AURELIO CONTINUES TO EXPAND NEAR-SURFACE OXIDE MINERALIZATION IN THE SOUTH COURTLAND AREA
REVIEWS PROGRESS TO DATE AT HILL COPPER-ZINC PROJECT
LITTLETON, COLORADO, October 12, 2007 News Release #07-19
Aurelio Resource Corporation (OTCBB : AULO, Frankfurt : F3RA) today announced additional results from the Company's on-going drilling program in the South Courtland area of its wholly-owned Hill Copper-Zinc Project, located in the Turquoise Mining District of Cochise County, Arizona (see Aurelio news releases #'s 07-12, 07-13 and 07-18):
August 2007 Drill Results: Hill Copper-Zinc Project
Drill Hole
From
To
Length
Zinc
Copper
Silver
Comments
BR-07-14
Including:
275 ft
300 ft
315 ft
315 ft
40 ft
15 ft
1.06%
2.44%
0.12%
0.05%
3.24 ppm
2.17 ppm
200-foot step out NW from BR-07-11 and BR-07-12
BR-07-16
Including:
110 ft
115 ft
220 ft
140 ft
110 ft
25 ft
0.02%
0.07%
0.42%
0.98%
1.00 ppm
1.54 ppm
600-foot step out NW from BR-07-14
BR-07-18
Also including:
75 ft
180 ft
295 ft
265 ft
220 ft
85 ft
0.51%
0.98%
0.13%
0.12%
1.50 ppm
2.15 ppm
300-foot step out SW from BR-07-19
BR-07-19
Including:
415 ft
425 ft
505 ft
470 ft
90 ft
45 ft
1.07%
1.83%
0.13%
0.15%
2.36 ppm
2.77 ppm
Fan from BR-07-07
The most recent results continue to expand the near-surface oxide zinc and oxide copper mineralization in the South Courtland area, adding an additional 800 feet of strike length to the mineralized zone. The South Courtland mineralized zone remains open along strike, and recent drilling has significantly increased the width of the zone, potentially more than doubling the estimated size of the deposit.
BR-07-16 is interpreted as representing a gradational boundary between high-grade primary zinc mineralization in the southern portion of the South Courtland area, and, higher-grade primary copper mineralization to the north.
Assay results are pending from four additional holes drilled in the South Courtland area during September 2007. Drilling has now shifted to the MAN area of the Hill Copper-Zinc deposit, where ten deep (600 to 800-ft) vertical and inclined holes will be drilled in preparation for an independent NI 43-101 resource calculation that is scheduled to begin in November.
The following is a review of progress to date at the Company's wholly-owned Hill Copper-Zinc Project in Cochise County, Arizona.
Review Of Accomplishments - Hill Copper-Zinc Project
Fourteen months ago, the Company's Hill Copper-Zinc Project comprised just 13 unpatented mining claims. Since then, Aurelio Resources has increased its land position from approximately 260 acres to more than 5,000 acres, successfully consolidating the Turquoise Mining District, which has a long, documented history of profitable copper, zinc, gold and silver production.
Aurelio has also acquired the historical exploration database for the entire district, which consists of drill logs and assay information for more than 270 diamond and reverse circulation drill holes representing over 190,000 feet of drilling.
More recently, the Company located and successfully acquired the historic drill core from Santa Fe Pacific Mining and Great Gray Resources' exploration programs in the MAN area (more than 76,780 feet of core from 95 holes; see News Release #07-11), as well as core from eight holes (over 7,200 feet) drilled by Bear Creek Exploration in the Courtland and South Courtland areas. Much of this core was only assayed for copper; Aurelio has been systematically re-logging, re-sampling and re-assaying this core for gold, silver, lead and zinc, and adding the results to the company's exploration database. Aurelio anticipates that upon completion of this program, that the MAN area resource will be significantly expanded.
Drilling undertaken by Aurelio in 2006 and 2007 confirmed the prior work by Newmont Mining and Santa Fe Pacific Mining in the Courtland area, and the Company's geologists are preparing an updated in-house resource estimate for this zone.
In early 2007, Aurelio discovered a major near-surface oxide copper and zinc deposit in the South Courtland area. Through the end of September, Aurelio has drilled more than 30 holes to delineate this new discovery, which remains open along strike and at depth. Drilling results have established economic grades and thicknesses, and the Company is very encouraged by the continuity of the mineralization. Metallurgical testwork is in progress, and an NI 43-101 resource estimate for South Courtland area is scheduled for early 2008.
The Company is nearing completion of an independent review of its in-house estimate of the mineralized material in the MAN area. These results will be communicated to shareholders as soon as they become available.
Lastly, the Company anticipates filing a listing application for a TSX Venture Exchange listing in Canada later this month. The Company intends to maintain its OTCBB and Frankfurt Exchange listings regardless of whether it obtains a listing on the TSX Venture Exchange, of which there is no assurance. A NI 43-101 Technical Report concerning the Hill Copper-Zinc Project is in the final stages.
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 is located east of Tucson, AZ and 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. Presently, the in-house calculated resource for the entire Hill project is estimated by the Company to be approximately 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 of Aurelio Resource Corporation
Contacts:
Stephen B. Doppler Diane Dudley
Chairman Investor Relations
303-795-3030 303-945-7273 (direct)
800-803-1371 303-945-7270 (fax)
