Kann bloß gut für unsere Aquila sein....

das eine Mine von Rio Tinto ,in der Nähe von Aquila, schon fast die Genehmigung zum Bau in der Tasche hat.  

July 28, 2008
 Aquila Intersects Copper and Gold Rich South Limb Massive Sulfide
Including 4.3 meters of 26.1 grams per tonne gold and 366 grams per tonne silver
  TORONTO, ONTARIO--(Marketwire - July 28, 2008) - AQUILA RESOURCES INC. (TSX:AQA)(FRANKFURT:JM4A) ("Aquila" or the "Company") released results from an additional 10 step out and infill drill holes targeting the South Limb Massive Sulfide at the Back Forty Project in Michigan's Upper Peninsula. In addition to intercepts of the South Limb Massive Sulfide, mineralization was encountered above and below the South Limb target, representing unknown or new zones of mineralization. These drill hole results are part of an additional 170 holes drilled in the past year that will be incorporated in an updated National Instrument (NI) 43-101 resource expected later this summer.

Highlights include:

South Limb Massive Sulfide

- 6.2 meters of 2.3% copper and 0.9% zinc in LK-295

- 4.3 meters of 26.1 grams per tonne (g/t) gold and 366.0 g/t silver in LK-307

- 7.2 meters of 7.1 g/t gold and 63.8 g/t silver in LK-309

- 5.4 meters of 10.1% zinc and 0.24% copper in LK-291

- 5.0 meters of 1.0% copper and 1.7% zinc in LK-292


--------------------------------------------------
        All Intervals
            in Meters   Est.                                        
----------------------   True    g/t    g/t     %    %     %  Descrip- Zone
Hole #     From     To  Width     Au     Ag    Cu   Pb    Zn     tion   (ii)
--------------------------------------------------
                                                             Altered  
                                                            rhyolite
LK-248     21.5   24.5  3.0(i)  2.33  39.85  0.01 0.05  0.04     tuff    NS
                                                             Altered    
                                                            rhyolite
          38.0   41.0  3.0(i)  3.46  28.03  0.01 0.01  0.06     tuff    NS
--------------------------------------------------
                                                            Stringer    Un-
LK-287    407.0  411.1  4.1(i)  0.15   7.71  0.03 0.41  2.02 sulfides known
--------------------------------------------------
                                                                Semi-      
                                                             massive    Un-
LK-291    318.7  320.5  1.8(i)  1.27 185.13  0.30 3.02  6.56  sulfide known
                                                             S. Limb
                                                             massive South
         401.5  409.2    5.4   1.42  14.18  0.24 0.17 10.06  sulfide  Limb
                                                             Massive    Un-
         432.3  437.1  4.8(i)  1.26  16.09  0.55 0.17  0.13  sulfide known
                                                              Felsic  
         462.5  463.5  1.0(i)  6.96  49.00  0.20 0.45  0.02     dike   PM?
--------------------------------------------------
                                                             S. Limb
                                                             massive South
LK-292    371.0  398.2   22.7   0.79  17.11  0.50 0.17  0.69  sulfide  Limb
                                                             S. Limb
                                                             massive South
Including 381.5  387.5    5.0   1.05  32.95  0.98 0.16  1.70  sulfide  Limb
--------------------------------------------------
                                                             Altered
                                                            rhyolite    Un-
LK-295      4.5    9.2  4.7(i)  0.14   4.06  0.86 0.05  0.01     tuff known
                                                                Semi-
                                                             massive    Un-
         341.9  343.4  1.5(i)  0.72   2.26  0.37 0.34  8.62  sulfide known
                                                             S. Limb
                                                             massive South
         387.6  404.4   15.2   0.92  27.07  1.10 0.25  0.54  sulfide  Limb
                                                             S. Limb
                                                             massive South
Including 397.5  404.4    6.2   1.14  37.14  2.25 0.45  0.94  sulfide  Limb
                                                             Altered
                                                            rhyolite    Un-
         415.0  418.5  3.5(i)  0.36   6.92  0.90 0.02  0.14     tuff known
--------------------------------------------------
                                                                Semi-
                                                             massive    Un-
LK-301    394.9  395.9  0.9(i)  0.05   0.50  0.01 0.08  3.16  sulfide known
                                                             Altered
                                                            rhyolite    Un-
         445.5  447.2  1.7(i)  0.06  15.04  0.10 0.36  3.73     tuff known
--------------------------------------------------
                                                             Altered
                                                            rhyolite
LK-307     77.5   97.0 19.5(i)  1.65   14.17 0.06 0.22  0.88     tuff    NS
                                                             Altered
                                                            rhyolite
Including  85.0   88.0  3.0(i)  3.23    9.55 0.09 0.20  0.24     tuff    NS
                                                             Altered
                                                            rhyolite    Un-
         168.5  172.8  4.3(i) 26.14  366.03 0.19 2.12  0.87     tuff known
                                                             Altered
                                                            rhyolite    Un-
Including 168.5  171.5  3.0(i) 36.22  480.42 0.25 2.82  1.09     tuff known
                                                             S. Limb
                                                                semi-
                                                             massive  South
         172.8  185.6   10.6   1.08   28.92 0.06 0.22  2.24  sulfide   Limb
                                                             S. Limb
                                                                semi-
                                                             massive  South
Including 175.8  182.8    5.8   1.28   35.30 0.05 0.30  3.45  sulfide   Limb
--------------------------------------------------
LK-308                    No significant values
--------------------------------------------------
                                                             S. Limb
                                                             massive  South
LK-309    192.3  200.8    7.2   7.12   63.80 0.17 0.46  0.24  sulfide   Limb
                                                             S. Limb
                                                                semi-
                                                             massive  South
         211.3  215.9    3.5   6.01  173.80 0.35 1.67  0.54  sulfide   Limb
--------------------------------------------------
RS-3                      No significant values
--------------------------------------------------

