Aldershot Resources Ltd.: Property Option Agreement

Aldershot is principally a uranium explorer, but for a numberof years has carried exploration rights to the Hornitosclaims, which have potential for mineralization of the "ironoxide Cu-Au" (IOCG) type, on its books. Management, evereager to maximize shareholder value, is currently engagedin discussions with third parties, exploring ways that thismight best be done.

Management has now negotiated with PBX to add claims adjacentto the Hornitos ground that significantly expand the sizeand potential of the project. The enlarged property is muchmore interesting than the Hornitos claims alone were, asit includes ground astride the main strands of the AtacamaFault, which has known magnetic anomalies and occurrencesof IOCG-type mineralization at several points along itslength in this area. The main potential is magnetite-chalcopyritemineralization that may coalesce as thicker intervals withinthe major Atacama Fault structures. The best-known of anumber of IOCG deposits in the coastal Chilean Iron Beltis the Phelps-Dodge Candelaria Mine (470 Mt, 0.95% Cu, 0.22g/t Au, 3 g/t Ag).

In April of 2007 Quantec Geoscience Chile Ltda carried outa magnetic survey on the Hornitos claims for Aldershot and,since the agreement with PBX to enlarge the property; Aldershothas obtained permission for Quantec to use data from previousgeophysical surveys done by other companies. When all thesurveys covering the enlarged property are compiled andsome gaps filled-in, an IP survey will be designed to coverselected parts of the property. It is hoped that IOCG targetsthat merit drilling can then be identified from combinedmagnetic, IP, and geological information.

About Aldershot Resources Ltd.

Aldershot Resources Ltd. is a junior uranium explorationcompany focused on projects in Australia, Canada, Zambiaand Chile. The Company's most advanced projects are locatedin Australia where Aldershot is actively drilling to confirmand expand historical resource estimates. The Company isaggressively pursuing corporate growth through drillingand sampling on all of its properties as well as throughacquisition opportunities. Aldershot is committed to becomea dominant junior uranium exploration and production company.

FOR AND ON BEHALF OF THE BOARD

ALDERSHOT RESOURCES LTD.

Jeremy Caddy, President and Director

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Management has prepared this release and no regulatory authorityhas approved or disapproved the information contained herein.Information in this report, insofar as it relates to resources'estimation and exploration activities, is based on informationcompiled by Ian Faris who is the Company's VP Explorationand who has more than ten years experience in the fieldof the activity being reported on. This report accuratelyreflects the information compiled by this Professional Engineer.The statements made in this news release may contain certainforward-looking statements that involve a number of risksand uncertainties. Actual events or results may differ fromthe Company's expectations.

The TSX Venture Exchange has not reviewed and does not acceptresponsibility for the adequacy or accuracy of the contentsof this News Release.