Thursday, March 29, 2007 3:40:01 PM
2007-03-29 10:27 MT - News Release
Mr. Patrick Anderson reports
AURELIAN RESOURCES ADDS SIXTH DRILL AT CONDOR PROJECT; DRILLING TO COMMENCE AT EL TIGRE
Aurelian Resources Inc. is operating an additional diamond drill rig at its wholly owned Condor project in southeastern Ecuador. This brings the total number of drill rigs on the project to six. The Longyear 38 drill, operated by Choque Drilling of Lima, Peru, will be replacing one of the man-portable drills currently working on the FDN deposit. The portable rig will then be transported by helicopter to the El Tigre prospect, located four kilometres to the east of FDN where a drill pad has already been prepared. Drilling at El Tigre is anticipated to commence by mid-April.
A map showing the location of the El Tigre prospect and photos of the coarse alluvial gold may be viewed the company's website.
"The new rig allows us to maintain the pace of infill drilling towards an inferred resource estimate on FDN while beginning exploratory drilling on El Tigre," says Aurelian president and chief executive officer Patrick F.N. Anderson. "El Tigre will be the second target drilled of the more than 30 gold targets we identified during our regional exploration program on the Condor project. Drilling will seek the source of the abundant coarse gold found at surface in streams and soil, and test coincident geological structure, ground magnetics and soil gold geochemical patterns."
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