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Company Information for Aldershot Resources Ltd

TSX.V-ALZ

www.aldershotresources.com

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TSX.V; ALZ

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Company Statement

Aldershot Resources Ltd (Trading symbol “ALZ” on the TSX Venture Exchange) is a Canadian based company focused in uranium exploration with Projects in Australia and Zambia and an active global Project generation program.

Aldershot has an experienced Board and Senior management team with over 20 years Uranium exploration experience primarily in Australia.

Current Operations

Canada
•British Columbia
Aldershot entered into an option agreement dated June 28, 2005 to acquire a 100% interest in five groups of mineral claims located in the province of British Columbia in Canada. The five prospective uranium properties cover 115 claim blocks totaling approximately 34,000 hectares.

During 2007 Aldershot conducted exploration at its Atlin East, Grand Forks and Kelowna-Beaverdell Project areas and the Company decided not to pursue its interest in the Atlin, Grand Forks and Okanagan/Oliver properties.

On 24 April 2008, the British Columbia Minister of State for Mining Kevin Krueger announced a ban on uranium exploration and mining in the province and that the Government of British Colombia was establishing a "no registration reserve" under the Mineral Tenure Act for uranium and thorium. The reserve is aimed at ensuring any future claims do not include the rights to uranium.

The effect of the BC Government's moratorium on uranium exploration and development is a significant disappointment to the Company and was completed without due process or any consultation. As a result of this action by the government, management has decided to withdraw from uranium exploration in British Colombia and is currently returning the properties to the vendor.

•Quebec Uranium Properties
Aldershot entered into option agreements during 2006 and 2007 to acquire an interest in groups of mineral claims located in the province of Quebec in Canada.

During 2008 it become clear that the Company would not be able to raise sufficient funding to continue with its plans for exploring its claims in the province of Quebec.

Consequently management has devoted considerable time to negotiating with the optionees for the respective claims to be returned to them in a cash neutral manner for the Company. The Company, therefore, has returned all the claims over which it held title in some fashion in the province of Quebec back to the original owners (the optionees).

Australia
•Northern Territory Uranium Projects
Within the Northern Territory, Aldershot is involved in 6 projects. The projects are divided between the Pine Creek Orogen in northern Australia (George, Waterhouse West, ABC, Mt Thomas) host to the Alligator Rivers and Rum Jungle Deposits, and the Ngalia Basin in central Australia (Ngalia, Mt Wedge), host to the Bigrlyi Sandstone Deposit. The ABC (EL24555) and Mt Wedge (EL24561) project areas are in the application stage.

Four of the projects Aldershot owns 100%. The Mt Thomas property (EL24557) was sold in February 2008 but Aldershot is entitled to a 2% NSR through an accompanying Royalty Deed. The Mt Wedge (EL24561) project was swapped for exploration licences surrounding the Yuinmery project but Aldershot retains a royalty entitlement of $1.00 per tonne of ore mined to a maximum of $500,000 each.

•Waterhouse West Uranium Project

Located in Rum Jungle Uranium Field
1.5 km west of the historic Rum Jungle Creek South uranium mine where 663,500t of ore grading 0.43% U3O8 was produced.
7 km south of the Embayment area that contains the historic Dysons, Whites, and Intermediate deposits where over 500,000t of ore was produced and where the Brown’s Oxide project (Cu-Pb-Co-Ni-Ag) is currently being commissioned.
Located 20km NW of Aldershot’s George Project where drilling by Aldershot in 2007 intersected 7.1m of 0.35% U (0.41% U3O8) from hole ARDDH002 with 7.1m of 0.44% cobalt, 0.44% copper, 0.24% nickel and 0.05% lead.
Target is vein and unconformity type deposits.

The Waterhouse West Project, defined by Exploration Licence EL24563 is located about 80 km south of Darwin in the Northern Territory of Western Australia. It covers 147 km2 and is currently owned 100% by Aldershot.

The Waterhouse project area overlies the Archaean Waterhouse Dome which is made up of poorly exposed schist, gneiss, and granitic units plus metasediments and banded iron formations (BIF). The Waterhouse Dome is overlain by fluvial and shallow water marine lithologies (Manton Group) overlain by carbonaceous units (Mount Partridge Groups), which in turn are overlain by deeper water sediments (South Alligator Group). The historic uranium mines in the Rum Jungle Uranium Field are predominantly within the Mount Partridge Group, particularly where contacts between carbonate and pyritic/carbonaceous units are associated with fault zones.

Aldershot’s Licence contains about 9 km of favorable contacts.

Past exploration in the project area, particularly during the 1970s and 1980s, delineated a 6 km long anomalous zone within EL24571, including the Riverside Prospect. The zone is defined by anomalous radon and scintillometer readings plus RAB drilling (up to 150 ppm U3O8) and roughly coincides with the carbonate units (Coomalie Dolostone). The southeastern extension of this zone contains the Kylie Prospect (5 km SE) where historical drilling intersected up to 5.7m @ 0.39% eU3O8.

