kamloops BC.  In total, ten samples weighing a total of approximately 90 kilograms of gravity pre-enriched Yenipazar material was used for the testing.  The sample was taken from five drill holes selected to be as representative as possible of the overall resource grade at Yenipazar.

One of the major goals of the study was to examine the potential to produce a gravity recoverable gold or "Pan" concentrate prior to floatation.  Five open circuit cleaner tests were conducted with a gravity circuit to test this option.  The following comments were made by G&T regarding the gold gravity concentration.  "The tests clearly indicate that about 50% of the gold is recoverable by gravity concentration".  Aldridge is very pleased with this result, especially since total gold recoveries assumed in its Preliminary Economic Assessment ("PEA") filed on SEDAR February 3rd, 2011 were only 37% and in our previous testing, approximately 90% of the gold in floatation reports to the copper concentrate.

Cyanidation tests were then conducted to test the potential to leach this Pan concentrate to recover the gold and silver from this gravity concentrate.  G&T reported that "Bottle roll cyanidation tests on the pan concentrate using 1,000 ppm sodium cyanide, extracted about 79% of the gold in the feed".  "When the dosage of sodium cyanide was increased to more intensive conditions (10,000 to 20,000 ppm) the gold extractions increased to over 97%" after a time period of 48 hours.  Again, Aldridge is very encouraged by these results.

In addition to the gravity gold testing, several rougher tests and one locked cycle test were completed.  The lone locked cycle test produced three separate copper, lead and zinc concentrates.

The copper concentrate graded 19.6% at a total recovery of 72% and contained 30.3 g/t gold (a recovery of 24%) as well as 482 g/t silver (at a recovery of 15%).
The lead concentrate graded 64.3% at a total recovery of 51% and contained 1111 g/t silver (45% recovery) and 4.7 g/t gold (5% recovery).
The zinc concentrate graded 57.7% at a recovery of 77% and only contained 59 small amounts of silver and gold (1.14 g/t Au and 59 g/t Ag at recoveries of 5% and 2% respectively).
These recoveries compare quite favourably to those in our PEA where total recoveries for Au, Ag, Cu, Pb and Zn were only 37%, 57%, 77%, 78% and 59% respectively.
"These results are a solid improvement in our recoveries from those of the PEA.  Additionally, now that we know we can recover approximately 50% of our gold in a Pan concentrate, we will continue  to work on increasing the leachability of this concentrate and to establish even higher recoveries of gold in the floatation circuits as well.  Internally, our aim is to consistently recover at least 80% of the gold from Yenipazar with more than half of this being produced in a doré bar after leaching our Pan concentrate" said Jacob Willoughby, President of Aldridge.  The metallurgical work for the Yenipazar definitive feasibility study will be completed by SGS UK in conjunction with Gekko Systems.

John F. Cook P. Eng and a director and consultant of Aldridge and Qualified Person under NI 43-101, has reviewed and verified the technical content of this press release.

About Aldridge Minerals Inc.
Aldridge is a publicly-traded junior exploration company in the business of identifying and developing mineral properties in Turkey and Papua New Guinea ("PNG"). Aldridge is advancing its flagship Yenipazar polymetallic VMS deposit in Turkey with a feasibility study, which is building on its December 2010 Technical Report and Preliminary Economic Assessment. The deposit includes gold, silver, copper, lead and zinc. The feasibility study is expected to be completed by the end of 2012. Aldridge's PNG exploration license includes an area of approximately 338 square kilometres known as the Kili Teke license. The license area is prospective for gold, silver and copper.

The Yenipazar deposit is subject to an earn-in agreement with Alacer Gold Corp., wherein Aldridge can earn a 100% working interest subject to certain conditions, subject to a 6 % net profit interest ("NPI", revenues less operational costs) until revenues of US$ 165 million are generated, and a 10 % NPI from there on.

Additional information and corporate documents may be found on www.sedar.com and the Company's website, www.aldridgeminerals.ca.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution Regarding Forward-Looking Information
This news release includes certain forward-looking statements within the meaning of Canadian securities laws. Forward-looking statements involve risks, uncertainties and other factors that could cause actual results, performance, prospects and opportunities to differ materially from those expressed in such forward-looking statements. Forward-looking statements in this news release, include, but are not limited to, economic performance and future plans and objectives of the Company. Any number of important factors could cause actual results to differ materially from these forward-looking statements as well as future results. Although Aldridge believes that the assumptions and factors used in making the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed timeframes or at all. Aldridge disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
http://www.aldridgeminerals.com/English/...-Study1127518/default.aspx  

Aldridge Minerals Inc.: Firmenprofil zu Aldridge Minerals auf explorercheck.de veröffentlicht

Aldridge Minerals (TSX-V: AGM / WKN: A0CAPB) freut sich bekanntzugeben, dass ihr Firmenprofil auf explorercheck.de veröffentlicht wurde.

