News-Releases
News Releases

Aldridge Earns 100% Interest In Yenipazar

06/17/2013

www.aldridgeminerals.ca
Twitter: @AldridgeAGM
TSX-V: AGM

TORONTO, June 17, 2013 /CNW/ - Aldridge Minerals Inc. (TSX Venture: AGM) ("Aldridge" or the "Company") is pleased to announce the exercise of its option to earn a 100% working interest in the Company's flagship Yenipazar Property in central Turkey. Aldridge completed the earn-in by delivering the Yenipazar Feasibility Study to Alacer Gold Corp. ("Alacer"). Alacer retains a 6% net profit interest ("NPI") in the Yenipazar Property until such time as operational revenues reach the amount of US$165,000,000. When revenues exceed this threshold amount, the NPI will increase to 10%.

About Aldridge
Aldridge is a development stage mining company focused on advancing its Yenipazar polymetallic VMS deposit (Au, Ag, Cu, Pb, Zn) in Turkey - a country that is committed to developing its natural resources and is rapidly emerging as an economic powerhouse. Following completion of the Feasibility Study, one of Company's key objectives of 2013 is to obtain the project financing needed to build the Yenipazar project and thereafter commence production. The project financing may include some combination of equity, senior debt, metal streaming and off-take agreements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Mario Caron 
President & CEO, Director
(416) 477-6985

David Carew
Director of Corporate Development & IR
(416) 477-6984

TSX-V: AGM 0.24 +0.01 +2.17% Volume: 6,586 April 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 1.38 MB