Aurelian Receives Assays of 11 g/t Gold Over 26 Metres in Bedrock Trench Samples on the Condor Project.TORONTO -- Aurelian Resources Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:ARU ARU Australian Rugby Union ARU Anglia Ruskin University (Cambridge and Chelmsford, UK) ARU Audio Response Unit ARU Ardhi University (Tanzania) ARU Aquarium Rescue Unit (band) ) is pleased to announce results of recent trenching at the Penas and Penas East zones on their Condor Project. Mechanized mech·a·nize tr.v. mech·a·nized, mech·a·niz·ing, mech·a·niz·es 1. To equip with machinery: mechanize a factory. 2. trenching at Penas has exposed a significant number of quartz-rhodochrosite epithermal veins trending east-west across the north-south oriented Bonza-Penas shear structure. Trench CP-TR-05-27 contains numerous 2 to 20 centimetre-wide banded quartz-rhodochrosite veins and pieces of veins within pyritic py·rite n. A brass-colored mineral, FeS2, occurring widely and used as an iron ore and in producing sulfur dioxide for sulfuric acid. Also called fool's gold, iron pyrites. fault breccia A fault breccia (IPA: /ˈbrɛtʃiə, ˈbrɛʃ-/, Italian: breach) is a geological feature formed on a fault line. When two sides of a fault rub together, bits of each rock are scraped off and come together under huge pressure to form a fault breccia and gouge gouge (gouj) a hollow chisel for cutting and removing bone. gouge n. A strong curved chisel used in bone surgery. gouge a hollow chisel for cutting and removing bone. . The orientation of the veining vein·ing n. Distribution or arrangement of veins or veinlike markings. is east-west, with vein and fault azimuths from 85 degrees to 120 degrees and dips from 44 degrees N to vertical. The trench has an orientation of 335 degrees. 150 metres north of this trench another cross structure containing rhodochrosite-quartz east-west veins has been mapped. These were exploited down to the shallow water See:
tr.v. re·in·ter·pret·ed, re·in·ter·pret·ing, re·in·ter·prets To interpret again or anew. re of this area to optimally target the high grade vein system, which now appears to lie within an envelope of lower grade gold-bearing sheared sheared adj. Shaped or finished by shearing, especially cut or trimmed to a uniform length: a sheared fur coat. Adj. 1. rock.
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TRENCH FROM TO LENGTH Au Ag TARGET
(m) (g/t) (g/t)
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CPW-TR-05-
20 49.80 51.80 2 0.72 0.4 Ubewdy
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and 55.80 57.80 2 2.00 1.1 Ubewdy
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and 85.80 87.80 2 1.43 4.5 Ubewdy
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and 165.00 167.00 2 1.51 0.8 Ubewdy
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and 173.00 177.00 4 1.01 1.0 Ubewdy
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and 207.00 219.00 12 1.46 5.9 Ubewdy
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and 227.00 233.00 6 1.30 8.3 Ubewdy
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and 259.00 269.00 10 1.01 0.7 Ubewdy
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and 384.00 386.00 2 0.92 0.1 Ubewdy
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CPW-TR-05-
20A 20.00 22.00 2 1.69 3.2 Ubewdy
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and 134.00 136.0 2 1.27 0.9 Ubewdy
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and 153.50 155.50 2 1.04 2.8 Ubewdy
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and 189.50 191.50 2 0.71 0.5 Ubewdy
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and 340.00 342.00 2 0.71 3.1 Ubewdy
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and 360.00 366.00 6 0.85 0.2 Ubewdy
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CP-TR-05-21 2.00 4.00 2.00 0.67 0.6 Penas East
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CP-TR-05-22 22.00 25.00 3.00 0.81 22.4 Penas East
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CP-TR-05-23 0.00 4.00 4.00 2.80 50.3 Penas East
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and 7.50 9.50 2.00 0.51 7.7 Penas East
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CP-TR-05-24 50.00 58.00 8.00 2.06 3.5 Penas East
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CP-TR-05-25 122.00 124.00 2.00 0.55 1.2 Penas East
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CP-TR-05-26 1.20 8.40 7.20 1.90 7.9 Penas East
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CP-TR-05-27 16.00 42.00 26.00 11.33 41.4 Penas
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including 30.00 32.00 2.00 35.00 28.1 Penas
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including 34.00 36.00 2.00 26.80 79.7 Penas
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and 42.00 48.00 6.00 6.40 48.4 Penas
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and 48.00 50.00 2.00 7.59 34.7 Penas
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and 50.00 54.00 4.00 2.04 8.3 Penas
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and 54.00 60.00 6.00 1.15 8.0 Penas
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CP-TR-05-28 0.00 2.00 2.00 0.70 4.1 Penas
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and 10.00 41.00 31.00 1.09 14.2 Penas
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and 70.30 72.00 1.70 1.19 8.0 Penas
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and 80.00 81.50 1.50 20.60 23.9 Penas
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and 90.00 110.50 20.50 3.03 12.4 Penas
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"These results demonstrate the existence of high grade zones within the Bonza-Las Penas deposit. Further exploration is planned to determine the extent of this higher grade cross structure and locate additional high grade zones" says President Patrick Anderson Patrick Anderson may refer to:
The interval in trench CP-TR-05-27 from 16 to 42 metres (11.33 g/t Au) was re-assayed for gold using metallic screen analysis. The composited results are 8.65 g/t gold indicating that the nugget Nugget A 15 year Gold FHLMC (Freddie Mac) bond; similar to a Dwarf. effect is fairly minimal. Visible gold is rarely seen at Las Penas. Analysis was performed by ALS Als (äls), Ger. Alsen, island, 121 sq mi (313 sq km), Sønderjylland co., S Denmark, in the Lille Bælt, separated from the mainland by the narrow Alensund. Chemex Ltd. of Vancouver, Canada, an ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9001 series accredited accredited recognition by an appropriate authority that the performance of a particular institution has satisfied a prestated set of criteria. accredited herds cattle herds which have achieved a low level of reactors to, e.g. laboratory facility, by 30 g charge fire assay for gold and atomic absorption for silver. Sample preparation was carried out by Chemex's preparation facility in Quito. Stephen Leary, AusIMM, is acting as Qualified Person in compliance with National Instrument 43-101 with respect to this release. He has reviewed the contents for accuracy. About Aurelian: Aurelian Resources Inc. is a publicly-listed (TSX-V:ARU) junior resource company engaged in the business of exploring for, with the ultimate goal of developing and producing, precious and/or base metals from its properties located in southeastern Ecuador which consists of 38 mining concessions totaling approximately 95,000 hectares. Forward Looking Statement: Some of the statements contained herein may be forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. which involve known and unknown risks and uncertainties. Without limitation, statements regarding potential mineralization Mineralization The process by which the body uses minerals to build bone structure. Mentioned in: Rickets mineralization, n the bioprecipitation of an inorganic substance. and resources, exploration results, and future plans and objectives of the Company are forward looking statements that involve various degrees of risk. The following are important factors that could cause the Company's actual results to differ materially from those expressed or implied by such forward looking statements: changes in the world wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability and the uncertainty of access to additional capital. THE TSX VENTURE EXCHANGE TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. Aurelian Resources Inc. (TSX VENTURE:ARU) |
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