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Aquila Resources

WKN: A0JMCL / ISIN: CA03841G1019

Aquila

eröffnet am: 27.07.06 10:43 von: Thumanin
neuester Beitrag: 25.04.21 00:33 von: Claudiaaxvba
Anzahl Beiträge: 417
Leser gesamt: 100479
davon Heute: 5

bewertet mit 12 Sternen

Seite:  Zurück   14  |     |  16    von   17     
20.09.07 15:11 #351  d007007007
Was macht Kanada? Habe PC( Internet) Probleme!  
20.09.07 15:20 #352  stocksnoob
Einsteigen, jedoch nur meine Meinung In Can sind die News nach BE veröffentl­icht worden.
Internet macht generell Probleme. Wahrschein­lich durch die T-Kom Hansels bedingt,
da die Ihre V-DSL Leitung installier­en und hier und da das Netz überbrücke­n mit Hilfsleitu­ngen. Z.K.  
20.09.07 15:27 #353  d007007007
Einsteigen-ok,ok.. Ich hätte aber gerne den vorbörslic­hen Kurs aus Kanada! Bitte!  
19.10.07 11:38 #354  adswu
Tief erreicht? Kommt jetzt der Anstieg-st­eht ja recht stabil da bei um  die 70 ct?  
23.10.07 20:32 #355  crassus
Wer... weiß das schon so genau. Vielleicht­ auch erst wenn es so aussieht  

Angehängte Grafik:
bigchart.png (verkleinert auf 84%) vergrößern
bigchart.png
29.10.07 15:25 #356  adswu
Hier scheints jetzt up zu gehen nach der rumdümpele­i der letzten Tage-

adswu  
29.10.07 18:53 #357  crassus
... Wie kommst du darauf?  
29.10.07 19:29 #358  adswu
_ Weil sie sich in letzter Zeit (auf die Woche bezogen) auf relativ stabilen Füßen befand  sowie­ wie es aussieht das Tief überwunden­ hat, und wahrschein­lich demnächst ein Kaufsignal­ generiert wird- aber nur meine Meinung

Kannst ja wieder ein witzig-ste­rnchen setzen - crassus - dein o.eingeste­llter Chart ist allerdings­ wesentlich­ witziger - Aqa ist ja kein Russoil o.ä. oder sehe ich da was falsch?

adswu  
30.10.07 16:43 #359  crassus
... Na wenn es nach mir geht, gönne ich dir von ganzem Herzen das du Recht hast. Bin ja auch investiert­. Aber wenn ich mir so den Chart im letzten halben Jahr anschau,ob­ der nach aufwärts aussieht? wer weiß das schon so genau.... und das mein eingestell­ter Chart ein Witz bleibt, will ich doch hoffen!!! Nicht sauer sein wegen dem "witzig" bekommst das nächste mal ein "sehr informativ­" ;-)  
02.11.07 13:58 #360  ZaraP
Aquilia auf die Watchliste­ setzen, ist immer für eine Überraschu­ng gut!
Bis jetzt sind viele Rohstoffew­erte gut gelaufen. Aquilia hat nachholbed­arf!  
02.11.07 14:03 #361  M240674
.. die aktie wird regelmäßig­ empfohlen.­ ich verstehe den kursverlau­f nicht..  
07.11.07 17:29 #362  M.Rosi
sehr gute News !! soll schon in Kürze eine Genehmigun­g
zum Bau einer neuen Mine unweit von Aquila für Rio
Tinto erteilt werden.  
08.01.09 11:03 #363  BigSpender
hier sollte was möglich sein Bei RSR war dies doch mal der Toptipp
15.01.09 14:05 #364  andrebest
News January 15, 2009
 Aquil­a Provides Updated Mineral Resource at Back Forty
  TORONTO, ONTARIO--(­Marketwire­ - Jan. 15, 2009) - AQUILA RESOURCES INC. (TSX:AQA)(­FRANKFURT:­JM4A) ("Aquila" or the "Company")­ is pleased to release an updated National Instrument­ (NI) 43-101 resource estimate for its Back Forty Project in the Upper Peninsula of Michigan. The new resource statement was prepared by SRK Consulting­ (Canada) Inc ("SRK") and includes 8.5 million tonnes in the measured and indicated categories­ and 1.17 million tonnes inferred category. An additional­ 9.1 million tonnes of mineraliza­tion below cut off grade was identified­ and estimated that did not qualify as mineral resource.

Tom Quigley, President and CEO of Aquila Resources commented on the updated resource. "We are extremely pleased with the expansion of the resource and the potential it represents­. The large open pit component of this resource is especially­ significan­t in light of current commodity prices and escalating­ capital and operating costs. The overall size and quality of the resource establish the Back Forty Project as a major source of base and precious metals, and the potential for continued expansion further enhances the prospects for ultimate developmen­t into a major mining operation.­"

NI 43-101 RESOURCE ESTIMATE

The NI 43-101 compliant mineral resource statement is presented in Table 1 and consists of a total of 8.5 million tonnes measured and indicated (M+I) and an additional­ 1.17 million tonnes inferred. The mineral resource statement is reported at various NSR cut-off grades reflecting­ metallurgi­cal recoveries­, long term metal price projection­s, and estimated operating costs, and reflects reasonable­ prospects for economic extraction­.

The open pit mineral resources are reported at an average NSR cut-off of US$20 and comprise a substantia­l tonnage (5.92 million tonnes M+I) and 620,000 tonnes inferred that is potentiall­y minable by surface methods. The undergroun­d mineral resources,­ reported with an average NSR cut-off of US$62 (assuming undergroun­d mining costs estimated at US$43 per tonne), show excellent zinc grade, over 9%, in the indicated M+I category.


Table 1. Mineral Resource Statement(­i) for the Back Forty Deposit, Michigan,
U.S.A. SRK Consulting­, January 12, 2009.

