Transmitted by CNW Group on : August 19, 2008 09:23

Aurelian Update on FDN Infill and Other Drill Results from Condor Project

	    Trading Symbol TSX:ARU

	    TORONTO, Aug. 19 /CNW/ - Aurelian Resources Inc. (TSX:ARU) today
announced additional drill results from the Fruta Del Norte ("FDN")
gold-silver deposit discovered in its Condor Project in southeastern Ecuador.
The majority of the results are from infill holes in the central high grade
part of the system (9583300N to 9583700N). These new data come from
exploration activity that was completed prior to the April 2008 suspension of
activities but on which QA/QC, verification and review have just been
completed. Aurelian also reported on other drilling on the Condor project to
the east and the west of FDN.
	    The infill results from FDN include 95.56 metres grading 38.18 g/t of
gold ("Au") and 23.9 g/t of silver ("Ag") in CP-08-198, 149.09 metres grading
25.40 g/t of Au and 23.1 g/t of Ag in CP-08-204, 134.95 metres grading
22.39 g/t of Au and 14.1 g/t of Ag in CP-08-206 all on section 9583350N and
202.65 metres grading 15.70 g/t of Au and 20.8 g/t of Ag in CP-08-201 on
section 9583450N.
	    "The new drill results confirm the continuity of geology and grade in the
central part of FDN," said Patrick F.N. Anderson, President and CEO. "This
drill program was intended to increase the drill density within the known
resource envelope and to provide support for upgrading a portion of the
existing Inferred Mineral Resource to the Indicated category. Unfortunately we
were unable to complete the infill program due to the Mining Mandate
suspension. While an updated resource estimate is underway by Micon
International Ltd. and P&E Mining Consultants Inc., these same consultants
anticipate that very little of the existing Inferred Mineral Resource will be
upgraded to the Indicated category by using the currently completed drilling.
Our consultants have also advised us that they do not anticipate the currently
completed drilling will result in a significant material change in the tonnage
or grade of the mineral resources at the deposit."
	    As of Aurelian's press release dated October 4, 2007, calculations at the
FDN deposit returned an initial Inferred Mineral Resource of 58.9 million
tonnes grading 7.23 g/t of gold and 11.8 g/t of silver for 13.7 million ounces
of contained gold and 22.4 million ounces of contained silver, determined at a
cut off grade of 2.3 g/t gold-equivalent (Report titled "A Mineral Resource
Estimate for the Fruta del Norte Deposit, Cordillera del Condor Project,
Zamora-Chinchipe Province, Ecuador" and dated November 15, 2007 filed on
www.sedar.com). The results reported in today's release were not included in
that calculation.

	    FDN Results
	    ------------

	    Mineralized intercepts (uncut and cut) from 31 FDN drill holes are
tabulated below. The intercepts are calculated with the 2.3 g/t Au Eq lower
cut, the same used in the Inferred Mineral Resource estimate; this cut off is
used in the description of results in the following text (unless otherwise
stated). Maps, cross sections, photos, gold and silver assay data from this
and previous press releases may be viewed at www.aurelian.ca.