Aquila Resources Inc announced that it is acquiring the mineral rights to a land package controlling the Bend copper and gold deposit near Medford, Wisconsin. The Bend deposit contains a historical resource estimate of 3 million tonnes grading 2.4% copper, 1.4 gram per tonne gold and 13.7 gram per tonne silver and remains open down dip and down plunge. In addition, a separate gold zone containing 1.23 million tonnes of 4.7 gram per tonne gold and .31% copper was delineated in historic technical reports and remains open in all directions.

The project is part of the Company's strategic Exploration Alliance with HudBay Minerals Inc CA:HBM +1.67% HBM +0.79% to explore for base metal projects in designated areas throughout North America.

Mr Thomas O Quigley president & CEO of Aquila said that "The acquisition of Bend is part of an effort together with HudBay to explore for and acquire mineral deposits in the Penokean Volcanic belt an area of vast untapped potential in Michigan and Wisconsin. The initial acquisition and exploration costs for Aquila are non-dilutive and allow our shareholders to benefit from exposure to base metal opportunities in the Great Lakes area."