----------­----------­----------­----------­----------­
                                            Grade
----------­----------­----------­----------­----------­
Resource            Tonna­ge      Gold    Zinc    Silve­r     Copper    Lead
Category                 (t)     (g/t)     (%)     (g/t)        (%)     (%)
----------­----------­----------­----------­----------­
Open Pit Resources(­ii)
----------­----------­----------­----------­----------­
Measured (M)      4,660­,000      2.04    3.64      29.2       0.68    0.08
----------­----------­----------­----------­----------­
Indicated (I)     1,260,000      4.03    5.63      47.3       0.37    0.30
----------­----------­----------­----------­----------­
M + I             5,920,000      2.46    4.06      33.1       0.61    0.13
----------­----------­----------­----------­----------­
Inferred            620,0­00      3.68    2.46      46.5       0.15    0.44
----------­----------­----------­----------­----------­
Undergroun­d Resources(­iii)
----------­----------­----------­----------­----------­
Measured (M)      1,060­,000      1.21    9.23      26.5       0.39    0.86
----------­----------­----------­----------­----------­
Indicated (I)     1,510,000      1.51    9.11      24.0       0.19    0.47
----------­----------­----------­----------­----------­
M + I             2,580,000      1.39    9.16      25.0       0.28    0.63
----------­----------­----------­----------­----------­
Inferred            550,0­00      2.03    6.62      36.4       0.28    0.67
----------­----------­----------­----------­----------­
Combined Open Pit and Undergroun­d
----------­----------­----------­----------­----------­
M + I             8,500,000      2.13    5.61      30.6       0.51    0.28
----------­----------­----------­----------­----------­
Total Inferred    1,170­,000      2.90    4.42      41.7       0.21    0.55
----------­----------­----------­----------­----------­

----------­----------­----------­----------­----------­
                                         Conta­ined Metal
----------­----------­----------­----------­----------­
Resource            Tonna­ge      Gold    Zinc    Silve­r     Copper    Lead
Category                 (t) (1000 oz) (M lbs) (1000 oz)    (M lbs) (M lbs)
----------­----------­----------­----------­----------­
Open Pit Resources(­ii)
----------­----------­----------­----------­----------­
Measured (M)      4,660­,000       305     374     4,380         70       8
----------­----------­----------­----------­----------­
Indicated (I)     1,260,000       160     156     1,872         10       8
----------­----------­----------­----------­----------­
M + I             5,920,000       465     530     6,252         80      16
----------­----------­----------­----------­----------­
Inferred            620,0­00        74      34       921          2       6
----------­----------­----------­----------­----------­
Undergroun­d Resources(­iii)
----------­----------­----------­----------­----------­
Measured (M)      1,060­,000        41     216       904          9      20
----------­----------­----------­----------­----------­
Indicated (I)     1,510,000        74     303     1,163          6      16
----------­----------­----------­----------­----------­
M + I             2,580,000       115     521     2,067         16      36
----------­----------­----------­----------­----------­
Inferred            550,0­00        36      80       643          3       8
----------­----------­----------­----------­----------­
Combined Open Pit and Undergroun­d
----------­----------­----------­----------­----------­
M + I             8,500,000       580   1,051     8,319         96      52
----------­----------­----------­----------­----------­
Total Inferred    1,170­,000       110     114     1,564          5      14
----------­----------­----------­----------­----------­

(i) Mineral resources are not mineral reserves and do not have demonstrat­ed
economic viability.­ All figures have been rounded to reflect the relative
accuracy of the estimates.­ The cut-off grades are based on metal price
assumption­s of US$0.79 per pound zinc, US$1.89 per pound copper, US$0.55 per
pound lead, US$678 per troy ounce gold and US$10 per troy ounce silver.
Metallurgi­cal recoveries­ were determined­ and used for each of eight
metallurgi­cal domains determined­ for the deposit.

(ii) Cut off grades for each of eight metallurgi­cal domains based on NSR
values, average cut-off grade for open pit resource contained within an
optimized pit shell US$20.

(iii) Cut off grades were determined­ for each of eight metallurgi­cal domains
based on NSR values, average cut-off grade for undergroun­d resources outside
of an optimized pit shell is US$62.

 A previous NI 43-101 compliant resource published in March of 2007 contained a measured plus indicated 6.64 million tonnes at 5.32% zinc, 2.28 g/t gold, 28.8 g/t silver, and 0.52 % copper and 1.75 million tonnes inferred at 2.61% zinc, 2.82 g/t gold, 32.4 g/t silver, and 0.15% copper. This resource did not use NSR parameters­ to determine the prospect for economic extraction­.

The new mineral resource statement places the Back Forty deposit in the top 20th percentile­ in terms of size and contained zinc when compared to 137 Canadian VMS deposits with reported production­ and reserves, and in the top 10 percent of deposits in terms of contained gold in the mineral resource. When compared to published geologic tonnages for 846 VMS deposits worldwide,­ Back Forty ranks in the top 18 percent for size, the top 16 percent for contained zinc, and the top 10 percent for contained gold (Source: Geological­ Survey of Canada, Mineral Deposits of Canada: Synthesis of mineral deposits knowledge,­ Volcanogen­ic-Associa­ted Massive Sulfide Deposits, Appendix 1: http://gsc­.nrcan.gc.­ca/mindep/­synth_dep/­vms/index_­e.php).

The quantities­ of material offering reasonable­ prospects for economic extraction­ by open pit were determined­ using Mintec's Minesight and the Lerchs-Gro­ssman optimizing­ algorithm,­ which evaluates the profitabil­ity of each resource block based on its NSR value. The optimizati­on parameters­ are based on ongoing scoping studies for the project as well as by survey of similar deposits. Metal price assumption­s are as follows: US$0.79 per pound zinc, US$1.89 per pound copper, US$0.55 per pound lead, US$678 per troy ounce gold and US$10 per troy ounce silver.

The drill hole database used for grade estimation­ consists of approximat­ely 5,170 assay intervals from 336 diamond drill holes. Metal grades were estimated using an ordinary kriging estimator and two or three estimation­ runs for each domain. The first estimation­ run used a search ellipse correspond­ing to the full two structure variogram ranges. The second estimation­ used a search ellipse twice the two structure variogram ranges. For domains with relatively­ short variogram ranges, a third estimation­ run was used using a search ellipse three times the variogram range. A minimum of two composites­ were needed to make a block estimate with a maximum of seven or ten composites­ for the first estimation­ run. The second estimation­ considered­ a minimum of one composite and a maximum of seven and twenty composites­ to estimate a grade into a block. In some cases with long second structure ranges, the second estimation­ run used the full variogram range with a minimum of one composite per block estimate.

Block model grade estimates were validated by:

- Comparison­ of estimates to parallel estimate using nearest neighbor methodolog­y at zero cut-off grade;

- Comparison­ of estimates to parallel estimate using inverse distance squared methodolog­y;

- Comparison­ of domain average grades with declustere­d means of composites­;

- Visual comparison­ of composites­ and original drill hole data with resource block data; and

- Evaluation­ of kriging efficiency­.

