|
|
Article: Aquila Resources and HudBay Minerals Resume Drilling at the Back Forty Project to Expand NI 43-101 Resource.
- Article from:
- Marketwire Canada
- Article date:
- October 13, 2009
CopyrightCOPYRIGHT 2009 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
TORONTO, ONTARIO, Oct 13, 2009 (Marketwire via COMTEX) -- 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 ...