Expedition Mining Inc.
TSX VENTURE : EXU

Expedition Mining Inc.
Aldrin Resource Corp.
TSX VENTURE : ALN

Aldrin Resource Corp.

August 25, 2010 09:15 ET

Expedition and Aldrin Complete Phase I Work Program on Yukon Brew Property

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 25, 2010) - Expedition Mining Inc. (TSX VENTURE:EXU) (the "Company") and Aldrin Resources Corp. (TSX VENTURE:ALN) are pleased to report exploration progress on its Brew project located in the Yukon Territory approximately 20 kilometres east of Kinross/Underworld's White Gold project. Expedition Mining is conducting exploration on the Brew property under a joint venture agreement with Aldrin Resource Corp. whereby Expedition can earn a 50% interest in the property.

In June, 2010 the Brew claim block was expanded by staking an additional 176 quartz claims to add to the original 168 claims staked in 2009 by Dawson prospector Shawn Ryan. The additional claims double the Brew property size to approximately 70 square kilometres or 17,250 acres. Shawn Ryan staked the original Underworld claims currently being explored by Kinross and also staked the nearby Coffee claim block being explored by Kaminak Gold Corporation. Preliminary soil sampling and reconnaissance prospecting indicate the Brew property contains geological and geochemical features similar to the White Gold and Coffee properties.

Expedition Mining recently contracted Groundtruth Exploration of Dawson to complete a soil sample survey on the Brew property. The recent sampling grid expands the original survey done by Ryanwood Exploration. This field season's soil program collected approximately 2,615 samples and preliminary assay results have increased the size of the gold in soils anomaly defined by the 2009 Ryanwood program (1360 soils). The completed survey indicates that there is a large gold in soil anomaly that coincides with arsenic, antimony and base metal elements located in three zones that appear to be related to a strong northwest-trending fault system that is likely associated with regional structures thought to control mineralization on other active prospects in the White Gold District. The Brew property gold in soil anomaly is now over two kilometres in length and surface metal values indicate a width of up to one kilometre. (See maps on website at www.expeditionmining.com.)

The company intends to complete additional soil sampling and a trenching and geological mapping program designed to focus on the gold, arsenic and antimony anomalies identified from this season's exploration activities. As assays are received, the trenching and geological mapping program will be expanded. Mr. Ron Atlas, President and Chairman said, "We are extremely lucky to have this opportunity. We are working with Shawn Ryan and his team, who are experienced in the Yukon, to help us bring this property to the drill-ready stage. Our proximity to the Kinross/Underworld's and Kaminak properties and our location in the White Gold District makes this one of the best opportunities we have ever had."

In the eastern grid area, the gold in soil zone is associated with anomalous molybdenum, mercury, arsenic, antimony and nickel (Ryan, 2009), in an area underlain by a complex zone of amphibolite (metavolcanic rocks), metasedimentary rocks, including marble lenses, and felsic orthogneiss. The complex geology may be suggestive of multiple northwest trending fault slices through this region, which is implied by the radarsat image (Ryan, 2009). The ground geophysical signature is not suggestive of skarn type mineralization due to the absence of magnetic high anomalies associated with the gold in soil anomalies. (J.Pautler, P. Geo. Brew Project Summary, 10/27/2009).

Circular topographic features on the Brew Project may reflect ring fractures associated with the doming effect of an underlying intrusion, possibly of Cretaceous age based on the presence of other Cretaceous intrusions in the area. (J.Pautler, P. Geo. Brew Project Summary, 10/27/2009). Mineralization at the Coffee property of Kaminak Gold Corporation has been found within the Cretaceous aged Coffee Creek pluton (Kaminak Gold website) and associated with possible similar aged felsic dykes (Dawson Rocks core shack, August 2010). 

The Brew Project has potential to host mineralization similar to that at the White Gold and Coffee properties based on similar geological setting and geology (including Devono-Mississippian felsic orthogneiss, metavolcanic and metasedimentary rocks, with suggestions of a buried probable Cretaceous aged intrusion), gold-molybdenum-mercury-arsenic-antimony-nickel soil geochemical signature, and presence of nearby placer creeks. (J.Pautler, P. Geo. Brew Project Summary, 10/27/2009).

Expedition Mining is enthused about the potential of the Brew property and this year's program will add to the understanding of the mineralization contained on the property.

Information with respect to the Brew property contained in this press release is approved by Bert W. Jeffries, PGeo, qualified person required under National Instrument 43-101.

Expedition Mining Inc. (TSX VENTURE:EXU) is a publicly held Canadian exploration company focused on acquiring, exploring and developing mineral properties located in favorable geo-political climates. The company is led by a highly skilled, experienced board and management team with significant successes in managing early stage mineral exploration companies.

CAUTION REGARDING FORWARD LOOKING STATEMENTS:

This news release contains "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "can", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Expedition Mining to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: risks related to the exploration and potential development of the Brew property, the actual results of current exploration activities, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, future prices of gold. Although Expedition Mining has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Expedition Mining does not undertake to update any forward-looking statements that are incorporated by reference herein, except in accordance with applicable securities laws.

ON BEHALF OF THE BOARD:

Ronald Atlas, President & Chairman of the Board

Expedition Mining Corp.

ON BEHALF OF THE BOARD:

Johnathan Moore, President

Aldrin Resource Corp.

Standard & Poor's Listed

Issued Share Capital: 47,284,068

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.

Contact Information