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Gold/Mining/Energy : ARU.V Aurelian Resources Inc

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From: sageyrain3/29/2007 3:07:36 PM
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Comments on El Tigre prospect:

here is what Lateegras website says about the area-

This concession is fully covered by strongly altered and oxidized intrusive rocks with presence of limonite veins and some fully brecciated sections with sericitic alteration, angular alluvial gold in placers covers 70% of the area. The property is underlain by strongly altered intermediate porphyritic intrusive rocks containing weathered sericitic / chloritic alteration. Veins up to 4m wide of tectonically brecciated crystalline quartz with iron oxides have been intersected in nearby trenches by Aurelian Resources. Additionally, 1m float boulders discovered in the area have assayed up to 6.62g/t Au.

the mention of veins that have been encountered in trenches by Aurelian is interesting, here is what ARU's latest PR says about the area:

"El Tigre will be the second target drilled of the more than 30 gold targets we identified during our regional exploration program on the Condor project. Drilling will seek the source of the abundant coarse gold found at surface in streams and soil, and test coincident geological structure, ground magnetics and soil gold geochemical patterns.

I don't remember reading anything about trenches at El Tigre, so reading between the lines, they may have kept that info quiet in the past in an attempt to not spill the beans when they still had a hope of negotiating for the property.

This could be very interesting as they may have very well defined targets shown by rock samples from trenches that they have not been pounding the table about publicly.
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