Aurelian Resources Inc.

Aurelian Resources Inc.

May 07, 2007 08:52 ET

Aurelian Begins Drilling at El Tigre

TORONTO, ONTARIO--(CCNMatthews - May 7, 2007) - Aurelian Resources Inc. (TSX:ARU) today announced that a program of exploratory drilling has commenced at the company's El Tigre prospect. The program will attempt to locate the bedrock source of abundant, coarse, angular gold found in streams draining the target area, which is also marked by a distinct 800 metre by 400 metre gold in soils anomaly.El Tigre falls within Aurelian's wholly owned Condor Project in southeastern Ecuador and is approximately five kilometres to the east of the Fruta Del Norte (FDN) epithermal gold-silver discovery.

Maps and photographs relating to the El Tigre program can be viewed at

A tactic of step-out fan drilling is being adopted to test what is assumed to be a structure or intrusion-related target. The initial program will consist of approximately 3600 metres of drilling, which may be extended depending on results. A man-portable diamond drill capable of reaching depths of 600 metres is being used in the program, which is designed to test the coincident structural, geochemical and geophysical trends. Drill results for El Tigre will be released as analytical data are received, validated and compiled.

"El Tigre is the first gold target generated by our extensive regional survey to be tested by diamond drilling since the FDN discovery," says Aurelian President & CEO Patrick F. N. Anderson. "We have now reached a point where our infrastructure is sufficient to support and maintain multiple drill campaigns. While drilling at FDN continues to expand our flagship project, we plan to continue testing other targets identified in the regional program."

Tim Warman (P.Geo.), Aurelian's Vice President, Corporate Development, 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: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.

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.

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