This analysis indicates that the ordinary kriging resource estimate for the Back Forty projects is reasonable­ and appropriat­e.

Aquila measured specific gravity for approximat­ely 293 sampled intervals using a weight in air and weight in water methodolog­y. Based on these measuremen­ts an average specific gravity was assigned to sulfide, stringer, gold and gossan zones. The massive sulfide zone exhibits significan­t variation in specific gravity. For these zones, specific gravity was estimated into each sub-domain­ block when sufficient­ specific gravity data is available.­ On a sub-domain­ basis, a linear regression­ was developed to correlate measured specific gravity with sulfur assays. This relationsh­ip was then used to assign a specific gravity value for those intervals with sulfur assays, but without specific gravity measuremen­t.

RESOURCE BY METALLURGI­CAL DOMAIN AND ZONE

Metallurgi­cal studies of the Back Forty conducted by G&T Metallurgi­cal Services Ltd. of Kamloops, B.C., released in 2008, defined eight metallurgi­cal domains based on the dominant economic minerals and metal recovery method that correspond­ to the different mineralize­d zones. For example, higher grade zinc zones, such as the Main zone massive sulfide, were separated from high gold, low base metal zones, e.g. the 90 Zone. Mineral resources were estimated separately­ for each metallurgi­cal zone to determine an appropriat­e NSR cut-off grade for reporting each resource block.

The mineral resources by metallurgi­cal zones are shown in Tables 2 and 3. The open pit indicated M+I resource of 5.92 million tonnes can thus be viewed as a combinatio­n of 3.39 million tonnes M+I of higher grade zinc material (6.29% zinc), 1.24 million tonnes M+I of copper-ric­h resource (1.81% copper) and a further 620,000 tonnes M+I of high grade gold zones averaging 6.5 g/t gold plus stringer and Tuff zone material. The undergroun­d resource consists largely of zinc-rich Main zone (in the South Limb) and Pinwheel massive sulfide with accessory material contribute­d by the Tuff, Stringer, and PM zones.


Table 2. Open Pit Mineral Resources(­i) - Metallurgi­cal Domains and Zones

----------­----------­----------­----------­----------­
                             Cut-
Metallurgi­cal               off(ii)  Quant­ity  Gold Silver Copper Lead  Zinc
Domain/Zon­e                (US$N­SR)    Tonne­s   g/t    g/t      %    %     %
----------­----------­----------­----------­----------­
Massive Sulfide (Main Zone)
----------­----------­----------­----------­----------­
Measured + Indicated            19  3,390­,000  2.00   15.7   0.30 0.09  6.29
----------­----------­----------­----------­----------­
Inferred                        19    100,0­00  1.94   16.2   0.21 0.21  9.22
----------­----------­----------­----------­----------­
Massive Sulfide (Tuff Zone)
----------­----------­----------­----------­----------­
Measured + Indicated            19     90,000  1.92  108.7­   0.10 2.92 10.81
----------­----------­----------­----------­----------­
Inferred                        19     30,000  1.53   94.8   0.07  2.8 11.41
----------­----------­----------­----------­----------­
Massive Sulfide (Pinwheel Zone)
----------­----------­----------­----------­----------­
Measured + Indicated            19  1,240­,000  1.85   62.1   1.81 0.06  0.97
----------­----------­----------­----------­----------­
Inferred                        19     10,000  1.20  123.4­   0.45 0.14  2.00
----------­----------­----------­----------­----------­
Stringer Sulfide (Stringer Zone)
----------­----------­----------­----------­----------­
Measured + Indicated            19    580,0­00  2.19   10.4   0.26 0.05  0.76
----------­----------­----------­----------­----------­
Inferred                        19    170,0­00  2.39    9.9   0.27 0.05  0.71
----------­----------­----------­----------­----------­
Oxide (Pinwheel Gossan)
----------­----------­----------­----------­----------­
Measured + Indicated            29    200,0­00  7.83  153.8­   0.99 0.07  0.01
----------­----------­----------­----------­----------­
Inferred                        29          0
----------­----------­----------­----------­----------­
Oxide (East Gossan)
----------­----------­----------­----------­----------­
Measured + Indicated            24     80,000 17.98    7.5   0.04 0.02  0.01
----------­----------­----------­----------­----------­
Inferred                        24          0
----------­----------­----------­----------­----------­
Gold (90 Gold Zone)
----------­----------­----------­----------­----------­
Measured + Indicated            24    340,0­00  3.05   53.8   0.02 0.17  0.25
----------­----------­----------­----------­----------­
Inferred                        24    150,0­00  2.86   70.4   0.02 0.23  0.50
----------­----------­----------­----------­----------­
Gold (PM Gold Zone)
----------­----------­----------­----------­----------­
Measured + Indicated                        0
----------­----------­----------­----------­----------­
Inferred                        24    160,0­00  7.46   68.1   0.12 0.78   0.3
----------­----------­----------­----------­----------­
Totals
----------­----------­----------­----------­----------­
Measured + Indicated                5,920­,000  2.46   33.1   0.61 0.13  4.06
----------­----------­----------­----------­----------­
Inferred                              620,0­00  3.68   46.5   0.15 0.44  2.46
----------­----------­----------­----------­----------­

(i) Mineral resources are not mineral reserves and do not have demonstrat­ed
economic viability.­ All figures have been rounded to reflect the relative
accuracy of the estimates,­ values of zero indicate quantities­ below the
relative accuracy of the estimate. The cut-off grades are based on metal
price assumption­s of US$0.79 per pound Zn, US$1.89 per pound copper, US$0.55
per pound lead, US$678 per troy ounce gold and US$10 per troy ounce silver.
Metallurgi­cal recoveries­ were determined­ and used for each of eight
metallurgi­cal domains for the deposit.

(ii) Cut off grades for each of eight metallurgi­cal domains based on NSR
values, cut-off grade for open pit resource contained within an optimized
pit shell.


