Aldrin Resource Corp ("Aldrin") (TSX VENTURE:ALN) is preparing for the drill
program to follow up the multiple zones of uranium mineralization discovered at
our Anticline Target on the Triple M Uranium Property, adjacent to Fission
Uranium Corp ("Fission")'s Patterson Lake discovery. The first drill hole into
the Anticline Target (ALN14-008) intersected strong uranium mineralization over
significant intervals including: 




a) 53.4 ppm U over 10.0 m between 178.0 and 188.0 m, including a higher     
   value zone of 148.7 ppm U over 1.5 m between 182.5 and 184.0 m;          
b) 273 ppm U over 0.5 m between 235.0 and 235.5 m;                          
c) 97.4 ppm U over 3.5 m between 243.0 and 246.5 m, including a higher value
   zone of 144.8 ppm U over 2.0 m between 243.5 and 245.5 m                 



(Please see news release dated July 26, 2014 for more details.) 

Aldrin interprets these multiple intervals of strong uranium mineralization to
be consistent with the halo of potential high-grade mineralization. Such
high-grade mineralization is typically associated with structures and warrants
more precisely defined potential structural controls. Aldrin intends to use
high-resolution ground geophysical and geochemical surveys over the Anticline
Target area to acquire the necessary structural definition. Surveys will include
in-fill ground gravity, to augment the existing gravity data. The original
gravity survey data was collected on 200 m spaced lines at 50 m station spacing
and showed a significant gravity low anomaly along the conductive axis of the
Anticline Target, suggestive of significant hydrothermal fluid alteration in the
basement. Follow-up infill gravity stations reduced the line spacing to 100 m,
and successfully defined a cross fault that cuts the Anticline target's
conductive axis. Further in-fill is planned to reduce line spacing to 50 m in
order to more precisely locate the position of the cross fault - Anticline axis
intersection. 


Aldrin also intends to complete ground electro-magnetic (EM) surveys to better
constrain the strong conductive anomaly associated with the Anticline Target.
The Anticline Target's conductive anomaly was originally defined by the airborne
VTEM survey flown in northwest oriented lines at 100 m line spacing. The
cross-fault strikes parallel to the VTEM and should be better defined by closely
spaced ground EM lines. Aldrin will collect geochem samples concurrent with the
ground geophysical surveys to further enhance definition of the Anticline
Target. Access to the survey areas will be using the existing drill roads.


Following the completion of the ground geophysical and geochemical surveys,
Aldrin will initiate a planned 4,000 m drill program with the goal of
discovering high-grade uranium mineralization within the halo first tested by
drill hole ALN14-008. The drill holes will test the strong conductive anomaly
associated with the axis of the Anticline Target over its 2.5 km strike length.
Precise positions of the drill holes will be determined from analysis of the
ground geophysical and geochemical surveys described above. Aldrin anticipates
that the drill program will start in September and extend until November, 2014.
Aldrin is very encouraged to resume drilling after completing some
high-resolution ground geophysical surveys, and believes we may be well on the
way to discovery at the Anticline Target. 


Harrison Cookenboo, Ph.D., P.Geo and Aldrin's Vice-President of Exploration and
Development remarked, "I am excited by the potential of our Anticline Target. I
believe we may already have intersected the halo to mineralization and that our
next drill program has great potential for discovering high-grade uranium
mineralization."


Dr. Cookenboo is a Qualified Person (QP) by the standards of National Instrument
43-101. He has reviewed the technical data described above and approves the
contents of this news release.


ON BEHALF OF THE BOARD

Johnathan More, CEO and Director

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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Aldrin Resource Corp.
Johnathan More
CEO and Director
(604) 687-7741
(604) 681-0796 (FAX)

Aldrin Resources Corp. (TSXV:ALN)
Historical Stock Chart
From Mar 2024 to Mar 2024 Click Here for more Aldrin Resources Corp. Charts.
Aldrin Resources Corp. (TSXV:ALN)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Aldrin Resources Corp. Charts.