03:37 PM EST - Aquila Resources Inc. : provided investors with new drill results from the Back Forty Project. The Back Forty Project is a joint venture between Aquila and HudBay Minerals Inc., with HudBay currently owning a 51% interest and Aquila a 49% interest. The project recently entered pre-feasibility stage and submission of a mine permit remains on track for the second quarter of 2012. Highlights from new intercepts at the Back Forty Project include: -- 9.12 metres of 1.21% copper and 6.24% zinc in LK-501 -- 24.00 metres of 1.02 g/t gold and 108.11 g/t silver in LK-502 -- 51.05 metres of 1.45 g/t gold and 54.89 g/t silver in LK-504. Aquila Resources Inc.
shares T.AQA are trading down $0.01 at $0.53.
