Mr. Clive Massey reports
ALDEVER COMMENCES DIAMOND DRILLING AT LAC VILLEBON, VAL D'OR QUEBEC
Aldever Resources Inc. has provided an update on its
diamond drilling program at its Lac Villebon project in Val d'Or, Que.
To date, three holes totalling 540 metres have been completed at the north end of the JR zone and successfully
penetrated the shear zone and fault zone in the north, both of which were intensely graphitic. In addition,
pyrrhotite-pyrite mineralization and shear fill have been confirmed at depth with local sphalerite and chalcopyrite
present.
Regarding the drilling, president Clive Massey commented: "Thus far, the drilling is both on budget and on target.
Holes were collared where in previous prospecting programs the highest gold and silver anomalies were noted. The
heavily altered rocks and the presence of sulphide mineralization is very much what we expected to encounter. This is
an excellent start and we hope to have the program wrapped up in two to three weeks time."
A total of 12 NQ2 holes are planned to test the primary splay of the Cadillac Tectonic zone (CTZ) that
bisects the property, as well as the JR zone. The JR zone is a strongly silicified and locally graphitic shear zone
subparallel to the CTZ identified as both a magnetic and electromagnetic anomaly in ground VLF-EM (very-low-frequency electromagnetic)/magnetic data.
Earlier this year, short-hole outcrop drilling intersected mineralization within the JR zone. Assays returned multiple
anomalous element values, including 0.132 gram per tonne gold over 0.65 metre and 36.7 grams per tonne silver over 0.56 metre. Assays from 57 core
samples ranged from trace to 0.132 gram per tonne gold and averaged 0.003 gram per tonne gold, and from trace to 36.7 grams per tonne silver with an average of 1.815
grams per tonne silver. The company intends on completing up to 3,000 metres of drilling. Additionally, the company will
continue its prospecting activities, soil sampling and outcrop drilling on the southern extent of the JR zone.
About the Lac Villebon project
The Lac Villebon gold project covers an area of approximately 1,855 hectares on the western shore of Lac Villebon,
and the project's mineral claims are contiguous with the southern border of Alexandria Minerals Corp.'s Cadillac Break property group. The project is 31 kilometres southeast of the historical Sigma and Lamaque mines, which are
currently controlled by Integra Gold Corp. and produced approximately 9.1 million ounces of gold. The Lac Villebon gold project is also
about 18 kilometres southeast of Agnico Eagle Mines Ltd.'s Akasaba West deposit, which was acquired from Alexandria
Minerals in 2014 and hosts an indicated gold resource of approximately 200,000 ounces of gold. Other active
companies in the immediate area include Glencore, 1.5 kilometres to the south, and Monarques Gold Corp. and Cartier Resources Inc. 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 publicly available materials from other
companies active in the Val d'Or mining camp and are not located on the Lac Villebon property. The company has not
undertaken any independent investigation of the production/resource estimates, nor has independently analyzed
the publicly available results.
The technical contents of this news release have been reviewed by Abby Peterson, PGeo. Ms. Peterson is
registered in the province of Quebec and a qualified person as defined by National Instrument 43-101, and has approved this news
release.
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