Aldridge entwickelt in der Türkei sein Flagschiff Projekt Yenipazar, 220km ost-südöstlich von Ankara, im geographischen Mittelpunkt des Landes. Die Größe der Ressourcen des Gold-Silber-Zink-Blei-Kupfer Vorkommens zählt zu den Top 10% derartiger Vorkommen weltweit. Die Türkei gilt generell als ein minenfreundliches und politisch stabiles Land. Man findet dort Gegebenheiten für großflächige Übertagebergbau-Szenarien, wie z.B. die Kisladag Mine von Eldorado Gold oder die Copler Mine von Anatolia.

Für eine vollständige Darstellung des Firmenprofils inklusive allen Grafiken folgen Sie bitte diesem Link:

> http://www.explorercheck.com/pdf/Aldridge_Minerals_Firmenpro… <

Das Projekt unterliegt einer so genannten Earn-in-Vereinbarung mit Alacer Gold (TSX: ASR). Um 100% am Projekt zu erwerben muss Aldridge eine finale Machbarkeitsstudie vorlegen. Diese ist für März 2013 vorgesehen. Alacer ist dafür so lange mit 6% am Nettogewinn beteiligt, bis der Umsatz 165 Mio. Dollar erreicht. Im Anschluss erhält Alacer 10% des Umsatzes nach Abzug der operativen Kosten. Ende November 2012 legte man eine aktualisierte Ressourcenkalkulation vor.

Die Ressourcenbasis: (NI 43-101 November 2012)

• 910.000 Unzen Gold (0,9 g/t)
• 30,15 Mio. Unzen Silber (31 g/t)
• 976,6 Mio. Pfund Zink (1,49%)
• 667,9 Mio. Pfund Blei (1,00%)
• 206,3 Mio. Pfund Kupfer (0,30%)

Insgesamt 2,86 Mio. Unzen Goldäquivalent mit einem Gehalt von 2,88 g/t. Wertmäßig verteilt sich die Ressource wie folgt auf die einzelnen Metalle: 32% Gold, 21% Silber, 15% Kupfer, 14% Blei, 18% Zink
(53% Edelmetalle, 47% Basismetalle).

Das Interessante an dem Vorkommen ist, dass es weiterhin in Richtung Norden und Osten für weitere Mineralisierung offen ist, und es für ein kostengünstiges open-pit Verfahren (Übertage-Bergbau) geeignet ist. Die neue Ressourcenkalkulation sollte signifikante Auswirkungen auf den Net Present Value (NPV – Barwert) des Projekts haben, da sich seit der ökonomischen Ersteinschätzung (PEA) vom Februar 2011 die Gehalte, aber nicht die Tonnage der Ressource erhöht haben. Höhere Gehalte und gleichzeitig weniger oder genau so viel Gestein, entspricht einer Umsatzsteigerung ohne zusätzliche Kosten bei einem späteren Abbau.

Für März 2013 erwartet man die Fertigstellung der finalen Machbarkeitsstudie - auch eine erneut aktualisierte Ressourcenkalkulation soll dann vorliegen. Die Ressource beruht auf 54.278m (davon 20.604m mit Kernbohrungen). In der vorherigen Schätzung wurden nur 7.202m an Kernbohrungen verwendet, der Rest bestand aus RC Bohrungen, die nicht so genau sind. Bis dato hat man 67.000m gebohrt, es sind also mehr als 12.000m Bohrmeter in der aktuellen Ressourcenkalkulation noch nicht enthalten.

Zum Zeitpunkt der PEA (ökonomische Erstbewertung) im Februar 2011 rechnete man noch mit Goldgewinnungsraten von 36,8%. Im Juni 2012 vermeldete man, dass diese durch ein anderes Verfahren auf 92% gesteigert werden konnten, was die Wirtschaftlichkeit des Projekts enorm erhöhen wird. Ich gehe davon aus, dass dies in der finalen Machbarkeitsstudie (März 2013) unter Beweis gestellt werden kann.