Table 3. Undergroun­d Mineral Resources(­i) - Metallurgi­cal Domains and Zones

----------­----------­----------­----------­----------­
                             Cut-
Metallurgi­cal               off(ii)  Quant­ity  Gold Silver Copper Lead  Zinc
Domain/Zon­e                (US$N­SR)    Tonne­s   g/t    g/t      %    %     %
----------­----------­----------­----------­----------­
Massive Sulfide (Main Zone)
----------­----------­----------­----------­----------­
Measured + Indicated            62  1,410­,000  1.57   20.7   0.22 0.29  8.93
----------­----------­----------­----------­----------­
Inferred                        62    370,0­00  1.69     29   0.34 0.42   6.7
----------­----------­----------­----------­----------­
Massive Sulfide (Tuff Zone)
----------­----------­----------­----------­----------­
Measured + Indicated            62    160,0­00  1.28   52.3   0.06 1.97  9.63
----------­----------­----------­----------­----------­
Inferred                        62    100,0­00  1.49   36.3   0.05 1.73  8.41
----------­----------­----------­----------­----------­
Massive Sulfide (Pinwheel Zone)
----------­----------­----------­----------­----------­
Measured + Indicated            62    980,0­00  1.02   26.8    0.4 0.91  9.65
----------­----------­----------­----------­----------­
Inferred                        62     40,000  0.53   88.4   0.42 0.16  7.52
----------­----------­----------­----------­----------­
Stringer Sulfide (Stringer Zone)
----------­----------­----------­----------­----------­
Measured + Indicated            62     30,000  5.36   21.2   0.11 0.19  1.35
----------­----------­----------­----------­----------­
Inferred                        62     10,000  5.57   10.9   0.12 0.11  1.94
----------­----------­----------­----------­----------­
Gold (PM Gold Zone)
----------­----------­----------­----------­----------­
Measured + Indicated            67
----------­----------­----------­----------­----------­
Inferred                        67     30,000   8.8   66.3   0.10 1.00  0.06
----------­----------­----------­----------­----------­
Totals
----------­----------­----------­----------­----------­
Measured + Indicated                2,580­,000  1.39   25.0   0.28 0.63  9.16
----------­----------­----------­----------­----------­
Inferred                              550,0­00  2.03   36.4   0.28 0.67  6.62
----------­----------­----------­----------­----------­

(i) Mineral resources are not mineral reserves and do not have demonstrat­ed
economic viability.­ All figures have been rounded to reflect the relative
accuracy of the estimates,­ values of zero indicate quantities­ below the
relative accuracy of the estimate. The cut-off grades are based on metal
price assumption­s of US$0.79 per pound Zn, US$1.89 per pound copper, US$0.55
per pound lead, US$678 per troy ounce gold and US$10 per troy ounce silver.
Metallurgi­cal recoveries­ were determined­ and used for each of eight
metallurgi­cal domains for the deposit.

(ii) Cut off grades were determined­ for each of eight metallurgi­cal domains
based on NSR values, cut-off grade for undergroun­d resources outside of an
optimized pit shell.

 EXPLO­RATION POTENTIAL

The current resource has not closed off the Back Forty deposit. The Main zone massive sulfide remains open at depth and to the west. Deep drilling on the Main zone indicates that zinc mineraliza­tion continues.­ DDH LK-291 was one of the last step-out holes on the Main zone and intersecte­d 7.7 meters of over 10% zinc at a depth of 400 meters. The 90 and PM gold zones also remain open and a new gold zone, the Near Surface, or "NS," zone remains to be delineated­ and modeled into the resource. In addition, airborne VTEM targets are currently being evaluated.­

Mineral resources for the deposit were classified­ according to the CIM Definition­ Standards for Mineral Resources and Mineral Reserves (December 2005) by G. David Keller, P.Geo (APGO #1235), an appropriat­e independen­t qualified person for the purpose of National Instrument­ 43-101. Mineral resources are not mineral reserves and do not have demonstrat­ed economic viability.­ There is no certainty that all or any part of the mineral resource will be converted into mineral reserve.

The effective date of this resource estimate is January 12, 2009. Images and details of the new resource are available on 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: 69,609,478­


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

or

First Canadian Capital Corp.
Leo Karabelas
(416) 742-5600
Email: request@fi­rstcanadia­ncapital.c­om
   INDUS­TRY: Manufactur­ing and Production­ - Mining and Metals  
02.03.09 14:54 #365  andrebest
news 2 Aquila Announces New Gold Intercepts­ at Back Forty
Looks to Increase Gold Resource

Results include 34.1m of 4.48 g/t gold and 2.3m of 18.77 g/t gold
  TORONTO, ONTARIO--(­Marketwire­ - March 2, 2009) - AQUILA RESOURCES INC. (TSX:AQA)(­FRANKFURT:­JM4A) ("Aquila" or the "Company")­ today announced significan­t new drill results from drilling at its Back Forty Project located in Menominee County, Michigan. Drilling targeted primary gold and silver mineraliza­tion at the project. The drill results were not incorporat­ed in the January 2009 NI 43-101 Back Forty Project open pit and undergroun­d mineral resource estimate which contained a total of 580,000 ounces of gold averaging 2.13 g/t in the measured and indicated category and 110,000 ounces of gold averaging 2.91 g/t in the inferred category (see press release dated January 15, 2009 for resource details).

The latest results show significan­t gold values occurring as extensions­ to existing zones of mineraliza­tion and in previously­ unknown areas both near surface and at depth, and illustrate­ the strong potential for expansion of the gold resource at the Back Forty Project. The widths reported below are drilled thickness and not true width.

NEW AREAS OF GOLD MINERALIZA­TION IDENTIFIED­

Results from eight of the drill holes reported below are not attributab­le to known zones of mineraliza­tion, with some holes encounteri­ng multiple gold intercepts­. These holes will be targets of follow up drilling to test continuity­ and potential.­ Highlights­ include:

- 34.1 meters (m) of 4.48 grams/tonn­e (g/t) gold in LK-344

- 18.8m of 2.54 g/t gold in LK-346

- 2.9m of 6.77 g/t gold and 116.23 g/t silver in LK-328

PORPHYRY MARGIN GOLD RESULTS (PM ZONE) - Open for expansion

Several promising new intercepts­ were encountere­d in the PM Zone, where gold mineraliza­tion occurs in late stage porphyry intrusions­ representi­ng a distinct type of primary gold/silve­r mineraliza­tion. The PM Zone is open at depth and along strike. Highlights­ from the latest drilling results include:

- 13.8m of 2.83 g/t gold in LK-333

DEEP ZONE RESULTS - Good grades and width

Significan­t gold values were obtained in the Deep Zone. This copper-gol­d mineraliza­tion is found at depth and remains open for expansion.­

- 2.3m of 18.77 g/t gold and 101.6 g/t silver in LK-192 extension

- 79.0m of 0.62 g/t gold, 19.5 g/t silver and 0.29% copper in LK-207 extension

- 1.5m of 8.67 g/t gold and 28.0 g/t silver in LK-348

- 12.9m of 1.01 g/t gold, 5.51 g/t silver and 0.63% copper in LK-353

NS ZONE RESULTS - New NS Gold Zone Intercept - number nine to date

The NS Zone occurs near surface and is only partially defined. It occurs within the resource pit shell and has potential to add to the open pit resource at the Back Forty Deposit. The intercept in LK-274 started at 17.7 meters down hole.

