Aldridge Receives Feasibility-Scale Final Report for Gravity Pre-Enrichment of Yenipazar Ore, Central Turkey

Tue Dec 8, 2009 5:27pm EST

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Dr. Hikmet Akin, President of Aldridge Minerals Inc. ("Aldridge" or the
"Company") (TSX VENTURE: AGM)(FRANKFURT: A0CAPB) is pleased to announce
that the Company has received a 176-page-report from Corem in Quebec
City, Quebec, Canada, titled "Feasibility-Scale Gravitational
Pre-Concentration Testwork on a 2.4-t Bulk Sample from the Yenipazar
VMS-Project, Central Turkey". Interim results from this testwork have
been published previously, with the best result being:

    Total recovery (%) in 60.5% of the original feed mass:

    Au        Ag        Cu        Pb        Zn
  93.35     84.72     86.98     86.03     93.09

    Further to this, a different route for gravity pre-enrichment has been
followed, with total recovery in 64 % of the feed mass:

    Au        Ag        Cu        Pb        Zn
   91.0      87.1      87.3      80.7      93.8

    The second set of results comes from a feed of 3 grain size fractions,
whereas the first set has only 2 grain size fractions. It has been
documented that the middle size fractions (-212/+53 micron) has the
poorest recovery, whereas the coarser (-850/+212 micron) and finer
(-53/+10 micron) material have excellent recoveries, all three together
yielding the second set of results.

    Testwork has further shown that it is possible to recover gravitationally
about 1% of the total contained metal from the -10 micron fraction, in
particular gold. The -10 micron fraction is commonly removed to improve
performance in both, gravity pre-enrichment and flotation. This
additionally recovered material has been added to the second set of
results, but not to the first as reported above.

    Re-grinding of only the middle size fraction is expected to yield better
liberation and overall higher recoveries than any of the results reported
here. This will be applied to preparation of a large sample of gravity
pre-concentrate for ensuing flotation testwork, targeting the best
possible overall recoveries.

    Gravity pre-enrichment is the preferred route for the Yenipazar Project
to yield better flotation parameters (higher feed grade, elimination of
sheet silicates). The mass reduction leads to an ensuing smaller
mill/flotation circuit, and to better milling properties. All this should
result in lower capital and operational cost.

    The Yenipazar project is subject to an earn-in agreement with Anatolia
Minerals, wherein Aldridge can earn a 100% working interest, subject to a
6% net proceeds interest ("NPI", revenues less operational cost) until
revenues of US$ 165 million are generated, and 10% NPI from there on.

    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.

    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 Papua New Guinea, and has amassed a large property position
where a systematic exploration program is underway.

    On behalf of the Board of Directors

    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.

    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 release.

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

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