Aurelian begins exploratory drilling at El Tigre
2007-05-07 07:40 MT - News Release
Mr. Patrick Anderson reports
AURELIAN BEGINS DRILLING AT EL TIGRE
Aurelian Resources Inc. has begun a program of exploratory drilling at the company's El Tigre prospect. The program will attempt to locate the bedrock source of abundant, coarse, angular gold found in streams draining the target area, which is also marked by a distinct 800-metre-by-400-metre gold-in-soils anomaly. El Tigre falls within Aurelian's wholly owned Condor project in southeastern Ecuador and is approximately five kilometres to the east of the Fruta Del Norte (FDN) epithermal gold-silver discovery.
A tactic of step-out fan drilling is being adopted to test what is assumed to be a structure or intrusion-related target. The initial program will consist of approximately 3,600 metres of drilling, which may be extended depending on results. A man-portable diamond drill capable of reaching depths of 600 metres is being used in the program, which is designed to test the coincident structural, geochemical and geophysical trends. Drill results for El Tigre will be released as analytical data are received, validated and compiled.
"El Tigre is the first gold target generated by our extensive regional survey to be tested by diamond drilling since the FDN discovery," says Aurelian president and chief executive officer Patrick F.N. Anderson. "We have now reached a point where our infrastructure is sufficient to support and maintain multiple drill campaigns. While drilling at FDN continues to expand our flagship project, we plan to continue testing other targets identified in the regional program."
Tim Warman (PGeo), Aurelian's vice-president, corporate development, is acting as qualified person in compliance with National Instrument 43-101 with respect to this release. He has reviewed the contents for accuracy.