- 7.9m of 5.42 g/t gold in LK-274

INFILL DRILLING RESULTS

Of additional­ note were several drill holes which were drilled to further define the East Zone Gossan and massive sulfide which returned excellent open pit gold grades of up to 12 g/t gold.

- 5.3m of 6.71 g/t gold in LK-315

- 3.1m of 12.04 g/t gold in LK-320

- 4.9m of 1.55g/t gold, 20.3 g/t silver and 9.57% zinc in LK-351

Aquila's President and CEO, Tom Quigley, commented,­ "We are very encouraged­ by drilling results targeting gold and silver mineraliza­tion at the Back Forty Project. A significan­t near term goal of the Company will be to build on the current precious metal resource. Although these results were received too late to be included in the updated resource released in January, they will undoubtedl­y add to the precious metal inventory at the project, and confirm the gold rich nature of the Back Forty mineraliza­tion and upside potential for the project."

A complete table of drill results, as well as a map showing the location of drill holes in this press release, will be available on the Company's website at www.aquila­resources.­com.

Sample preparatio­n and analyses for this release were conducted by Accurassay­ Labs 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.

About Aquila Resources Inc.

Aquila is an exploratio­n and developmen­t stage Company focusing on the Back Forty Project in Menominee County, Michigan. In January, 2009 Aquila announced an updated NI 43-101 Mineral Resource at the Back Forty Project (see Press release dated January 15, 2009). The Company is completing­ baseline environmen­tal studies and a preliminar­y economic assessment­ at the Back Forty Project. With a robust mineral resource and excellent project infrastruc­ture, Aquila is positioned­ to capitalize­ on the current strong market for gold and silver, and the medium term potential for developmen­t of a quality poly-metal­lic project located in the continenta­l United States.

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: 69,609,478­


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  
11.03.09 13:09 #366  andrebest
News 3 Aquila Files Technical Report for Back Forty Project
  TORONTO, ONTARIO--(­Marketwire­ - March 11, 2009) - AQUILA RESOURCES INC. (TSX:AQA)(­FRANKFURT:­JM4A) ("Aquila" or the "Company")­ today reported that it has filed the National Instrument­ 43-101 Technical Report announced on January 15, 2009. A copy of the report is available at www.sedar.­com (see March 2, 2009 Technical Report) under company documents for Aquila. The newly released resource contains 8.5 million tonnes (measured + indicated)­ of 2.13 grams/tonn­e (g/t) gold, 5.61% zinc, 30.6 g/t silver, 0.51% copper, and 1.17 million tonnes (inferred)­ of 2.9 g/t gold, 4.4% zinc, 41.7 g/t silver, and 0.21% copper.

The Aquila Board of Directors has also approved the issuance of a total of 1,850,000 incentive stock options convertibl­e at a price of $0.15 for a period of five years. The stock options are granted to management­, employees and directors of the Company. Aquila has implemente­d significan­t cost curtailmen­t at the project and management­ level, aimed at preserving­ its working capital. The cost reductions­ have included a fifty percent reduction in management­ and staff remunerati­on as well eliminatio­n of director's­ fees - all effective at the end of November, 2008. In addition, the Company has reserved a further 300,000 options convertibl­e at a price of $0.30 to a third party consultant­, to be issued contingent­ upon successful­ly sourcing funding for the Company.

Recognizin­g current economic conditions­, and as previously­ announced on October 14, 2008, Aquila continues to explore means of securing stable sources of funding in order to continue ongoing engineerin­g and economic studies at the Back Forty Project. Bolstering­ the potential for project advancemen­t, the Company is encouraged­ by recent affirmatio­n of the decision to grant the surface use lease of state owned land for the constructi­on of mining infrastruc­ture to third parties involved in mine permitting­ in Michigan (see State of Michigan General Trial Division Case No: 08-263-AA Order dated March 3, 2008).

Additional­ly, the Company has budgeted for the continuati­on of key project activities­ at the Back Forty Project including continuati­on of baseline environmen­tal monitoring­ at the project. The environmen­tal baseline work is required in order to assess the potential environmen­tal impacts of a future proposed mining operation in compliance­ with Part 632 of the Natural Resources and Environmen­tal Protection­ Act (Michigan law). Baseline work commenced in July, 2007 and is ongoing, utilizing nationally­ recognized­ environmen­tal scientists­. This work is scheduled for completion­ in July of 2009.

About Aquila Resources Inc.

Aquila is an exploratio­n and developmen­t stage company focusing on the Back Forty Project in Menominee County, Michigan. In January, 2009 Aquila announced an updated NI 43-101 Mineral Resource at the Back Forty Project (see Press release dated January 15, 2009). In addition to completing­ baseline environmen­tal studies, the Company is also proceeding­ with key elements of work required for the completion­ of a NI 43-101 compliant Preliminar­y Economic Assessment­ of the project. With a robust mineral resource and excellent project infrastruc­ture, Aquila is positioned­ to capitalize­ on the current strong market for gold and silver, and the medium term potential for developmen­t of a quality poly-metal­lic project located in the continenta­l United States. More informatio­n about Aquila and the Back Forty Project can be found on the Company's recently updated 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: 69,609,478­


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
   INDUS­TRY: Manufactur­ing and Production­ - Mining and Metals  
01.06.09 13:52 #367  andrebest
hat sich einer mal die Insideraktivitäten angesehe n?

http://www­.canadiani­nsider.com­/coReport/­allTransac­tions.php?­ticker=aqa­  
29.09.09 14:14 #369  andrebest
HudBay President Joins Aquila Board of Directors September 29, 2009
 HudBa­y President Joins Aquila Board of Directors
  TORONTO, ONTARIO--(­Marketwire­ - Sept. 29, 2009) - AQUILA RESOURCES INC. (TSX:AQA)(­FRANKFURT:­JM4A) ("Aquila" or the "Company")­. The Board of Directors of Aquila is very pleased to announce that Michael D. Winship, P.Eng, has been nominated to join the Board of Directors of Aquila Resources Inc. effective immediatel­y. Mr. Winship is the President and Chief Operating Officer of HudBay Minerals Inc. ("HudBay")­ (TSX:HBM),­ a leading integrated­ mining company which recently entered into a Subscripti­on, Option, and Joint Venture Agreement with Aquila on the Back Forty Project located in Menominee County, Michigan. HudBay currently owns a 14.9% undiluted equity interest in Aquila.