(i)Drilled thickness, true thickness unknown

(ii)PM equals Porphyry Margin Gold Zone, NS equals NS Gold Zone, South Limb
equals South Limb Massive Sulfide

 Holes listed above include a 125 meter down dip step out of the South Limb in LK-291, as well as a 30 meter up-dip step out in LK-307. The holes also included intercepts of the NS Gold Zone, the PM Gold Zone, as well as other peripheral zones of precious metal and zinc mineralization.

As of March 2007 the South Limb and Hinge massive sulfides had a measured and indicated resource of 4 million tonnes grading 1.83 g/t gold, 18.59 g/t silver, 6.58% zinc, 0.25% copper, and these intercepts represent an important extension of those zones.

Drilling at the Back Forty Project currently consists of one drill rig focusing on the Deep Zone massive sulfide, and assay results from several holes targeting the East Zone massive sulfide, near surface definition of the Porphyry Margin Gold Zone, as well as strike extensions of the Pinwheel Zone are still pending.

Although the resource remains open to expansion and numerous other targets remain to be tested, the Company is temporarily slowing down its drill program at the Back Forty Project in order to focus on establishing a new NI 43-101 compliant mineral resource to form the basis for mine planning and scoping work required for a preliminary economic assessment. "We feel that our drilling over the past year and a half has resulted in significant expansion of the March 2007 resource zones, as well as definition of previously undefined gold zones, and that it is important to quantify these expansions and incorporate them into an economic framework," stated Tom Quigley, Aquila's President. Work continues to advance the updated 43-101 compliant resource estimate expected later this summer, and initial engineering studies related to mine planning and plant design have been implemented.

Further information about Aquila and the Back Forty Project including a map showing the location of the holes in this press release as well as the principle mineralized zones is available on the Company's website at www.aquilaresources.com.

Sample preparation and analyses for this release were conducted by Accurassay Labs in Thunder Bay, Ontario on split drill core supplied by Aquila. Standards were inserted in the sample sequences with check assays and re-run's routinely conducted. Tom Quigley, P.Geo. and President of Aquila is the Qualified Person as described in National Instrument 43-101 for the Back Forty Project and is responsible for the content of this press release.

