Aldridge announces latest results from Yenipazar (VMS, Turkey) for independent 43-101-compliant resource upgrade



    TSX-V: AGM
    Frankfurt: A0CAPB

    VANCOUVER, July 7 /CNW/ - Aldridge Minerals Inc. ("Aldridge" or the
"Company") announced today that it has received all results from Yenipazar
holes drilled to June 6th, before the field visit of the independent group P&E
Mining Consultants Inc. ("P&E") on June 30th. The entire database comprises
now 321 RC-holes, largely drilled on a grid of 40 x 40 m, and 11 diamond
holes, together forming the basis for the independent P&E-resource upgrade.
The better intersections received during June are listed below, among them one
hole with a cumulative thickness of 146 m VMS-mineralization (YP-312). The
trend towards relatively gold-rich intersections (see NR from June 4th) could
be substantiated.
    Assaying was performed at ALSChemex (Vancouver).

    
    -------------------------------------------------------------------------
             Interval  Thick-
    Hole        (m)     ness  Type of  Au g/t  Ag g/t   Cu %    Pb %    Zn %
    -------------------------------------------------------------------------
     No.     from   to   (m)    Min.   ALSCh   ALSCh   ALSCh   ALSCh   ALSCh
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    YP-298    66    74     8   Sulph.   3.39   61.46    1.07    1.80    2.55
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    YP-299    68    78    10   Sulph.   4.81   95.88    1.33    3.42    4.91
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    YP-306    98   108    10   Sulph.   5.82   54.58    0.89    2.24    3.67
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    YP-311     4    36    32   Oxide    2.56  150.23    0.27    3.95    0.86
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    YP-312     2    34    32   Oxide    1.27  155.88    0.11    6.46    0.35
    -------------------------------------------------------------------------
    YP-312    34   100    66   Sulph.   0.40   41.36    0.04    2.72    0.67
    -------------------------------------------------------------------------
    YP-312   104   132    28   Sulph.   0.22   24.16    0.01    1.96    0.26
    -------------------------------------------------------------------------
    YP-312   162   182    20   Sulph.   0.26   41.82    0.01    2.18    0.32
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    YP-315    50    68    18   Sulph.   4.29  104.37    1.15    2.60    4.61
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    YP-316    64    80    16   Sulph.   5.34   93.61    1.37    1.25    2.87
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    YP-317    64    72     8   Sulph.   3.12   55.33    0.82    1.76    4.17
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    YP-318    60    80    20   Sulph.   1.40   43.99    0.54    1.13    2.08
    -------------------------------------------------------------------------
    Complete results are available on www.aldridgeminerals.com
    


    The Yenipazar project is subject to an earn-in agreement with Anatolia
Minerals, wherein Aldridge can earn a 100% working interest, subject to a net
proceeds interest held by Anatolia Minerals. At the current rate of project
expenditures, Aldridge's work commitment of US$6 million should be reached by
early 2009.
    Dr. Martin S. Oczlon, PhD Geo., a director of Aldridge and a Qualified
Person as defined in NI 43-101, has reviewed and verified the technical
content of this release.

    About Aldridge Minerals

    Aldridge Minerals Inc. is wholly focused on mineral opportunities in
Turkey where the Company is conducting an ambitious exploration and
development program at its flagship Yenipazar polymetallic VMS project. An
updated resource calculation is scheduled for Summer 2008, to be followed by a
Preliminary Economic Assessment ("PEA"). The PEA is subject to the progress in
data compilation for open pit and plant construction, and in metallurgical
testing.
    Aldridge has also identified several prospective nickel and uranium
opportunities in Turkey and has amassed a large nickel property position where
a systematic development program has commenced.

    Forward-Looking Statements:

    The statements made in this Press Release may contain forward-looking
statements that may involve a number of risks and uncertainties. Actual events
or results could differ materially from the Company's expectations and
projections.

    The TSX Venture Exchange Inc. has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this release.





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