Mar 27th, 2007, 10:48
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ARU news：250 Metres Grading 35.18 g/t Gold
ARU的news，是我见过的最好的drill results，可能是20年来最好的。大家观摩观摩。 Aurelian Intersects 250 Metres Grading 35.18 g/t Gold and 264 Metres Grading 5.40 g/t Gold in Infill Drilling at FDN 3/27/2007 TORONTO, ONTARIO, Mar 27, 2007 (CCNMatthews via COMTEX News Network) -- Aurelian Resources Inc. (TSX:ARU) today announced results from four additional drill holes from the buried Fruta Del Norte ("FDN") epithermal gold-silver discovery on its wholly-owned Condor Project in south-eastern Ecuador. These include a 250 metre interval grading 35.18 g/t gold ("Au") and 27.1 g/t silver ("Ag") in drill hole CP-07-100 on line 3400N, and a 264 metre interval grading 5.40 g/t Au and 8.8 g/t Ag in drill hole CP-07-101 on line 3300N. These latest results demonstrate continued success from our infill drilling program in support of an inferred resource estimate over a portion of the deposit by mid-2007. Maps, cross sections and full gold and silver assay data from this and previous press releases may be viewed at www.aurelian.ca. "The infill drilling program continues to deliver and confirm high grade over long intersections in the central part of the deposit. The program is exceeding our expectations by not only confirming the mineralization we have already drilled but by adding grade and width to the known deposit. Soon we will have enough data to perform an initial inferred resource estimate over approximately one kilometer of the FDN deposit, which remains open to the south and at depth," says Aurelian President & CEO Patrick F. N. Anderson. "The deposit is faulted off to the North and the West. Currently, we have a drill rig looking for the proposed western block extension and surface geological mapping efforts are focussed on finding the northern extension." Results are summarized in the tables below. Intervals containing high grade assays have also been re-calculated using a top cut of 105g/t gold. --------------------------------------------------------------------------- Uncut data---------------------------------------------------------------------------Cross From To Intervalsection Drill hole (metres) (metres) (metres) Au g/t Ag g/t---------------------------------------------------------------------------9582800N CP-06-94 402.20 434.00 31.80 1.66 2.6--------------------------------------------------------------------------- CP-06-94 465.03 517.93 52.90 1.45 5.1--------------------------------------------------------------------------- CP-06-94 559.86 803.00 243.14 2.30 20.6--------------------------------------------------------------------------- including 587.40 604.00 16.60 6.64 52.0--------------------------------------------------------------------------- and 644.14 671.51 27.37 4.00 24.3--------------------------------------------------------------------------- and 739.70 742.40 2.70 18.34 80.6--------------------------------------------------------------------------- and 779.30 799.00 19.70 3.50 60.1---------------------------------------------------------------------------9583300N CP-07-101 254.00 518.00 264.00 5.40 8.8--------------------------------------------------------------------------- including 254.64 305.00 50.36 14.77 20.5--------------------------------------------------------------------------- and incl. 382.00 385.00 3.00 26.49 20.0--------------------------------------------------------------------------- and incl. 488.63 491.63 3.00 68.17 28.7--------------------------------------------------------------------------- CP-07-101 527.80 528.85 1.05 14.90 71.9---------------------------------------------------------------------------9583400N CP-07-100 214.00 464.00 250.00 35.18 27.1--------------------------------------------------------------------------- including 387.80 423.26 35.46 133.05 104.1--------------------------------------------------------------------------- which incls. 393.00 398.91 5.91 173.88 94.0--------------------------------------------------------------------------- and incl. 408.90 420.00 11.10 310.30 237.3--------------------------------------------------------------------------- which incls. 