SOURCE: Aquarian Gold Corp.

November 13, 2007 08:00 ET

Aquarian Gold Corp. Forms Indonesian Joint Venture

TORONTO--(Marketwire - November 13, 2007) - Aquarian Gold Corp. (PINKSHEETS: AQGC) ("Aquarian") is pleased to announce that it has signed an agreement forming a joint venture to explore for coal on coal licenses in the Riau Basin Sumatra, Indonesia. Preliminary independent studies indicate that the coal reserves related to the joint venture licenses already exceed 200,000 tonnes with additional probable reserves exceeding 100 million tonnes. The economies of scale for such deposits coupled with the location having close proximity to many of the Southeast Asian markets makes such coal operations potentially highly profitable.

Indonesia is the second largest producer of coal in the world, with Japan and Taiwan being Indonesia's two largest coal markets, with huge growth potential for Chinese markets.

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

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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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