Certain information regarding the Company contained herein may constitute forward-looking statements under applicable securities laws. Such statements are subject to known or unknown risks and uncertainties that may cause actual results to differ materially from those anticipated or implied in the forward-looking statements. The securities being offered have not and will not be registered in the United States under the United States Securities Act of 1933, as amended (the "1933 Act") or any state securities laws, and may not be offered or sold within the United States or to or for the account of benefit of U.S. persons absent U.S. registration or an applicable exemption from U.S. registration requirements. This news release does not constitute an offer to sell or a solicitation of an offer to purchase securities in the United States.

Shares Outstanding: 70,109,478


The Toronto Stock Exchange has not reviewed and does not accept responsibility for the contents of this release.
  CONTACT INFORMATION:
Aquila Resources Inc. (Toronto)
Robin Dunbar
CFO
(416) 203-1404
Email: info@aquilaresourcesinc.com

or

Aquila Resources Inc. (U.S.)
Thomas O. Quigley
President
(906) 753-9602
Email: toquigley@qwest.net
Website: www.aquilaresources.com

or

First Canadian Capital Corp.
Leo Karabelas
(416) 742-5600
Email: request@firstcanadiancapital.com
   INDUSTRY: Manufacturing and Production - Mining and Metals  

....hab jetzt noch mal ne Kauf-Order bei 0,25 € abgegeben.......

....mal sehen wann´s / ob´s passiert......  :-)  

meine steht bei 0,198, vorausgestzt das Volumen zieht an!  

Wie was 0,198?  

abwarten! die sehen wir bestimmt!  

....heute wurde meine Order bei 0,25 ausgeführt......  

auf die Minengenehmigung..... :-)

 

 

ich rechne die kommt erst im Herbst! bis dann vergeht noch viel Zeit! Wobei wenn man bedenkt hier sind noch Leute ober 1€ invistiert! Dank RsR!
Man wird hier noch einen sehr langen Atem brauchen, aber natürlich ist Aquilia immer für einen Zock gut!  

....denen die einen langen Atem brauchen (1,04 €), aber für´n Zock ist mein Durchschnittskurs auch noch nix...... :-(

Gruß

 

 

ich war in Aquilia auch invistiert (glücklicherweise beim Hype) habe dafür aber auch 2 Depotleichen (Vg Gold und Commerce Ressource) bei Commerce und Aquillia braucht man einfach unmenge von Geduld 2-3 Jahre noch bis zur Produktion, aber die Wahrscheinlichkeit, dass sie produzieren ist groß.
Darum beobachte ich den Wert immer noch! und wünsche Dir natürlich auch, dass Du deinen Durchschnittkurs von oben wieder siehst!  

....noch mein geringstes Problem.......der Sache sehe ich "noch" positiv gegenüber......

Sagt Dir UPDA und Northern Rock etwas.......... :-(

 

 

Ihr tut mir leid...
Wer außer Dummköpfen (Zitat Kostolanyi) kauft in einem derartigen Abwärtstrend?
Ich habe Aquila auf der Watchlist, aber wir gesagt nur dort. Denn solang der Abwärtstrend intakt ist, lass ich die Finger weg.
 

Er sagte aber auch, dass es der dümmste Grund ist eine Aktie zu kaufen, weil sie steigt!

Ich habe sie und behalte sie. Am Grund sie zu kaufen hat sich nichts geändert.  

aktueller Kurs 0,190 immer noch abwarten ist angesagt!  

...das es mal so weit runter geht........  

August 18, 2008
 Aquila Reports New Porphyry Margin Gold Intercepts
Including 8.4 meters of 6.9 g/t gold, and 2.1 meters of 14.6 g/t gold and 285.8 g/t silver
  TORONTO, ONTARIO--(Marketwire - Aug. 18, 2008) - AQUILA RESOURCES INC. (TSX:AQA)(FRANKFURT:JM4A) ("Aquila" or the "Company") released results from an additional five holes targeting porphyry margin (PM) precious metal mineralization as well as infill sampling from three holes testing both PM and near surface (NS) gold horizons at its Back Forty Project in the Upper Peninsula of Michigan. The results reported below continue to show the significance of precious metal mineralization at the Back Forty Project. The PM Gold Zone, like the 90 Gold Zone, was not included in last year's resource calculation, and will likely add significantly to the precious metal content of the Back Forty massive sulfide deposit in the upcoming NI 43-101 expected later this summer.