409.90 410.92 1.02 2447.20 1100.0--------------------------------------------------------------------------- and incl. 443.00 448.00 5.00 204.14 219.0--------------------------------------------------------------------------- CP-07-100 486.80 488.58 1.78 35.56 52.1--------------------------------------------------------------------------- CP-07-100 496.40 502.40 6.00 4.79 8.4---------------------------------------------------------------------------Note: intervals are calculated using a lower cut of 0.5g/t Au and no top cut, they include a maximum of 5m internal waste.------------------------------------------------------------------------------------------------------------------------------------------------------ Intervals with a top cut of 105g/t Au---------------------------------------------------------------------------Cross From To Intervalsection Drill hole (metres) (metres) (metres) Au g/t Ag g/t---------------------------------------------------------------------------9583300N CP-07-101 254.00 518.00 264.00 5.35 8.8---------------------------------------------------------------------------9583400N CP-07-100 214.00 464.00 250.00 15.02 27.1---------------------------------------------------------------------------Note: intervals are calculated using a lower cut of 0.5g/t Au and a 105g/t Au top cut, they include a maximum of 5m internal waste. CP-07-100 (azimuth 089/dip -63) was drilled on line 9583400N, between holes CP-06-57 and CP-06-58. Both of these earlier holes returned long, high-grade intercepts of 189 metres at 24 g/t gold (PR June 6, 2006) and 255 metres at 12.55 g/t gold (PR June 21, 2006) respectively. CP-07-100 crossed the contact between the Suarez conglomerate and the Misahualli andesites at 214.70 metres down hole, and immediately intersected intense epithermal quartz-carbonate-sulphide stockwork veining and brecciation with abundant visible gold. Between 387.80 m and 423.26 m the hole intersected very intense veining with pervasive visible gold and assayed 35.46m @ 133.05 g/t Au and 104 g/t Ag, including 1.02m @ 2447.20 g/t Au and 1100.0 g/t Ag. The hole then passed into a weaker stockwork zone before intersecting the high grade Muchacho vein between 443 and 448 m assaying 5m @ 204.14 g/t Au. Low intensity stockwork mineralization continued to 464 m. The entire 250 m mineralised interval assays 35.18 g/t Au and 27.1 g/t Ag. Using a 105 g/t Au top cut the hole assays 250 m at 15.02 g/t Ag and 27.1 g/t Ag. CP-07-101 (azimuth 87/dip -53) was drilled as an infill hole on line 3300N, crossing the trace of holes CP-06-51 and -56. The hole drilled through the base of the Suarez conglomerate at 283.46 m down hole and into intense quartz-carbonate-sulphide stockwork veining and brecciation in andesites. Mineralization continues to 518.00 m downhole, with the entire interval assaying 264.00 m @ 5.40 g/t Au and 8.82 g/t Ag. The interval includes a high grade zone of 50.36 m @ 14.77 g/t Au and 20.47 g/t Ag. The hole ended at a depth of 559.30 m. CP-06-94 was drilled on line 2800N, up-dip from hole CP-06-90 (PR January 31, 2007). The Suarez formation conglomerate - andesite contact was intersected at 406.25 m down hole. The andesites contain both sporadic quartz-carbonate-sulphide stockwork and narrow sheeted banded epithermal veins. The mineralisation increases in strength down hole with the hole ending with 243.14 m @ 2.30 g/t Au and 20.6 g/t Ag. The intercept contains a number of high-grade zones with visible gold including 16.60 metres assaying 6.64 g/t Au and 52.0 g/t Ag, and 2.70 metres assaying 18.34 g/t Au and 80.6 g/t Ag. The results indicate that the strongest zone of epithermal mineralisation is swinging to the east at the southern end of the system. Additional drill holes have been planned to test this hypothesis. Drill holes with assays pending or in progress include infill holes CP-07-102 on line 2900N, CP-07-103 on line 3100N, CP-07-105 and CP-07-106 on line 3200N, CP-07-109 on line 2800N, CP-07-110 on line 3700N, CP-07-111 on line 3700N and CP-07-112 on line 3500N. Drill hole CP-07-107 is a scissor hole that has been completed on line 3300N. Hole CP-07-108 has begun testing the western fault block on line 2600N. Holes CP-07-98, 99 and 104 have been completed on sections 9582700N and 9582600N to test the southern continuation of FDN, although CP-06-98 failed to reach its target depth due to difficult ground conditions encountered while traversing a major fault. South of FDN on section 9582000N, drill hole CP-07-97 intersected epithermal silicification and marcasite replacement of the Suarez conglomerates. However, no epithermal mineralization was intersected in the underlying andesites and the hole was not sampled. Results