Aldrin Adds Infill Lines to Ongoing Airborne Geophysical Survey at Triple M Property Adjacent to Patterson Lake
June 12, 2013 — VANCOUVER, BRITISH COLUMBIA (Source: Marketwired) — Aldrin Resource Corp. (“Aldrin”) (TSX VENTURE:ALN) is pleased to announce the addition of infill lines to increase resolution of encouraging conductive anomalies from the ongoing airborne geophysical survey now being flown over the Triple M Property (“Property”). The infill lines will be flown between the already-flown 200 m spaced lines in the area of the anomalies, effectively increasing resolution over the anomalies to 100 m line spacing. The airborne survey is a VTEM magnetic and electromagnetic (EM) survey currently being flown by Aeroquest using a helicopter. Commencement of this survey was announced by Aldrin in a news release dated May 28, 2013.
The encouraging anomalies are interpreted as linear basement conductors over 3 km in length. The interpreted basement conductors are parallel to a magnetically defined fault, previously known from government geological mapping. The increased resolution provided by these infill lines will help locate drill collars for planned drilling in the early winter of 2014.
Aldrin’s Triple M Uranium Property is located adjacent to the recent high-grade uranium discovery by Fission Uranium Corp./Alpha Minerals Inc. in the Patterson Lake area, southwest Athabasca Basin region of northern Saskatchewan. The property consists of 6 claim blocks totalling 12,001 ha and is 9km south to 11km west of the Patterson Lake discovery.
Aldrin’s CEO Johnathan More states, “We are very excited by the encouraging magnetic and EM anomalies we have seen from our ongoing airborne geophysical survey. Our decision to fly infill lines while the helicopter is still on site is a sign of our commitment to locate drill targets on the Triple M Property as rapidly and economically as possible.”
Harrison Cookenboo, Ph.D., and P.Geo., 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 OF DIRECTORS
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Johnathan More, CEO and Director
Issued Share Capital: 40,600,000
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Raj Shah has professional experience working for over a half a dozen years at financial firms such as Merrill Lynch and First Allied Securities Inc., ... <Read more about Raj Shah>