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.”
About Aldridge
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.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 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.
www.aldridgeminerals.ca
View source version on businesswire.com: http://www.businesswire.com/news/home/20150925005764/en/
Contact
Aldridge Minerals
Han Ilhan, 416-477-6988
President & CEO
or
David Carew, 416-477-6984
Director of IR & Corporate Secretary
