Aquila Resources Inc.

TSX: AQA / Last: CA$0.14 Change: 0.000

Aquila Resources Inc.

Corporate Profile

Aquila Resources Inc. (TSX: AQA) (Frankfurt: JM4A) is a development-stage exploration company focused on its strategic assets in the Great Lakes Region, including its 100%-owned gold- and zinc-rich Back Forty Project in Michigan's Upper Peninsula. 

Aquila's flagship Back Forty Project is a volcanogenic massive sulfide (VMS) deposit located along the mineral-rich Penokean Volcanic Belt in Michigan's Upper Peninsula and currently demonstrates a 15.1Mt measured and indicated (M&I) resource containing close to 1 million ounces of gold and 1 billion pounds of zinc.

A 2014 PEA demonstrated a pre-tax NPV of $282.2M at 6%, 38.8% IRR and a 1.4-year payback period. The PEA and optimized mine plan lay the foundation for the next set of value-creating milestones, including the ramp-up of permitting activities, commencement of a feasibility study, and an exploration program initially focused on near-mine satellite targets. 

Latest News

June 26, 2015: Aquila Resources Announces Grant of 1.4 Million Options

June 25, 2015: Aquila Resources Announces Election Results for its 2015 Annual General Meeting

June 22, 2015: Aquila Resources Strengthens Management Team

June 12, 2015: Aquila Resources Announces Intention to Submit Permit Application On Its Back Forty Project

May 15, 2015: Aquila Resources Fles Q1 2015 Financial Results and Provides Corporate Update

April 1, 2015: Aquila Resources Closes Previously Announced Financing Transaction With Orion Mine Finance for US$20.75 Million

March 30, 2015: Aquila Resources Files 2014 Year-End Financial Results and Provides Corporate Update

January 27, 2015: Aquila Resources Announces Proposed Financing Transaction with Orion Mine Finance for US$20.75M

November 13, 2014: Aquila Resources Announces Filing of Third Quarter 2014 Financial Results 

September 22, 2014: Aquila Resources Announces Closing of Oversubscribed Non-Brokered Private Placement 

September 8, 2014: Aquila Resources Announces Filing of Technical Report 

August 18,2014: Aquila Resources Announces Non-Brokered Private Placement 

August 12, 2014: Aquila Resources Files Q2 2014 Results

July 23, 2014: Aquila Announces Results from New Preliminary Economic Assessment for Back Forty 

June 27, 2014: Aquila Announces Voting Results from its Annual Meeting of Shareholders 

May 15, 2014: Aquila Resources Files Q1 2014 Results 

March 31, 2014: Aquila Resources Files 2013 Year-End Financial Results and Provides Corporate Update

January 16, 2014: Aquila Resources and REBgold Corporation Announce Closing of Business Combination and Completion of Back Forty Acquisition