Aldridge Minerals Inc.: Progress of Metallurgical Testwork for Yenipazar Ore, Central Turkey

Wed Apr 14, 2010 2:44pm EDT

* Reuters is not responsible for the content in this press release.

  VANCOUVER, BRITISH COLUMBIA, Apr 14 (MARKET WIRE) -- 
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 encouraging interim results on its
flotation testwork for a bulk-sample sample from the gold-rich Yenipazar
VMS deposit in central Turkey.

    The results reported today reflect the first stage of metal extraction
via flotation on a P80 -75 micron feed (80% of the grains have a size of
75 micron or smaller), targeting mainly copper and with it gold because
much of the contained gold reports to copper in this case. This is called
a Cu-rougher concentrate. The other elements present in the Cu-rougher
concentrate, which are lead (to which most of the silver reports) and
zinc, are to be separated later during the cleaning stage from the
Cu-rougher concentrate. Cleaning may be achieved with finer grinding to
separate Zn and Pb minerals still hanging together with copper minerals,
and/or with the use of suitable flotation reagents. Further, the Pb, Zn,
and Ag are to also be recovered from the Cu-rougher tailings (rejects).

    The tests have been performed by Cytec Industries B.V. Cytec is a large
provider for flotation chemicals and draws on world-wide experience from
testwork on flotation circuits for its clients.

    The flotation tests are being performed on a gravity pre-concentrate with
a grade of approximately 3.75 g/t Au, 59 g/t Ag, 1.51% Cu, 1.36% Pb and
2.29% Zn.

    Metal recoveries and grades in the Cu-rougher concentrate are as follows:


----------------------------------------------------------------------
                Mass        Au        Ag        Cu        Pb        Zn
----------------------------------------------------------------------
Recovery       7.16%    89.29%    62.22%    90.64%    60.60%    48.78%
----------------------------------------------------------------------
Grade                53.32 g/t   420 g/t    17.51%     8.77%     9.87%
----------------------------------------------------------------------


    Note: this test aims to understand the combined extractability of
copper and gold and their recovery correlation, which is very good. This
indicates that most of the gold may be recovered together with the copper
in a concentrate. The bulk of the balance for recoveries of Pb, Ag, and
Zn is to be floated separately from the Cu-rougher tailings.

    Simultaneously, the company is conducting flotation testwork for the same
bulk sample at Corem in Quebec City, Quebec, Canada. The results reported
below are from a Cu-Pb-rougher concentrate, i.e., instead of focussing on
Cu as the first metal to extract, it attempted to float Cu and Pb
together, to be separated later. This test came out better for
Cu-recovery, but precious metal assays are still pending. These results,
or a complete update on forthcoming tests, will be reported in a separate
news release.


----------------------------------------------------------------------
                Mass        Au        Ag        Cu        Pb        Zn
----------------------------------------------------------------------
Recovery        9.6%   pending   pending    95.46%    82.19%    61.48%
----------------------------------------------------------------------
Grade                  pending   pending    15.75%    12.08%    15.02%
----------------------------------------------------------------------


    Note: this test aims to understand the combined extractability of
copper and lead, together with gold reporting to copper and silver
reporting to lead.

    Dr. Hikmet Akin stated: "We are very pleased with these encouraging
interim results from the flotation work being conducted by both Cytec and
Corem. We expect to have additional results out during this fiscal
quarter, and will provide information to the market as it becomes
available. Once our flotation study is completed, we will immediately
begin a Preliminary Economic Assessment on the Yenipazar Project."

    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.

Contacts:
Aldridge Minerals Inc.
Dr. Hikmet Akin
President and Director
1 604 688 8932
www.aldridgeminerals.com

Copyright 2010, Market Wire, All rights reserved.

-0-
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.