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

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To: sageyrain who wrote (394)10/4/2007 12:57:04 PM
From: sageyrain  Read Replies (1) of 516
 
TORONTO, ONTARIO--(MARKET WIRE)--Oct 4, 2007 -- Aurelian Resources Inc. (Toronto:ARU.TO - News) today announced the first National Instrument 43-101-compliant, inferred mineral resource estimate for Fruta Del Norte (FDN), a buried epithermal gold-silver discovery on its wholly-owned Condor Project in south-eastern Ecuador. An initial inferred resource of 58.9 million tonnes grading 7.23 g/t gold (Au) and 11.8 g/t silver (Ag) for 13.7 million ounces of contained gold and 22.4 million ounces of contained silver was determined at a cut off grade of 2.3 g/t gold-equivalent. The company also announced preliminary metallurgical testing has confirmed that gold recoveries in the order of 85-95% can be obtained using well-proven gold-silver recovery processes.........

The inferred resource covers the area between lines 9582650N to 9583950N a distance of approximately 1,300 metres......


biz.yahoo.com

using 2 lines less of data (2700 and 3900 not used) I came up with a million less, so it would jibe pretty closely if I updated with the additional lines:

Resource calc:

Line          Au ozs
FDN
2800 359600
2900 1147300
3000 171400
3100 638485
3200 519315
3300 1333745
3400 3990145
3500 1354637
3600 1399190
3700 1391247
3800 304300
________

FDN total 12609364
B/LP 500000
________

Condor Proj. 13109364


Don't forget about the 500,000 ounces at B/LP.
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