Aldridge Minerals reports on drilling progress at Yenipazar deposit

    TSX-V: AGM
    Frankfurt: A0CAPB

    VANCOUVER, Dec. 4 /CNW/ - Aldridge Minerals Inc. ("Aldridge" or "the
Company"), (TSX-V: AGM) announced today that the company is on schedule with
its resource definition drilling at Yenipazar in central Turkey. Resources
shall be defined within an optimized open pit shell. There is one permanent
reverse circulation drill rig (RC) on the project; to date, 29,410 RC-metres
have been completed at Yenipazar in 215 holes, plus 2,293 metres of diamond
    Assays for 187 RC-holes have been received from ALSChemex, but results
for submitted samples from the last 28 holes are still pending. All samples
are surveyed on site with a portable X-ray element reader, yielding results
from grades above several hundred ppm for various metals (1000 ppm
= 0.1%). While these results are semi-quantitative, they do allow
an assessment of the quality of mineralization in most cases, and avoid
sending barren samples to the laboratory. According to the X-ray results for
the last 28 holes, mineralization in the southern sector of the Yenipazar
deposit has been found to reach 400 m width in one line of 40-m-spaced
drillholes. This is about twice as wide, across the known 1.7 km strike length
of the deposit, as has ever been found before. The area surrounding this
unexpected extension in deposit width will be a focus of further exploration.
    The latest available assays are from holes drilled in marginal sectors of
the 1.7 km long deposit, necessary for outlining the limits of the deposit.
Better results are:

    Hole    Interval(m)    Thick    Au g/t  Ag g/t    Cu %     Pb %     Zn %
    No.     from    to     (m)
    YP-177  26      76     8(*)     2.13     14.10    0.09     0.82     1.18

    YP-178  12      82     30(xx)   0.74     39.41    0.41     1.06     0.76

    YP-179  66      76     10       0.23     41.53    0.05     0.69     1.16
    A full account of drill hole assay results is available on Aldridge's
    (*)  Cumulative thickness of two mineralized levels
    (xx) Cumulative thickness of four mineralized levels

    Aldridge President & Director, Dr. Hikmet Akin, said, "We are pleased to
see the Yenipazar Project growing larger with this discovery of an unexpected
extension in width. Overall, the southern part of the deposit known appears to
have wider mineralized sections than previously understood, and contains
sections with much higher grades than the northern part, where the currently
outlined NI43-101 resources are located. We are looking forward to exploring
the full extent of the southern portion of the Yenipazar deposit in the coming
six months."
    The Yenipazar project is subject to an earn-in agreement with Anatolia
Minerals, wherein Aldridge can earn a 100% working interest.
    Dr. Martin S. Oczlon, PhD Geo, a director of Aldridge and a Qualified
Person as such term is defined in NI-43-101, has reviewed and verified the
technical content of this release.

    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. A
Preliminary Economic Assessment as well as an updated resource calculation is
scheduled for Q2 2008, subject to the eventually determined size of the
deposit and progress of respective resource definition drilling. Aldridge has
also identified several prospective nickel opportunities in Turkey and has
amassed a large property position where a systematic development program has

    On behalf of the Board of Directors

    "Hikmet Akin"
    President and Director

    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

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

For further information:

For further information: Dr. Hikmet Akin, President & CEO, Aldridge
Minerals Inc., (604) 737-2743; Martti Kangas, The Equicom Group, (416)
815-0700 x 243

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