AURELIO RESOURCE
CORPORATION RESUMES DRILLING
AT THE HILL COPPER-ZINC
PROJECT IN ARIZONA
LITTLETON,
COLORADO,
June 15, 2007 Press Release #07-10
(BUSINESS WIRE)
Aurelio Resource Corporation (OTCBB : AULO) is pleased to announce
that the Company has begun a second drilling program at its wholly-owned Hill Copper-Zinc
Project, with a minimum of 30,000 feet (9,160 meters) planned over the next four
to six months. A 5,800 foot (1,770 meter) core drilling program was completed
in January.
The objectives of the program are as follows:
(1) Twin a number of
holes in the MAN area, where the Company’s main resource is located, to confirm
the drill hole data acquired from Newmont Mining, which forms the basis for our
resource estimation;
(2) Expand and
upgrade the current copper, zinc, gold and silver resources in the MAN area by
step-out and in-fill drilling;
(3) Delineate the
extent of the recently-discovered zinc and oxide copper mineralization (see the
Company’s News Release of February 13, 2007 and March 1, 2007) in the South Courtland area to further increase our near surface
resources; and,
(4) Evaluate several
other copper, zinc and gold exploration targets on the Company’s 2,607
acre land position in the Turquoise Mining District.
The current drilling program
will also provide the framework for a conceptual mining plan as Aurelio further
develops the project and complete a preliminary assessment or pre-feasibility
study
Fred Warnaars, President
and CEO of Aurelio Resources, stated “We are extremely pleased at the possibility
of confirming and expanding a world-class ore deposit at our wholly-owned Hill Copper-Zinc
Project, and we are focused on maximizing our efforts to define NI 43-101
compliant resources as required for a listing on the TSX.
ABOUT THE COMPANY
Aurelio Resource Corporation is a 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 a number of low-cost, bulk-tonnage, potentially open-pit-mineable
deposits close to surface containing significant amounts of copper, zinc,
silver and gold. Presently, the resource is estimated by the Company to be nearly
800 million pounds of copper at a copper equivalent grade of 0.65% (copper and
zinc combined). 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
Contact: Dr. Fred
Warnaars
President & CEO Diane Dudley
Investor
Relations
Phone:
303-795-3030
800.803.1371
303.945.7272
(direct)
303.945.7270
(fax)
For additional information, please visit our website (www.aurelioresource.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 a drilling program of a minimum of 30,000
feet (9,160 meters) is planned over the next four to six months; that we can
expand and upgrade the current copper, zinc, gold and silver resources in the
MAN area by step-out and in-fill drilling; that we can increase our near
surface resources; that the drilling will provide the framework for a
conceptual mining plan; that our in-house calculations of nearly 800 million
tons at 0.65% copper equivalent (i.e. copper and zinc) can be proven.
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 dept; 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 and 10-QSB 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