Aldershot Resources Ltd.
TSX VENTURE : ALZ

Aldershot Resources Ltd.

September 12, 2007 09:30 ET

Aldershot Resources Ltd.: Property Option Agreement

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 12, 2007) - Aldershot Resources Ltd. (TSX VENTURE:ALZ) - Jeremy Caddy, President of Aldershot Resources Ltd. ("Aldershot" or the "Company"), is pleased to report that the Company entered into an option agreement with International PBX Ventures Ltd. (TSX VENTURE:PBX) ("PBX") under the terms of which Aldershot has the right to earn an undivided 80% interest in the Hornitos and Palo Negro Group of Claims (the "Claims") by issuing to PBX 1,000,000 common shares in the capital of the Company upon the agreement being approved by the regulatory authorities and expending $3,000,000 over a period of four years. The Claims, comprising a total of 35 claims covering an area of 9,700 ha, are located in the Copiapo Mining District of Region III, Northern Chile.

Aldershot is principally a uranium explorer, but for a number of years has carried exploration rights to the Hornitos claims, which have potential for mineralization of the "iron oxide Cu-Au" (IOCG) type, on its books. Management, ever eager to maximize shareholder value, is currently engaged in discussions with third parties, exploring ways that this might best be done.

Management has now negotiated with PBX to add claims adjacent to the Hornitos ground that significantly expand the size and potential of the project. The enlarged property is much more interesting than the Hornitos claims alone were, as it includes ground astride the main strands of the Atacama Fault, which has known magnetic anomalies and occurrences of IOCG-type mineralization at several points along its length in this area. The main potential is magnetite-chalcopyrite mineralization that may coalesce as thicker intervals within the major Atacama Fault structures. The best-known of a number of IOCG deposits in the coastal Chilean Iron Belt is the Phelps-Dodge Candelaria Mine (470 Mt, 0.95% Cu, 0.22 g/t Au, 3 g/t Ag).

In April of 2007 Quantec Geoscience Chile Ltda carried out a magnetic survey on the Hornitos claims for Aldershot and, since the agreement with PBX to enlarge the property; Aldershot has obtained permission for Quantec to use data from previous geophysical surveys done by other companies. When all the surveys covering the enlarged property are compiled and some gaps filled-in, an IP survey will be designed to cover selected parts of the property. It is hoped that IOCG targets that merit drilling can then be identified from combined magnetic, IP, and geological information.

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.

FOR AND ON BEHALF OF THE BOARD

ALDERSHOT RESOURCES LTD.

Jeremy Caddy, President and Director

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

Management has prepared this release 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 VP Exploration 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. The statements made in this news release may contain certain forward-looking statements that involve a number of risks and uncertainties. Actual events or results may differ from the Company's expectations.

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

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