Lida Copper-Silver Project Acquired In Nevada

VANCOUVER - Aguila American Gold Limited has secured through staking 100% ownership of the Lida copper project, located in Esmeralda County, Nevada. The project was identified during an extensive and ongoing generative program targeting copper deposits within the most mining supportive jurisdictions of North America. Initial surface sampling and mapping has commenced to test this exciting new project.

Aguila is focused on copper and precious metal acquisition, exploration and development within the major mining belts of western North America. The Company continues to target under-explored areas, including the recently acquired Lida and Cora projects where post-mineralization cover masks areas of high geological prospectivity in the vicinity of major mines.

The Lida project lies in south-central Esmeralda County within the richly gold and copper endowed Walker Lane Mineral Belt. The project is secured by 33 granted BLM lode mining claims covering a total of 2.75 sq km, and is easily accessed by two wheel drive vehicles utilizing existing access.

The Walker Lane Mineral Belt is a broad northwest striking fault zone that trends for more than 500km through western Nevada and eastern California.

"The newly staked Lida project represents another exciting step for Aguila into copper exploration in the Western US," said Mark Saxon, CEO. "Lida caught our eye immediately due to the abundance of surface copper oxide mineralization within a small area of outcrop surrounded by thin post-mineralization cover. The association with a magnetic high in the Walker Lane Mineral Belt is a consistent signature with major porphyry and epithermal systems. Major mining companies exploring north and south highlights the pedigree of the terrane.

The timing could not be better, as secure global copper supplies are tightening and price is rising, 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."