Aquila Resources Limited (Aquila) is an Australian company engaged in exploration and mining of coal and iron ore resources. The Company's coal projects in Australia include Isaac Plains Coal Project, which is located south east of the town of Moranbah in the Bowen Basin in central Queensland; Belvedere Coal Underground Project, which is located in the southern end of the Bowen basin near the town of Moura in Central Queensland; Peak Downs East Underground Coal Project, which is located south of the Isaac Plains Mine area, and Bowen Basin Projects. Its iron ore projects include Western Pilbara and Eastern Pilbara. Aquila expanded its wholly owned tenement holdings in the Bowen Basin Project during the fiscal year ended June 30, 2007 (fiscal 2007), with the acquisition of the Red Hill project near Moranbah. During fiscal 2007, it incorporated Aquila Energy (S Africa) (Pty) Ltd.