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Aerial Exploration in Menominee County

Aquila Completes Airborne Geophysical Survey

TORONTO, ONTARIO — (MARKET WIRE) — 10/04/07 — AQUILA RESOURCES INC. (TSX: AQA)(FRANKFURT: JM4A) ("Aquila" or the "Company") today announced that an airborne electromagnetic and magnetic survey at the Back Forty project in the Upper Peninsula of Michigan has been completed. The survey encompassed a block approximately 35 kilometers by 14 kilometers with line spacings of 100 and 200 meters, and was designed to evaluate the mineral potential of favorable rocks extending to the east of known mineralization at the project.

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