News-Releases
News Releases

Aldridge receives first stage metallurgical test report for the Yenipazar Au-Ag-Cu-Pb-Zn open pit project, Central Turkey

04/03/2009

Vancouver, British Columbia – April 3, 2009: Dr. Hikmet Akin, President of Aldridge Minerals Inc. (“Aldridge” or the “Company”) is pleased to announce that it has received a report from SGS Minerals Services, (Lakefield) laboratories, where metallurgical testwork was conducted. Results indicate that separate concentrates with Cu (+Au), Pb (+Ag), and Zn can be produced with economic concentrate grades.

The ore was subjected to two different processes: bulk grinding and flotation of the whole ore, and gravity pre-enrichment of the sulphide minerals followed by grinding and flotation. Overall, flotation using the gravity concentrate produced results with better consistency and metallurgy. The non-sulphide materials may have hindered flotation in the bulk material, which resulted in relatively poor flotation selectivity and inconsistent results.

The metallurgical projection derived from locked cycle flotation testing is a copper concentrate with 26% Cu, 14% Pb, 130g/t Au, and 910g/t Ag at 70% Cu, 13% Pb, 65% Au, and 25% Ag recovery. The projected lead concentrate graded 66% Pb and 2070g/t Ag at 52% Pb and 50% Ag recovery. The projected zinc concentrate graded 60% Zn at 60% recovery.

Future testwork is focussing on confirming that a Pb-free copper concentrate can be produced through Cu/Pb separation. This would also result in increased Pb and Ag recovery in the lead concentrate. Additional increases in recovery could be made through the optimization of the gravity conditions and the recovery of the Zn contained in oxides and gahnite.

A sample weighing 2.5 t has been shipped to Corem in Québec City, Québec, Canada to optimize first the gravity pre-concentration and then flotation. The sample is derived from a 42-meter-deep shaft as reported in Aldridge’s news release dated December 16, 2008. Results are expected this summer.

Martin S. Oczlon, PhD Geo, a director of Aldridge and Qualified Person as defined in NI 43-101, has reviewed and verified the technical content of this press release. SGS Minerals also reviewed this press release and approved its content.

About Aldridge Minerals

Aldridge Minerals Inc. is mainly focused on mineral opportunities in Turkey where the Company is conducting an ambitious exploration and development program at its flagship Yenipazar polymetallic VMS project.  

Aldridge has also identified several other prospective opportunities in Turkey and has amassed a large property position where a systematic exploration program is underway.

On behalf of the Board of Directors
“Signed”

_________________________________

DR. 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 projections.

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

Further information:

Dr. Hikmet Akin,
President and Director
Aldridge Minerals Inc.
1 604 688 8932

TSX-V: AGM 0.19 +0.00 +0% Volume: 10,000 May 25, 2017

Downloads

Date Download
November 29, 2016 Financial Statements - Q4 2016 699 KB
November 29, 2016 Q4 2016 MD&A 826 KB
June 11, 2012 Yenipazar Plan Map 1.21 MB
March 22, 2012 Corporate Presentation 1.34 MB