Nova Cannabis Inc Com V.ALZ.RT

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[RareEarthMan]

NEWS RELEASE URANIUM - ZAMBIAN PROSPECTING LICENCE GRANTED January 11, 2007 TSX.V SYMBOL: ALZ Jeremy Caddy, President of Aldershot Resources Ltd (“Aldershot” and the "Company"), is pleased to announce that further to the Company’s news releases dated February 18, 2005 and April 12, 2005 the Kariba Prospecting Licence has now been granted. The Kariba Prospecting Licence (LSPL310) is located in the Southern Province of Zambia and on the northern shores of Lake Kariba (see attached map). The Kariba Prospecting Licence covers approximately 780 sq km and is almost entirely underlain by the Carboniferous to Jurassic aged Karoo Supergroup on the edge of the mid-Zambezi Rift Valley. Potential for sandstone hosted uranium deposits within the Upper Karoo Escarpment Grit (both as detrital deposits and fracture/fault controlled mineralization) has been recognised in this area and the area was actively explored in 1970s and early 1980s by international companies. The Company’s Prospecting Licence lies south of the Mutanga, Dibwe, Bungua and Njame prospects and east of the Chisebuka and Munyumbwe prospects. In September 2006, a JORC compliant Inferred Resource Estimate of 16.4Mt @ 380 ppm U3O8 at a 200 ppm U3O8 cutoff was reported (ASX, OmegaCorp’s Quarterly Report) for the Mutanga and Dibwe areas with the Dibwe prospect approximately 15-23 kms (10-15 miles) north of Aldershot’s prospecting licence. In addition, recent exploration by Energy Venture Limited’s subsidiary African Energy Resources Limited, over the Njame North Deposit (58km or 36 miles to the northeast) has identified a JORC compliant inferred resource of 5.5 million tonnes @ 400 ppm U3O8 (200 ppm U3O8 cutoff) containing 2,200 tonnes or 4.8 million pounds of U3O8, (ASX Report dated 19 September 2006). The above results have not be validated by the Company and do not comply with NI #41-103 reporting requirements and should not be interpreted as such and are reported only to show the potential of the area and identify mineralised zones that can reasonably be expected to extend onto the Company’s ground. These statements have been compiled by Ian Faris who is the Company’s VP Exploration. Page 2 Management is excited to have this Licence approved as it contains approximately 100 kms of the prospective Upper Karoo Escarpment Grit host to uranium mineralization with published uranium resources along strike to the northeast and known prospects about 3 km to the west of its boundary. Data compilation has commenced and an airborne survey will be undertaken once a contract is finalized and the conditions are suitable. FOR AND ON BEHALF OF THE BOARD ALDERSHOT RESOURCES LTD signed: “Jeremy Caddy” Jeremy Caddy President and Director Scott Mundell Corporate Development Consultant Telephone: [phone] Fax: [phone] Email: [e-mail] Visit Aldershot Resources’ Web-site: www.aldershotresources.com The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this News Release. This release has been prepared by management and no regulatory authority has approved or disapproved the information contained herein. Information in this report, insofar as it relates to resources’ estimation and exploration activities, is based on information compiled by Ian Faris who is the Company’s VP Exploration and who has more than ten years experience in the field of the activity being reported on. This report accurately reflects the information compiled by this Professional Engineer. The statements made in this press release may contain certain forward looking statements that involve a number of risks and uncertainties. Actual events or results may differ from the Company’s expectations.