Overview

Aquiline Resources Inc. (Aquiline) is an exploration and development company advancing one of the world’s largest undeveloped silver deposits (Navidad) as well as a gold deposit (Calcatreu), both in Argentina and a gold deposit in Peru (Pico Machay).

What We Like About Aquiline Resources!

• 632 million ounces silver measured and indicated
• 119 million ounces silver inferred
• Expanding experienced mining management team
• Considerable exploration upside
• Working with local community to build mining capacity

Chief Property

Navidad Silver Project

The Navidad Project is located in the Province of Chubut, south central Argentina. Aquiline is committed to its “Buen Vecinos” (Good Neighbours) policy and to date has initiated work training programs in sheet metal fabrication, carpentry, welding and hotel services. The Company is working with the community to improve schools, internet connectivity, medical centers as well as upgrading the local airstrip. As the Navidad project continues to expand, the Company is committed to expand its work force through local employment.

Aquiline is building an experienced team to bring the Navidad project into operation. In 2007, the company made some key additions to its team – Dean Williams is Aquiline’s Chief Geologist and expert in the Navidad style geological environment; Matt Andrews is an environmental professional in charge of Navidad’s baseline studies; and in 2008, Damian Spring joined the team as Chief Mining Engineer. These people are key members of the team that led the Loma de La Plata Scoping Study that will lead to a more comprehensive Feasibility Study. The Scoping Study was completed by Snowden Mining Industry Consultants (“Snowden”) and was released in October 2008.

Highlights from the Study include:

• Average yearly production of 15 Moz
• Average grade of 231 g/t Ag (years 1-3); 140 g/t Ag (year 4 onward)
• Stripping ratio of 1:1 for first stage pit
• Initial pit mining and processing costs of $4.47/oz
• Pre-production capital expenditures of $272.6M (10,000 tpd operation with possible expansion to 30,000tpd)
• Silver recoveries of 80% using conventional flotation

View of Navidad Trend Looking WNW

Management

• Marc Henderson – Director, President and CEO. Marc is a Chartered Financial Analyst and has over 20 years of industry experience. Much of this has been as CEO of publicly traded resource companies including Minefinders Corporation, where he was responsible for the acquisition of the multi-million ounce Dolores Gold Project in Mexico. He is also President and CEO of Laramide Resources Ltd. (TSX: LAM) and an independent director of Lydian International Ltd. (TSX: LYD).
• Martin Walter – Director and Executive Vice President. Martin brings to the Company more than 15 years of mine operation and international mineral development experience. From 2001 to March 2006 he acted as Vice President of Exploration for Aquiline. Prior to 2001, Mr. Walter was a Senior Consulting Geologist at Ironbark International Limited, and prior to that was a Consulting Geologist with MPH Consultants. Martin is a director of Crown Point Ventures (TSX-V: CWV). Mr. Walter has a degree in geology from Ballarat University, Australia as well as an MBA from the University of Toronto.
• Dennis Gibson – Chief Financial Officer. Dennis holds a Bachelor of Commerce from Concordia University and is a Certified General Accountant. Throughout his 25 year career, he has held various senior financial positions. Most recently, Dennis served as the Vice President, CFO and Corporate Secretary of Vector Intermediaries Inc., a company listed on the TSX Venture Exchange.
• John Chulick – Vice President of Exploration. John joined Aquiline in 2005 as an Exploration Manager and has since become Vice President of Exploration. He is a seasoned exploration geologist with over 22 years experience in Latin America, most significantly with low sulfidation epithermal precious metals deposits in Chile and Argentina. His previous management experience includes directing surface and underground exploration at Meridian Gold’s El Peñón Mine in northern Chile.
• Daniel Noone – Vice President of Peruvian Operations. Dan holds of Bachelor of Science (Graduate) in Geology and a Masters in Busuiness Administration. Mr. Noone has 15 years experience in mineral exploration and has worked in Peru since 1997. From 1998 until 2001 Dan managed exploration in Peru for Homestake Mining. He was involved in the discovery of the Sinchao polymetallic skarn system for El Misti Gold in 1997 and also identified a number of high quality exploration plays including the Antaña gold project, acquired and drilled by NDT Resources in 2001. Dan was President and CEO of Absolut Resources Corp until its amalgamation with Aquiline in April 2008.
• Flora Wood – Vice President of Investor Relations. Flora has 12 years of Investor Relations experience and is a former broker. Prior to joining Aquiline, she was Corporate Secretary and Investor Relations Manager for Harris Steel Group Inc. until its takeover in 2007. She has an MA and Levels 1 and 2 of the Chartered Technical Analyst designation.
• G. Michael Hobart – Corporate Secretary. Michael is a partner at Fogler, Rubinoff LLP, where he has practised corporate and securities law since 2002. Prior to joining Fogler, Rubinoff, he was a partner of Aylesworth LLP from 1998. Michael holds a B.A from McGill University and a LL.B. from the University of New Brunswick. He has held directorships and senior officer positions with several junior mineral exploration companies in Canada.

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