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Wednesday, 22nd August 2007 (2707 views)

Gold exploration company Aurelian Resources has announced that it has struck gold during infill drilling at Fruta Del Norte on the Condor Project in south-eastern Ecuador.

According to Aurelian, drilling intersected 158.40 metres grading 25.21 grammes per tonne (g/t) of gold, 70.45 metres grading 9.15 g/t of gold and 134.97 metres grading 5.61 g/t of gold.

The company also noted that drill holes on the eastern edge of the deposit assayed 236.50 metres grading 2.81 g/t of gold.

"With the current resource definition drilling programme completed, our efforts to better define the northern and southern extents of [the deposit] are now the priority for drilling," commented Patrick Anderson, Aurelian's president.

He noted that currently, a drill rig is being mobilised to the Papaya target, north of the gold area.

Aurelian focuses on the exploration, discovery and production of gold in Ecuador.

 

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