LATEST DRILLING RESULTS ESTABLISHES LINK BETWEEN MAN
& SOUTH COURTLAND AREAS OF HILL COPPER-ZINC PROJECT
LITTLETON, COLORADO, January 17, 2008 News Release #08-02
Aurelio Resource
Corporation (OTCBB : AULO, Frankfurt : F3RA) today announced results from
recent exploratory drilling between the MAN and South Courtland areas of the Company's
wholly-owned Hill Copper-Zinc Project, located in the Turquoise Mining
District, Cochise County, Arizona.
As shown in Table 1
below, drill holes BR07-33 and BR07-34 demonstrate significant thicknesses and
economic grades of zinc-silver-copper mineralization in a previously un-drilled
area between the South Courtland and MAN
zones. The decision to drill in this area was based on surface
reconnaissance mapping that noted pervasive turquoise veining.
Table 1
2007
Exploration Drilling Results, Hill Copper-Zinc Project
|
Drill
Hole
|
From
(feet)
|
To
(feet)
|
Length
(feet)
|
Zinc
%
|
Copper
%
|
Silver
(g/mt*)
|
|
BR07-33
|
230
|
335
|
105
|
0.62
|
0.07
|
1.3
|
|
Including:
|
250
|
290
|
40
|
1.10
|
0.06
|
1.2
|
|
|
|
|
|
|
|
|
|
BR07-34
|
125 ft
|
285
|
160
|
0.07
|
0.16
|
1.5
|
|
Including:
|
260 ft
|
285
|
25
|
0.18
|
0.25
|
5.7
|
*
grams per metric tonne (which equals parts per million)
Hole BR07-34 (located
southeast of BR07-33) bottomed in copper-silver mineralization (the final five
feet graded 0.21% copper, 0.10% zinc and 1.1 grams silver per metric ton), but
had to be abandoned at a depth of 285 feet due to water inflows. The Company
plans to re-drill and deepen this hole at a future date.
Additionally, the Company
reports assay results for drill hole BR07-32, which was drilled as a step-out
to hole BR07-18. The results (shown in Table 2), further extends the
broad zone of zinc-silver mineralization running through the South
Courtland area.
Table 2
2007
Drilling Results, Hill Copper-Zinc Project (South Courtland Area)
|
Drill
Hole
|
From
(feet)
|
To
(feet)
|
Length
(feet)
|
Zinc
%
|
Copper
%
|
Silver
(g/mt)
|
|
BR07-32
|
200
|
350
|
150
|
0.40
|
0.06
|
1.1
|
|
including:
|
310
|
360
|
50
|
0.87
|
0.06
|
1.4
|
|
also:
|
460
|
485
|
25
|
0.33
|
0.08
|
1.0
|
These results validate the geologic model developed by the
Company’s geologists, as well as demonstrating the continuity of
mineralization within the South Courtland
area.
About The Company
Aurelio Resource
Corporation is a mineral exploration company focused on exploration at its wholly-owned
Hill copper-zinc project, which contains a number of potentially low-cost,
bulk-tonnage, open-pit-mineable deposits close to surface containing
significant amounts of copper, zinc, silver and gold. The Company
recently announced an independent estimate of the mineralized material at the
MAN Area of the Project totaling 63.8 million tons at an average grade of 0.56%
copper-equivalent. Aurelio has also acquired the rights to explore, and an
option to purchase, the Gavilanes gold porphyry deposit in Durango, Mexico.
On behalf of the Board of Directors of Aurelio Resource Corporation
Contacts:
Stephen Doppler Diane
Dudley
President & CEO Investor
Relations
303-795-3030 303-945-7273
(direct)
800-803-1371 303-945-7270
(fax)
For additional
information, please visit our website (www.AurelioResource.com)
and/or send an email to DianeD@AurelioResource.com..
Legal
Notice Regarding Forward Looking Statements
Statements in this news
release that are not historical are forward-looking statements. Forward looking
statements are statements that are not historical facts and are generally, but
not always, identified by the words "expects", "plans", "anticipates",
"believes", "intends", "estimates",
"projects", "aims", "potential",
"goal", "objective", "prospective",
and similar expressions, or that events or conditions "will" ,
"would", "may", "can",
"could" or "should" occur. Information inferred from the
interpretation of drilling results and information concerning mineral resource
estimates may also be deemed to be forward looking statements, as it
constitutes a prediction of what might be found to be present when and if a
project is actually developed. Forward-looking statements in this news release
include that our property contains a number of potentially low-cost,
bulk-tonnage, open-pit-mineable deposits close to surface 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 funds expected to be received
may not be; that our estimates of mineral resources are inaccurate;
uncertainties involved in the interpretation of drilling results and other
tests and the estimation of resources; 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 Form 10-KSB and Form 10-QSB
filed with the Securities and Exchange Commission.
Regards,
Diane G. Dudley
Investor Relations
Aurelio Resource
Corporation
Direct Line: 303-945-7273
Toll Free: 1-800-803-1371
Email: dianed@aurelioresource.com
stock traded as AULO
on Over the Counter Bulletin Board (OTCBB)
Web site: www.aurelioresource.com