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Aquila Resources Inc T.AQA


Primary Symbol: AQARF

Aquila Resources Inc is in the business of exploring for and developing mineral properties. It operates in two geographical areas, the United States and Canada. It has three assets, the Back Forty Project located in Michigan's Upper Peninsula; Bend Project and Reef Project, are found along the mineral-rich Penokean Volcanic Belt. The area hosts multiple deposit types including VMS, magmatic copper-nickel and stratiform copper.


OTCQB:AQARF - Post by User

Comment by invidious1on Jun 14, 2021 1:51pm
152 Views
Post# 33382424

RE:RE:RE:Too much at stake

RE:RE:RE:Too much at stakeRE: Changing laws to benefit nonferrous mineral mining industry.

Just a little background. The Michigan statute that is relevant to Aquila's Back Forty project (Part 632 of the state's Natural Resources and Environmental Protection Act) was passed in 2004 after extensive negotiations with stakeholders including environmental groups and the mining industry. Tom Casperson, then a state representative, took the lead in getting everyone together and reaching a compromise. I see absolutely no prospect that the Michigan legislature will to revisit the matter. Too difficult, time-consuming and risky (once you re-engage, you can't be sure you'll like the outcome).
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