Aurelio Resource Corporation News Release on Board Changes and Consulting Arrangement with Stephen R. Stine

Contract Categories: Business Operations MOUs
Summary

Aurelio Resource Corporation announced that Stephen R. Stine has resigned from its Board of Directors and as Chief Operating Officer but will continue to work with the company as a consultant for metallurgical and processing matters. The company, focused on mineral exploration and development, thanked Mr. Stine for his contributions and provided updates on its projects. The release also includes standard forward-looking statements and risk disclosures for investors.

EX-10.01 2 rrd203455_24056.htm NEWS RELEASE #08-09 AURELIO COMPLETES $1

AURELIO STRENGHTENS BOARD OF DIRECTORS

LITTLETON, COLORADO, April 21, 2008 News Release #08-09

Aurelio Resource Corporation (OTCBB : AULO, Frankfurt : F3RA) reports that Stephen R. Stine has stepped down from the Board of Directors and has also resigned his position as Chief Operating Officer, but has agreed to remain involved with Aurelio on a consulting basis for metallurgical and processing-related matters.

Aurelio's President Stephen B. Doppler stated that "We thank Mr. Stine for his valuable contributions during this formative period of the Company, and wish him success in his future endeavors."

About the Company

Aurelio Resource Corporation is a mineral exploration company focused on fast-track development of its wholly-owned Hill Copper-Zinc Project, which the Company believes contains a number of low-cost, bulk-tonnage, open-pit-mineable deposits close to surface containing significant amounts of copper, zinc, silver and gold. The Company has previously announced an independent estimate of the mineralized material at the MAN Area of the Project totaling 63.8 million tons at an average grade of 0.56% copper-equivalent. Aurelio has also acquired the rights to explore, and an option to purchase, the Gavilanes gold porphyry deposit in Durango, Mexico.

On behalf of the Board of Directors of Aurelio Resource Corporation

Contacts:

Stephen Doppler Diane Dudley

President & CEO Investor Relations

303 ###-###-#### ###-###-#### (direct)

800 ###-###-#### ###-###-#### (fax)

For additional information, please visit our website (www.AurelioResource.com) and/or send an email to ***@***.

Legal Notice Regarding Forward Looking Statements

Statements in this news release that are not historical are forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "aims", "potential", "goal", "objective", "prospective", and similar expressions, or that events or conditions "will", "would", "may", "can", "could" or "should" occur. Information inferred from the interpretation of drilling results and information concerning mineral resource estimates may also be deemed to be forward-looking statements, as it constitutes a prediction of what might be found to be present when and if a project is actually developed. Forward-looking statements in this news release include: that our property contains a number of potentially low-cost, bulk-tonnage, open-pit-mineable deposits close to surface containing significant amoun ts of copper, zinc, silver and gold.

It is important to note that the Company's actual outcomes may differ materially from those statements contained in this press release. Factors which may delay or prevent these forward looking statements from being realized include misinterpretation of data; that we may not be able to keep our qualified personnel; that funds expected to be received may not be; that our estimates of mineral resources are inaccurate; uncertainties involved in the interpretation of drilling results and other tests and the estimation of resources; that we may not be able to get equipment or labor as we need it; that we may not be able to raise sufficient funds to complete our intended exploration, purchase, lease or option payments; that our applications to drill may be denied; that weather, logistical problems or hazards may prevent us from exploration; that analysis of data cannot be done accurately and at depth; that results which we have found in any particular location are not necessarily indicative of larger areas of our property; and that despite encouraging data there may be no commercially exploitable mineralization on our properties. Readers should refer to the risk disclosures outlined in the Company's most-recent Form 10-K and Form 10-Q Reports filed with the Securities and Exchange Commission.