Aurelian Starts Drilling High Grade Cross Structures At The Bonza-Las Penas Deposit.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 the commencement of a minimum of 600 metre diamond drilling Diamond Drilling is a highly specialized industry used for mineral exploration around the world. Most commonly using wireline and core bits with diamond encrusted matrix. To drill holes to max depths of twelve thousand feet, for the recovery of core used in verifying mineral program at the Penas and Penas East zones of the Bonza-Las Penas gold deposit on their Condor Project. This phase of drilling is targeted to intersect a zone of quartz-rhodochrosite epithermal veins trending east-west across the north-south oriented Bonza-Penas shear structure which were previously identified in 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. The program will test the extent 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. beneath trenches CP-TR-05-27 and CP-TR-05-28 which had intercepts of 26 m of 11 g/t of Au and 20.5 m of 3.03 g/t of Au respectively.
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TRENCH FROM TO LENGTH Au Ag TARGET
(m) (g/t) (g/t)
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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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"Our goal here is to prove the existence and continuity at depth of high grade zones within the Bonza-Las Penas deposit. A detailed soil 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 survey is also currently in progress, with the aim of identifying additional cross structures which are interpreted to control the higher grade mineralization in the Bonza-Las Penas deposit." 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 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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