Aurelian Resources Inc.
TSX VENTURE : ARU

Aurelian Resources Inc.

June 06, 2006 12:45 ET

Aurelian Intersects 189 Metres Grading 24 g/t 'Uncut' of Gold in Drilling at the FDN Epithermal Gold-Silver Discovery

TORONTO, ONTARIO--(CCNMatthews - June 6, 2006) - Aurelian Resources Inc. (TSX VENTURE:ARU) today announced a 189 metre intercept grading 24 g/t of gold, at its wholly-owned Condor Project in southeastern Ecuador. The intercept is from diamond drill hole CP-06-57 at the buried epithermal gold-silver discovery at Fruta Del Norte (FDN). The drill hole is located 100 m north of previously released intercepts from holes CP-06-51 (PR 05/04/2006) and CP-06-56 (PR 02/06/2006).

"We now have assay data from drill holes over 400 metres of strike of the FDN system and it remains open to the north, south and west." says Aurelian President & CEO Patrick F. N. Anderson. "Our 2 drills on site continue to step out to the north and west and we eagerly await the next set of results."

The Fruta Del Norte target is interpreted as a low to intermediate sulphidation epithermal gold-silver system. The mineralization is within a pull-apart basin and buried by conglomerate that is dominantly post-mineralization. The system is characterized by multiphase quartz-carbonate-sulphide stockwork veining and hydrothermal brecciation within intensely silicified andesitic volcanics.

An 11.52 m (down hole length) vein was intersected towards the end of the main interval and assayed 148.58g/t Au and 117g/t Ag, including a 35cm sample with significant visible gold assaying greater than 1000g/t Au (1000g/t Au was used in the interval calculation, over limit assaying is in progress) and 1130g/t Ag. The vein is interpreted to dip steeply west. Vein orientations in the drill core typically vary from 40 degrees to 90 degrees to the core axis, indicating the veins dip shallow to steeply west; the system is interpreted to strike north-south. There is still insufficient data to estimate a true width of the system.

Drill hole CP-06-57 intersected 17 occurrences of visible gold over the 189-metre interval. It occurs as fine disseminations in quartz veins and breccias, as fine seams or as larger pieces in quartz veins.

Results are summarized in the tables below. The first table lists uncut data while the second table shows intervals containing high-grade assays that have been re-calculated using a 31.1 g/t Au top cut. The drill hole has an azimuth of 90 degrees and a dip at the collar of 60 degrees, increasing to 62 degrees by the end of the hole. The location is displayed in the attached map and cross section. A complete list of results, photos, maps and cross sections may be viewed at www.aurelian.ca.



---------------------------------------------------------------------
Uncut data
---------------------------------------------------------------------
Cross Drill From To Interval Au Ag
Section hole (m) (m) (m) g/t g/t Comment
---------------------------------------------------------------------
CP-06-57 196.35 385.55 189.20 24.00 21.4
-----------------------------------------------------------
including 205.30 215.80 10.50 38.61 20.2 Intensely
silicified
volcanics with
hydrothermal
brecciation
and veining
Disseminated
and fine
seams of
visible gold.
-----------------------------------------------------------
and 297.40 312.20 14.80 97.05 56.9 Hydrothermal
quartz breccia
and banded
quartz veining
(up to 1.33m
down hole
width).
Abundant
Disseminated
visible gold
in the
breccia.
Veining is
40 degrees to
60 degrees to
core axis.
9583400N -----------------------------------------------------------
and 318.00 320.55 2.55 34.85 21.2 Banded
quartz-
rhodochrosite
veins, 45
degrees to
70 degrees
to core
axis, with
visible
gold.
-----------------------------------------------------------
and 323.80 327.15 3.35 32.91 27.2 Stockwork
veining with
visible
gold.
-----------------------------------------------------------
and 346.25 357.77 11.52 148.58 117.0 Quartz-
rhodochrosite
vein with
abundant
visible gold
(approximately
45 degrees to
core axis)
-----------------------------------------------------------
CP-06-57 409.45 417.17 7.72 1.78 18.8
-----------------------------------------------------------
CP-06-57 425.17 429.70 4.53 3.20 16.7
-----------------------------------------------------------
CP-06-57 443.88 445.86 1.98 6.88 25.1
-----------------------------------------------------------
CP-06-57 454.83 455.60 0.77 1.30 100.0
---------------------------------------------------------------------
Note: intervals are calculated using a lower cut of 0.5g/t Au and no
top cut, they include a maximum of 5m internal waste.
---------------------------------------------------------------------



---------------------------------------------------------------------
lntervals with a top cut of 31.1g/t Au
---------------------------------------------------------------------
Cross Drill From To Interval Au Ag
Section hole (m) (m) (m) g/t g/t Comment
---------------------------------------------------------------------
CP-06-57 196.35 385.55 189.20 9.47 21.4
9583400N -----------------------------------------------------------
CP-06-57 425.17 429.70 4.53 2.76 16.7
---------------------------------------------------------------------
Note: intervals are calculated using a lower cut of 0.5g/t Au and a
top cut of 31.1g/t Au, they include a maximum of 5m internal
waste.
---------------------------------------------------------------------


Drilling continues to the north and west with our two rigs. A scissor hole is also planned on section 9583400N.

Drilling is comprised of NQ diamond core. The samples are sawed half core and were assayed at ALS Chemex's Vancouver Laboratory by 50g fire assay with an ICPAES or gravimetric finish. Metallic screen fire assays on the higher grade intervals are in progress. As part of quality-assurance, quality-control (QAQC) certified standards of known gold content are inserted every 20 samples, blanks at least every 20 samples and field and lab duplicates are taken every 25 samples. Standards, blanks and duplicates make up approximately 15% of the samples assayed. Half core samples have been retained on site for verification and reference purposes.

Stephen Leary, MAusIMM, 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 VENTURE:ARU) junior resource company engaged in the business of exploring, discovering and developing mineral wealth in Ecuador. The Condor Project properties are located in southeastern Ecuador and consist of 38 mining concessions totalling 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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