Aquila Resources Inc. provides investors with an update on the Company's Strategic Exploration Alliance with HudBay Minerals Inc. The Alliance is an agreement between the Company and HudBay to explore for base metal projects throughout the Great Lakes area and other regions by mutual consent. HudBay will fund the first US$2 million in expenditures [...]
Aquila Resources is pleased to report results from the last 12 holes of the recently completed 2011 drill program at its 100% owned Reef Gold project in Marathon County, Wisconsin. In total the Company completed 24 diamond core drill holes totaling 2,000+ meters along two profiles. Reef is part of the Company's overall strategy to develop [...]
Aquila Resources is pleased to release results from the second round of drilling at its 100% controlled Peninsula gold project. Peninsula is part of a package of gold prospects acquired by the Company in 2010 that occur within the Marquette Greenstone Belt in the Upper Peninsula of Michigan (see press release dated November 1, 2010).
Aquila is pleased to announce that it has completed its private placement offering of common shares previously announced in October. All Group Financial Services Inc. acted as agent for the Offering. The Company issued 4,477,000 common shares of the Company to qualified investors at a price of $0.50 per common share for aggregate gross proceeds of [...]
TORONTO, ONTARIO -- (Marketwire) -- 12/06/11 -- Aquila Resources Inc. (TSX: AQA)(OTCQX: AQARF)(FRANKFURT: JM4A) ('Aquila' or the 'Company') is pleased to report that it is acquiring the mineral rights to a land package controlling the Bend copper-gold deposit ('Bend') near Medford, Wisconsin. The Bend deposit contains a historical resource
Aquila is pleased to report that it is acquiring the mineral rights to a land package controlling the Bend copper-gold deposit near Medford, Wisconsin. The Bend deposit contains a historical resource estimate of 3 million tonnes grading 2.4% copper, 1.4 g/t gold and 13.7 g/t silver, and remains open down dip and down plunge. In addition, a separate [...]
Aquila Resources Inc is pleased to announce that it has entered into an agreement with All Group Financial Services Inc. to complete a private placement offering, on a best efforts basis, of up to 6,000,000 common shares of the Company to qualified investors at a price of $0.50 per common share for aggregate gross proceeds of $3,000,000. The [...]