•George Creek Project

EL24550 (100% Aldershot) covers 84km2 in the Pine Creek Orogen, 30km south of the historic Rum Jungle Uranium Field.
Contains two small historical uranium mines, Adelaide River and George Creek.
No significant exploration since the 1980s.
Historical vein type resource of 6,350 t ore @ 0.32% U3O8 at the Adelaide River Mine.
Airborne survey completed in November 2006.
Drilling in 2007 at the Adelaide River Mine (ARDDH002) intersected 0.35% (6.91 lbs U) over 7.1 m (23.29 ft) with anomnalous cobalt, copper, nickel and lead.
Upto 4.02% U3O8 from surface grab samples.
New mineralised trend identified at Adelaide River.
Ground radiometric surveys completed during 2008.

The George Creek Project is located 95km south of Darwin in the Northern Territory immediately southwest of the town of Adelaide River. The project is made up by a single exploration licence EL24550 granted on 7 December 2005 and covering 84 km2.

The property covers the historical Adelaide River and George Creek Prospects. These prospects are vein-type uranium deposits that were mine for a short period in the late 1950s. The property in within the Pine Creek Orogen host to the Rum Jungle, South Alligator and East Alligator uranium fields. The historical Rum Jungle Uranium Field is 30km to the north.

•ABC Uranium Project

Project area covers 37km2 in the Pine Creek Orogen, 3 km northeast of Katherine.
Defined by Exploration Licence EL24555, owned 100% by Aldershot.
ABC prospect discovered by Australian government geologists (BMR) in 1953.
Historic resource of 1,950t @ 0.25% eU3O8, cutoff of 750ppm eU3O8 (Stewart, 1966).
Grades of up to 4.29% eU3O8 reported.
Shallow mineralization from surface to 5m with most historical drilling to 15m.
Visible secondary uranium mineralization (phosphuranylite, autunite and torbenite).
Limited exploration since 1950s.
Draft Exploration Agreement received from Northern Land Council representing traditional aboriginal owners (Jawoyn people).

The ABC Project is located on the southern limit of the Pine Creek Orogen, 3km NE of Katherine in the Northern Territory, Australia. It is covered by Exploration Licence, EL24555 which is owned 100% by Aldershot and covers 37km2.

The uranium mineralization was discovered by Australian government geologists (BMR) in 1953. There has only been minimal exploration on the prospect since its initial discovery.

The ABC Prospect is described being about 17m long and 3m thick and uranium mineralization occurs as disseminations and fine films between layers in the acid volcanics (phosphuranylite, autunite) and within the basaltic units, either as cavity infilling or fracture coatings (autunite, torbenite). Two additional occurrences were recorded, 18m and 33m to the northeast but no further information is available. A 1953 diamond-drilling program intersected up to 4.3% eU3O8 (based on downhole radiometric logs). Drilling was generally restricted to 15m depth with only three deeper (70m) stratigraphic holes.

•Mt Thomas & Mt Wedge
Mt Thomas Project
Aldershot has entered into a purchase and sale agreement with a subsidiary of Crossland Uranium Mines Limited (ASX:CUX) to sell its interest in the Mount Thomas property (EL24557) in the Northern Territory of Australia. Aldershot is entitled to a 2% NSR through an accompanying Royalty Deed.

Mt Wedge Project
Aldershot entered into a Tenement Swap Agreement with Thundelarra Exploration Ltd. (Australia Stock Exchange: THX). The terms of the “swap” were THX would exchange its five tenements located around the Company’s Yuinmery uranium property in the Murchison region of Western Australia for the Company’s Mt Wedge tenement located in the Ngalia Basin region of the Northern Territory. The “swap” is for consideration of $1.00 along with a royalty to be paid by each party to the other of $1.00 per tonne of ore mined to a maximum of $500,000 each.

As the Mt Wedge Licence (EL24561) is still an application it cannot be transferred. Once the Licence is granted it will be transferred to Thundelarra.

Ngalia Uranium Project
211km2 property (EL24571) on the western Ngalia Basin, ~400km NW of Alice Springs owned 100% by Aldershot.
Sandstone type uranium target in highly prospective, unexplored area.
Only 40km along strike from Bigryli uranium resource (23.4 M lbs U3O8 & 43.7M lbs of V2O5).
28 km of prospective horizon.
Very little historical exploration.
Airborne radiometric-magnetic survey completed and targets identified.
Currently awaiting access clearances.

The Ngalia Project, defined by Exploration Licence EL24571 is located about 400km NW of Alice Springs in the Northern Territory of Australia. It covers 211 km2 and is owned 100% by Aldershot.

The target is classical sandstone-type uranium deposits within the lower units of the prospective Carboniferous Mt Eclipse Sandstone. The Mt Eclipse Sandstone contains all of the known uranium deposits within the Ngalia Basin, including the Bigrlyi uranium deposit that lies 40km to the northeast (resource of 4.01 Mt @ 0.1993% U₃0₈ at a 1000 ppm cutoff). The known deposits are “sandstone type deposits” with the uranium released by erosion of “hot” granites to the north, transported in oxidised fluids and precipitated in the sandstone by carbonaceous material and pyrite.

