SOURCE: Aquarian Gold Corp.

November 14, 2007 08:00 ET

Aquarian Gold Corp. Begins Negotiations With Power Plant Owners in Indonesia

TORONTO--(Marketwire - November 14, 2007) - Aquarian Gold Corp. (PINKSHEETS: AQGC) ("Aquarian") is pleased to announce that it has been approached by owners of a power plant powered by coal in Indonesia to dedicate up to 2.0 million metric tonnes per year of its coal resources. This would generate significant cashflow, estimated to be in the tens of million of dollars per year. Dedication of a portion of its coal production to the power plant would guarantee the Company access to funds that would allow it to expand its coal reserves through both exploration and acquisitions. In addition, the Company plans to look to additional markets for its coal so that it is not solely dependent on one source of income.

One new market that is being established is the result of a recent announcement that China has banned oil-fired power stations in China. It is felt that this will force higher competitive demand for available coal production to improve the viability of new coal production. Aquarian Gold has every intention in participating in this new market opportunity.

Aquarian Gold Corp. trades in the United States on the Pink Sheets under the symbol AQGC. For further information contact Ian Lambert at (416) 840-9843 or go to www.aquariancoal.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.

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