Aquila drills long intersection (July 16, 2007)

The Back Forty property of Aquila Resources (AQA-T, AQLRF-O) in the Upper Peninsula of Michigan has returned several long intersections of massive and stringer sulphides.

The intersections included the longest yet from the property, an 87-metre zone of massive sulphide grading 9.8% zinc, 0.3% copper, 0.03% lead, 17.4 grams silver and 2.3 grams gold per tonne. That included 19.5 metres where the zinc grade averaged 23.54%.

That hole, and three others, tested an area of high-grade mineralization on the northern edge of the deposit’s Main Zone. Another hole intersected 54.3 metres of massive and stringer sulphides grading 0.4% copper, 0.09% lead, 0.07% zinc, 13.9 grams silver and 3.1 grams gold per tonne, followed by a 20-metre interval of 3.01% zinc, 0.08% copper, 0.08% lead, 13.1 grams silver and 0.4 gram gold per tonne in massive sulphide mineralization of the deposit’s Deep Zone.

Assays from the two other holes are not yet complete, but both intersected stringer-style mineralization. Gold assays on samples from one of those holes ran 0.49 gram per tonne over 62.5 metres, and on the other ran 1.44 grams over 30.3 metres.

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