Vancouver, British Columbia, Canada. Aldridge Minerals Inc. (“Aldridge” or the “Company”) (TSX-V: AGM, Frankfurt: A0CAPB) announced that it has granted a total of 200,000 stock options to certain directors and officers of the Company at a price of $2.40 per option. The options are granted pursuant to the terms of Aldridge’s Stock Option Plan and any common shares issued are subject to a four month hold period in accordance with the policies of the TSX Venture Exchange.
About Aldridge Mineral
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. An updated resource calculation is scheduled for Summer 2008, to be followed by a Preliminary Economic Assessment (“PEA”). The PEA is subject to the progress in data compilation for open pit and plant construction, and in metallurgical testing.
Aldridge has also identified several prospective nickel and uranium opportunities in Turkey and has amassed a large nickel property position where a systematic development program has commenced.
On behalf of the Board of Directors
DR. HIKMET AKIN
President and Director
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 projections.
The TSX Venture Exchange Inc. has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
For more information, contact:
Aldridge Minerals Inc.
Dr. Hikmet Akin, Präsident & CEO
Suite 1203 – 700 West Pender Street
Vancouver, BC, V6C 1C8
Tel. +1 (604) 688-8932
Jay J. Bedard
The Equicom Group
Tel. +1 (416) 815-0700 x 247