from forty-six diamond drill holes have been released for the FDN prospect to date. Further drill results will be released as analytical data are received, validated and compiled. The FDN target is interpreted to be an intermediate sulphidation epithermal gold-silver system. The deposit is buried by dominantly post-mineralization basin infill sediments (Suarez Formation) of Jurassic age within a pull-apart basin. The hydrothermal system is characterized by a combination of multiphase quartz-carbonate-sulphide stock work veining and hydrothermal brecciation within intensely silicified andesitic volcanic rocks that underlie the basin. In the southern part of FDN (south of 9583500N), the system is interpreted to dip moderately to steeply westward with a vertical structure bounding it to the east, and is cut by a steep east-dipping fault to the west. At the north end of the system (including and north of line 9583500N) the vein orientations and correlation of mineralization between drill holes indicates that the system is vertical. Drilling at the FDN deposit has outlined a mineralized envelope that is traceable continuously for over 1100 metres along strike, exceeds 100 metres in width through the central portion, dips moderately westward through to vertical and has a vertical extent of over 250 metres. Drill holes intersect this envelope at an angle and therefore drill hole intercept widths reported in this press release are not true widths. The deposit remains open at depth and to the south. Both the infill and step out drilling programs continue to expand the size of the deposit. Independent experts Dr. Richard Sillitoe and B. Terrence Hennessey have confirmed that the orientation of Aurelian's drill holes is optimal for the FDN deposit. Samples consist of half NQ, NTW and BTW-size diamond core that are split by diamond saw on site, prepared at the ALS Chemex laboratory in Quito, and assayed by 50g fire assay with an ICPAES, AAS or gravimetric finish at the ALS Chemex Lima Laboratory. The quality assurance-quality control (QA-QC) program of Aurelian includes the insertion of certified standards of known gold content every 20 samples, blanks at least every 20 samples and field or lab duplicates every 20 samples. Samples from significant drill intercepts are sent to two additional laboratories to verify gold and silver analyses. Metallic screen fire analyses for Au are also regularly run as additional QA-QC checks. The remaining half core is retained for verification and reference purposes. Stephen Leary (MAusIMM), Aurelian's Exploration Manager, is acting as Qualified Person in compliance with National Instrument 43-101 with respect to this release. He has reviewed the contents for accuracy. About Aurelian: Aurelian Resources Inc. is a publicly-listed (TSX:ARU) resource company engaged in the business of exploring, discovering and developing mineral wealth in Ecuador. The Fruta del Norte discovery lies at the heart of the Condor Project properties, located in south-eastern Ecuador and consisting of 38 mining concessions totaling approximately 95,000 hectares. Forward Looking Statement: Some of the statements contained herein may be forward-looking statements which involve known and unknown risks and uncertainties. Without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of the Company are forward looking statements that involve various degrees of risk. The following are important factors that could cause the Company's actual results to differ materially from those expressed or implied by such forward looking statements: changes in the world wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability and the uncertainty of access to additional capital. SOURCE: Aurelian Resources Inc. Aurelian Resources Inc. Patrick F. N. Anderson President & CEO (416) 868-9100 Email: pfnanderson@aurelian.ca Aurelian Resources Inc. Marla Gale Vice President, Investor Relations (416) 868-9100 Email: mgale@aurelian.ca Website: www.aurelian.ca Copyright (C) 2007 CCNMatthews. All rights reserved. |
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Mar 28th, 2007, 10:05
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只看该作者 #6 |
