Seven Drill Holes Completed at Gowganda Gold Project

Aldershot Resources Ltd. ("Aldershot" or the "Company") (TSX VENTURE:ALZ)(FRANKFURT:ASL1)(OTC PINK:ALZTF) is pleased to announce that seven drill holes have been completed at the Gowganda Gold project for a total of 869 metres with assay results pending for the first three holes. The objective of the current drill program is to test high priority gold targets associated with mineralized and altered syenite and gold veins identified from surface trenching and previous drilling. The intention is to complete approximately 1,500 metres of drilling by early March 2017.

Jeremy Caddy, President and CEO commented, "We are very pleased to initiate the next step in the development of the Gowganda Gold project. Working with the team at Transition Metals Corp., the exploration program operator, we look forward to results from the gold targets identified."

To view "Gowganda Gold Project Drilling Summary" associated with this news release, please visit the following link: http://media3.marketwire.com/docs/1086068.pdf

Qualified Person

The technical elements of this press release have been approved by Mr. Greg Collins, P.Geo. (APGO), a Qualified Person under National Instrument 43-101.