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Aurelio Resource Corporation Announces the Start of Drilling at the Company's Courtland Copper Project, Arizona

Posted on: Thursday, 16 November 2006, 09:00 CST

Aurelio Resource Corporation (OTCBB:AULO) is pleased to announce that drilling has begun on the Company's wholly owned Courtland Copper project, located in the Turquoise Mining District, Cochise County, Arizona.

The Company is undertaking a 7,500-foot core drilling program designed to confirm and expand prior drilling at the project, where more than 60 core and RVC drill holes have been drilled by a number of major mining companies over the past 50+ years. Several previously drilled holes will be twinned; a number of additional in-fill and step-out holes are also planned, with the objective of increasing the previously delineated open-pittable resources.

Diamond drilling is being undertaken by Boart Longyear (Peoria, AZ). Core will be shipped to Skyline Labs in Tucson for preparation and assaying. The Company's Quality Assurance/Quality Control standards, policies and procedures are in place.

Pre-feasibility metallurgical test work will be performed by Resource Development Inc. (Arvada, Colorado) on each of the oxide, sulfide and mixed ore zones to determine metallurgical recovery rates and amenability of the mineralized zones to heap-leaching with SX/EW recovery of copper, and conventional mining, milling, flotation and concentration.

Contracts have also been signed with various consulting firms to begin collection of baseline environmental data at the Courtland and MAN copper projects.

Upon completion of the initial drilling and metallurgical test work program, Aurelio will commission an independent third-party calculation of mineral resources and mineable reserves at the Courtland and MAN copper projects as part of a larger pre-feasibility study of the two deposits. In preparation of this, the Company has begun digitizing the historical exploration databases from the two properties, which include core and RVC drill logs and assay data from 170 drill holes.

Further information concerning the Arizona drilling program will be released as it becomes available.

SAFE HARBOR STATEMENT

Statements in this news release that are not historical are forward-looking statements. Forward-looking statements in this news release include the Company undertaking a 7,500-foot core drilling program designed to confirm and expand prior drilling at the project; previously drilled holes will be twinned; a number of additional in-fill and step-out holes are also planned; that core will be shipped to Skyline Labs in Tucson for preparation and assaying; that pre-feasibility metallurgical test work will be performed by Resource Development Inc; that we will begin collection of baseline environmental data at the Courtland and MAN copper projects; and that we will commission an independent third-party calculation of mineral resources and mineable reserves at the Courtland and MAN copper projects.

It is important to note that the Company's actual outcomes may differ materially from those statements contained in this press release. Factors which may delay or prevent these forward-looking statements from being realized include misinterpretation of data; that we may not be able to keep our qualified personnel; that our estimates of copper resource are inaccurate; that we may not be able to get equipment or labor as we need it; that we may not be able to raise sufficient funds to complete our intended exploration; that our applications to drill may be denied; that weather, logistical problems or hazards may prevent us from exploration; that analysis of data cannot be done accurately and at depth; that results which we have found in any particular location are not necessarily indicative of larger areas of our property; and that despite encouraging data there may be no commercially exploitable mineralization on our properties. Readers should refer to the risk disclosures outlined in the Company's most recent 10-KSB and the Company's recent 8-K announcing the Aurelio acquisition filed with the Securities and Exchange Commission.

Source: Business Wire

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