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see this. What should we do? ------------------------------------ Aurelian Resources Advised of Legal Action Considers Warrant Action to be Without Merit Wed Mar 28, 8:00 AM Email Story IM Story Printable View TORONTO, ONTARIO--(CCNMatthews - March 28, 2007) - Aurelian Resources Inc. ("Aurelian") (TSX: ARU.TO) announces that Van Eck Associates Corporation and Van Eck Funds International Investors Gold Fund (collectively, the "Plaintiffs") have caused a Statement of Claim (the "Claim") to be issued in the Ontario Superior Court of Justice naming Aurelian as defendant. The Claim relates to certain common share purchase warrants (the "Warrants") issued by Aurelian on June 6, 2003 as part of a private of 6,000,000 units at $0.50 per unit for gross proceeds of $3,000,000. Each unit was comprised of one common share and one Warrant. Each Warrant entitled the holder to purchase one common share at $0.60 per share during the first year from the date of issuance and $0.75 per share during the second year. The terms of the Warrants provided that they would expire in June 2005 unless, prior to that time, Aurelian met a series of conditions which, in the case of the Company continuing to be listed on the TSXV, included the conditions for a Tier 1 listing on such exchange and the Company having received approval from the relevant stock exchange to extend the expiry date of the Warrants for an additional two-year period. In the Claim, the Plaintiffs allege that Aurelian did not fulfill its obligations regarding obtaining the necessary approvals to extend the term of the Warrants to June 6, 2007. Accordingly, the Plaintiffs are claiming that they are entitled to be issued the 650,000 common shares that would have been issued to the Plaintiffs on the exercise of their Warrants had the term been extended to June 6, 2007 upon the payment to Aurelian of $650,000 or in the alternative, $26 million plus costs and interest. Management believes that the Claim is without merit and intends to vigorously defend this action. A Notice of Intent to Defend has been filed on behalf of Aurelian in this regard. About Aurelian: Aurelian Resources Inc. is a publicly-listed (TSX: ARU.TO) resource company engaged in the business of exploring, discovering and developing mineral wealth in Ecuador. The Fruta del Norte discovery lies at the heart of the Condor Project properties, located in south-eastern Ecuador and consisting of 38 mining concessions totaling approximately 95,000 hectares. Forward Looking Statement: Some of the statements contained herein may be forward-looking statements which involve known and unknown risks and uncertainties. Without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of the Company are forward looking statements that involve various degrees of risk. The following are important factors that could cause the Company's actual results to differ materially from those expressed or implied by such forward looking statements: changes in the world wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability and the uncertainty of access to additional capital. Contacts Patrick F. N. Anderson Aurelian Resources Inc. President & CEO (416) 868-9100 Email: pfnanderson@aurelian.ca Marla Gale Aurelian Resources Inc. Vice President, Investor Relations (416) 868-9100 Email: mgale@aurelian.ca Website: www.aurelian.ca |
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Apr 12th, 2007, 13:22
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只看该作者 #10 |
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注册日期: Mar 2007
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ARU is one of the stocks which moved as I expected. I posted "pay attention" yesterday, got in first thing this morning, and it's up 6% so far for today. for stocks like ARU which has both good FA and TA the game is far from over my first target for ARU is $40 dollars. My first buy was at $29.58. |
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Apr 12th, 2007, 13:33
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只看该作者 #11 | |
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注册日期: Jul 2004
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L兄,
引用:
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Jul 21st, 2007, 03:45
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只看该作者 #13 |
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顶一下这个帖子,以下是7月18日的NEWS