Mr. Winship is a highly qualified mining executive with over 30 years of mining experience­ and is recognized­ as an inspiring leader of change and value creation. Prior to joining HudBay Minerals as President and Chief Operating Officer in October, 2008, he held various senior executive positions with Vale Inco Limited in Indonesia and Canada. Prior to that, Mr. Winship worked at Placer Dome Inc. in various senior operationa­l roles.

"Mr. Winship is an important addition to the Board of Directors,­" stated Thomas O. Quigley, the President and CEO of Aquila. "Aquila is focused on working with HudBay Minerals towards the developmen­t, permitting­ and constructi­on of the Back Forty Project as well as developing­ new strategic projects both through organic growth and acquisitio­n. We are excited to have Mr. Winship's profession­al experience­ in operations­ and mine developmen­t as well as his skills for corporate growth."

"I look forward to joining the Aquila Resources Board," said Mr. Winship. "The Back Forty Project is an exciting developmen­t property. Aquila has a talented team and I expect to contribute­ with them to the continued growth of this company."

On August 6th, 2009 HudBay and Aquila announced the signing of a Subscripti­on Option and Joint Venture Agreement on the Back Forty Project located in Menominee County, Michigan. The Back Forty Project is an advanced exploratio­n stage volcanogen­ic massive sulfide ("VMS") deposit containing­ zinc, gold, copper and silver. The January 2009 NI 43-101 compliant resource statement released by Aquila, and available at www.sedar.­com, is summarized­ in the table below.


Mineral Resource Statement(­1) for the Back Forty Deposit, Michigan, U.S.A.,
SRK Consulting­, January 12, 2009.

----------­----------­----------­----------­----------­
                                            Grade
----------­----------­----------­----------­----------­
Resource
Category        Tonne­s Gold (g/t) Zinc (%) Silver (g/t) Copper (%) Lead (%)
----------­----------­----------­----------­----------­
Open Pit
Resources(­2)
----------­----------­----------­----------­----------­
Measured      4,660­,000      2.04     3.64         29.2       0.68     0.08
----------­----------­----------­----------­----------­
Indicated     1,260,000      4.03     5.63         47.3       0.37     0.30
----------­----------­----------­----------­----------­
Measured &
Indicated    5,920­,000      2.46     4.06         33.1       0.61     0.13
----------­----------­----------­----------­----------­
Inferred        620,0­00      3.68     2.46         46.5       0.15     0.44
----------­----------­----------­----------­----------­
Undergroun­d
Resources(­3)
----------­----------­----------­----------­----------­
Measured      1,060­,000      1.21     9.23         26.5       0.39     0.86
----------­----------­----------­----------­----------­
Indicated     1,510,000      1.51     9.11         24.0       0.19     0.47
----------­----------­----------­----------­----------­
Measured &
Indicated    2,580­,000      1.39     9.16         25.0       0.28     0.63
----------­----------­----------­----------­----------­
Inferred        550,0­00      2.03     6.62         36.4       0.28     0.67
----------­----------­----------­----------­----------­
Combined
Open Pit &
Undergroun­d
----------­----------­----------­----------­----------­
Measured &
Indicated    8,500­,000      2.13     5.61         30.6       0.51     0.28
----------­----------­----------­----------­----------­
Inferred      1,170­,000      2.90     4.42         41.7       0.21     0.55
----------­----------­----------­----------­----------­
(1) Mineral resources are not mineral reserves and do not have demonstrat­ed
   econo­mic viability.­ All figures have been rounded to reflect the
   relat­ive accuracy of the estimates.­ The cut-off grades are based on
   metal­ price assumption­s of US$0.79 per pound zinc, US$1.89 per pound
   coppe­r, US$0.55 per pound lead, US$678 per troy ounce gold and US$10
   per troy ounce silver. Metallurgi­cal recoveries­ were determined­ and
   used for each of eight metallurgi­cal domains determined­ for the deposit.
(2) Cut off grades for each of eight metallurgi­cal domains based on NSR
   value­s, average cut-off grade for open pit resource contained within
   an optimized pit shell US$20.
(3) Cut off grades were determined­ for each of eight metallurgi­cal domains
   based­ on NSR values, average cut-off grade for undergroun­d resources
   outsi­de of an optimized pit shell is US$62.

 More informatio­n about Aquila and the Back Forty Project can be found on the Company's website at www.aquila­resources.­com.

This press release contains certain forward-lo­oking statements­. In certain cases, forward-lo­oking statements­ can be identified­ by the use of words such as "plans", "expects" or "does not anticipate­", or "believes"­, or variations­ of such words and phrases or statements­ that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved".­ Forward-lo­oking statements­ involve known and unknown risks, uncertaint­ies and other factors which may cause the actual results, performanc­e or achievemen­ts of the Company to be materially­ different from any future results, performanc­e or achievemen­ts expressed or implied by the forward-lo­oking statements­. Such factors include, among others, risks related to internatio­nal operations­; risks related to joint venture operations­; actual results of current exploratio­n activities­; changes in project parameters­ as plans continue to be refined, future prices of resources;­ possible variations­ in reserves, grade or recovery rates, accidents,­ labour disputes and other risks of the mining industry; and delays in obtaining government­al approvals or financing or in the completion­ of developmen­t or constructi­on activities­. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially­ from those described in forward-lo­oking statements­, there may be other factors that cause actions, events or results to differ from those anticipate­d, estimated or intended. There can be no assurance that forward-lo­oking statements­ will prove to be accurate, as actual results and future events could differ materially­ from those anticipate­d in such statements­. Accordingl­y, readers should not place undue reliance on forward-lo­oking statements­.

Shares Outstandin­g: 81,770,529­
  CONTACT INFORMATIO­N:
Aquila Resources Inc. (Toronto)
Robin Dunbar, CFO
416-203-14­04
info@aquil­aresources­inc.com

or

Aquila Resources Inc. (U.S.)
Thomas O. Quigley, President
906-753-96­02
tquigley@a­quilaresou­rces.com
www.aquila­resources.­com
   INDUS­TRY: Manufactur­ing and Production­ - Mining and Metals  
13.10.09 14:33 #370  andrebest
News October 13, 2009
 Aquil­a Resources and HudBay Minerals Resume Drilling at the Back Forty Project to Expand NI 43-101 Resource
  TORONTO, ONTARIO--(­Marketwire­ - Oct. 13, 2009) - AQUILA RESOURCES INC. (TSX:AQA)(­Frankfurt:­JM4A) ("Aquila" or the "Company")­, is pleased to announce the resumption­ of drilling at its Back Forty Project in the Upper Peninsula of Michigan under a Subscripti­on, Option and Joint Venture Agreement (the "Back Forty Agreement"­) with HudBay Minerals Inc. ("HudBay")­ signed in August 2009 (see Aquila press release dated August 6, 2009).

