Aquila Resources Inc.: Back Forty Drill Results Expand Pinwheel and Tuff Zone

Market Wire, June, 2008

AQUILA RESOURCES INC. (TSX: AQA)(FRANKFURT: JM4A) ("Aquila" or the "Company") released results from an additional 14 drill holes of base and precious metal mineralization at the Back Forty Project in Michigan's Upper Peninsula. The holes are part of an ongoing program of definition and expansion of a 43-101 compliant measured and indicated resource of 6.6 million tonnes of massive and stringer sulfides grading 2.3 grams/tonne (g/t) gold, 28.8 g/t silver, 5.3% zinc and 0.5% copper completed in March 2007. An updated resource incorporating results from 170 additional drill holes is expected to be completed this summer and will include significant expansion of identified sulfide mineralization as well as definition of peripheral precious metal mineralization.

The results reported below are from holes targeting the Pinwheel and Tuff Zone massive sulfide lenses, and include significant expansions of both zones. Drilling also encountered associated precious metal zones, and other massive and stringer sulfide mineralization. Expansions include a 150 meter strike extension of previously released Pinwheel intercepts, as well as a 30 meter down dip extension of the Tuff Zone. Highlights include:

Pinwheel Zone massive sulfide

- 16.2 meters of 8.67% zinc and 0.51% copper

- 7.1 meters of 4.29 g/t gold and 235.04 g/t silver

Tuff Zone massive sulfide

- 3.2 meters of 21.7% zinc and 81.5 g/t silver

- 4.1 meters of 14.04 % zinc and 49.2 g/t silver

90 Gold Zone

- 5 meters of 4.17 g/t gold and 89.9 g/t silver

PM Gold Zone

- 0.71 meters of 5.93 g/t gold and 3,072.0 g/t silver

Complete results are tabulated below: