LITTLETON, COLORADO, October 18, 2007 News Release #07-20
The Board of Directors of Aurelio Resource Corporation (OTCBB : AULO, Frankfurt : F3RA) would like to announce the following changes to the Company's management team and Board of Directors, effective October 16, 2007:
Stephen Doppler will be standing down from his position as Chairman to assume the duties of President and Chief Executive Officer (CEO); Mr. Doppler will remain a Director of the Company.
Dr. Fred Warnaars resigned his positions as President & CEO to become Chairman of the Board of Directors.
Dave Jonson has agreed to accept the newly-created position of Vice President (VP) Business Development. Earl Detra, currently the VP Exploration of Bolsa Resources, Inc., Aurelio's Arizona subsidiary, will replace Mr. Jonson as VP Exploration of the Company.
President and CEO Stephen Doppler said "Today's changes create a stronger balance within the Company to carry it forward. Dave Jonson, whom we credit with discovery of the Hill Copper-Zinc project, will now focus his time and energy on evaluating submittals and searching for the next major project for the Company. At the same time, Fred Warnaars will continue his endeavors in fund raising and investor relations, as well as concentrate his time on the development of our Gavilanes Gold Project in Mexico."
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 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:
Fred Warnaars Stephen Doppler Diane Dudley
Chairman President & CEO Investor Relations
303-797-3137 303-795-3030 303-945-7273 (direct)
800-803-1371 800-803-1371 303-945-7270 (fax)
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