Aurelian Resources Inc.
TSX : ARU

Aurelian Resources Inc.

March 10, 2008 09:14 ET

Aurelian Appoints Two New Board Members With Development, Finance and Production Experience

TORONTO, ONTARIO--(Marketwire - March 10, 2008) - Aurelian Resources Inc. (TSX:ARU) today announced that Colin K. Benner, Vice Chairman and CEO of Skye Resources Inc. and Jon A. Douglas, Senior Vice President and CFO of Northgate Minerals Corporation have been appointed to the company's Board of Directors, effective March 31, 2008.

"Colin and Jon bring valuable development, finance and production expertise to our Board," says William Fisher, Chairman. "As Aurelian makes the transition from advanced exploration to development of our Fruta del Norte deposit, our management team and board continue to evolve in preparation for the increased demands and responsibilities."

Colin K. Benner is a seasoned mining executive, with more than 40 years experience in the international mining industry. He was appointed Vice Chairman and CEO of Skye Resources earlier this month. Previously, Mr. Benner was CEO and Vice Chairman of Lundin Mining Corp., Vice Chairman and CEO of EuroZinc Mining Corp. and President and CEO of Breakwater Resources Ltd. He is a professional mining engineer and a graduate of the Haileybury School of Mines. Mr. Benner serves as a director on a number of other mining company boards, including Lundin Mining Corp., Major Drilling Group International, Inc., Sherwood Copper Corp., PBS Coals, Inc. and Gold Hawk Resources Inc.

Jon A. Douglas has 20 years of financial, commercial and management experience in the mining industry. He joined Northgate Minerals in 2001 as Senior Vice President and Chief Financial Officer. During his career at Northgate, he has overseen the financial transformation of the company from a junior gold mining company to a dual-listed (TSX and AMEX), SOX-404 compliant intermediate gold producer with operating mines in Canada and Australia. Prior to joining Northgate, Mr. Douglas worked for the Noranda Group of companies in the Corporate Development group at Noranda Inc. and on the commercial side of the mining and metals group at Noranda Sales Corporation. Mr. Douglas holds a BASc and an MASc in Chemical Engineering from the University of Toronto and an MBA from York University.

About Aurelian

Aurelian Resources Inc. is a publicly-listed (TSX:ARU) company engaged in exploring, discovering and developing mineral wealth in Ecuador. The Fruta del Norte (FDN) discovery lies at the heart of the Condor Project properties, located in south-eastern Ecuador and consisting of 38 mining concessions totalling approximately 95,000 hectares. The initial Inferred Resource for FDN was released in October 2007 and included 58.9 million tonnes grading 7.23 g/t gold and 11.8 g/t silver for 13.7 million ounces of contained gold and 22.4 million ounces of contained silver. 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 www.aurelian.ca 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.

Contact Information