Aurelian Update on FDN Infill and Other Drill Results from Condor Project

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[{"type":"text","content":"\n\n\n\nTrading Symbol TSX:ARU\n\n\nTORONTO, Aug. 19 /CNW/ - Aurelian Resources Inc. (TSX:ARU) today\nannounced additional drill results from the Fruta Del Norte ("FDN")\ngold-silver deposit discovered in its Condor Project in southeastern Ecuador.\nThe majority of the results are from infill holes in the central high grade\npart of the system (9583300N to 9583700N). These new data come from\nexploration activity that was completed prior to the April 2008 suspension of\nactivities but on which QA/QC, verification and review have just been\ncompleted. Aurelian also reported on other drilling on the Condor project to\nthe east and the west of FDN.\n\n\nThe infill results from FDN include 95.56 metres grading 38.18 g/t of\ngold ("Au") and 23.9 g/t of silver ("Ag") in CP-08-198, 149.09 metres grading\n25.40 g/t of Au and 23.1 g/t of Ag in CP-08-204, 134.95 metres grading\n22.39 g/t of Au and 14.1 g/t of Ag in CP-08-206 all on section 9583350N and\n202.65 metres grading 15.70 g/t of Au and 20.8 g/t of Ag in CP-08-201 on\nsection 9583450N.\n\n\n"The new drill results confirm the continuity of geology and grade in the\ncentral part of FDN," said Patrick F.N. Anderson, President and CEO. "This\ndrill program was intended to increase the drill density within the known\nresource envelope and to provide support for upgrading a portion of the\nexisting Inferred Mineral Resource to the Indicated category. Unfortunately we\nwere unable to complete the infill program due to the Mining Mandate\nsuspension. While an updated resource estimate is underway by Micon\nInternational Ltd. and P&E Mining Consultants Inc., these same consultants\nanticipate that very little of the existing Inferred Mineral Resource will be\nupgraded to the Indicated category by using the currently completed drilling.\nOur consultants have also advised us that they do not anticipate the currently\ncompleted drilling will result in a significant material change in the tonnage\nor grade of the mineral resources at the deposit."\n\n\nAs of Aurelian's press release dated October 4, 2007, calculations at the\nFDN deposit returned an initial Inferred Mineral Resource of 58.9 million\ntonnes grading 7.23 g/t of gold and 11.8 g/t of silver for 13.7 million ounces\nof contained gold and 22.4 million ounces of contained silver, ...

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