Aldershot Resources Ltd.

Aldershot Resources Ltd.

June 29, 2005 09:00 ET

Aldershot Acquires Uranium Claims in British Columbia

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - June 29, 2005) - Jeremy Caddy, President of Aldershot Resources Ltd. (the "Company") (TSX VENTURE:ALZ) is pleased to report that the Company has entered into a purchase and sale agreement pursuant to the terms of which the Company has agreed, subject to TSX Venture Exchange approval, to purchase a 100% interest in five groups of mineral claims located in the Province of British Columbia.

The Company is purchasing the claims in consideration of 1,000,000 shares in its capital and $50,000 to be paid at closing. A 2% net smelter return royalty is also payable with advance royalties of $10,000 per property group is payable annually on the anniversary date of the acquisition date so long as the Company retains an interest in the property.

Five (5) prospective uranium properties in different areas of British Columbia cover 115 claim blocks totalling approximately 34,000 hectares. The salient parameters of these blocks are outlined in the following table:

Claim Number Number Area Deposit
Areas Tenures Cells (Hectares) Type
Kelowna - Beaverdell 69 932 19,457 Basal

Grand Forks 13 195 4,124 Pegmatite

Clearwater Rexspar 3 58 1,165 Volcanogenic

Okanagan West 12 193 4,041 Surficial

Atlin 18 313 5,116 Vein/Surficial


Total 115 1,691 33,903

Exploration was undertaken on these properties varying in activity from preliminary reconnaissance to detailed surface and metallurgical testing programs prior to the Uranium Exploration Moratorium implemented by the B.C. provincial government in 1980. Long expired uranium exploration is governed by the provincial Health Safety and Reclamation Code enacted in 2003.

Aldershot is reviewing the historical work and geological data on each property before structuring field programs and budgets conducive to their individual requirements. Property examination programs should commence later this summer.

Further to the Company's News Release dated May 25, 2005, concerning its acquisition of 59 claims in Southwestern Quebec, management reports that it has substantially increased the Company's land position. Moreover, Aldershot is soliciting bids from contractors for a comprehensive combined airborne radiometric and magnetic survey to be carried out over the whole property which now comprises 180 claims and is planned to be carried out early this summer.


Jeremy Caddy, President and CEO

This release has been prepared by management and no regulatory authority has approved or disapproved the information contained herein.

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