Including 5.14 Meters of 28.63 Grams Per Tonne Gold
TORONTO, ONTARIO -- (Marketwire) -- 01/19/11 -- AQUILA RESOURCES INC. (TSX: AQA)(FRANKFURT: JM4A) ('Aquila' or the 'Company'), is very pleased to announce the first drill results from the first 13 holes of a 20 hole drilling program at its 100% owned Michigan Gold Project targeting precious metal mineralization in the Marquette Greenstone Belt in the Upper Peninsula of Michigan, which comprises a number of properties in the Marquette Greenstone Belt. The overall exploration effort is designed to add gold resources to Aquila's asset base in the Upper Peninsula, which includes the Back Forty Project, a joint venture with HudBay Minerals Inc. ('HudBay') (TSX: HBM)(NYSE: HBM) which is in an advanced stage of exploring and developing an 18 million tonne VMS zinc/gold deposit.
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