The program consisted of in-fill holes within the current open pit reserve boundary, as well as step-outs to the north. The Company completed eight vertical drill holes totaling 2,525 metres in March and April of 2015.

HIGHLIGHTS:

• Drill holes NE-01 through NE-04 are located on the boundary of the reserve area (projected to the surface), and all four holes confirmed mineralization extending to the north.

  • NE-03 intersected 4.03% lead, 5.13% zinc, 0.84% copper, 1.51 g/t (grams per tonne) gold and 79 g/t silver over 26 metres, with a 17 metre sub-interval grading 6.13% lead, 7.78% zinc, 1.06% copper, 1.79 g/t gold and 118 g/t silver.
  • NE-04 is located 65 metres east of NE-03 and intersected 5.48% lead, 4.84% zinc, 0.56% copper, 3.11 g/t gold and 116 g/t silver over 14 metres.
  • The above intervals are particularly notable in that both the base and precious metals grades are higher than the average grades reported for the Project’s reserves, as well as those typically encountered in earlier exploration drilling.
  • The Company’s most recent Technical Report has an effective date of April 15, 2014 and is titled "Technical Report on the Yenipazar Optimization Study, Yozgat Province, Turkey" (the "Technical Report"). For comparison, the Technical Report has a statement of open pit probable mineral reserves of 29.17 million tonnes averaging 0.88 g/t gold, 29.4 g/t silver, 0.30% copper, 0.95% lead, and 1.40% zinc.

• Holes NE-05 and NE-06 are step-outs from the reserve area, and confirm the northward extension of mineralization. NE-05 is located 76 metres north of NE-03 and intersected 2.06% lead, 2.32% zinc, 0.13% copper, 0.50 g/t gold and 42 g/t silver over 16 metres.

• NE-07 and NE-08 are long exploration step-outs to the north of the reserve area. NE-07 is located 164 metres north of NE-05 and intersected anomalous copper mineralization over 5 metres grading 0.22% between 327 and 332 metres. Additionally, NE-08 which is located 321 metres north of NE-05, intersected 4 metres grading 1.02% copper at shallower depths between 83 and 87 metres. The Company believes that these two holes provide a basis for further exploration potential beyond the current area of the defined reserves for the Project.

"We are encouraged by the results generated from this limited 2,500 metre drill program," commented Han Ilhan, President & CEO of Aldridge.

"Given that these latest results demonstrate the continuity of mineralization to the north of the known orebody, we look forward to expanding our exploration program to better define the potential in the future. We are also in the process of finalizing plans to investigate the additional potential of our 100 square kilometre Yenipazar license area, 90% of which has not been explored in detail."