Vancouver, British Columbia, Canada. Aldridge Minerals Inc. (“Aldridge”) is pleased to announce that it entered into an agreement to test an innovative down-hole logging system (“The System”).
The System shall carry out measurements in drillholes, but also within soil, RC-pulp, or along even rock surfaces, reading concentrations of virtually any metal down to low ppm-levels. A test of this device shall be performed at Aldridge’s ongoing drill program on the Au-Ag-Cu-Pb-Zn Yenipazar project (July 2006). The System shall measure retrieved RC-pulp samples (2 m-intervals) and the respective in-situ drill hole intervals, and results shall be compared with geochemical assaying of the RC pulp samples.
In the event that the new technology proves successful, Aldridge and its partner shall enter into a production agreement for The System, and Aldridge shall have the exclusive rights for marketing of The System.
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 is active in the exploration and development of gold and base metal projects in Turkey.
On behalf of the Board of Directors
DR. HIKMET AKIN
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
For further information please contact:
Aldridge Minerals Inc.
Tel. +1 (306) 955-4741
Suite 204, 3540 West 41st Avenue
Vancouver, BC, V6N 3E6, Canada