AURELIO REPORTS ADDITIONAL GOLD INTERCEPTS AT MAN AREA
OF HILL COPPER-ZINC PROJECT IN ARIZONA
LITTLETON, COLORADO, March 12, 2008 News Release #08-06
Aurelio Resource
Corporation (OTCBB : AULO, Frankfurt : F3RA) is pleased to announce further
gold assay results from recent drilling in the MAN Area of the Company's
wholly-owned Hill Copper-Zinc Project, located in the Turquoise Mining
District, Cochise County, Arizona.
As previously reported
(see Aurelio’s November 16, 2007 news release), drill hole BR07-27
demonstrated significant thicknesses and economic values of zinc-copper-silver mineralization.
This was a twin-hole drilled for the purpose of confirmation of previous
drilling in the middle of the MAN Area.
The zinc-lead-silver
assay values in drill hole BR07-27 are significantly higher than the average grades
reported in the CAM mineralized material inventory (see Aurelio's October 30,
2007 news release). The latest results, shown in Table 1, also exceed the
values for Cu-Ag-Au reported from the surrounding holes drilled in the late
1980s by Santa Fe Pacific Mining, Inc. Of particular interest to the
Company is the presence of recoverable gold over significant intervals, and the
high-value lead mineralization encountered in BR07-27:
Table 1
Additional
Drilling Results, MAN Area, Hill Copper-Zinc Project
|
Drill
Hole
|
From
(feet)
|
To
(feet)
|
Length
(feet)
|
Zinc
(%)
|
Copper
(%)
|
Lead
(%)
|
Silver
(g/mt*)
|
Gold
(g/mt)
|
|
BR07-27
|
300
|
465
|
165
|
2.30
|
0.09
|
0.27
|
18.75
|
0.22
|
|
Including:
|
305
|
375
|
70
|
3.84
|
0.12
|
0.52
|
25.15
|
0.22
|
|
And:
|
320
|
355
|
35
|
5.75
|
0.12
|
0.92
|
33.95
|
0.22
|
|
Chalcocite
blanket:
|
130
|
295
|
165
|
0.04
|
0.47
|
0.07
|
2.98
|
0.08
|
|
|
|
|
|
|
|
|
|
|
|
BR07-28
|
245
|
285
|
40
|
0.70
|
0.12
|
n/a
|
2.21
|
n/a
|
|
Also:
|
415
|
560
|
145
|
0.09
|
0.29
|
0.02
|
1.87
|
0.22
|
|
Including:
|
420
|
470
|
50
|
0.11
|
0.50
|
0.02
|
2.68
|
0.46
|
*
g/mt - grams per metric tonne (which equals parts per million)
Drill hole BR07-28,
another twin of a Santa Fe
hole at the edge of the MAN Area, intercepted a significant interval of gold as
well, as indicated in the table above, and is approximately 1000 feet northwest
of BR07-27.
Hole BR07-27 bottomed in
ore-grade mineralization, with the final five-foot assay interval (460 to 465
feet) averaging 0.88% zinc and 3.4 gm/MT silver along with measurable gold,
copper and lead. The Company plans to re-drill and deepen this hole at a
future date.
Aurelio's geologists
regard drill hole BR07-27 as typical of the geology of the MAN Area deposit,
with a well-defined chalcocite blanket from 130 feet to 295 feet overlying a
higher-grade sulfide zone where significant precious and base metals
mineralization is generally found. The chalcocite value in this hole,
0.47% copper, is significantly higher than the chalcocite inferred resource
averaging 0.28% copper reported in the CAM
report.
Drill hole BR07-27 intercepted
an area of the deposit with both significantly higher zinc and silver values in
the underlying sulfide (carbonate replacement) zone, as well as a much thicker
and higher-grade chalcocite zone nearer the surface. The Company plans to
begin re-assaying the historic drill core from holes surrounding BR07-27 to
further define the unanticipated high-grade lead mineralization, which had not
been assayed for in prior drilling programs.
The MAN Area mineralized
zone remains open along strike and at depth.
About The Company
Aurelio Resource
Corporation is a mineral exploration company focused on fast-track development
of its wholly-owned Hill Copper-Zinc Project, which the Company believes
contains a number of low-cost, bulk-tonnage, open-pit-mineable deposits close
to surface containing significant amounts of copper, zinc, silver and gold. The
Company has previously 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; and, plans for further drilling and re-assaying.
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
5554 S. Prince Street, Suite 200 | Littleton, CO
80120
Direct Line: 303-945-7273 | Fax:
303-945-7270 |
Toll Free: 1-800-803-1371
Email: dianed@aurelioresource.com | Web
site: www.aurelioresource.com
stock traded as AULO on
Over the Counter Bulletin Board (OTCBB)