April 14, 2016—Aldever Resources Inc. (ALD—TSXV) (ALDVF—OTCQB) (17G1—Frankfurt) (“Aldever” or (the “Company”) is pleased to announce that it has staked an additional 1000 acres of mineral claims, more than doubling the size of its Lac Villebon Gold Project (“the Project”). With this acquisition, the project area has been increased to approximately 1855 acres in the Val-d’Or mining camp, Quebec. The new claims were acquired to cover an additional 5.5km of a southern splay of the Cadillac Tectonic Zone (“CTZ”), the structural feature to which all showings, deposits and mines in the region are related. The new claims were staked directly by the company, and in accordance with an “area of interest” provision, form part of the active option agreement by which the company acquired the Lac Villebon Project.
Regarding the acquisition, Clive Massey, President of Aldever commented: “The Company is very pleased to have acquired the new claims, which were acquired for the nominal costs of staking and without any additional financial requirements.”
About the Lac Villebon Project
The Lac Villebon Gold project covers an area of approximately 1855 hectares on the western shore of Lac Villebon and the Project’s mineral claims are contiguous with the southern border of Alexandria Minerals’ Cadillac Break Property Group. The Project is 31 kilometers southeast of the historic Sigma and Lamaque Mines which are currently controlled by Integra Gold Corp. and produced ~ 9.1M oz Au*. The Lac Villebon Gold Project is also ~18km southeast of Agnico Eagle Mines Limited’s Akasaba West Mine, which was acquired from Alexandria Minerals Corporation in 2014 and hosts an indicated gold resource* of approximately 200,000 oz Au. Other active companies in the immediate area include Glencore (GLNCY), 1.5km to the south, and Monarques Gold Corporation (MQR-V) and Cartier Resources Inc. (ECR-V) to the northeast. The project is easily accessible year-round by the Trans-Canada Highway and is a 40 minute drive from the city of Val-d’Or.
*These estimates of gold production and resources are sourced from publically available materials from other companies active in the Val’ d’Or Mining Camp and are not located on the Lac Villebon Property Aldever has not undertaken any independent investigation of the production/resource estimates nor has independently analyzed the publically available results.
The technical contents of this news release have been reviewed and approved by Abby Peterson, P. Geo. Ms. Peterson is registered in the Province of Québec and is a Qualified Person as defined by NI 43-101.
For further information, please contact:
Clive Massey, President
Aldever Resources Inc.
Phone: (604) 644-6794
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as, “forward‐looking statements”. Forward‐looking statements may be identified by words including “anticipates”, “believes”, “intends”, “estimates”, “expects” and similar expressions. The Company cautions readers that forward‐looking statements, including without limitation those relating to the Company’s future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward‐looking statements.