Significant Intercepts:

- 2.1 meters (m) of 14.6 grams/tonne (g/t) gold and 285.8 g/t silver in LK-324

- 10.3m of 2.3 g/t gold and 4.7 g/t silver in LK-326

- 2.5m of 25.1% zinc and 2.1 g/t gold (unknown massive sulfide) in LK-326

- 1.1m of 67.9 g/t gold and 48.9 g/t silver in 108427

- 8.4m of 6.9 g/t gold and 2.1 g/t silver in LK-145P

-- Including 2.5m of 15.2 g/t gold and 2.8 g/t silver


--------------------------------------------------
                 All
           Intervals
           in Meters    Est.
---------------------   True    g/t     g/t   (%)  (%)   (%)  Descri-  Zone
Hole #     From    To  Width     Au      Ag   Cu   Pb    Zn    ption    (ii)
--------------------------------------------------
LK-324(i)  38.0  42.5  4.5(i)  1.57    4.00 0.01 0.03  0.62  Sulfide    Un-
                                                          stringers  known
          77.0  78.5    0.9   3.78    0.60 0.01 0.00  0.04   Quartz     PM
                                                           feldspar
                                                           porphyry
          86.0  87.5    0.9   3.96    4.20 0.01 0.00  0.03   Quartz     PM
                                                           feldspar
                                                           porphyry
         124.5 128.0    2.1  14.55  285.94 0.13 2.72  0.06 QFP+SMAS     PM
Including 125.2 126.9    1.0  28.96  573.41 0.23 5.54  0.05   Quartz     PM
                                                           feldspar
                                                           porphyry
--------------------------------------------------
LK-325(i)  13.5  24.0 10.5(i)  1.46    4.91 0.06 0.05  0.34  Altered    Un-
                                                           rhyolite  known
                                                               tuff
          25.5  28.5    2.0   1.89    6.50 0.03 0.06  0.36   Quartz     PM
                                                           feldspar
                                                           porphyry
          66.3  67.3    0.6   5.48  174.28 0.13 6.03  0.62 QFP+RCTF     PM
         113.5 115.9  2.4(i)  0.49    9.45 0.02 0.14  4.02  Altered    Un-
                                                           rhyolite  known
                                                               tuff
--------------------------------------------------
LK-326(i)   9.0  21.0   12(i)  2.33    4.74 0.04 0.02  0.02 RCTF+QFP   ?/PM
          33.0  34.5    1.3   7.74    2.20 0.06 0.02  0.94   Quartz     PM
                                                           feldspar
                                                           porphyry
          42.0  43.5    1.3   4.33    0.40 0.00 0.01  0.49   Quartz     PM
                                                           feldspar
                                                           porphyry
          59.0  63.5  4.5(i)  0.94    3.23 0.02 0.05  3.03  Sulfide    Un-
                                                          stringers  known
          64.6  67.1  2.5(i)  2.14    9.12 0.20 0.03 25.11  Massive    Un-
                                                            sulfide  known
          70.0  88.5 18.5(i)  0.59    5.08 0.02 0.12  2.55  Sulfide    Un-
                                                          stringers  known
          94.5 100.5  6.0(i)  0.40    7.35 0.02 0.15  2.25  Sulfide    Un-
                                                          stringers  known
--------------------------------------------------
LK-329(i)   5.5   7.0  1.5(i)  5.53   43.70 0.02 0.39  0.01  Altered    Un-
                                                           rhyolite  known
                                                               tuff
          23.5  26.5  3.0(i)  2.22   16.25 0.10 0.16  0.28  Altered    Un-
                                                           rhyolite  known
                                                               tuff
          28.5  28.9    0.3   2.66 1480.00 1.74 4.55  2.56  Altered     PM
                                                           rhyolite
                                                               tuff
          62.0  70.0  8.0(i)  1.73    9.64 0.06 0.19  3.00  Sulfide    Un-
                                                          stringers  known
          74.5  77.5  3.0(i)  0.51    3.90 0.04 0.12  3.76  Sulfide    Un-
                                                          stringers  known
--------------------------------------------------
LK-332(i)  52.3  53.2    0.7   4.77  146.00 0.15 4.13  0.35   Quartz     PM
                                                           feldspar
                                                           porphyry
--------------------------------------------------
108423(i) 118.0 118.5    0.4   2.78   33.20 0.01 0.93  0.03  Quartz-     PM
                                                           feldspar
                                                           porphyry
--------------------------------------------------
108427(i) 136.0 137.0    0.7   2.66   60.00 0.04 1.28  0.05  Quartz-     PM
                                                           feldspar
                                                           porphyry
         141.3 145.0    2.6   2.74  157.50 0.08 2.83  0.19 QFP+MFDK     PM
         168.5 170.0    1.1  67.90   48.90 0.05 0.16  0.15  Quartz-     PM
                                                           feldspar
                                                           porphyry
--------------------------------------------------
LK-145P    18.0  26.4  8.4(i)  6.92    2.07 0.01 0.08  0.00  Altered     NS
                                                           rhyolite
                                                               tuff
Including  22.0  24.5  2.5(i) 15.19    2.80 0.01 0.10  0.00  Altered     NS
                                                           rhyolite
                                                               tuff
--------------------------------------------------