Aurelian Intersects 172.70 Metres Grading 7.71 g/t of Gold in Infill Drilling and 158.64 Metres Grading 8.13 g/t of Gold at the Eastern Edge of FDN 7/18/2007 TORONTO, ONTARIO, Jul 18, 2007 (MARKET WIRE via COMTEX News Network) -- Aurelian Resources Inc. (TSX: ARU) today announced results from 10 additional drill holes from the buried epithermal gold-silver discovery at Fruta Del Norte (FDN) on its wholly-owned Condor Project in south-eastern Ecuador. These include 172.70 metres grading 7.71 g/t of gold ("Au") and 8.2 g/t of silver ("Ag") in infill drill hole CP-07-130 and 158.64 metres grading 8.13 g/t Au and 11.3 g/t Ag in CP-07-126 at the eastern edge of the deposit. The drill holes are from sections 9583300N and 9583200N respectively. "We've had good success in this most recent round of drilling. The results confirm the geometry and grade of known zones of FDN, while also adding new mineralisation at depth and to the east," says Patrick F.N. Anderson, Aurelian's President and CEO. "Drilling is now complete for the inferred resource estimate and once all the assays are in from the lab, our independent engineers, Micon International, will finalise their interpretation." Mr. Anderson adds, "Drilling will continue at FDN as we build on the initial resource by targeting open areas of the deposit to the south, north and east. Meanwhile, a separate regional exploration team is continuing to drill at the El Tigre gold target and preparing other gold targets for drilling along strike from FDN." A table containing more complete intercepts from the 10 drill holes is listed below while maps, cross sections, photos and full gold and silver assay data from this and previous press releases may be viewed at www.aurelian.ca. FDN Results Results are summarized in the tables below. Intervals containing high grade assays have also been re-calculated using a top cut of 105 g/t of gold. ----------------------------------------------------------------------- -- Uncut data ------------------------------------------------------------------------- Cross Drill From To Interval section hole (metres) (metres) (metres) Au g/t Ag g/t ------------------------------------------------------------------------- 9582700N CP-07-117 358.10 388.88 30.78 1.02 6.2 --------------------------------------------------------------- CP-07-117 397.88 589.44 (EOH) 191.56 1.84 11.9 ------------------------------------------------------------------------- CP-07-124 376.00 502.00 126.00 1.72 5.0 --------------------------------------------------------------- CP-07-124 513.64 538.00 24.36 2.70 6.1 --------------------------------------------------------------- CP-07-124 547.00 557.60 10.60 15.86 6.3 --------------------------------------------------------------- 9582900N including 555.20 555.70 0.50 311.00 84.2 --------------------------------------------------------------- CP-07-124 563.71 611.00 47.29 15.19 12.6 --------------------------------------------------------------- including 563.71 564.85 1.14 59.90 70.6 --------------------------------------------------------------- and 591.20 591.60 0.40 1535.00 643.0 --------------------------------------------------------------- CP-07-124 619.00 625.50 (EOH) 6.50 5.05 59.0 ------------------------------------------------------------------------- CP-07-126 215.00 373.64 158.64 8.13 11.3 --------------------------------------------------------------- including 235.00 247.10 12.10 14.51 15.3 --------------------------------------------------------------- 9583200N and 341.47 344.62 3.15 256.81 208.6 --------------------------------------------------------------- CP-07-126 566.12 568.12 2.00 22.40 19.2 --------------------------------------------------------------- CP-07-127 369.00 374.00 5.00 1.03 3.0 ------------------------------------------------------------------------- 9583300N CP-07-130 250.00 422.70 172.70 7.71 8.2 --------------------------------------------------------------- including 252.00 293.40 41.40 22.32 11.2 ------------------------------------------------------------------------- CP-07-128A 425.80 503.80 78.00 2.73 31.8 --------------------------------------------------------------- 9583400N including 453.10 489.10 36.00 4.68 49.6 --------------------------------------------------------------- CP-07-128A 551.60 595.40 43.80 0.96 21.3 ------------------------------------------------------------------------- 9583500N CP-07-121 443.50 448.15 4.65 1.02 2.1 ------------------------------------------------------------------------- CP-07-120 150.70 423.50 272.80 5.79 8.0 --------------------------------------------------------------- including 239.79 256.80 17.01 11.18 9.8 --------------------------------------------------------------- 9583600N and 269.35 308.60 