The Bend deposit contains a historical resource estimate (non NI 43-101 compliant) of three million tonnes grading 2.4% copper, 1.4 g/t gold and 13.7 g/t silver, and remains open down dip and down plunge.
A separate gold zone containing 1.23 million tonnes of 4.7 g/t gold and .31% copper was delineated in historic technical reports (non NI 43-101 compliant) and remains open in all directions.
Aquila president and CEO Thomas Quigley said the acquisition of Bend is part of an effort to explore for and acquire mineral deposits in the Penokean Volcanic belt – an area of vast untapped potential in Michigan and Wisconsin.
