TORONTO--(BUSINESS WIRE)--Aldridge Minerals Inc. (TSX-V: AGM) (“Aldridge” or the “Company”) announced today the resignation of Robbert Borst, Vice President Project Development of the Company effective as of September 24, 2015.
Han Ilhan, President & CEO, commented, “Aldridge’s project development activities will continue to be led from our offices in Turkey under the leadership of Jaymes Dircks, Aldridge’s Engineering, Procurement and Construction Director with my full support. Jaymes joined the Company in January 2015 and is based full-time in Turkey at the Company’s Ankara and Project offices. Since 2006, Jaymes has managed Construction to Commissioning for mining projects in Turkey and Central Asia and is intimately familiar with leading project development efforts in the region.”
Mr. Ilhan added, “I would like to thank Robbert for his service and wish him well in his future endeavours.”
Aldridge is a development stage mining company focused on its wholly owned Yenipazar polymetallic Massive Sulfide Project (Au, Ag, Cu, Pb, Zn) in Turkey, a country that is committed to developing its natural resources. Aldridge completed the Yenipazar Optimization Study and filed the related technical report in May 2014, which updated the original May 2013 Feasibility Study. The Company is currently advancing the Yenipazar Project on key aspects including engineering, land acquisition and project financing.
Caution Regarding Forward-Looking Information
This news release includes certain forward-looking statements within the meaning of Canadian securities laws, including, but are not limited to the ability to accomplish remaining milestones, land acquisitions, securing project financing and commencing construction in 2016, advancing the Yenipazar Project to production in 2018, economic performance, future plans and objectives of the Company.
Forward-looking statements involve risks, uncertainties and other factors that could cause actual results, performance, prospects and opportunities to differ materially from those expressed in such forward-looking statements. Such risks, uncertainties and factors including meeting conditions for advances under the Loan and the other factors discussed under the heading “Risk Factors” in the Company’s Management’s Discussion and Analysis and Annual Information Form for the year ended December 31, 2014 and in other continuous disclosure filings made by the Company with Canadian securities regulatory authorities and available at www.aldridgeminerals.ca