Aquiline Resources Inc. TICKER: TSX: AQI DESCRIPTION: Aquiline Resources Inc. is a precious metals development and exploration company headquartered in Toronto, Canada. The company’s core strategy is to acquire advanced stage high-grade precious metal deposits within Argentina and the Americas. In July 2003, Aquiline acquired the Calcatreu Gold Project in Rio Negro Province, Argentina. This deposit consists of several near-surface zones of high grade gold mineralization, amenable to open pit mining. Aquiline is fast-tracking the Calcatreu Gold deposit to production. The company has engaged Ausenco Limited of Brisbane, Australia, to conduct a bankable feasibility study for Calcatreu, the results of which are expected in the fourth quarter of 2005. WEBSITE: http://www.aquiline.com Aquiline Announces Closing of $22.073 Million Brokered and Non-Brokered Private Placements2007 Annual Report
The information below is based on the most recent information we have
received from analysts and the companies participating in The Gold Report.
We encourage you to visit the company's web site for updates.
The Gold Report
"Another favorite that is more advanced is Aquiline Resources; their Navidad in Argentina is a world-class silver deposit, one of the world’s largest unmined silver deposits—606 million ounces. And they had to get through a number of legal battles, but now they’ve done that and can move forward. It’s a fairly attractive valuation, trading at about 86 cents an ounce." (6/3/08)
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The Gold Report Interview with Louis Goluboff
The Gold Report
"It may be a little early to start playing Christmas tunes in the office. . but that didn't stop Aquiline from giving its shareholders a gift on Thursday. The company reported results of thirty nine holes (10,298 metres) drilled at its 100%-owned Navidad silver project in Chubut province, Argentina. According to the company, Navidad is one of the world's largest undeveloped silver deposits. Total drilling at Navidad now stands at 122,889 metres in 694 drill holes. Aquiline said step-out drilling at 100-metre intervals continues to intersect wide zones of high-grade silver mineralization at its recent Valle Esperanza discovery. The highlight (step-out) holes from the most recent batch of results were: Drill hole NV08-694 that intersected 18.5 metres @ 1,058 g/t silver; and drill hole NV08-692 which returned 21.0 metres @ 487 g/t silver. Aquiline commented that these new results indicate that wide zones of high grade silver mineralization remain open to the south and southeast and have essentially doubled the surface footprint of the discovery to more than 200 metres. Also stated in the company's press release was that in the last week of April, two additional Longyear diamond drill rigs were added and have begun working, bringing the total number of drills on the project to four. These extra two drills are needed to keep up with the increasing demand created by the project's engineering, metallurgical, resource definition and regional exploration programs. Of note, Aquiline also announced the closing today of a non-brokered private placement financing for gross proceeds of $15 million, which was placed with a mining company whose identity remains confidential. " (5/9/08)
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Morning Coffee
The Gold Report
"Aquiline announced a $15M investment by an undisclosed mining company...revised target price to $15.60...Positive Impact: Replenished cash reserves for ongoing Navidad exploration to expand drilling, continue metallurgical testwork, and to increase regional exploration activities around the Navidad silver-lead project in Chubut province in Argentina." (5/8/08)
-ANDREW KAIP, HAYWOOD SECURITIES
The Gold Report
"Aquiline entered a multi-staged transaction with Silverstone Resources to finance the final $11 million payment for exploration expenses incurred by IMA Exploration and for ongoing exploration. Aquiline received $16.45 million in proceeds. After the Silverstone and IMA transactions, Aquiline will have cash reserves of $8 million...In the near-term, Aquiline has realized minimal dilution through equity issuance at a 12% premium to its market price." (2/27/08)
-ANDREW KAIP, HAYWOOD SECURITIES
The Gold Report
"Aquiline Resources ranked as one of three top-performance equities in Haywood's Developer Universe for the period January 17 through February 8, 2008."(2/13/08)
-CHRIS THOMPSON, HAYWOOD SECURITIES
Aquiline Resources Inc. 
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