Analysis of the global market, liquidity, supply and demand, gold as a monetary asset. Market news and reports

www.marketintelligence.gold.org

Gold

It's phase two for Aurelian Resources > Gold News > World Gold Council, gold market information and intelligence

 

It's phase two for Aurelian Resources

Friday, 19th August 2005 (2465 views)

A total of 19 samples taken from Aurelian Resources' Bella Vista prospect contain more than 2 g/t of gold.

The company owns the Bella Vista prospect at the Condor Project in southeast Ecuador and is about to embark upon its second stage of exploration there.

The now completed phase one identified five mineralised structures in addition to the existing stream sediment anomaly.

The highest return from a sample, of which 197 were taken, was 23.3 g/t of gold and this sample also contained 50 g/t of silver.

Results from phase two are expected within two months. Company president, Patrick Anderson, outlined the exploratory phase two as including "a program of line-cutting, mapping, geochemistry and geophysics using the company's magnetometers".

Aurelian Resources controls more than 95,000 hectares of mining concessions in the Cordillera del Condor area of Ecuador, which has been mined for over 400 years.


track© Adfero Ltd

 

« Back to the stories

 

The news feeds on this site are independently provided by Adfero Limited © and do not represent the views or opinions of the World Gold Council.

News Archive:

 
 

Search

Search our gold investment information.

  • Gold Spot Price
  • Bid:[Retrieving Data]
  • Ask:[Retrieving Data]
  • Last Update:[Retrieving Data]
© 2008 World Gold Council - all rights reserved. Produced and managed by CFP Group.