Company Information for Aldershot Resources Ltd
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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 Quebec, 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
Quebec Uranium Properties [QUEBEC]
Within Quebec Canada, Aldershot currently has four project areas either in its own right or through Agreements.
Fort Coulonge
The Fort Coulonge Project is defined by claims covering 15,600 Ha (314 cells) either in Aldershot’s name or as an option Agreement. The claims cover units of the Grenville Province. Uranium mineralisation is recorded in a variety of situations, including seams in gneiss, disseminations in granite and pegmatite, and in marble and calc-silicates. Uranium was discovered in the area in 1953 and explored sporadically until the mid 1980s.The mineralisation style is similar to the Bancroft area of Ontario where uranium was mined until 1982. Historical assay results from the claim area returned upto 0.78% U3O8 and 14% ThO2.
Kert
The Kert Project is approximately 38kms east of the Fort Coulonge project in southern Quebec and is defined by 20 claims covering 1,182 Ha. The claims were purchased by Aldershot in October 2006. The claims cover similar geology to the Fort Coulonge Project and contain the Kert and Shawville showings. A 173kn concentrate from the Kert (pegmatite) showing returned 89.5% Mo and 0.29% Cu with upto 10.5% U3O8 and 1.45% ThO2. Historical assays from the Shawville showing, also defined by a pegmatite returned assays of upto 0.91%uranium.
British Columbia [CANADA]
- Five projects covering 340 square kilometres
- Kelowna Beaverdell claims surround the Hydraulic and Hayes Lake uranium deposits, host similar style of uranium mineralisation and cover similar geology.
- Okanagan West & Oliver areas highly prospective for additional surficial style.
- Okanagan West & Oliver areas untested for this style of mineralisation as uranium moratorium commenced 1 year after discovery
- Rexspar claims cover the Rexspar depositswhich are reported to contain 1.1 Mt @ 0.066% U3O8 (Minfiel 82M021) but status of underlying claims still to be resolved.
- Pegmatite hosted uranium potential in Grand Forks area.
- Atlin area untested previously but regional sampling and image processing identified prospective zones
Yuinmery Uranium Project [WESTERN AUSTRALIA]
- 100km2 Licence held 100% by Aldershot
- Historical resource of 1.5Mt @ 379 ppm U3O8
- All the historical data has been compiled
- Airborne radiometric-magnetic survey completed and three anomalous areas zones identified.
- Drill ready targets awaiting favourable weather conditions in March 2007
Turee Creek Uranium Project [WESTERN AUSTRALIA]
- 100km2 Licence owned 100% by Aldershot
- Historical resource of 1.05 Mt @ 350 ppm U3O8 (approximately 810,000 lbs contained U3O8)
- Similarities to Athabasca Basin uranium deposits
- Airborne radiometric-magnetic survey scheduled for February 2007
Northern Territory Uranium Project [NORTHERN TERRITORY, AUSTRALIA] George Creek Uranium Project
- Licence covers 84km2 in the Pine Creek Orogen, 30km south of the historic Rum Jungle Uranium Field.
- Two small historical uranium mines on EL24550.
- No significant exploration since the 1980s.
- Historical resource of 6350 t ore @ 0.32% U3O8 at the Adelaide River Mine.
- Fault hosted vein type uranium mineralisation.
- Recent sampling returned upto 0.1309% U3O8 and 2.72 g/t gold from the Adelaide River Mine area and 0.1274% U3O8 from the George Creek Prospect.
- Airborne survey completed in November 2006.
- Significant gold intersection recorded (5.94 g/t Au from 93.4 – 93.6m) at Possum Prospect.
Mt Thomas Project
- Exploration Licence EL24557 granted on 17 December 2005 covers 67km² on the western edge of the Pine Creek Orogen.
- Contains the Mt Thomas Prospect which is 76km S of Rum Jungle Uranium Field on the Giant’s Reef Fault system.
- 1.2m @ 2.49% eU intersected in 1991 drilling by Total Mining.
Ngalia Project
- Highly prospective , unexplored area within 40km of 1.8 Mt uranium resource.
- Airborne radiometric survey due for completion in December 2006.
- Zones of uranium enrichment evident on existing broad spaced airborne surveys
Kariba Project [ZAMBIA]
- Located 170 km south of Lusaka on the north shore of Lake Kariba
- Prospecting Licence PL LS310 covers over ~1061 km2
- Underlain by highly prospective Grit Marker Horizon of the Karoo Supergroup
- Potential for sandstone hosted uranium mineralisation
- Potential for uranium in fractures and fault zones
- Potential for detrital uranium style deposits
- Last explored in early 1980s
- Over 8 Mt of uranium resources reported recently to the north
Hornitos Project [NORTHERN CHILE]Aldershot may earn a 65% interest in the Hornitos claims by paying PBX a total of $370,000 over four years and engaging in an exploration work program totaling $1,300,000 over the same period. During the first year Aldershot is required to pay PBX $36,000 of which $16,000 has been paid, and engage in $260,000 worth of exploration.
Geographical Spread
Quebec, Australia and Zambia
Board of Directors and Key Management
| Jeremy Caddy | President, Chief Executive Officer, Director
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| Frank DeMarte | Chief Financial Officer, Corporate Secretary, Director
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| Brian Richardson | Director
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| Ian Adam | Independent Director
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| Michael G Clements | Independent Director |
Company Address
Suite 900,
555 Burrard St. Vancouver, V7X 1M8
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| Additional Address/Key Contact
Australian Office Level 3 IBM Building 1060 Hay Street West Perth WA 6005 Australia PO Box 7363 Cloisters Square Perth WA 6850 Tel: + 61 8 9321 9680 Fax: + 61 8 321 9670 |
CapitalIssued Capital - 28 million shares |
Annual General MeetingJuly | | Year EndJanuary 31 |
Related News
31/01/08 -
Aldershot Resources: Multi-Property, Uranium Company Seeks Mate(s)06/06/07 -
Aldershot Resources Set To Catch Up With Its Peers In The Uranium Sector
Most Recent Statement
13/08/08 -
Cameco to Farm In on Turee Creek Uranium Project10/07/08 -
Convertible Debenture Financing07/07/08 -
Management's Discussion & Analysis For Period Ending 30 Apr 0828/05/08 -
ALZ to Sign EL Agreement for ABC Uranium Project, Northern Territory05/05/08 -
Audited Annual Financial Statements01/05/08 -
Management's Discussion & Analysis