Aurelio Intercepts 165 feet Averaging 2.30% Zinc and
18.25 ppm Silver
At Hill Copper-Zinc Project, Arizona
LITTLETON,
COLORADO, November 16, 2007 News
Release #07-23
Aurelio
Resource Corporation (OTCBB : AULO, Frankfurt : F3RA) is pleased to announce
further results from recent infill drilling in the MAN Area of the Company's
wholly-owned Hill Copper-Zinc Project, located in the Turquoise Mining
District, Cochise County, Arizona.
The grades 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, exceed the grades
reported from surrounding holes drilled in the late 1980s by Santa Fe Pacific Mining,
Inc.
Table
1
Additional Drilling Results, Hill Copper-Zinc
Project (MAN Area)
Drill
Hole
|
From
|
To
|
Interval
|
Zinc
|
Copper
|
Silver
|
Comments
|
BR07-27
|
300
ft
|
465
ft
|
165
ft
|
2.30%
|
0.09%
|
18.25
ppm
|
Sulfides
|
including:
|
305
ft
|
375
ft
|
70 ft
|
3.84%
|
0.12%
|
28.71 ppm
|
|
|
|
|
|
|
|
|
|
also:
|
130 ft
|
295 ft
|
165
ft
|
0.02 %
|
0.47%
|
2.96 ppm
|
Chalcocite
blanket
|
Hole BR07-27
bottomed in ore-grade mineralization, with the final five-foot assay interval
(460 to 465 feet [ft]) averaging 0.88% zinc and 3.4 parts-per-million (ppm) silver.
Aurelio’s geologists regard this drill hole as
typical of the geology of the MAN Area deposit, with a well-defined chalcocite
blanket overlying a higher-grade sulfide ore zone.
Drill hole BR07-27 intercepted an area of the deposit
with both significantly higher zinc and silver grades in the underlying sulfide
(carbonate replacement) zone, as well as a much thicker and higher-grade
chalcocite zone nearer the surface.
The MAN Area mineralized zone remains open along
strike and at depth.
Gold assay results for drill hole BR07-27 are pending.
Drilling is
continuing in a previously unexplored area between the South
Courtland and MAN areas of the Project where strong alteration and
turquoise veining has been observed at the surface.
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-Zinc
Project, Arizona
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 10-KSB and 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