AURELIO RESOURCE CORPORATION ANNOUNCES
APPOINTMENT OF NEW CHIEF FINANCIAL OFFICER
LITTLETON, COLORADO, April 18, 2008 News Release #08-08
Aurelio
Resource Corporation (OTCBB
: AULO, Frankfurt
: F3RA) is pleased to announce that Robert
R. Gilmore has been appointed as Treasurer
and Chief Financial Officer (CFO) of the Company. Mr. Gilmore
succeeds Allan J. Marter, who has
served as Interim CFO since late 2006.
Robert R. Gilmore is an independent
financial consultant and Certified Public Accountant (CPA) with 35 years of
experience in the financial and mining industries.
Currently Mr. Gilmore
serves as a:
·
Director and Audit Committee
chairman for Eldorado Gold Corporation
(AMEX : EGO), a company with operating mines in Brazil,
China and Turkey; and as
a
·
Director and Audit Committee
chairman for Fronterra Copper Corp
(TSX : FCC), which produces approximately 70 million pounds of copper cathode
annually from the Piedras Verdes
SX/EW copper mine in Sonora, Mexico, and as a
·
Director and Audit Committee chairman
for Global Med Technologies.
Previously Mr. Gilmore
served as:
·
Treasurer of Barringer Resources;
·
CFO of U.S. Gold Corporation;
·
CFO of Dakota Mining Corporation; and,
·
a Director of several other
publicly-traded, operating mining companies in the United
States and Canada.
Mr. Gilmore is a Certified
Public Accountant, a former employee of Coopers & Lybrand (now PriceWaterhouseCoopers LLC), and a Member
of the Colorado Society of Certified Public Accountants and the American
Institute of CPAs. He holds a Bachelor of Science degree in Business
Administration, Accounting from the University
of Denver
“We
are very pleased that Robby has chosen to join the Aurelio team”
said Steve Doppler, President & CEO.
“Robby’s extensive experience
with a wide variety of mining companies will enable him to make a significant
contribution to Aurelio as we move forward with development of our wholly-owned
Hill Copper-Zinc Project in Arizona.
At the same time, we would like
to express our sincere appreciation to Allan Marter for his valuable
contributions to Aurelio over the past 18 months. Although Allan is also stepping
down as a Director of Aurelio, I am pleased to say that he has agreed to remain
involved with us on a consulting basis, and we look forward to his continued
participation in an advisory and
strategic planning capacity.”
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.
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-K and Form 10-Q Reports 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)