Aurelian Resources Inc.

Aurelian Resources Inc.

July 16, 2007 08:45 ET

Aurelian Appoints COO to Oversee Development at FDN

TORONTO, ONTARIO--(Marketwire - July 16, 2007) - Aurelian Resources Inc. (TSX:ARU) today announced that George Bee, an experienced operations and project development executive, will join the company as its Chief Operating Officer effective the 1st of August. Mr. Bee was most recently Director, Technical Projects for Barrick Gold Corporation, where he has held a range of senior operational roles since 1989 when he first started with Barrick Goldstrike Mines Inc. in Nevada.

"We are delighted that George will be joining us," says Patrick F.N. Anderson, Aurelian's President and CEO. "The fact that we were able to attract such a seasoned mine-builder is a testament to the tremendous asset we have in Fruta del Norte, our Ecuadorian gold deposit. His appointment demonstrates our commitment to move FDN forward to production and to catapult Aurelian into the ranks of mid-tier producers."

As Aurelian's Chief Operating Officer, Mr. Bee will be responsible for moving the project forward towards production as well as maintaining the company's positive profile in Ecuador and ensuring best practices in environment, health and safety.

Mr. Bee's 27-year mining career began as a miner in a Cornish tin mine and has culminated in successively more responsible senior operational roles in one of the world's leading mining companies. He has brought along projects from an advanced exploration stage, through feasibility to construction and into production, including two gold mines - Veladero in Argentina and Pierina Mine in Peru. Mr. Bee has built and overseen various operational management teams and managed at existing mines, including Barrick's Goldstrike Mine. While working in South America, he led successful government and community relations programs that were critical to gaining social license. In addition to senior operational roles at Barrick, he was a senior manager at Kinross and Palabora Mining Company in South Africa. Mr. Bee holds a Bachelor of Science in Mining from the Camborne School of Mines. He is comfortable interacting at all levels of spoken and written Spanish.

About Aurelian:

Aurelian Resources Inc. is a publicly-listed (TSX:ARU) resource company engaged in the business of exploring, discovering and developing mineral wealth in Ecuador. The Fruta del Norte discovery lies at the heart of the Condor Project properties, located in south-eastern Ecuador and consisting of 38 mining concessions totaling approximately 95,000 hectares. Aurelian is committed to working with the government and people of Ecuador to achieve a modern, sustainable mining industry, which will play an important role in the future growth of the country. Visit for more information.

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 mineralisation 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.

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