Aldershot Resources Ltd.

Aldershot Resources Ltd.

January 10, 2008 09:30 ET

Aldershot Resources Ltd.: Significant Uranium Showings on Zambian Projects

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 10, 2008) - Aldershot Resources Ltd. ("Aldershot" and the "Company") (TSX VENTURE:ALZ) is pleased to provide Mr. Ian Faris', VP Exploration and a Qualified Person, latest overview on the Company's Kariba Uranium Project where data compilation, reconnaissance mapping and footborne radiometric surveys have been completed and assay results have been recently received.

Twenty rock samples were submitted for assay to ALS Chemex, Johannesburg for analysis by ICP-MS after an aqua regia digest. The results were received at the end of December 2007. Of the 20 samples submitted, 13 returned values greater than 200 ppm U3O8 with 3 greater than 1000 ppm U3O8. The 3 samples with greater than 1000 ppm U3O8 are from areas near Sinazongwe (Zeze and Makonkoto areas) and confirm Aldershot's belief that the entire Escarpment Grit Unit is prospective.

The Kariba Uranium Project is located on the northwestern side of Lake Kariba in southern Zambia, 160 kilometres south of Lusaka.

Aldershot's Kariba Project (100% owned) is defined by a prospecting licence PLLS310 which covers an area of approximately 780 square km and is part of the northern margin of the Zambesi Rift System and the prospective Karoo age sediments. Over 70 km of the Escarpment Grit Unit of the Karoo is exposed in the licence area.

The Escarpment Grit Unit hosts Denison/OmegaCorp's Dibwe, Mutanga and Bungua Deposits approximately 15 km to the north, which together contain a JORC compliant Inferred Resource of 13.7 million pounds of U3O8 (Denison, December 5, 2006). Recent drilling at African Energy's Chisebuka Prospect located 6 km to the west has also confirmed the presence of near-surface sandstone-type mineralization that may be amenable to open pit extraction (African Energy, December 14, 2007).

Following the grant of PLLS310 in December 2006, all available historical data was compiled, a Level 1 Risk Assessment for landmines was completed, the prospecting licence boundary was surveyed and an Environmental Project Brief was submitted to the Environmental Council. This work was in preparation for ground follow-up of radiometric anomalies detected by the airborne survey planned for mid-2007. The historical data compilation identified six areas worthy of ground checking and foot-borne radiometric surveys were conducted over these areas.

The six areas identified were covered by widely spaced (400m x 50m) radiometric foot-borne surveys, supported by geological observations and rock chip sampling. The follow-up of anomalies detected returned up to 849 counts per second (RadEye PRD scintillometer) compared to a background of approximately 30 cps. Twenty rock samples were submitted for assay and the results were received at the end of December 2007. The following is a summary of the sampling results:

------------------------------- -------------------------------
U U3O8 U3O8 U U3O8 U3O8
SAMPLE ppm ppm lbs/ton SAMPLE ppm ppm lbs/ton
------------------------------- -------------------------------
V1802 51 60.1 0.1 V1908 312 367.9 0.7
V1803 14.95 17.6 0.0 V1909 258 304.3 0.6
V1804 10.3 12.1 0.0 V1910 72.2 85.1 0.2
V1805 4.74 5.6 0.0 V1911 1460 1721.7 3.4
V1901 639 753.6 1.5 V1912 381 449.3 0.9
V1903 823 970.5 1.9 V1913 1335 1574.3 3.1
V1904 169.5 199.9 0.4 V1914 247 291.3 0.6
V1905 130.5 153.9 0.3 V1915 297 350.2 0.7
V1906 337 397.4 0.8 V1916 160.5 189.3 0.4
V1907 1355 1597.9 3.2 V1917 342 403.3 0.8
------------------------------- -------------------------------

As earlier indicated, of the 20 samples submitted, 13 returned values greater than 200 ppm U3O8 with 3 greater than 1,000 ppm U3O8. Aldershot has an application pending for a new Prospecting Licence (Sinazongwe) covering 250 square km that is adjacent to the southern edge of its Kariba Licence.

Ongoing delays to the commencement date of the airborne survey eventually caused its postponement until after the rainy season. It is now expected to be flown in about April/May 2008 and follow-up of anomalies detected will commence once the results are available.

About Aldershot Resources Ltd.

Aldershot Resources Ltd. is a junior uranium exploration company focused on projects in Australia, Canada, Zambia and Chile. The Company's most advanced projects are located in Australia where Aldershot is actively drilling to confirm and expand historical resource estimates. The Company is aggressively pursuing corporate growth through drilling and sampling on all of its properties as well as through acquisition opportunities. Aldershot is committed to become a dominant junior uranium exploration and production company.



Jeremy Caddy, President and Director

This release has been prepared by management and no regulatory authority has approved or disapproved the information contained herein. Information in this report, insofar as it relates to resources' estimation and exploration activities, is based on information compiled by Ian Faris who is the Company's senior uranium geologist and who has more than ten years experience in the field of the activity being reported on. This report accurately reflects the information compiled by this Professional Engineer.

Should you wish to receive Company news via email, please email and specify "Aldershot News" in the subject line.

Aldershot Resources, based in Vancouver, Canada, is a uranium exploration company currently with projects in Northern Territory, Western Australia, Quebec and Zambia. Shares of the Company are listed for trading on the TSX Venture Exchange and there are 64,883,308 shares outstanding.

Cautionary Language and Forward Looking Statements

This press release may contain "forward-looking statements", which are subject to various risks and uncertainties that could cause actual results and future events to differ materially from those expressed or implied by such statements. Investors are cautioned that such statements are not guarantees of future performance and results. Risks and uncertainties about the Company's business are more fully discussed in the Company's disclosure documents filed from time to time with the Canadian securities authorities.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this News Release.

Contact Information