606m oz Silver - 1m oz Gold
One of the world’s largest undeveloped Silver projects - Argentina
Aquiline Resources Profile
Aquiline Resources Inc.Toronto On, TSX : AQI, is an exploration and development company advancing one of the world’s largest undeveloped Silver deposits, as well as a Gold deposit (Calcatreu), both in Argentina and a gold deposit in Peru (Pico Machay).
Silver and Gold Resources (NI 43-101 compliant)
Aquiline Gold Division Calcatreu - Updated resource estimate:
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1,035,360 gold equivalent ounces
Navidad - One of the world’s largest undeveloped silver projects
Measured and Indicated Resource Estimate
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Total 453 million contained ounces Ag
Inferred Resource Estimate
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Total 153 million contained ounces Ag
Project Development Schedule 2009:
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Q1 & Q2: complete initial variability testing and engineering of deposits Q3 commence feasibility study.
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2010: Q3 complete FS Q4 submit EIS
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2011: Q2 full approval of EIS Q3 construction begins
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2012: Q4 shipping concentrate
Aquiline Resources Inc
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Structure,SX: AQI
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Shares Outstanding: 67.9M
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Options Outstanding 4.7M
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Convertible Debenture 1.5M
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Warrants 7.5M
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Fully Diluted: 81.6M
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Market Capitalization: $122.9M
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Cash: $10.6M
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Management / Insiders Own (FD) 11%
Last changed at 05-Feb-2009 10:25AM by Highgrader