Aldever Acquires Ground IN Nadina Mining CAMP, British Columbia
ALDEVER RESOURCES INC. 2200 HSBC Building – 885 West Georgia St, Vancouver, BC, V6C 3E8 www.aldever.com
ALDEVER ACQUIRES GROUND IN
NADINA MINING CAMP, BRITISH COLUMBIA
November 21, 2017
Aldever Resources Inc. (ALD—TSXV) (ALDVF—OTCQB) (17G1—Frankfurt) is pleased to announce that it has entered
into an agreement with an arms’-length vendor to acquire a 100% interest in the Nadina Mountain Claims. The claims
encompass over 3777 hectares in central British Columbia, ~23km south of the town of Houston and with one of the
claims less than 4.2km north of the New Nadina Project. All of the claims in Aldever’s land package cover the same
geological unit in which New Nadina is exploring the Silver Queen Project.
Aldever CEO and President, Clive Massey stated: “We are very excited about joining this new emerging area play and
the r esulting exploration prospects created for Aldever ; t he acquisition of this land package further diversifies
Aldever’s exploration portfolio and adds potential value.”
The Thira claim and been intermittently explored since 1971. Encouraged by a mineralized intersection in a 1995
percussion hole PH95-5 (0.18 per cent copper over 67 metres) , Cominco completed both IP and resistivity surveys
and identified a 2 by 1.3 kilometre chargeability low associated with the discovery hole (Assessment Report 24109).
Subsequently, in 1995 three diamond-drill holes were completed. The best mineralization was found to occur in Hole
DH95-12. Hole DH95-12 was collared on the south-eastern edge of the IP low, 330 metres south of hole 10 and 650
metres east of hole 5. It also intersected white feldspar porphyry to a depth of 34.3 metres. The white porphyry was
mineralized with an average copper grade of 0.054 per cent copper over 22.1 metres, from interval 12.2 to 34.3
metres depth (Assessment Report 24392).
The copper mineralization occured as very fine-grained chalcopyrite and lesser bornite in narrow quartz veinlets. As
typical elsewhere this unit was characterized by 5 to 15 per cent fine -grained, disseminated pyrite. At a depth of
34.3 metres the hole passed into a mult i-phase granitic intrusion. This intrusion varie d from feldspar porphyritic
granite, through equigranular granite into weakly feldspar porphyritic granodiorite down the hole. The granitic
intrusion was mineralized throughout with the best mineralized secti on associated with the equigranular granite
between 51.9 and 57.8 metres. This 5.9 metre interval averaged 0.15 per cent copper with weakly elevated gold (to
0.072 gram per tonne over 2 metres) and silver (to 1.2 parts per million over 2 metres) values; mo lybdenum was
weakly elevated throughout the hole ranging from 4 parts per million to 0.011 per cent molybdenum over two metre
intervals (Assessment Report 24392). Alteration in hole twelve was characterized by weak to locally strong fine -
grained red-brown biotite, ubiquitous chlorite and locally concentrated strong pink potassic feldspar flooding. A 2
metre split from hole DH95-10 chalcopyrite (from 78 to 80 metres depth), containing isolated specks of chalcopyrite
assayed 0.23 per cent copper, 11.1 gram per tonne silver and 0.094 gram per tonne gold (Assessment Report 24392).
Geology
The Thira property is mainly underlain by mafic to intermediate volcanic rocks of the Middle to Lower Jurassic Telkwa
Formation (Hazelton Group). Conglomerate and andesitic vo lcanic strata of the Cretaceous Kasalka Group are
exposed to the east, west and north. Undivided volcanic rock of the Lower Cretaceous Mt. Ney Volcanics (Skeena
Group) occurs a few kilometers to the south. All these stratigaphic packages are intruded by stocks and dikes of the
Late Cretaceous Bulkley or Kasalka Plutonic suites. Porphyry-style chlorite-biotite-potassium feldspar alteration and
associated pyrite plus/minus chalcopyrite mineralization is observed throughout the property and is most intense in
proximity to the intrusive bodies. The country rock in the vicinity of the intrusive bodies is strongly fractured.
Pyrite/chalcopyrite mineralization occurs as disseminations and fracture fillings in both country rock and intrusions.
Pyrite commonly exceeds 3 per cent over broad areas of the property.
Aldever can earn a 100% interest in the Nadina Mountain Claims by paying to the vendor $5,000 and issuing
2,500,000 common shares within 5 days of TSX Venture Exchange Approval, paying a further $500,000 in 24 months
and incurring $200,000 in qualifying exploration expenditures over a five-year period. A 1% GOR (Gross Overriding
Royalty) has been granted to the vendor, of which 0.5% may be purchased by Aldever for $1,000,000. This
transaction is subject to TSX Venture Exchange Approval.
The technical contents of this news release have been prepared under the supervision of Mr. Peter Born, P. Geo.
Mr. Born is a Qualified Person as defined in NI 43-101, and has approved this news release.
For further information, please contact:
Clive Massey, President
Aldever Resources Inc.,
Phone: (604) 622-1199
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Ven ture
Exchange) accepts responsibilit y for the adequacy or accuracy of this release. Statements included in this announcement,
including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and
are hereby identified as, “forward ‐looking statements”. Forward‐looking statements may be identified by words including
“anticipates”, “believes”, “intends”, “estimates”, “expects” and similar expressions. The Company cautions readers that forward‐
looking statements, including without limi tation those relating to the Company’s future operations and business prospects, are
subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the f orward‐
looking statements.