Auch der Minenplan wurde überarbeitet, und anstelle desim Februar 2011 geplanten Durchsatzes von 5.700 Tonnen erweisen sich 7.500 Tonnen pro Tag als wirtschaftlicher - eine Steigerung von 32%. Der gestiegene Goldpreis (im Durchschnitt) wird sich ebenfalls positiv auf die Kennzahlen auswirken.

Gemäß der PEA vom Februar 2011 ergeben sich folgende ökonomische Kennzahlen für das Yenipazar Projekt: (mit alten Kennzahlen)
NPV mit 7% Diskontierung 209 Mio. US$ und 23,2% IRR
Mit Preisen von November 2011 NPV 7% von 532 Mio. US$ und IRR von 44%

Zum Vergleich dazu die aktuelle Marktkapitalisierung von 31,3 Mio. CAD.

Diese Kennzahlen ergeben sich mit Goldgewinnungsraten von 36,8% (92% aktuell), und einer täglichen Verarbeitung von 5.700 Tonnen (aktuell wird mit 7.500 Tonnen kalkuliert). Mit den neuen Zahlen, und der aktualisierten Ressourcenschätzung - in welcher die Kern-Nachbohrungen enthalten sein werden – rechne ich mit einer signifikanten Steigerung des Net Present Value des Projekts. Die Kosten für den Aufbau der Mine sollen bei 198 Mio. $ liegen. Man geht während der 12 jährigen Minenlaufzeit von einer jährlichen Produktion von 23.700 Unzen Gold, 1,1 Mio. Unzen Silber, 9,7 Mio. Pfund Kupfer, 36,8 Mio. Pfund Blei und 36,5 Mio. Pfund Zink aus. Bei diesem Modell wurde eine tägliche Verarbeitung von damals noch 5.700t Gestein vorausgesetzt.

Größter Einzelaktionär aus dem Management-Team ist Dr. Martin Oczlon, VP Exploration und Gründer des Unternehmens. Er hält rund 2,3 Mio. Aktien, und war früherer Senior Geologist bei BHP. Insgesamt sind rund 40% aller Aktien in Händen von Management, Insidern und Institutionellen.

Anstehende Ereignisse:

• März 2013: finale Machbarkeitsstudie und neue Ressourcenkalkulation
• 2. Quartal 2013: Explorationsbohrungen
• Durchgehend: Umweltstudie
• Weiter: Projektfinanzierung

Das 52-Wochentief lag bei 0,42 CAD (kanadische Dollar), das Hoch bei 0,71 CAD. Zum Zeitpunkt der Erstellung dieses Firmenprofils lag der letzte Schlusskurs bei 0,59 CAD.

Ausstehende Aktien 53,09 Mio.
Börsenwert bei Kurs von 0,59 CAD (kanadische Dollar): 31,3 Mio. CAD

Weiterführende Informationen erhalten Sie direkt beim Unternehmen auf der Webseite www.aldridgeminerals.ca und als Abonnent von stockreport.de, dort wird Aldridge regelmäßig besprochen.

Für eine vollständige Darstellung des Firmenprofils inklusive allen Grafiken folgen Sie bitte diesem Link:

> http://www.explorercheck.com/pdf/Aldridge_Minerals_Firmenpro… <

- DIES IST KEINE KAUF- ODER VERKAUFSEMPFEHLUNG-

Aussender:

Aldridge Minerals
Aldridge Minerals Inc.
10 King Street East, Suite 300
Toronto, Ontario M5C 1C3
Main Office Line: +1 (416) 477-6980

David Carew
Director, Investor Relations & Corporate Secretary
dcarew@aldridgeminerals.ca

Aldridge reicht NI 43-101-konformen technischen Bericht zur Machbarkeitsstudie für Yenipazar ein, meldet Ergebnisse der Jahreshauptversammlung und reicht den Geschäftsbericht für das 1. Quartal 2013 ein

TORONTO, 17. Mai 2013. Aldridge Minerals Inc. (TSX Venture: AGM) ("Aldridge" oder das "Unternehmen") ist erfreut, unter anderem bekanntzugeben, dass der NI 43-101-konforme technische Bericht, der die Ergebnisse der Machbarkeitsstudie für das Projekt Yenipazar in der Türkei zusammenfasst (der "Bericht"), auf SEDAR unter www.sedar.com und auf der Website des Unternehmens unter www.aldridgeminerals.ca veröffentlicht wurde. Alle Dollarbeträge in dieser Pressemitteilung sind in US-Dollar angegeben....