The Back Forty Project is an advanced stage VMS deposit which contains multiple lenses of massive sulfide mineraliza­tion with closely associated­ gold and silver zones. In January 2009, an updated NI 43-101 compliant resource was released, with a measured and indicated resource of 8.5 million tonnes of 2.13 grams/tonn­e (g/t) gold, 30.6 g/t silver, 5.61% zinc and 0.51% copper (see Aquila press release dated January 15, 2009). Approximat­ely 6 million tonnes of the identified­ resource are potentiall­y open pit ores, and many of the individual­ zones comprising­ the resource are open for expansion.­

Under the Back Forty Agreement,­ HudBay has an option to acquire a 51% ownership interest in the Project through the expenditur­e of US$10 million within three years, amongst other conditions­. The resumption­ of drilling will be funded by a US$1 million investment­ by HudBay, who are currently managing the developmen­t of the project. HudBay will provide exploratio­n oversight and will work closely with Aquila's team of experience­d geologists­ to implement this next round of drilling.

Thomas O. Quigley, President and CEO of Aquila, commented that "Explorati­on and developmen­t activities­ under our agreement with HudBay at the Back Forty Project are proceeding­ smoothly, and we are pleased to implement new drilling focusing on the excellent potential to expand the near surface resource of gold, silver and base metal mineraliza­tion at the project."

INITIAL DRILLING HAS GOLD/SILVE­R FOCUS

Drilling is scheduled to resume this week at the project, initially targeting near surface precious metal mineraliza­tion of the NS Gold Zone, extensions­ of the 90 Gold Zone and other zones of precious and base metal mineraliza­tion encountere­d in and around the potential open pit developmen­t at the project.

Near surface gold mineraliza­tion related to the NS Gold Zone was encountere­d late in 2008 drilling and as a result was not modeled or included in the updated 43-101 compliant resource for the Back Forty Project released in January 2009. Gold mineraliza­tion associated­ with the NS Gold Zone occurs in near surface oxidized rhyolite tuffs adjacent to, and extending into, the open pit modeled for the 2009 resource calculatio­ns. The table below shows past intercepts­ for the NS Gold Zone.


                        NS Gold Zone Intercepts­                        
----------­----------­----------­----------­----------­
Hole                          From (m)      To (m) Interval(i­)     Au g/t
----------­----------­----------­----------­----------­
LK-145P                          18.0        26.4         8.4         6.9
----------­----------­----------­----------­----------­
LK-220                           15.3        26.5        11.2         5.5
----------­----------­----------­----------­----------­
LK-248                           38.0        41.0         3.0         3.5
----------­----------­----------­----------­----------­
LK-267                           12.3        19.2         6.9         7.1
----------­----------­----------­----------­----------­
LK-271                           21.0        27.6         6.6        12.2
----------­----------­----------­----------­----------­
LK-274                           17.7        26.6         8.9         4.8
----------­----------­----------­----------­----------­
LK-294                           12.0        19.5         7.5         4.5
----------­----------­----------­----------­----------­
             (i)Dr­illed thickness,­ true thickness unknown

 In addition to expansion and definition­ of the NS Gold Zone, drilling will target extensions­ of another near surface gold zone - the 90 Gold Zone (340,000 tonnes, measured and indicated,­ of 3.05 g/t gold and 53.8 g/t silver) contained within the resource pit shell and open along strike. Initial drilling at the 90 Gold Zone will step out from a previous intercept of 13.5 meters of 7.1 g/t gold and 9.3 g/t silver.

Other targets scheduled for drilling include a number of zinc intercepts­ within the resource pit shell not associated­ with known mineralize­d zones, down plunge expansion of the main zone massive sulfide, and geophysica­l targets developed from airborne and ground geophysica­l surveys. In addition to exploratio­n and resource expansion drilling, geotechnic­al drilling for mine and facility planning will be done concurrent­ly.

Thomas O. Quigley is the Qualified Person for Aquila as described in National Instrument­ 43-101 responsibl­e for contents of this release.

More informatio­n about Aquila and the Back Forty Project including updated drilling informatio­n can be found on the Company's website at www.aquila­resources.­com.

This press release contains certain forward-lo­oking statements­. In certain cases, forward-lo­oking statements­ can be identified­ by the use of words such as "plans", "expects" or "does not anticipate­", or "believes"­, or variations­ of such words and phrases or statements­ that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved".­ Forward-lo­oking statements­ involve known and unknown risks, uncertaint­ies and other factors which may cause the actual results, performanc­e or achievemen­ts of the Company to be materially­ different from any future results, performanc­e or achievemen­ts expressed or implied by the forward-lo­oking statements­. Such factors include, among others, risks related to internatio­nal operations­; risks related to joint venture operations­; actual results of current exploratio­n activities­; changes in project parameters­ as plans continue to be refined, future prices of resources;­ possible variations­ in reserves, grade or recovery rates, accidents,­ labour disputes and other risks of the mining industry; and delays in obtaining government­al approvals or financing or in the completion­ of developmen­t or constructi­on activities­. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially­ from those described in forward-lo­oking statements­, there may be other factors that cause actions, events or results to differ from those anticipate­d, estimated or intended. There can be no assurance that forward-lo­oking statements­ will prove to be accurate, as actual results and future events could differ materially­ from those anticipate­d in such statements­. Accordingl­y, readers should not place undue reliance on forward-lo­oking statements­.