(i) Drilled thickness, true thickness unknown
(ii) PM equals Porphyry Margin Gold Zone, NS equals NS Gold Zone

 The PM Gold Zone is a significant gold and silver enrichment along a late quartz-feldspar intrusive dike, and remains open to expansion in all directions. The newly discovered NS Gold Zone is hosted in strongly altered and sheared rhyolites at the surface.

Results reported above include important, near surface extensions of previously defined porphyry margin gold mineralization. LK-324, 325, and 326 are a series of overcuts of a previously released PM intercept in LK-149, which assayed 11.8m of 10.9 g/t gold. LK-326, the largest of these step outs returned 12m of 2.3 g/t gold as well as 1.5m 7.7 g/t silver and is an approximate 100m overcut of LK-149. LK-329 and LK-332 are 25m and 75m, respectively, east step outs from this series of holes all targeting near surface extensions of previously reported PM Zone gold mineralization. A schematic diagram showing some of these intercepts, as well as a plan map showing drill hole locations is available on the company's website.

As well as important porphyry margin intercepts, these drill holes also intersected near surface gold and zinc mineralization in altered rhyolites, sulfide stringers, and massive sulfides adjacent to the PM zone. Infill sampling in LK-145P of strongly altered and sheared rhyolites, typical of the host rock to the near surface (NS) gold zone, returned impressive gold values of 8.4m of 6.9 g/t gold including 2.5m of 15.2 g/t gold.

Sample preparation and analyses for this release were conducted by Accurassay Labs in Thunder Bay, Ontario or ACT Labs in Thunder Bay, Ontario on split drill core supplied by Aquila. Standards were inserted in the sample sequences with check assays and re-run's routinely conducted. Tom Quigley, P.Geo. and President of Aquila is the Qualified Person as described in National Instrument 43-101 for the Back Forty Project and is responsible for the content of this press release.

A map showing the location of the holes in this press release as well as the principle mineralized zones is available on the Company's website at www.aquilaresources.com.

Certain information regarding the Company contained herein may constitute forward-looking statements under applicable securities laws. Such statements are subject to known or unknown risks and uncertainties that may cause actual results to differ materially from those anticipated or implied in the forward-looking statements. The securities being offered have not and will not be registered in the United States under the United States Securities Act of 1933, as amended (the "1933 Act") or any state securities laws, and may not be offered or sold within the United States or to or for the account of benefit of U.S. persons absent U.S. registration or an applicable exemption from U.S. registration requirements. This news release does not constitute an offer to sell or a solicitation of an offer to purchase securities in the United States.

