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Aldridge Minerals making progress with land access at Yenipazar

Published: 09:45 27 Jan 2017 EST

picture of drill cores
Lots of different metals at Yenipazar

Aldridge Minerals Inc (CVE:AGM) has now increased it right to access at the Yenipazar poly-metallic project area in Turkey to 91.1%.

The Canada-listed group added that it expects the whole land process to be completed this year, subject to funding, through a combination of voluntary transactions and state-led purchase orders.

Aldridge added it had also retained Scotia Capital as its financial adviser to evaluate financing and strategic options.

"The appointment of Scotia Capital adds to our experienced board of directors and management team and allows us to review and assess a wide range of options as we advance the Yenipazar land acquisition process towards completion and the Yenipazar project towards development," said Han Ilhan, Aldridge's chief executive.

The Yenipazar polymetallic VMS (volcanogenic massive sulphide) contains gold, silver, copper, lead and zinc.

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