http://www.finanznachrichten.de/...azar-ein-meldet-ergebnisse-016.htm  

http://www.finanznachrichten.de/...0-beteiligung-an-yenipazar-016.htm  

http://www.minenportal.de/...en-in-der-Tuerkei-als-Investitionschance

 

Aldridge Closes US$45 Million Financing with Orion Mine Finance and Existing Shareholders
 


September 26, 2014 11:45:00 UTC

- US$10 Million Private Placement at US$0.45 -

- US$35 Million Bridge Loan Facility -

- Gold and Lead Offtake Agreements Executed -


Aldridge Minerals Inc. (TSX Venture:AGM) (“Aldridge” or the “Company”) is pleased to announce that it has closed its previously announced financing with Orion Fund JV Limited, an affiliate of the Orion Mine Finance funds (“Orion”), in connection with a US$10 million equity private placement which includes participation by the Company’s two largest shareholders (the “Private Placement”) and a US$35 million bridge loan facility (the “Loan”). Aldridge has also entered into lead concentrate and gold offtake agreements with an Orion affiliate (the “Offtakes”). The Private Placement, Loan and Offtake transactions are collectively referred to as the Transactions.

US$10 Million Private Placement

Orion has purchased 11,660,611 common shares of Aldridge (“Common Shares”) through a non-brokered private placement for gross proceeds of US$5,247,275, representing a purchase price of US$0.45 per Common Share or approximately CDN$0.50 per Common Share, which is a 72% premium to the closing price of the Common Shares on the TSX Venture Exchange (the “Exchange”) on August 28, 2014, the date prior to the announcement of the Transactions.

The Company’s two largest shareholders, ANT Holding Anonim Sti. (“ANT”) and APMS Investment Fund Ltd. (formerly Mavi Investment Fund Ltd.) (“APMS”), participated in the Private Placement to maintain their present 30.1% and 17.4% ownership positions, respectively. ANT purchased 6,696,732 Common Shares at a price of US$0.45 per Common Share for gross proceeds of US$3,013,529. APMS purchased 3,864,879 Common Shares at a price of US$0.45 per Common Share for gross proceeds of US$1,739,195. In recognition of investing at a substantial premium to the market price of the Common Shares, ANT and APMS received one Common Share purchase warrant (each, a “Warrant”) for each Common Share purchased through the Private Placement. Each Warrant entitles the holder to acquire one Common Share at a price of US$1.00 for a period of two years from September 25, 2014. The Common Shares and the Warrants, and the Common Shares issuable on exercise of the Warrants, will be subject to a four-month hold period from September 25, 2014 under applicable securities laws.

In connection with the Private Placement, Orion, which now owns approximately 10.9% of the outstanding Common Shares, was granted the right to nominate one individual for election to the Board of Directors of the Company for 24 months following September 25, 2014 and thereafter for such time as Orion owns at least 10% of the outstanding Common Shares, subject to certain adjustments.

Aldridge is pleased to announce that the initial Orion nominee, Douglas Silver, has been appointed to the Board of Directors effective immediately.

Mr. Silver is a highly regarded mining and investment executive with more than 30 years of experience in the international mining industry. He is currently a portfolio manager of Orion and a director of Stornoway Diamond Corporation and Oracle Mining Corp. Mr. Silver was the founder, CEO and Chairman of International Royalty Corporation, one of the largest publicly-traded mining royalty companies, until its sale to Royal Gold Inc. in 2010. Mr. Silver has a BA in Geology from the University of Vermont and a Masters in Economic Geology from the University of Arizona.

Mr. Barry Hildred, Chairman of the Board of Aldridge, stated: “On behalf of my fellow directors, I am pleased that Douglas has joined the Aldridge Board following the successful completion of the Transactions. We look forward to benefiting from Douglas’ extensive experience in the mining business as we progress through the land acquisition, detailed engineering, project construction, commissioning and operations at Yenipazar.”

In order to facilitate the Transactions, Mr. John Cook has agreed to resign from the Board of Directors effective immediately. Mr. Hildred added: “I wish to extend my personal appreciation to John for his many contributions to Aldridge over the past three years. Most recently, John was instrumental in achieving the positive Yenipazar Optimization Study results we announced earlier this year and we look forward to continuing to benefit from John’s technical expertise in his new role with Aldridge as Technical Advisor to the CEO.”

