AGR aguia resources limited
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Aguia Resources (ASX:AGR) is on track to release a Scoping Study...

  1. Proactive
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    31/07/15
    14:42
    Post #: 15729844

    Aguia Resources (ASX:AGR) is on track to release a Scoping Study for its Três Estradas phosphate deposit in Brazil during the current quarter.

    During the June 2015 Quarter, the company increased Indicated and Inferred Resources by 130% to 70.1 million tonnes grading 4.2% P2O5.

    Higher grade oxide zone from surface were more than doubled to 3.9 million tonnes averaging 10.25% P2O5.

    Beneficiation test work at Três Estradas resulted in 80% phosphate recovery from oxidised carbonatite and 65% from fresh carbonatite.

    The company also continues to assess its other assets in the Rio Grande do Sul region including Cerro Preto, Joca Tavares and Porteira.

     

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