AGR 8.33% 2.6¢ aguia resources limited

Ann: Aguia acquires Andrade Copper Project, page-6

  1. 3,703 Posts.
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    I particularly like Justin's comments in the latest announcement as follows: "By analysing the existing historical data and drilling new holes, we have been able to quickly gather compelling results about the mineralisation at Andrade which will be used to define a NI 43-101/JORC compliant mineral resource. Our plan is to explore the oxidized copper mineralization from surface at Andrade that has the potential for a quick-start and low capital cost operation. The Primavera target to the south of Andrade also exhibits promising attributes and presents future optionality."

    Getting to a JORC compliant resource usually takes lots of time and money.
 
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