Aurelian Resources Inc.
TSX VENTURE : ARU

Aurelian Resources Inc.

May 11, 2006 15:59 ET

Aurelian Grants Options to Directors and Employees

TORONTO, ONTARIO--(CCNMatthews - May 11, 2006) - Aurelian Resources Inc. (TSX VENTURE:ARU) announces the granting of incentive stock options to certain directors and employees to purchase up to 490,000 common shares under the Company's Incentive Stock Option Plan. The options will be granted for a period of five (5) years exercisable at a price of $4.10 per share.

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 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 HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

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