Shares Outstanding: 70,109,478


The Toronto Stock Exchange has not reviewed and does not accept responsibility for the contents of this release.
  CONTACT INFORMATION:
Aquila Resources Inc. (Toronto)
Robin Dunbar
CFO
(416) 203-1404
Email: info@aquilaresourcesinc.com

or

Aquila Resources Inc. (U.S.)
Thomas O. Quigley
President
(218) 733-1452
Email: toquigley@qwest.net
Website: www.aquilaresources.com

or

First Canadian Capital Corp.
Leo Karabelas
(416) 742-560
Email: request@firstcanadiancapital.com
   INDUSTRY: Manufacturing and Production - Mining and Metals  

 

Der Chart sollte schon auch noch mit. Sorry!  

August 25, 2008
 Aquila Moves Forward With a Preliminary Economic Assessment of the Back Forty Project
  TORONTO, ONTARIO--(Marketwire - Aug. 25, 2008) - AQUILA RESOURCES INC. (TSX:AQA)(FRANKFURT:JM4A) ("Aquila" or the "Company") is pleased to announce plans for completion of a National Instrument 43-101 compliant Preliminary Economic Assessment (PEA) of its Back Forty Project in the Upper Peninsula of Michigan, USA. The study has been contracted with SRK Consultants Inc. of Toronto, Canada, and will involve a scoping level evaluation of mine and associated infrastructure design and layout, capital and operating costs, and economic potential of the Back Forty Project.

The study, which is targeted for completion in early to mid 2009, will incorporate information from the updated 43-101 resource calculation currently in progress by SRK Consultants, Inc., expected to be completed later this fall. The PEA will also incorporate results from recently completed metallurgical studies of Back Forty ores, and will also consider environmental constraints and permitting requirements, as well as geotechnical, hydrological, and cultural considerations.

A variety of specialists will assist SRK in the study, including Environmental Resource Management (currently involved with baseline environmental work at the project), Foth Infrastructure and Environment LLC, and Golder Associates Ltd.

"This preliminary assessment will be an important milestone for the Company," stated Tom Quigley, Aquila's President. "We are looking forward to putting the new Back Forty mineral resource into an economic context, with the goal of putting together an environmentally protective, sustainable development plan to make the project a win-win situation for Aquila and all stakeholders."

More information about Aquila is available at the Company's website at www.aquilaresources.com. Tom Quigley, P.Geo. and President of Aquila is the Qualified Person as described in National Instrument 43-101 for the Back Forty Project and is responsible for the content of this press release.

Certain information regarding the Company contained herein may constitute forward-looking statements under applicable securities laws. Such statements are subject to known or unknown risks and uncertainties that may cause actual results to differ materially from those anticipated or implied in the forward-looking statements. The securities being offered have not and will not be registered in the United States under the United States Securities Act of 1933, as amended (the "1933 Act") or any state securities laws, and may not be offered or sold within the United States or to or for the account of benefit of U.S. persons absent U.S. registration or an applicable exemption from U.S. registration requirements. This news release does not constitute an offer to sell or a solicitation of an offer to purchase securities in the United States.

Shares Outstanding: 70,109,478


The Toronto Stock Exchange has not reviewed and does not accept responsibility for the contents of this release.
  CONTACT INFORMATION:
Aquila Resources Inc. (Toronto)
Robin Dunbar
CFO
(416) 203-1404
Email: info@aquilaresourcesinc.com

or

Aquila Resources Inc. (U.S.)
Thomas O. Quigley
President
(906) 753-9602
Email: toquigley@qwest.net

or

First Canadian Capital Corp.
Leo Karabelas
(416) 742-5600
Email: lkarabelas@firstcanadiancapital.com
   INDUSTRY: Manufacturing and Production - Mining and Metals  

heute so einen gewaltigen Sprung!

Gibt´s Neuigkeiten?

