Aquiline Resources Inc. (Aquiline) is a silver and gold exploration and development company. The Company is focused on discovery and development of advanced deposits in the Americas. Its two main assets are in Argentina, with assets in Peru added through the acquisition of Absolut Resources Inc. (Absolut) in April 2008. The Navidad Silver Project (Navidad) in Chubut Province, Argentina, is a undeveloped silver deposits. Total drilling at Navidad during the year ended December 31, 2008, was 185,371 meters in 920 drill holes. Aquiline’s projects consist of three separate claim groupings: the Dana North, Anaconda and Central River Valley mineral properties, which together comprise 194 mining claim units. The Dana North and Anaconda properties are held 100% by Aquiline, whereas the Central River Valley property is a joint venture with Mustang Minerals Corp. where Aquiline has the option to earn a 70% interest.