aldershot resources uranium vanadium mining property
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8/3/2019 Aldershot Resources Uranium Vanadium Mining Property
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Suite 1500
885 West Georgia St.Vancouver, B.C.
Canada V6C 2B3
Tel: 1 604 682 6718
Fax: 1 604 682 6722
October 3, 2011 TSX.V SYMBOL: ALZ
NEWS RELEASE
Aldershot announces expansion of its land position at the Wray Mesa Uranium Exploration Project
Highlights
An additional 28 mining claims totaling 578.5 acres (234.1 hectares) were added to the Wray Mesa
Project.
The new claims are expected to completely encompass the high grade uranium/vanadium deposit
associated with the historic Geo #1 Mine
Eight drill holes in the current drilling program have been completed to date and continues to
provide encouraging results
Project located within 34 road miles (55 km) ofEFRs proposed Pion Ridge Mill site
Aldershot Resources Ltd. (Aldershot or the "Company"), is pleased to announce that Royal USA Inc, a wholly
owned subsidiary of Aldershot, has staked additional mining claims around its holdings over the Geo #1 mine in
Lynx-Royal JVs Wray Mesa Project area near Paradox, CO. The mining claims are located in the La Sal Mining
District of western Colorado near the Utah border. Dennisons operating Pandora Mine is located to the west.
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Mining Claim Selection
The mining claim targets were selected due to their proximity to the historic Geo #1 Mine which was in operation
until the mid-late 1980s when it was shut down due to depressed uranium pricing. The mine, purportedly, was an
excellent producer of high grade uranium and vanadium.
The Lynx-Royal JV has been closely monitoring the land position of this area and when it was determined that the
previous claimants let their claims drop, Lynx-Royal quickly staked the new mining claims.
Although there is very little physical data, field investigations, previous drilling results coupled with the data from
an old map, and comments from the previous operators make this a very strong target. The current round of drilling,
announced September 20, 2011, is progressing well and continues to provide encouraging results. Eight drill holes
have been completed to date with several showing significant mineralization. A full report will be provided upon
completion of drilling.
The Geo #1 Mine is located approximately 34 road miles (54 km) from Energy Fuels Resources (EFR) proposed
Pion Ridge Mill site. Royal USA is in two strategic joint ventures with EFR.
This press release has been reviewed and approved by Michael G. Leidich, P.E., a qualified person as defined in NI
43-101.
About Royal USA Inc.
Aldershots wholly owned US subsidiary, Royal USA Inc. is a mineral exploration and development company focused onmineral resources in the western United States of America. The Lynx-Royal Joint Venture is managed and operated by RoyalUSA which maintains a 90% interest in the JV. Lynx E&M LLC, a private company, is the minority partner.
Michael Leidich, P.E., VP Royal USA Inc. said, Lynx-Royal has created a very strong land position surrounding the Geo #1 Mine. As the drilling and field investigations continue, we continue to believe that this area will be a strong uranium and
vanadium producer in the near future.
Michael G. Leidich, Vice President813 14th St., Ste A, Golden, CO 80401Telephone: 303 955-5820 Fax: [email protected]
Visit Royal USAs Web-site:www.royalusainc.com
About Aldershot Resources Ltd.
Aldershot Resources, based in Vancouver, Canada, is a uranium exploration company. Following the recent closing of this
fundamental acquisition transaction the depth and energy of Royal USAs uranium exploration operations in the United States of
America will be added to the Companys portfolio of uranium properties in Australia and Zambia. Royal USA has a very activeexploration program utilizing advanced geophysical methods to be followed by extensive drilling campaigns. Shares of the
Company are listed for trading on the TSX Venture Exchange and there are 156,492,975 shares outstanding.
FOR AND ON BEHALF OF THE BOARD
ALDERSHOT RESOURCES LTD
signed: Jeremy Caddy
Jeremy Caddy
President and Director
Telephone: 604 682-6718
Fax: 604-682-6722
Visit Aldershot Resources Web-site:www.aldershotresources.com
Neither 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." This release has been prepared by management and no regulatory authority has approved or disapproved the information
contained herein. Information in this report, insofar as it relates to resources estimation and exploration activities, is base d on information compiled by Michael
Leidich, P.E., who is VP Royal USA Inc. and who has more than ten years experience in the field of the activity being reported on. This report accurately reflects the
information compiled by this Professional Engineer.