SOURCE: Global Developments, Inc

November 16, 2006 13:28 ET

GLOBAL INVESTMENT UPDATE: Aurelio Resource Corporation Announces the Start of Drilling at the Company's Courtland Copper Project, Arizona

VANCOUVER, BC -- (MARKET WIRE) -- November 16, 2006 --



Vancouver, BC -- November 16, 2006 -- Global Developments, Inc. (PINKSHEETS: GBDP), a publicly traded venture capital company, is pleased to provide the following update with respect to Aurelio Resource Corporation, a mineral exploration company in which Global holds an equity stake.

Littleton, CO - November 16, 2006 -- Aurelio Resource Corporation (OTCBB: AULO) is pleased to announce that drilling has begun on the Company's wholly owned Courtland Copper project, located in the Turquoise Mining District, Cochise County, Arizona.

The Company is undertaking a 7,500-foot core drilling program designed to confirm and expand prior drilling at the project, where more than 60 core and RVC drill holes have been drilled by a number of major mining companies over the past 50+ years. Several previously drilled holes will be twinned; a number of additional in-fill and step-out holes are also planned, with the objective of increasing the previously delineated open-pit resources.

Diamond drilling is being undertaken by Boart Longyear (Peoria, AZ). Core will be shipped to Skyline Labs in Tucson for preparation and assaying. The Company's Quality Assurance/Quality Control standards, policies and procedures are in place.

Pre-feasibility metallurgical test work will be performed by Resource Development Inc. (Arvada, Colorado) on each of the oxide, sulfide and mixed ore zones to determine metallurgical recovery rates and amenability of the mineralized zones to heap-leaching with SX/EW recovery of copper, and conventional mining, milling, flotation and concentration. Contracts have also been signed with various consulting firms to begin collection of baseline environmental data at the Courtland and MAN copper projects.

Upon completion of the initial drilling and metallurgical test work program, Aurelio will commission an independent third-party calculation of mineral resources and mineable reserves at the Courtland and MAN copper projects as part of a larger pre-feasibility study of the two deposits. In preparation of this, the Company has begun digitizing the historical exploration databases from the two properties, which include core and RVC drill logs and assay data from 170 drill holes. Further information concerning the Arizona drilling program will be released as it becomes available.

About Aurelio Resources

Aurelio Resources is a publicly traded mineral exploration company whose objective is to become a mid-tier producing company by focusing to acquire, explore and develop mineral properties. In addition to the Company's present portfolio, only advanced stage projects will be considered for acquisition. Target sizes of future acquisition are focused only on projects with 'world-class' deposit potential of > 1 million oz. Au, > 50 million oz. Ag or 0.5 billion lb. Cu. For more information, please visit their website at www.aurelioresources.com.

About Global Developments

Global Developments, Inc. is a publicly traded venture capital company. It was formed to create a unique investment vehicle representing a growing portfolio of innovative and emerging growth-oriented companies. Global acquires its portfolio companies either as wholly or partially owned subsidiaries, or as an investment where Global is the lead investor. As a result, Global maintains substantial management and operational control, thereby giving it the ability to provide significant oversight and guidance in building value and creating liquidity events for its shareholders. Global invests in companies with solid management, operational excellence, and the potential to grow substantial revenue streams. Please visit http://www.globaldevelopmentsinc.com for more information.

Forward-Looking Statements

You should not place undue reliance on forward-looking statements in this press release. This press release contains forward-looking statements that involve risks and uncertainties. Words such as ``will,'' ``anticipates,'' ``believes,'' ``plans,'' ``goal,'' ``expects,'' ``future,'' ``intends,'' and similar expressions are used to identify these forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements for many reasons, including the risks we face as described in this press release. For further information about Global Developments, Inc. please refer to its Web site at http://www.globaldevelopmentsinc.com. Contact:

Leighton Dean Shareholder Communications (604)685-7552 info@globaldevelopmentsinc.com

Source: GLOBAL DEVELOPMENTS, INC.





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