Aquila Acquires Michigan Gold Properties and Drilling Has Begun

Aquila Resources Inc. (TSX:AQA) reports that it has acquired gold properties in the Marquette Greenstone Belt.

The press release is quoted as saying:

Drilling of approximately six to eight holes has commenced on one of several exploration targets expected to be drilled in 2010 and 2011. Acquisition of the gold properties are part of a corporate diversification strategy by Aquila to expand its portfolio of assets outside its current 49% interest in the Back Forty Joint Venture with HudBay Minerals Inc. (TSX:HBM)(NYSE:HBM) (“HudBay”).

Click here to access the entire press release