Aurelian Resources Inc.

Aurelian Resources Inc.

March 15, 2005 10:04 ET

Drilling Program Starts at the Aurelian Condor Project


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: AURELIAN RESOURCES INC.

TSX VENTURE SYMBOL: ARU

MARCH 15, 2005 - 10:04 ET

Drilling Program Starts at the Aurelian Condor Project

TORONTO, ONTARIO--(CCNMatthews - March 15, 2005) - Aurelian Resources
Inc. (TSX VENTURE:ARU) is pleased to announce the start of the 2005
exploration drilling program at its Condor project in southeastern
Ecuador.

Keith Barron, Vice President of Exploration says "Our latest surveys
indicate that many of our individual gold prospects are on the flanks of
continuous geophysical trends. In the core area of the concessions we
should think in terms of big structures and not isolated gold zones.
Some of these resistivity-chargeability anomalies are over 4 km in
length and we haven't found the ends of them yet."

The first diamond drill holes are designed to test an area of high
resistivity and chargeability coincident with a 600 metre wide
conventional gold-in-soils and MMI geochemical anomaly. This is a
prominent ridge where ridge and spur soil sampling has returned up to
1.4 gpt gold in soils. The area also represents a step out 300 metres
south-southeast along the trend of the Bonza-Penas deposit where
Aurelian previously released an inferred mineral resource of 517,100 oz
of gold at a grade of 1.07 gpt over a strike length of 725 metres (PR
14-12-04). Previously the best intersection from diamond drilling at the
Bonza-Penas deposit was 2.31 gpt gold over 101 metres (PR 08-04-04).

This program will consist of 6,000 metres of diamond drilling over a
minimum of 40 holes and will test numerous geophysical trends
(chargeability, resistivity and magnetics) which are coincident with
favourable geology and geochemistry over the core concession area of
1,200 hectares.

Two CAT 320 excavators are carrying out concurrent trenching programs in
the core concession at proposed drill sites. Trenches excavated to date
have intersected significant zones of quartz veining, hydrothermal
alteration and sulphides.

Resistivity, chargeability and magnetic survey images can be viewed at
http://www.aurelian.ca

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-V:ARU) junior resource
company engaged in the business of exploring for, with the ultimate goal
of developing and producing, precious and/or base metals from its
properties located in southeastern Ecuador which consists of 38 mining
concessions totaling approximately 95,000 hectares.

Forward Looking Statement:

The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this press release. 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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