•Turee Creek Uranium Project

100km2 Licence owned 100% by Aldershot
Agreement signed with Cameco Australia Limited in July 2008
Historical resource of 1.05 Mt @ 350 ppm U3O8 (approximately 810,000 lbs contained U₃0₈)
Similarities to Athabasca Basin/unconformity model
Airborne radiometric-magnetic survey completed in March 2007 and 21 uranium anomalies ground checked.
Assays of up to 4209 ppm U₃0₈.
Orientation ground IP survey undertaken in 2007.
Results received for airborne EM (Tempest) survey completed in March 2008.
The Turee Creek Project, defined by Exploration Licence E52/1763 is located about 100 km west of Newman Township in the Pilbara Region of Western Australia. It covers 100 km2 and is currently owned 100% by Aldershot.

Cameco Australia Ltd has recently signed an Agreement whereby Cameco will reimburse a portion of Aldershot’s exploration costs of approximately $205,337, undertake a minimum of 1,000m of drilling within 12 months and spend $2,500,000 within 4 years to earn a 70% joint venture interest in the property.

Aldershot is focussing on an unconformity type model, similar to the Athabasca Basin and East Alligator River models. The historical drilling has not tested the unconformity and mineralisation at the nearby Angelo River prospect is controlled by graphitic lithologies and has many similarities to the Athabasca Basin deposits including associated altered sandstones containing uranium mineralisation within a bleached envelope (Pancontinental Mining A11692, p33). Earlier reconnaissance by Aldershot also recognised an enveloping clay alteration. Although this model has been considered, it has never been tested by previous explorers.

•Yuinmery Uranium Project

100km2 Licence held 100% by Aldershot
Shallow (1-3m) historical resource of 1.5Mt @ 379 ppm U₃0₈
Airborne radiometric-magnetic survey completed and three anomalous zones identified.
Drill testing completed along one third of a 5.5 km zone
Assays returned upto 1509 ppm U₃0₈
Average grade of 356 ppm U₃0₈U₃0₈for intersections above 200 ppm U3O8.
The Yuinmery uranium project, defined by Exploration Licence E57/593 is located 480km northeast of Perth within the Yilgarn Province of Western Australia. The Licence, granted on 14 October 2005, covers 100km2 and is owned 100% by Aldershot.

The primary target is surficial (calcrete type) uranium deposits. An historical resource of 1.577Mt @ 379 ppm U3O8 (Styles, 1998) has been reported. Previous drilling has intersected uranium mineralisation at two levels, in brown sandy clay (0-1m) and at the base of a calcrete unit (2-3m). The best historical drill intercept was in GHY9 with 1592 ppm U3O8 from 1.5-3m.

Africa
•Kariba Project

Located 170 km south of Lusaka on the north shore of Lake Kariba
Consists of 2 Prospecting Licences PL LS310 covering over ~825 km2 and LPL/32/07 (Sinazongwe) covering ~250km2
Underlain by highly prospective Grit Marker Horizon of the Karoo Supergroup
Rock chip sampling by Aldershot in 2007 returned 1460 ppm U (Makonkoto Prospect) and 1355 ppm U (Zeze Prospect) Over 10 Mt (23M lbs) of uranium resources reported to the north.
Upto 0.89% (18 pounds) U3O8 recorded from historic drilling in the Sinazongwe application area.•Uraninite and coffinite identified in Sinazongwe area.

Aldershot’s Zambian project is defined by two Prospecting Licences in the Southern Province of Zambia. Both are on the northern shore of Lake Kariba (Kariba & Sinazongwe PLs). The Kariba Prospecting Licence (PL LS310) covers ~825 km2 and the Sinazongwe Prospecting Licence (LPL/32/07) covers ~250 km2.

Aldershot is currently using a very experienced Zambian based consultancy group to conduct its exploration.

Geographical Spread

Australia and Zambia

Board of Directors and Key Management

Jeremy Caddy	President, Chief Executive Officer, Director
Frank DeMarte	Chief Financial Officer, Corporate Secretary, Director
Ian Adam	Independent Director
Philip G Crabb	Independent Director
Ian Faris	Global Uranium Exploration Manager

Company Address

Suite 209, Old Stock Exchange Building, 475 Howe Street
Vancouver, British Columbia, Canada V6C 2B3


Telephone:	+1 604-682-6718
Facsimile:	+1 604-682-6722
Email:	info[at]aldershotresources.com
Website:	http://www.aldershotresources.com

Additional Address/Key Contact

AUSTRALIAN ADDRESS
Level 3, IBM Building
1060 Hay Street
West Perth WA 6005
Australia

Tel: +61 8 9321 9680
Fax: +61 8 9321 9670

Shareholder Capital

65,083,308 common shares are issued and outstanding

Annual General Meeting

October - Vancouver, Canada

Year End

January 31

Most Recent Statement

31/03/10 - Aldershot to Drill at Martin's Well Project
22/03/10 - Private Placement - Non Brokered
05/03/10 - Letter Agreement over Martins Well (Fe-Cu-Au-U)
29/01/10 - Financing
28/01/10 - Financing
30/10/09 - Aldershot Drills 5 m of 1,129ppm U3O8 at Adelaide

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