Aquila Resources Inc. has received conditional approval to list on the Toronto Stock Exchange. The key condition to listing is the filing of an updated National Instrument 43-101 report on SEDAR. The TSX is one of the world's leading stock exchanges for international and domestic mining and mining exploration companies.
Aquila plans to announce the results of a mineral resource estimate in the near future, and thereafter will post a National Instrument 43-101 technical report on Sedar. The report will include the results of drilling completed by Aquila in 2006 and incorporate mineralization contained on a key property acquired in the project area.
Thomas O. Quigley, president and chief executive officer of Aquila, stated: "Aquila is pleased to progress to the Toronto Stock Exchange. We feel the Back Forty project is one of North America's leading polymetallic base metal exploration projects and we are planning to accelerate our drilling and evaluation of the project in 2007."
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