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Aldrin Announces Uranium Laboratory Analytical Results on the Anticline Target

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 27, 2014) - Aldrin Resource Corp. ("Aldrin") (TSX VENTURE:ALN) -

Highlights:

  • The first drill hole (ALN14-008) into the Anticline Target returned multiple intervals of uranium (U) consistent with being in the halo of strong mineralization.

  • The strongest uranium mineralization intervals include 148.7 ppm U over 1.5 m and 144.8 ppm U over 2.0 m (see table below for details).

  • The second hole (ALN14-009) into the Anticline Target also returned U intervals consistent with being within a mineralization halo.

Aldrin Resource Corp. is pleased to announce laboratory analytical results for uranium mineralization from the first two drill holes testing the Anticline Target on the Triple M Uranium Property, which is adjacent to Fission Uranium Corp ("Fission")'s Patterson Lake discovery. The first drill hole into the Anticline Target (ALN14-008) intersected high-count radiation zones as measured by both the down-hole gamma logger, and handheld spectrometers, as detailed in Aldrin news releases dated May 29 and June 19, 2014. Analytical results from ALN14-008 and the second hole into the Anticline Target (ALN14-009) include strong uranium mineralization over significant intervals. The most significant enrichment zones are listed in Table 1.

Drill hole ALN14-008

ALN14-008 most strongly uranium mineralized zones are: a) 53.4 ppm U over 10.0 m between 178.0 and 188.0 m, including a higher value zone of 148.7 ppm U over 1.5 m between 182.5 and 184.0 m; b) 273 ppm U over 0.5 m between 235.0 and 235.5 m; and c) 97.4 ppm U over 3.5 m between 243.0 and 246.5 m, including a higher value zone of 144.8 ppm U over 2.0 m between 243.5 and 245.5 m. A total of 24.0 m of samples > 25 ppm U are listed in Table 1.

Drill hole ALN14-009

ALN14-009's most enriched uranium zone is 35.9 ppm U over 2.5 m between 248.5 m and 251.0 m, including a higher enrichment zone of 69.3 ppm U between 248.9 m and 249.9 m. A total of 4.7 m of sample > 25 ppm U from ALN14-009 are reported in Table 1. Uranium in ALN14-009 and ALN14-008 is consistent with both being in a halo of mineralization, with ALN14-008 likely being nearer to the source.

Table 1: Uranium analytical results from drill holes ALN14-008 and ALN14-009.

ALN14-008 - first drill hole testing the Anticline Target

SRC total digestion

Intervals:

From (m)

To (m)

U ppm

Interval (m)

178.0

188.0

53.4 ppm

10.0 m

Including:

182.5

184.0

148.7 ppm

1.5 m

235.0

235.5

273 ppm

0.5 m

243.0

246.5

97.4 ppm

3.5 m

Including:

243.5

245.5

144.8 ppm

2.0 m

257.0

261.0

34.3 ppm

4.0 m

268.5

270.0

38.3 ppm

1.5 m

287.5

292.0

26.3 ppm

4.5 m

ALN14-009 - second drill hole testing the Anticline Target

SRC total digestion ICP

Intervals:

From (m)

To (m)

U ppm

Interval (m)

218.2

220.5

21.1 ppm

2.3 m

239.0

240.1

64.3 ppm

1.1 m

248.5

251.0

35.9 ppm

2.5 m

Including:

248.9

249.9

69.3 ppm

1.0 m

254.1

255.2

27.8 ppm

1.1 m

289.0

291.6

14.2 ppm

2.6 m

Background in the meta-sedimentary rocks in the target area is 2 ppm U or less.