News Releases

Grant of Stock Options


Saskatoon, Saskatchewan, Kanada. Oct. 28, 2005. Aldridge Minerals Inc. ("Aldridge") (TSX VENTURE:AGM) announces the grant of options to purchase an aggregate total of 630,000 common shares in the capital of the Company ("Common Shares"), effective October 28, 2005, to the following persons:

NAME                                   POSITION         NUMBER OF OPTIONS
Hikmet Akin                        DIRECTOR AND
                                              PRESIDENT                  175,000
Peter Kausch                           DIRECTOR                  125,000
John Schaw                             DIRECTOR                    125,000
Advice Portfolio Management GmbH     CONSULTANT   205,000

Each option is exercisable at a price of $0.85 per share for a period of five years after the date of grant. The options, and any Common Shares issued upon exercise of the options, are subject to a four month hold period pursuant to the policies of the TSX Venture Exchange. The Options are subject to the terms of Aldridge's Stock Option Plan, which has been approved by shareholders of Aldridge and the TSX Venture Exchange. Pursuant to the Stock Option Plan, Aldridge has allotted and reserved for issuance thereunder, the number of Common Shares that equals 10% of the number of Common Shares issued and outstanding from time to time, subject to standard anti-dilution adjustments.

Aldridge is a gold and base metal exploration, mining and development corporation with exploration projects in Turkey.

On behalf of the Board of Directors
Hikmet Akin, President and a Director

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

Aldridge Minerals Inc.
Hikmet Akin
President and a Director
(306) 955-4741