Aurelio Completes Sale Of Silver Projects

 

LAKEWOOD, CO - Aurelio Resource Corporation reported that the Company has completed the previously-announced agreement with JKR Gold Resources, Inc. concerning the sale of four of the Company's gold / silver projects in Nevada.

The transaction provides JKR Gold with the exclusive option to acquire 100% of the Indian Creek, Robinson Creek, Crescent Valley North (CVN) and Safford Canyon projects (totaling 395 unpatented mining claims).

Upon satisfactory completion of the work commitment and receipt of the final cash payment, Aurelio will transfer title to the four projects to JKR Gold, and retain a 1% NSR production royalty on each of the projects.

Aurelio Resource Corporation recently acquired a portfolio exploration and development-stage gold projects in Nevada, most of which are located on or in-between the Carlin and Battle Mountain-Eureka Trends; several of the projects are situated along the Cortez-Carlin Trend, which conceptually links the Carlin and Battle Mtn - Eureka Trends in a similar fashion as does the Getchell Trend to the northwest. The Company also holds a 3% NSR interest in the Hill (Arizona) Copper-Zinc Project, which contains an estimated resource of 167.9 million tons grading 0.52% copper-equivalent. Aurelio has also acquired the rights to explore, and an option to purchase, the Gavilanes gold deposit in Durango, Mexico.

The company’s address is 12345 West Alameda Parkway, Suite 202, Lakewood, CO 80228, 303-795-3030.