Aurelian Reports Trench Results at 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 assay results from mechanical trenching on its La Zarza concession in southeastern Ecuador. Significant intervals of 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. have been returned from the Ubewdy, Penas East, and Aguas Mesas Sur areas. All of these areas lie outside the confines con·fine v. con·fined, con·fin·ing, con·fines v.tr. 1. To keep within bounds; restrict: Please confine your remarks to the issues at hand. See Synonyms at limit. of the inferred mineral resource at the Bonza - Las Penas zone (PR 14/12/04). Highlights received from the trenching program to date include: Penas East prospect - 10 metres averaging 4.99 g/t of gold (including 2 metres @ 21.9 g/t of gold) - 4 metres averaging 2.72 g/t of gold - 18 metres averaging 8.29 g/t of gold (including 2 metres @ 51 g/t of gold and also including 2 metres @ 10.25 g/t of gold). The true width of this interval is approximately 6 metres. Ubewdy prospect - 1.9 metres averaging 29.60 g/t of gold - 4 metres averaging 4.34 g/t of gold - 8.5 metres averaging 2.59 g/t of gold Aguas Mesa Sur - 10 metres averaging 5.37 g/t of gold (including 1.5 metres @ 24.7 g/t of gold) - 3 metres averaging 10.67 g/t of gold (including 1 metre @ 23.6 g/t of gold) - 2 metres averaging 15.76 g/t of gold (including 1 metre @ 27.3 g/t of gold) Exploration to date has defined a corridor of gold and silver epithermal mineralization that extends for over 2 kilometres and is between 200 and 300 metres in width. This corridor was delineated de·lin·e·ate tr.v. de·lin·e·at·ed, de·lin·e·at·ing, de·lin·e·ates 1. To draw or trace the outline of; sketch out. 2. To represent pictorially; depict. 3. by induced polarization Induced polarization (IP) is a geophysical imaging technique used to identify subsurface materials, such as ore. The method is similar to electrical resistivity tomography, in that an electric current is induced into the subsurface through two electrodes, and voltage is geophysical survey Geophysical survey refers to the systematic collection of geophysical data for spatial studies. Geophysical surveys may use a great variety of sensing instruments, and data may be collected from above or below the Earth's surface or from aerial or marine platforms. in January through March 2005. President Patrick Anderson Patrick Anderson may refer to:
adj. 1. Occupying the same area in space or happening at the same time: a series of coincident events. See Synonyms at contemporary. 2. gold geochemistry geochemistry, study of the chemical changes on the earth. More specifically, it is the study of the absolute and relative abundances of chemical elements in the minerals, soils, ores, rocks, water, and atmosphere of the earth and the distribution and movement of and resistivity-chargeability anomalies. We have been tackling these targets systematically by excavator ex·ca·va·tor n. An instrument, such as a sharp spoon or curette, used in scraping out pathological tissue. excavator (eks´k trenching, with the goal to bring them to the drill-ready stage." Diamond core drilling Diamond core drill bits are used to bore large holes in brick, concrete and stone. They are not generally used in other materials. The bit consists of a metal cylinder, usually relatively soft steel mounted on an arbor. is currently in progress in the corridor. In addition, two CAT 320 excavators have been carrying out trenching programs in the core concession at proposed drill sites. Trenches excavated to date have intersected significant zones of quartz veining vein·ing n. Distribution or arrangement of veins or veinlike markings. , hydrothermal hydrothermal, hydrothermic relating to the temperature effects of water, as in hot baths. alteration and sulphides. The excavators were mobilized off the property last week for the duration of the rainy season, after completing 6,162 metres of trenching. Final assays are still to be received for much of this work. A summary table of significant results from the trench sampling is shown below and a map with the most recent sample results is available on the Aurelian website at http://www.aurelian.ca Table 1: Significant Intersections from 2005 trenching program. Intervals are calculated using a 0.5g/t Au lower cut, no upper cut and a maximum of 3m internal waste.
