AURELIO ACQUIRES
MAJOR MINERAL PROPERTIES IN ARIZONA WITH A
TOTAL OF 65 CLAIMS AND THREE
STATE EXPLORATION PERMITS
LITTLETON, CO., April 27, 2007 Press Release #07-07
Aurelio Resource
Corporation (AULO: OTCBB) is pleased to announce completion of a final mineral
lease and option agreement with three individual owners of 65 “Gold Coin”
mineral claims and three Arizona State Exploration Permits. These acquisitions
were concluded through its wholly owned Arizona
subsidiary, Bolsa Resources,Inc. This significantly expands Aurelio’s
property ownership at its Hill Copper Project in Arizona and gives the company the ability to
aggressively increase its resource base.
The 65 unpatented “Gold
Coin” claims along with the three Exploration Permits form one
continuous block of claims covering 1540 acres. These new properties are all
located to the south and southeast of the MAN claims and host the possible continuation
of our drill indicated copper and zinc resources. The group of claims contains multiple
additional copper and zinc targets and three known gold prospects. The option
agreement includes a down payment of $20,000 with additional staged payments
spread over four years totaling $1.5 million. In addition, there is a royalty
of 1% of production of base metals and 2.5% of precious metals.
Aurelio now controls a
total of 32 patented claims, 96 unpatented claims and three State Exploration
Permits. The total acreage is 2607 and stretches over 3.4 miles and is about 1
mile wide.
The company has an, in-house
calculated, resource of 52.3 million tons @ 0.65% copper equivalent on the MAN
claims and 8.4 million tons @ 0.65 % copper equivalent on the Courtland claims
equaling a total of 790 million pounds of copper equivalent (copper and zinc).
ABOUT THE COMPANY
Aurelio Resource Corporation is a debt-free mineral exploration and
development company focused on achieving mid-tier producer status. The
Company’s wholly-owned Hill Copper Project is located east of Tucson, AZ
and contains several potentially open-pit mineable deposits containing
significant amounts of copper, zinc, silver and gold. Aurelio has also
acquired the rights to explore and an option to purchase the Gavilanes gold
porphyry deposit in Durango,
Mexico.
The Company’s
common shares are traded on the OTC-BB exchange under the symbol
“AULO”.
On Behalf of the Board of Directors, and Fred
Warnaars, President & CEO.
Contact: Dr. Fred W.
Warnaars Diane Dudley
President & CEO Investor
Relations
Phone:
303.795.3030
800.803.1371
303.945.7273 (direct)
For additional information, please visit our website (www.AurelioResources.com) and/or
send an email to DianeD@AurelioResources.com
Legal Notice Regarding Forward Looking Statements
Statements in this news release that are not historical are
forward-looking statements. Forward-looking statements in this news release
include: that the Gold Coin claims host
the possible continuation of our drill indicated copper and zinc resources;
that our in-house calculations, of 52.3 million tons at 0.65% copper equivalent
(i.e. copper and zinc) can be proven; that
we will pay
for the Gold Coin claims and three Arizona State Exploration Permits; that we
will aggressively expand the Hill Copper Project
resource; and that our property contains several potentially open-pit mineable
deposits containing significant amounts of copper, zinc, silver and gold.
It is important to note that the Company's actual outcomes may
differ materially from those statements contained in this press release.
Factors which may delay or prevent these forward looking statements from being
realized include misinterpretation of data; that we may not be able to keep our
qualified personnel; that our estimates of mineral resources are inaccurate;
that we may not be able to get equipment or labor as we need it; that we may
not be able to raise sufficient funds to complete our intended exploration,
purchase, lease or option payments; that our applications to drill may be
denied; that weather, logistical problems or hazards may prevent us from
exploration; that analysis of data cannot be done accurately and at depth; that
results which we have found in any particular location are not necessarily
indicative of larger areas of our property; and that despite encouraging data
there may be no commercially exploitable mineralization on our properties.
Readers should refer to the risk disclosures outlined in the Company's most
recent 10-KSB filed with the Securities and Exchange Commission.
Regards,
Diane G. Dudley
Investor Relations
Aurelio Resource
Corporation
303-945-7273
1-800-803-1371
dianed@aurelioresources.com
stock traded as AULO
on Over the Counter Bulletin Board (OTCBB)
Web site: www.aurelioresources.com