Cora Copper Project Secured In Southern Arizona

VANCOUVER - Aguila American Gold Limited has acquired 100% ownership through staking, the Cora copper project, located in Pinal County, Arizona. The project was identified during an extensive and ongoing project generation program targeting copper deposits within mining supportive jurisdictions of North America. Aguila is focused on copper and precious metal exploration and development within the major mining belts of the Western USA. The Company targets under-explored districts where post-mineralization cover masks areas of high geological prospectivity in the vicinity of major mines. The Cora project lies 75km NNE of Tucson, within the heart of the southern Arizona copper belt. The project is 100% owned by Aguila, secured by 46 granted BLM lode mining claims covering a total of 3.84 sq km. Many of North America's largest copper mines and development projects lie within 100km of Cora, including Ray, Miami, Resolution, Florence and Silver Bell. Drilling at Cora was last recorded over 40 years ago, when significant widths of oxidized copper were intersected beneath shallow alluvial cover over an area exceeding 1 square kilometer.

Drilling results are historical in nature and have not been verified by a "qualified person" as defined by National Instrument 43-101. Drill locations are determined from maps with local grid coordinates of the day which cannot converted to modern coordinates with a high degree of accuracy. Results therefore should not be relied upon and should only be considered an indication of the mineral potential of the project.

"The newly staked Cora project represents an exciting first step for Aguila into copper exploration in the Western US," said, Mark Saxon, President & CEO. "We have been progressively and patiently assessing projects, and Cora stands out as a significant copper prospect in one of the world's premier copper producing regions. The timing could not be better, as secure global copper supplies are tightening, coinciding with strong demand growth as a result of a global infrastructure, electrification and renewable energy boom. We look forward to applying modern exploration techniques to this under explored district."