Gruß

 

 

 

 

October 14, 2008
 Aquila Extends Gold, Silver, Copper, Zinc Zone 540 Meters and Moves to Conserve Cash
Highlights include 3.5 meters 9.4 grams/tonne gold and 79.8 grams/tonne silver
  TORONTO, ONTARIO--(Marketwire - Oct. 14, 2008) - AQUILA RESOURCES INC. (TSX:AQA)(FRANKFURT:JM4A) ("Aquila" or the "Company") is pleased to release assays from the final 13 drill holes targeting the Pinwheel Zone expansion at the Back Forty Project in Michigan's Upper Peninsula. This drilling has successfully extended this zone 540 meters along strike.

Significant intercepts include:

- 3.5 meters (m) 9.4 grams/tonne (g/t) gold and 79.8 g/t silver in LK-312PE

- 1.8 m 2.1 g/t gold, 1,308.7 g/t silver and 1.3% copper in LK-314PE

- 1.1 m 1.4% copper and 478.6 g/t silver in LK-311PE

Detailed results from the 13 holes summarized above are available on the Company's website at www.aquilaresources.com.

Aquila's extensive exploration drill program of 44,000 meters in 203 new drill holes since completion of NI 43-101 compliant resource in April 2007 is now complete with results of the remaining 37 holes still pending. A new 43-101 resource estimate is expected before the end of 2008. Aquila anticipates that the newly released results from the Pinwheel Zone expansion announced today, which is a poly-metallic lens of massive to semi-massive sulfide containing predominantly copper and zinc with local enrichments of gold and silver, will significantly expand this multi metal resource.

With the suspension of drilling, the Company has begun geotechnical and mine planning work necessary to complete a 43-101 Preliminary Economic Assessment expected to be completed in 2009. "We are eagerly awaiting the new resource numbers and results of the Preliminary Assessment, and hope to establish the Back Forty as a major, poly-metallic deposit with continued potential for expansion," stated Tom Quigley, Aquila's President.

While Aquila is financially well positioned to continue to advance the Back Forty towards a development decision, management and the Board of Directors have developed plans to curtail expenditures and extend the existing budget through 2010 in the event capital markets fail to improve. Concurrently with this, the Company is evaluating a variety of financing options and partnerships to enable the Back Forty Project to proceed on schedule with advancement toward feasibility and permitting. "It is our intention to continue towards development at the project, and our current cash position and projected expenditures for 2009 will allow us to maintain our projected time lines," stated Mr. Quigley.

Sample preparation and analyses for this release were conducted by Accurassay Labs in Thunder Bay, Ontario on split drill core supplied by Aquila. Standards were inserted in the sample sequences with check assays and re-run's routinely conducted. Tom Quigley, P.Geo. and President of Aquila is the Qualified Person as described in National Instrument 43-101 for the Back Forty Project and is responsible for the content of this press release.

Certain information regarding the Company contained herein may constitute forward-looking statements under applicable securities laws. Such statements are subject to known or unknown risks and uncertainties that may cause actual results to differ materially from those anticipated or implied in the forward-looking statements. The securities being offered have not and will not be registered in the United States under the United States Securities Act of 1933, as amended (the "1933 Act") or any state securities laws, and may not be offered or sold within the United States or to or for the account of benefit of U.S. persons absent U.S. registration or an applicable exemption from U.S. registration requirements. This news release does not constitute an offer to sell or a solicitation of an offer to purchase securities in the United States.

Shares Outstanding: 70,109,478


The Toronto Stock Exchange has not reviewed and does not accept responsibility for the contents of this release.
  CONTACT INFORMATION:
Aquila Resources Inc. (Toronto)
Robin Dunbar
CFO
(416) 203-1404
Email: info@aquilaresourcesinc.com

or

Aquila Resources Inc. (U.S.)
Thomas O. Quigley
President
(906) 753-9602
Email: tquigley@aquilaresources.com
Website: www.aquilaresources.com  

....fangen die endlich 2009 an produktiv tätig zu werden?....  

   

      Frage doch mal bei RSR die solten das doch wissen
     
      Ich kaufe jedenfals zu bei 0.02 cent 100000 Stück  

Ob 2009 oder 2010 wer weiß das schon so genau. Vielleicht auch gar nicht???  

http://www.canadianinsider.com/coReport/allTransactions.php?ticker=AQA