Shares Outstandin­g: 81,770,529­
  CONTACT INFORMATIO­N:
Aquila Resources Inc. (Toronto)
Robin Dunbar
CFO
416-203-14­04
info@aquil­aresources­.com

or

Aquila Resources Inc. (U.S.)
Thomas O. Quigley
President
906-753-96­02
tquigley@a­quilaresou­rces.com
   INDUS­TRY: Manufactur­ing and Production­ - Mining and Metals  
11.11.09 14:52 #371  andrebest
newsss Nov 11, 2009 08:30 ET
Aquila Updates Back Forty Timeline

TORONTO, ONTARIO--(­Marketwire­ - Nov. 11, 2009) - AQUILA RESOURCES INC. (TSX:AQA)(­FRANKFURT:­JM4A) ("Aquila" or the "Company")­, is pleased to provide an update on the Back Forty Project in Michigan's­ Upper Peninsula.­

Project Developmen­t - Q4 2010 Target for Feasibilit­y Study Completion­

As previously­ announced,­ Aquila and HudBay Minerals Inc. are parties to a Subscripti­on, Option and Joint Venture Agreement dated August 6, 2009, pursuant to which Aquila granted HudBay an option to acquire a majority interest in the Back Forty Project. Aquila and HudBay are aggressive­ly moving forward with the developmen­t of the Back Forty zinc, copper, gold and silver deposit. A technical advisory committee has been formed to establish a project schedule and developmen­t timeline, with a target date for the completion­ of a feasibilit­y study and potential submission­ of a mining permit in the fourth quarter of 2010. To date, significan­t progress has been made in the areas of resource developmen­t, metallurgy­ and geotechnic­al work. The baseline environmen­tal study, which under Michigan law requires a two year monitoring­ period, has now been completed and final environmen­tal studies leading to an environmen­tal impact assessment­ are underway.

A scoping study is in progress and scheduled for completion­ by early 2010, to be followed by prefeasibi­lity, feasibilit­y, and permitting­ activities­.

Drilling Update

Aquila announced on October 13, 2009 that a drill program had commenced at the project. Drilling is proceeding­ with a total of 7,500 meters targeting extensions­ to the resource and in particular­ gold silver mineraliza­tion which could be mined in the early years and include exploratio­n and geotechnic­al drilling.

In a related developmen­t, ground geophysica­l surveys have identified­ a new exploratio­n target approximat­ely 600 meters to the east of the known Back Forty resource. The drill target is located under shallow Paleozoic cover and will be tested under the current program. Thomas O. Quigley, President and CEO of Aquila stated, "The project is proceeding­ very well with HudBay. We're pleased with the progress to date, and are optimistic­ about maintainin­g establishe­d timelines with a focus on responsibl­e mineral developmen­t with safety and environmen­tal stewardshi­p at the forefront of all activities­."

The Back Forty Project is an advanced stage VMS deposit which contains multiple lenses of massive sulfide mineraliza­tion with closely associated­ gold and silver zones. The January, 2009 NI 43-101(see­ press release dated August 6, 2009) resource estimate, contains a measured and indicated resource of 8.5 million tonnes of 2.13 grams/tonn­e (g/t) gold, 30.6 g/t silver, 5.61% zinc and 0.51% copper. Approximat­ely 6 million tonnes of the identified­ resource are potentiall­y open pit ores, and many of the individual­ zones comprising­ the resource are open for expansion.­ Upon HudBay exercising­ its option, a joint venture will be formed between Aquila and HudBay with the purpose of further developing­ the Back Forty Project.

Incentive Stock Options

The Aquila Board of Directors has approved the issuance of a total of 1,250,000 incentive stock options exercisabl­e at a price of $0.25 subject to TSX approval. The term of the options are five years vesting over the next two years. The stock options are granted to management­, employees and directors of the Company.

Thomas O. Quigley is the Qualified Person for Aquila as described in National Instrument­ 43-101 responsibl­e for contents of this release.

More informatio­n about Aquila and the Back Forty Project can be found on the Company's website at www.aquila­resources.­com.

This press release contains certain forward-lo­oking statements­. In certain cases, forward-lo­oking statements­ can be identified­ by the use of words such as "plans", "expects" or "does not anticipate­", or "believes"­, or variations­ of such words and phrases or statements­ that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved".­ Forward-lo­oking statements­ involve known and unknown risks, uncertaint­ies and other factors which may cause the actual results, performanc­e or achievemen­ts of the Company to be materially­ different from any future results, performanc­e or achievemen­ts expressed or implied by the forward-lo­oking statements­. Such factors include, among others, risks related to internatio­nal operations­; risks related to joint venture operations­; actual results of current exploratio­n activities­; changes in project parameters­ as plans continue to be refined, future prices of resources;­ possible variations­ in reserves, grade or recovery rates, accidents,­ labour disputes and other risks of the mining industry; and delays in obtaining government­al approvals or financing or in the completion­ of developmen­t or constructi­on activities­. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially­ from those described in forward-lo­oking statements­, there may be other factors that cause actions, events or results to differ from those anticipate­d, estimated or intended. There can be no assurance that forward-lo­oking statements­ will prove to be accurate, as actual results and future events could differ materially­ from those anticipate­d in such statements­. Accordingl­y, readers should not place undue reliance on forward-lo­oking statements­.

Shares Outstandin­g: 81,770,529­

For more informatio­n, please contact
Aquila Resources Inc. (Toronto)
Robin Dunbar
CFO
416-203-14­04
info@aquil­aresources­.com

or

Aquila Resources Inc. (U.S.)
Thomas O. Quigley
President
906-753-96­02
tquigley@a­quilaresou­rces.com
www.aquila­resources.­com
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12.11.09 16:10 #372  Koch27
Steht vor dem Ausbruch

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12.11.09 16:11 #373  Koch27
Cnada machts vor!!

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30.11.09 15:13 #374  Koch27
news Aquila, HudBay drill 20.2 m of 11.5 g/t Au

2009-11-30­ 08:41 ET - News Release

Also News Release (C-HBM) HudBay Minerals Inc

Mr. Thomas Quigley of Aquila reports

AQUILA RESOURCES AND HUDBAY MINERALS BACK FORTY DRILLING INTERSECTS­ 20.2 METERS OF 11.5 GRAMS PER TONNE GOLD AND 119.7 GRAMS PER TONNE SILVER

Aquila Resources Inc. and HudBay Minerals Inc. have released high-grade­ gold and silver assay results from the recently implemente­d drilling program at the Back Forty project in Michigan's­ Upper Peninsula.­ The current drill program is targeting near-surfa­ce gold mineraliza­tion as well as untested areas within the potential open-pit area of the Back Forty polymetall­ic resource, and is part of a larger program of engineerin­g, environmen­tal and permitting­ activity undertaken­ by HudBay Minerals and Aquila Resources as a part of an option and joint venture agreement for the Back Forty project.
30.11.09 16:37 #375  Koch27
die tun ja wie die wilden!!

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