Have we found water on Saturn's moon?

Nothing gets the astronomical pulse racing more than the thought that there may be extra terrestrial life. So scientist's are understandably excited about the evidence that liquid water may be present on Saturn's moon.

The moon under the radar is Enceladus. Plumes of water vapor and ice are being ejected at supersonic speeds from the surface. Mathematical models of the emissions suggest the water is being forced out of nozzle like formations on the surface of the satellite. This would imply that water is present in some form below the surface.

That Enceladus has an effervescent surface has been known since 2005 when the Cassini satellite returned imagery that captured the emissions. The speed of said ejections surpasses 1,300 miles per hour. Recent efforts of Cassini have actually collected samples of the plumes confirming that they are comprised of ice and water.

Of course this is not the first instance of water outside of Earth, but no such discovery has yet resulted in evidence of extraterrestrial life.