US$35 Million Loan

The Company also announced that it has obtained an initial advance of US$10 million under the Loan. The proceeds from advances under the Loan, together with the net proceeds of the Private Placement, will be used to fund the Yenipazar land acquisition, advance basic and detailed engineering and for general working capital purposes through to project financing.

Loan Highlights:

Principal amount of US$35 million.
The maturity date is August 29, 2016.
Interest is 9% per annum plus the greater of 3 month USD LIBOR and 1%. Interest will accrue over the term of the Loan and will be capitalized monthly.
Early repayment of the Loan may occur at any time without charges (other than customary breakage costs).
The Loan is not subject to any structuring or arrangement fees.
Orion has a first priority security interest in all of the material assets of the Company and Aldridge Mineral Madencilik Limited Şirketi. Such security will be released following full repayment of the Loan plus all accrued interest.
Lead Concentrate and Gold Offtakes

Aldridge and Orion, together with Aldridge’s wholly-owned subsidiary Aldridge Mineral Madencilik Limited Şirketi (“Aldridge Turkey”), have also entered into definitive Offtakes. Under the Offtakes, Aldridge Turkey has agreed to sell and Orion has agreed to purchase on a take-or-pay basis certain lead concentrate and gold expected to be produced at the Company’s Yenipazar Project. Aldridge Turkey will sell 50% of the gold produced over the first ten years of the mine plan at Yenipazar, subject to minimum total deliveries of 237,089 ounces of gold. Aldridge Turkey will also sell 5,000 dry metric tonnes of lead concentrate per annum to Orion over the first ten years of the mine plan at Yenipazar, corresponding to approximately 20% of the total lead concentrate volume, subject to minimum total deliveries of 50,000 dry metric tonnes of lead concentrate. The payment price for both the lead concentrate and the gold will be determined in the context of the market at the time of delivery, subject to certain quotational periods. The Offtakes underscore Orion’s confidence in the Project and will assist Aldridge in demonstrating bankable revenue streams to prospective project lenders.

Regulatory

The securities being offered have not been, nor will they be registered under the United States Securities Act of 1933, as amended, or state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. federal and state registration or an applicable exemption from the U.S. registration requirements. This release does not constitute an offer for sale of securities in the United States.

About Aldridge

Aldridge is a development stage mining company focused on its wholly owned Yenipazar polymetallic VMS Project (Au, Ag, Cu, Pb, Zn) in Turkey (the “Project”), a country that is committed to developing its natural resources. Aldridge completed the Yenipazar Optimization Study and filed the related NI 43-101 compliant technical report in May 2014, which updated the original May 2013 Feasibility Study. The Company is currently advancing the Project on key aspects including permitting, design, land acquisition and project financing.

Caution Regarding Forward-Looking Information

This news release includes certain forward-looking statements within the meaning of Canadian securities laws, including, but are not limited to, the ability to meet the conditions under the Loan to obtain future advances under the Loan, the ability to accomplish remaining milestones, land acquisitions, securing project financing in 2015, advancing the Yenipazar Project to production, economic performance, future plans and objectives of the Company.

Forward-looking statements involve risks, uncertainties and other factors that could cause actual results, performance, prospects and opportunities to differ materially from those expressed in such forward-looking statements. Such risks, uncertainties and factors including meeting conditions for advances under the Loan and the other factors discussed under the heading “Risk Factors” in the Company’s Management’s Discussion and Analysis for the year ended December 31, 2013 and in other continuous disclosure filings made by the Company with Canadian securities regulatory authorities and available at www.sedar.com. Any number of important factors could cause actual results to differ materially from these forward-looking statements as well as future results.

Forward-looking information is based on a number of factors and assumptions which have been used to develop such information but which may prove to be incorrect, including, but not limited to, assumptions in connection with the continuance of Aldridge and its subsidiaries as a going concern, general economic and market conditions, mineral prices, the accuracy of mineral resource estimates. Although Aldridge believes that the assumptions and factors used in making the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Aldridge disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise unless required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.




Aldridge Minerals Inc.
Han Ilhan, 416-477-6988
President & CEO
or
David Carew, 416-477-6984
Director of Corporate Development & Corporate Secretary



This release is posted at: http://www.businesswire.com/news/home/20140926005052/en

Copyright Business Wire 2014


S.BW .R1 AGM.V CONTRAGR.BW .CTRCT FUNDG.BW METAL.BW .MINING NATRE.BW STKSLBUY.BW .OFFER