TORONTO--(BUSINESS WIRE)--Aldridge Minerals Inc. (TSX-V: AGM) (“Aldridge” or the “Company”)
reports that following the recent events in Turkey, the Company is able
to confirm that all personnel have been accounted for and are safe.
There have been no disruptions at the Company’s Yenipazar Project, which
is located approximately 290 kilometres east-southeast of Ankara, or the
Company’s Ankara office. Aldridge will continue to monitor the situation
closely.
About Aldridge
Aldridge is a development stage mining
company focused on its wholly owned Yenipazar polymetallic Massive
Sulfide Project (Gold, Silver, Copper, Lead, Zinc) 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 land acquisition, project financing and
engineering.
www.aldridgeminerals.ca
Caution Regarding Forward-Looking Information
This news
release may include certain forward-looking statements within the
meaning of Canadian securities laws, including, but not limited to, the
ability to accomplish remaining milestones, completing the Yenipazar
land acquisition, refinancing the Company’s existing loan, securing
project financing, advancing the Yenipazar Project to production,
economic performance and the 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 existing loan and
the other factors discussed under the heading “Risk Factors” in the
Company’s Management’s Discussion and Analysis for the year ended
December 31, 2015 and in other continuous disclosure filings made by the
Company with Canadian securities regulatory authorities and available at www.sedar.com.
Any number of important factors could cause actual results to differ
materially from these forward-looking statements as well as future
results.
Forward-looking information is based on a number of factors and
assumptions which have been used to develop such information but which
may prove to be incorrect, including, but not limited to, assumptions in
connection with the continuance of Aldridge and its subsidiaries as a
going concern, general economic, political and market conditions,
mineral prices, the accuracy of mineral resource estimates. Although
Aldridge believes that the assumptions and factors used in making the
forward-looking statements are reasonable, undue reliance should not be
placed on these statements, which only apply as of the date of this news
release, and no assurance can be given that such events will occur in
the disclosed time frames or at all. Aldridge disclaims any intention or
obligation to update or revise any forward-looking statement, whether as
a result of new information, future events or otherwise unless required
by law.
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.
Aldridge Minerals Inc.
Han Ilhan, 416-477-6988
President
& CEO
or
David Carew, 416-477-6984
Director of
Investor Relations