39.25 8.06 8.0 --------------------------------------------------------------- and 318.50 332.05 13.55 21.26 17.9 --------------------------------------------------------------- and 356.50 368.00 11.50 22.88 15.1 ------------------------------------------------------------------------- 9583700N CP-07-123 No significant intercepts ------------------------------------------------------------------------- 9583900N CP-07-122 No significant intercepts ------------------------------------------------------------------------- Note: intervals are calculated using a lower cut of 0.5 g/t Au and no top cut, they include a maximum of 5 metres internal waste. ------------------------------------------------------------------------- ------------------------------------------------------------------------- Intervals with a top cut of 105g/t Au ------------------------------------------------------------------------- Cross Drill From To Interval section hole (metres) (metres) (metres) Au g/t Ag g/t ------------------------------------------------------------------------- 9582900N CP-07-124 547.00 557.60 10.60 6.14 6.3 --------------------------------------------------------------- CP-07-124 563.71 611.00 47.29 3.10 12.6 ------------------------------------------------------------------------- 9583200N CP-07-126 215.00 373.64 158.64 4.75 11.3 ------------------------------------------------------------------------- 9583300N CP-07-130 250.00 422.70 172.70 7.53 8.2 ------------------------------------------------------------------------- Note: intervals are calculated using a lower cut of 0.5 g/t Au and a 105 g/t Au top cut, they include a maximum of 5 metres internal waste. ------------------------------------------------------------------------- CP-07-117 (azimuth 095/dip -65) was drilled on section 9582700N to test the south-southeast trend of the system towards the Bonza-Las Penas epithermal deposit 500 metres further south. The drill hole intersected quartz sinter buried below the Suarez formation sediments at 350 metres before drilling into a well-developed epithermal stockwork assaying 30.78 metres at 1.02 g/t Au and 6.2 g/t Ag, followed by 191.56 metres at 1.84 g/t Au and 11.9 g/t Ag to end of hole at 589.44 metres. On section 9582900N, infill drill hole CP-07-124 (azimuth 95/dip -62) intersected epithermal stockwork veining and narrow veins. The initial zone of stockwork was a 126 metre interval assaying 1.72 g/t Au, followed at depth by less intense stockwork and narrow veins, but containing some significant visible gold. Assays from this zone include 0.4 metres grading 1535 g/t Au and 643 g/t Ag from stockwork veining and 0.5 metres grading 311 g/t Au and 84.2 g/t Ag and 1.14 metres grading 59.90 g/t Au and 70.6 g/t Ag from narrow-banded epithermal veins. Two holes have been completed on section 9583200N, with CP-07-126 (azimuth 90/dip -58) intersecting a zone of intense epithermal mineralisation at 215 metres below the Suarez formation sediments. Mineralisation weakened down hole but still returned 158.64 metres at 8.13 g/t Au and 11.3 g/t Ag, including 12.10 metres at 14.51 g/t Au and 15.3 g/t Ag and a narrow high grade vein assaying 3.15 metres at 256.81 g/t Au and 208.6 g/t Ag. The intercept is east of previously released drill holes on this section. Further east again, drill hole CP-07-127 (azimuth 90/dip -58) intersected only weak mineralisation, with best assays of 5.00 metres at 1.03 g/t Au and 3.0 g/t Ag. CP-07-130 (azimuth 88/dip -54) was drilled as an infill hole on section 9583300N but was also angled to test the eastern extent of the system. The hole intersected very intense stockwork veining, returning 172.70 metres at 7.71 g/t Au and 8.2 g/t Ag, with the upper part including an interval assaying 41.40 metres at 22.32 g/t Au and 11.2 g/t Ag. Further north on section 9583400N, hole CP-07-128A (azimuth 100/dip -61) was completed to test the system at depth. The hole successfully intersected epithermal stockwork veining below previous drilling. The best interval assayed 78 metres at 2.73 g/t Au and 31.8 g/t Ag which includes 36 metres at 4.68 g/t Au and 49.6 g/t Ag. From the same drill platform drill hole CP-07-121 was angled north (azimuth 76/dip -66) to test the system at depth on section 9583500N. The hole dropped significantly from the collar orientation, resulting in the hole intersecting the system below where it is truncated by the west fault. The best intercept returned was 