Aquila Resources Inc.
TSX VENTURE : AQA
FRANKFURT : JM4A

Aquila Resources Inc.

November 20, 2006 01:00 ET

Aquila Drills 19.9 Meters 7.70% Copper and 201.4 G/T Silver Plus 33.3 Meters 3.69% Copper and 1.8% Zinc at the Pinwheel Zone

TORONTO, ONTARIO--(CCNMatthews - Nov. 20, 2006) - AQUILA RESOURCES INC. (TSX VENTURE:AQA)(FRANKFURT:JM4A) ("Aquila" or the "Company") today announced more high grade copper, gold and silver intercepts from the Pinwheel Zone plus additional gossan and massive sulfide intercepts from the East Zone at the Back Forty Project in the Upper Peninsula of Michigan.

Highlights include:

Pinwheel Zone:

- 4.0 meters of 8.5 grams/tonne (g/t) gold, 210.2 g/t silver in gossan underlain by 19.9 meters of 7.70% copper, 201.4 g/t silver in massive sulfides in LK-128P

- 4.8 meters of 4.0 g/t gold, 48.0 g/t silver in gossan underlain by 12.9 meters of 1.28% copper, 63.0 g/t silver in massive sulfides in LK-129P

- 10.2 meters of 6.8 g/t gold, 249.9 g/t silver, 2.1% copper in gossan in LK-130P

- 33.3 meters of 3.69% copper, 1.8% zinc, 2.1 g/t gold, 50.2 g/t silver in massive sulfides in LK-131P

East Zone:

- 6.1 meters of 10.3 g/t gold in gossan in LK-120E

- 16.7 meters of 1.5 g/t gold, 4.24% zinc in massive sulfides in LK-124E



More detailed results from these drill holes are shown in the tables
below.

------------------------------------------------------------------------
Pinwheel Drill Results
------------------------------------------------------------------------
All
Intervals
in Meters Estimated
--------- TRUE g/t g/t % % %
Hole # From To Width Au Ag Cu Pb Zn Description
------------------------------------------------------------------------
LK-128P 5.5 9.5 4.0 8.5 210.2 0.22 0.04 0.01 Pinwheel
Gossan

Pinwheel
Massive
9.5 29.4 19.9 1.8 201.4 7.70 0.02 0.02 sulfide
------------------------------------------------------------------------
LK-129P 15.5 20.3 4.6 4.0 28.0 0.11 0.00 0.01 Pinwheel
Gossan

Pinwheel
massive
20.3 33.2 12.4 1.6 63.0 1.28 0.01 0.03 sulfide
------------------------------------------------------------------------
Pinwheel
gossan and
LK-130P 4.9 15.0 9.5 6.8 249.9 2.10 0.05 0.01 rhyolite
------------------------------------------------------------------------
LK-131P 5.1 5.8 0.6 6.8 365.0 0.13 0.02 0.01 Pinwheel
Gossan

Pinwheel
massive
5.8 39.0 29.4 2.1 50.2 3.69 0.02 1.78 sulfide

Pinwheel
massive
includes 5.8 17.5 10.4 1.5 54.3 3.65 0.01 4.99 sulfide

Pinwheel
massive
includes 17.5 35.5 15.9 2.7 54.7 4.29 0.02 0.03 sulfide
------------------------------------------------------------------------



------------------------------------------------------------------------
East Zone Drill Results
------------------------------------------------------------------------
All
Intervals
in Meters Estimated
--------- TRUE g/t g/t % % %
Hole # From To Width Au Ag Cu Pb Zn Description
------------------------------------------------------------------------
East Zone
LK-118E 6.6 10.9 4.3 3.4 5.0 0.05 0.03 0.01 rhyolite

East Zone
18.2 19.6 1.4 6.1 9.4 0.03 0.04 0.10 rhyolite
------------------------------------------------------------------------
East Zone
LK-120E 8.1 14.2 6.1 10.3 6.4 0.24 0.04 0.02 gossan

East Zone
stringer
14.2 20.2 6.0 1.3 9.8 0.24 0.02 0.81 sulfides
------------------------------------------------------------------------
LK-122E No significant assays
------------------------------------------------------------------------
East Zone
massive and
LK-124E 12.8 29.5 16.7 1.5 19.5 0.09 0.12 4.24 stringer

East Zone
massive
includes 12.8 19.0 6.2 2.2 28.5 0.21 0.07 5.34 sulfide
------------------------------------------------------------------------


The latest results (all within 40 meters of the surface) continue to expand the near surface copper rich massive sulfides and precious metal rich gossans at the Pinwheel Zone. Significant zinc mineralization occurring with copper (3.65% copper and 4.99% zinc over 11.8 meters in LK-131P), as well as copper enrichment within the gossans (2.1% copper over 10.2 meters in LK-130P) represent new styles of mineralization in this near surface environment.

The four holes reported from the East Zone are the final results from the current drilling program for this zone and were drilled to complete the definition of the easternmost portion of the massive sulfides and gossans in this area. Additional drilling will be required to further define porphyry margin gold mineralization previously encountered in this area and not targeted in the last round of drilling.

Sixteen holes from the Pinwheel Zone and seven holes from the Main Zone Hinge remain to be reported, and assay results from these holes will be released in the order and sequence they are received. 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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