Aquila Resources Inc.: Drilling at Back Forty Continues to Yield High Grade Gold and Zinc Intercepts

Market Wire, December, 2007

Drill hole LK-207 represents a significant expansion the South Limb massive sulfide and for the first time a possible fold closure with the Hinge zone. Drilled in a gap in previous testing along the axis of the central fold, LK-207 intersected the South Limb 50 meters up-dip from previous intercepts.

LK-184 was a test of the western deep extension of the South Limb. The narrow, but rich, intercept (12.5% zinc) is considered an encouraging near miss of the South Limb since the thickness of massive sulfides at Back Forty can change greatly over short distances.

The remaining drill holes are important in-fill intercepts on the Hinge and South Limb zones drilled on sections with relatively little information compared to other sections. These holes verify the robustness of the two massive sulfide zones.

Three drills are currently targeting more South Limb expansion as well as the 90 Gold Zone where step out holes continue to encounter altered, silicified sediments characteristic of this near surface, gold mineralized zone. Ongoing drilling will focus on delineation of this and other near surface gold mineralization as well as definition of expanded massive sulfide zones with the goal of adequate definition for inclusion in an updated resource calculation.

Metallurgical testwork is progressing and preliminary mine modeling for near surface portions of the existing resource is underway, as are environmental studies in the potential development area.

An up to date plan map of completed and pending holes is available on the company's website at http://www.aquilaresources.com/projects.php#map .

Sample preparation and analyses for this release were conducted by Accurassay Labs in Thunder Bay, Ontario on split drill core supplied by Aquila. Standards were inserted in the sample sequences with check assays and re-run's routinely conducted. Tom Quigley, P.Geo., and President of Aquila is the Qualified Person as described in National Instrument 43-101 for the Back Forty Project and is responsible for the content of this press release.

Certain information regarding the Company contained herein may constitute forward-looking statements under applicable securities laws. Such statements are subject to known or unknown risks and uncertainties that may cause actual results to differ materially from those anticipated or implied in the forward-looking statements. The securities being offered have not and will not be registered in the United States under the United States Securities Act of 1933, as amended (the "1933 Act") or any state securities laws, and may not be offered or sold within the United States or to or for the account of benefit of U.S. persons absent U.S. registration or an applicable exemption from U.S. registration requirements. This news release does not constitute an offer to sell or a solicitation of an offer to purchase securities in the United States.

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