4.65 metres at 1.02 g/t Au and 2.1 g/t Ag. A scissor hole CP-07-120 (azimuth 270/dip -75) was completed on section 9583600N and was designed to help define where the system intersects the west fault. The drill hole intersected the top of the mineralised FDN block at 150.70 metres down hole and stayed in mineralisation until hitting the west fault at 423.50 metres, the interval assaying 272.80 metres at 5.79 g/t Au and 8.0 g/t Ag. Two holes were completed at the north end of the FDN deposit to close off the system to the east for the upcoming resource modeling. Holes CP-07-123 (azimuth 91/dip -50) and CP-07-122 (azimuth 90/dip -50) were drilled on sections 9583700N and 9583900N respectively. Both holes intersected only weak, low grade mineralisation without significant assays, as anticipated. Results from 74 diamond drill holes have been released for the FDN prospect to date. Further drill results will be released as analytical data are received, validated and compiled. The FDN target is interpreted to be an intermediate sulphidation epithermal gold-silver system. The deposit is buried by dominantly post-mineralisation basin infill sediments (Suarez Formation) of Jurassic age within a pull-apart basin. The hydrothermal system is characterized by a combination of multiphase quartz-carbonate-sulphide stock work veining and hydrothermal brecciation within intensely silicified andesitic volcanic rocks that underlie the basin. Drilling at the FDN deposit has outlined a mineralised envelope that is traceable continuously for over 1200 metres along strike, exceeds 100 metres in width through the central and southern portions, dips moderately westward through to vertical and has a vertical extent of over 250 metres. Drill holes intersect this envelope at an angle and therefore drill hole intercept widths reported in this press release are not true widths. Samples consist of half NQ, NTW and BTW-size diamond core that are split by diamond saw on site, prepared at the ALS Chemex laboratory in Quito, and assayed by 50g fire assay with an AAS or gravimetric finish at the ALS Chemex Lima Laboratory. The quality assurance-quality control (QA-QC) program of Aurelian includes the insertion of certified standards of known gold content every 20 samples, blanks at least every 20 samples and field or lab duplicates every 20 samples. Samples from significant drill intercepts are sent to two additional laboratories to verify gold and silver analyses. Metallic screen fire analyses for gold are also regularly run as additional QA-QC checks. The remaining half core is retained for verification and reference purposes. Stephen Leary (MAusIMM), Aurelian's Exploration Manager, is acting as Qualified Person in compliance with National Instrument 43-101 with respect to this release. He has reviewed the contents for accuracy. About Aurelian: Aurelian Resources Inc. is a publicly-listed (TSX: ARU) resource company engaged in the business of exploring, discovering and developing mineral wealth in Ecuador. The Fruta del Norte discovery lies at the heart of the Condor Project properties, located in south-eastern Ecuador and consisting of 38 mining concessions totaling approximately 95,000 hectares. Aurelian is committed to working with the government and people of Ecuador to achieve a modern, sustainable mining industry, which will play an important role in the future growth of the country. Visit www.aurelian.ca for more information. Forward Looking Statement: Some of the statements contained herein may be forward-looking statements which involve known and unknown risks and uncertainties. Without limitation, statements regarding potential mineralisation and resources, exploration results, and future plans and objectives of the Company are forward looking statements that involve various degrees of risk. The following are important factors that could cause the Company's actual results to differ materially from those expressed or implied by such forward looking statements: changes in the world wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability and the uncertainty of access to additional capital. Contacts: Aurelian Resources Inc. Patrick F. N. Anderson President & CEO (416) 868-9100 Email: pfnanderson@aurelian.ca Aurelian Resources Inc. Marla Gale Investor Relations (416) 868-9100 Email: mgale@aurelian.ca Website: www.aurelian.ca SOURCE: Aurelian Resources Inc. |
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