Aquila Resources Inc.
FRANKFURT : JM4A
TSX : AQA

Aquila Resources Inc.

July 11, 2007 01:30 ET

Aquila Continues to Drill Thick Intersections of Zinc and Gold Including 34 Meters of 11% Zinc

TORONTO, ONTARIO--(Marketwire - July 11, 2007) - AQUILA RESOURCES INC. (TSX:AQA)(FRANKFURT:JM4A) ("Aquila" or the "Company") today announced additional results of ongoing drilling at the Back Forty project in the Upper Peninsula of Michigan. 40,575 meters of drilling has been completed at the project to date, and three drills continue to expand and define massive sulfide zones, underlying stringer sulfides and adjacent gold mineralization.

Highlights include:

- 34.1 meters of 11.0% zinc and 0.89 g/t gold, including 22.8 meters 14.9% zinc in the Main Zone Hinge massive sulfide in LK-166.

- 14.9 meters of 4.2 g/t gold in stringer sulfides underlying the Main Zone Hinge in LK-166.

- 3.5 meters of 4.8 grams per tonne (g/t) gold, 163.7 g/t silver, and 5.2% zinc in the Tuff Zone massive sulfide in LK-166.

- 30.27 meters of 1.4 g/t gold and 3.3% zinc including 16.4 meters of 5.4% zinc in rhyolite overlying the Main Zone Hinge in LK-163.



More detailed results are shown in the table below.

--------------------------------------------------------------------------
Summary Drill Results
---------------------------------------------------------------------------
All Intervals
in Meters Width(i) g/t g/t % % %
-------------
Hole # From To Au Ag Cu Pb Zn Descrip-
tion
---------------------------------------------------------------------------
LK-162(ii) 79.51 86.00 6.49 1.90 1.77 0.04 0.06 0.48 Sulfide
Stringer
---------------------------------------------------------------------------
LK-163(ii) 32.73 63.00 30.27 1.44 3.09 0.04 0.08 3.31 Sulfide
Stringer
including 39.85 56.20 16.35 2.05 4.37 0.06 0.10 5.37 Sulfide
Stringer
including 39.85 45.50 5.65 3.05 5.99 0.06 0.12 3.85 Sulfide
Stringer
---------------------------------------------------------------------------
LK-166 52.50 56.00 3.50 4.77 163.72 0.09 1.46 5.23 Tuff Zone
Massive
Sulfide
156.86 191.00 34.14 0.89 10.26 0.12 0.27 11.04 Main Zone
Hinge
Massive
Sulfide
including 156.86 179.64 22.78 0.89 13.48 0.15 0.37 14.94 Main Zone
Hinge
Massive
Sulfide
201.80 216.71 14.91 4.17 6.72 0.14 0.13 0.09 Sulfide
Stringer
---------------------------------------------------------------------------
LK-167 58.93 87.00 28.07 0.65 6.54 0.04 0.29 1.42 Sulfide
Stringer
139.56 218.64 79.08 1.73 14.00 0.28 0.18 2.22 Main Zone
Hinge
Massive
Sulfide
including 161.50 174.25 12.75 0.82 9.38 0.15 0.16 5.60 Main Zone
Hinge
Massive
Sulfide
---------------------------------------------------------------------------
LK-168 53.84 54.72 0.88 6.30 761.64 0.33 4.50 4.78 Tuff Zone
Massive
Sulfide
69.50 89.00 19.50 1.20 5.62 0.02 0.20 1.67 Sulfide
Stringer
131.10 133.50 2.40 2.38 63.67 0.01 1.03 0.07 Porphyry
Margin
Gold
Zone
154.86 228.70 73.84 2.63 15.28 0.57 0.16 0.73 Main
Zone
Hinge
Massive
Sulfide
---------------------------------------------------------------------------
(i)Drilled interval, true width unknown
(ii)Gold results released previously


LK-163 encountered a broad zone of disseminated zinc and gold mineralization lying above the Main Zone Hinge massive sulfide. This zone occurs near the bedrock surface, and may be continuous with other shallow intercepts in adjacent holes, making it a potentially valuable capping to the underlying Main Zone Hinge mineralization. Further drilling will be required to assess the continuity and grade of this horizon.

Infill drilling in LK-166, LK-167 and LK-168 at the Main Zone Hinge, continues to expand this important portion of the resource with thick intersections of massive sulfide and underlying gold rich stringer sulfides. LK-166 and LK-168 also encountered gold rich Tuff Zone massive sulfide mineralization as well as porphyry margin gold mineralization in LK-168.

Step out drilling on the Pinwheel Zone has commenced with six holes recently completed, and at least six additional holes planned, to test the down dip and south western strike extent of this copper and locally zinc rich massive sulfide lens. Six holes targeting the Main Zone Hinge and related stringer mineralization as well as the PM Gold zone have also been completed and processed with results expected in the next several weeks. Several of these holes also tested possible extensions of the near surface disseminated sulfide zone overlying the Main Zone Hinge massive sulfide.

An up to date plan map of completed and pending holes is available on the company's website at http://www.aquilaresources.com/projects.php#map.

Sample preparation and analyses for this release were conducted by Accurassay Labs in Thunder Bay, Ontario on split drill core supplied by Aquila. Standards were inserted in the sample sequences with check assays and re-run's routinely conducted. Tom Quigley, P.Geo. and President of Aquila is the Qualified Person as described in National Instrument 43-101 for the Back Forty Project and is responsible for the content of this press release.

Certain information regarding the Company contained herein may constitute forward-looking statements under applicable securities laws. Such statements are subject to known or unknown risks and uncertainties that may cause actual results to differ materially from those anticipated or implied in the forward-looking statements. The securities being offered have not and will not be registered in the United States under the United States Securities Act of 1933, as amended (the "1933 Act") or any state securities laws, and may not be offered or sold within the United States or to or for the account of benefit of U.S. persons absent U.S. registration or an applicable exemption from U.S. registration requirements. This news release does not constitute an offer to sell or a solicitation of an offer to purchase securities in the United States.

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