Trench From (m) To (m) Length (m) Gold (g/t) Prospect
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CP-TR-05-07 0.0 4.0 4.0 0.76 Penas East
and 56.5 66.5 10.0 0.71
and 72.5 74.5 2.0 1.14
and 84.5 87.5 3.0 0.58
and 100.5 101.5 1.0 1.01
and 124.5 126.5 2.0 0.94
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CP-TR-05-08 8.0 18.0 10.0 4.99 Penas East
including 8.0 10.0 2.0 21.90
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CP-TR-05-09 5.0 9.0 4.0 2.72 Penas East
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CP-TR-05-11 126.5 128.5 2.0 0.64 Penas East
and 134.5 136.5 2.0 0.53
and 161.5 167.5 6.0 0.78
and 193.5 201.5 8.0 1.02
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CP-TR-05-15 0.0 18.0 18.0 8.29 Penas East
including 4.0 6.0 2.0 51.00
including 8.0 10.0 2.0 10.25
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CPW-TR-05-01 46.0 48.0 2.0 0.73 Ubewdy
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CPW-TR-05-02 30.7 32.6 1.9 29.60 Ubewdy
and 58.2 61.5 3.3 0.86
and 188.4 190.4 2.0 0.64
and 208.4 210.4 2.0 0.69
and 257.4 258.9 1.5 1.19
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CPW-TR-05-02B 42.5 44.5 2.0 0.61 Ubewdy
and 50.0 52.0 2.0 0.88
and 92.0 100.0 8.0 1.77
and 110.0 116.0 6.0 1.50
and 138.0 140.0 2.0 0.76
and 228.0 230.0 2.0 0.60
and 234.0 239.0 5.0 0.77
and 257.4 260.4 3.0 2.64
and 342.4 345.4 3.0 1.70
and 373.4 380.4 7.0 1.36
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CPW-TR-05-02C 38.0 40.0 2.0 0.72 Ubewdy
and 61.5 63.5 2.0 0.68
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CPW-TR-05-02D 80.0 86.0 6.0 0.72 Ubewdy
and 104.0 108.0 4.0 1.16
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CPW-TR-05-03 6.0 10.0 4.0 4.34 Ubewdy
and 51.4 59.9 8.5 2.59
and 91.9 93.9 2.0 0.52
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CPW-TR-05-04 68.0 72.0 4.0 2.17 Ubewdy
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CPW-TR-05-13 45.5 47.5 2.0 0.76 Ubewdy
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CP-TR-05-16C 4.0 8.0 4.0 1.76 Ubewdy
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CP-TR-05-16E 14.0 16.0 2.0 0.79 Ubewdy
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CP-TR-05-17A 8.0 10.0 2.0 0.80 Ubewdy
and 116.0 118.0 2.0 0.68
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CPA-TR-05-02 18.5 20.5 2.0 0.80 Aguas Mesa Sur
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CPA-TR-05-04 66.0 70.0 4.0 3.18 Aguas Mesa Sur
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CPA-TR-05-05 30.0 30.5 0.5 0.67 Aguas Mesa Sur
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CPA-TR-05-06 3.5 13.5 10.0 5.37 Aguas Mesa Sur
including 5.0 6.5 1.5 24.70
and 45.5 51.5 6.0 3.27
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CPA-TR-05-07 42.0 48.0 6.0 2.47 Aguas Mesa Sur
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CPA-TR-05-10 2.0 4.0 2.0 1.08 Aguas Mesa Sur
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CPA-TR-05-11 134.6 137.6 3.0 10.67 Aguas Mesa Sur
including 136.6 137.6 1.0 23.60
and 142.6 144.6 2.0 15.76
including 143.6 144.6 1.0 27.30
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Please note that trench directions are constrained con·strain tr.v. con·strained, con·strain·ing, con·strains 1. To compel by physical, moral, or circumstantial force; oblige: felt constrained to object. See Synonyms at force. 2. by topography and sufficient working area for the excavators, and that not all trenches are straight, nor at right angles so as to form a right angle or right angles, as when one line crosses another perpendicularly. See also: Right to the trend of the mineralization. Trenches have been sampled where visually mineralized min·er·al·ize v. min·er·al·ized, min·er·al·iz·ing, min·er·al·iz·es v.tr. 1. To convert to a mineral substance; petrify. 2. To transform a metal into a mineral by oxidation. 3. , and not always for their entire lengths. Samples are taken as 1m to 2m length continuous channels, with rock picks or chisels. Samples range from saprolite sap·ro·lite n. Soft, partially decomposed rock rich in clay and remaining in its original place. saprolite to fresh rock. 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, MAusIMM is acting as Qualified Person in compliance with National Instrument 43-101 with respect to this release. He has reviewed the contents for accuracy. In other news, Dr. Keith Barron Persondata NAME Keith Barron ALTERNATIVE NAMES SHORT DESCRIPTION English actor DATE OF BIRTH August 8 1936 PLACE OF BIRTH Mexborough, Yorkshire, England DATE OF DEATH PLACE OF DEATH Keith Barron is stepping down from his post as VP Exploration. Dr. Barron retains an ongoing close relationship with the company as both a Director and senior geological consultant. As part of the transition Steve Leary, MAusIMM., Tom Neelands, P.Geo and Daniele Spethmann, P.Geo. have joined the Aurelian team to further the development of the Condor project. This group of geoscientists bring with them nearly 60 years of combined experience in international mineral exploration. In addition, Carson Noel LLB LLB abbr. Latin Legum Baccalaureus (Bachelor of Laws) LLB Bachelor of Laws [Latin Legum Baccalaureus] Noun 1. , has taken the role of General Manager in Ecuador. Mr. Noel is a Canadian who has been resident in Ecuador for the past 12 years. He is the former General Manager of Hampton Court Resources Inc. 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 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 press release. Aurelian Resources Inc. (TSX VENTURE:ARU) |
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