Aldridge is focused on precious and base metal exploration in Turkey, where mining companies find political stability, excellent infrastructural development, a modern and attractive mining code (2004), and good potential for large deposits. Kisladag in western Turkey and Cöpler in central-eastern Turkey are examples for large open pit minable gold discoveries during recent years. Another large discovery is the Caldag lateritic nickel deposit in western Turkey.

Aldridge’s current main project is the Yenipazar gold, silver, copper, lead, and zinc deposit in central Turkey, where 340 holes have been drilled for resource definition to September 2008. 44,727 m were drilled in 329 RC-holes, and 2293 m in 11 diamond holes, and resources are determined within an optimized open pit shell.

43-101-compliant, independent Yenipazar resource increase, October 2008

Resources were determined independently, according to the sharp Canadian NI 43-101 standards.

The deposit is volcanogenic massive sulphide (VMS) in nature, with a currently determined strike-length of 1700 m (open in one direction), on average about 150 m wide, 30 m thick, located at depths between 30 m and 190 m. High-temperature metamorphism led to growth of larger sulphide grains, potentially facilitating metallurgical extraction.

Beyond this, Aldridge acquired a number of licenses with nickel and 85 for uranium. Concerning uranium, Aldridge is the first mover in Turkey and was able to secure also areas historic uranium finds. The uranium program is currently transferred to the spin-off company ‘Aldridge Uranium’.

Aldridge Minerals Inc. is listed on the Toronto Venture Stock Exchange (TSX-V), ticker symbol AGM and on the German Stock Exchange in Frankfurt under WKN A0CAPB.

You can find more Details under Company history in the main area "About Aldridge".