VANCOUVER, Sept. 18 /CNW/ - Aldridge Minerals Inc. ("Aldridge") announced
today that the Company has commenced drilling on its 100% owned Murat Dag
nickel laterite project in western Turkey. The laterites comprise about eight
square kilometres. Previous rock grab sampling carried out in one of the
licenses yielded grades up to 8% Ni.
Aldridge is employing a wide drill grid with 200-400 m spaced holes to
understand the basic trends of nickel and cobalt mineralization on its
licenses. This first phase of drilling is scheduled for 1500 drill-meters,
with holes on average 30-50 m deep, expected to conclude within 5-6 weeks.
Results will be made public as received. Analysis of the results will
determine the scope and focus of the second phase of drilling.
Aldridge President & Director, Hikmet Akin, said, "Last year Aldridge
acquired an extensive array of licenses for nickel-laterite prospects in the
Murat Dag area of western Turkey. We believe that Turkey is particularly rich
in promise for nickel deposits and presents a unique opportunity because there
has yet been very little development of nickel projects in the country. Nickel
laterites are potentially a key area of focus for Aldridge."
Nickel-bearing laterites form at the surface from weathering of rocks
coming from Earth's mantle. These rocks are pre-enriched in nickel, and
weathering lasting for few millions of years strips nickel and cobalt from
near the surface to deeper layers in the weathering profile (tens of meters
below the surface). Nickel grades in these layers may reach significant
percent-levels and are the target of exploration. Nickel laterite projects are
becoming increasingly important because they are large and easily minable in
open cast. Modern technology also allows the production of nickel concentrates
at low cost.
Martin S. Oczlon, PhD Geo, a director of Aldridge and Qualified Person as
defined in NI 43-101, has reviewed and verified the technical content of this
Aldridge Minerals Inc. is a Canadian-based junior mining company formed
in 1994 as a minerals exploration company. Aldridge's current main project is
the Yenipazar gold, silver, copper, lead, and zinc deposit in central Turkey,
where the company has drilled 120 holes for resource definition since
May 2007. The Company also holds the Derinkoy gold-silver exploration license
in the Pontide copper-gold belt of NE Turkey. For further information, please
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
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this news release.
For further information:
For further information: Hikmet Akin, President & Director, Aldridge
Minerals Ltd., Tel: (604) 737-2743, Email: email@example.com; Andreas Curkovic,
Investor Relations, The Equicom Group, Tel: (416) 815-0700 x262, Email: