Aldershot Subsidiary to Own Royal Uranium Inc.

Royal USA Inc, a wholly owned subsidiary of Aldershot Resources Ltd., (TSX:ALZ) announced it will purchase all of Royal Uranium Inc.’s stock.

As quoted in the press release:

The purchase includes:

• The Burro Project – containing 100% ownership of 65 lode mining claims. Historical results of exploration holes drilled in 2006 showed mineralization ranging from 1.0 ft @ 0.04% U3O8to 5.5 ft @ 0.52% U3O8, or up to 10 lbs uranium oxide per ton.
• The Bordeaux Creek Project – containing a 9,700 acre ISR greenfield project near Cameco Corporation’s Crow Butte ISR Uranium Project near Chadron, NE. Royal USA Inc. is currently earning-in to the Bordeaux Creek Partner LLC joint venture

Click here to read the Aldershot Resources Ltd. (TSX:ALZ) press release.